2017 was an incredible year for the stock market and my personal investment accounts. Learn how I made a 69% return on my stock investments this year and why you should be investing in stocks.
HOW DO THE RICH GET SO RICH?
How do the rich get so rich? Why do they say, the rich get richer and the poor get poorer? I’ll tell you why.
The rich invest their money and the poor do not. The poor cannot afford to while the rich have so much money they don’t have anything else to do with it but invest.
America’s ECONOMIC INEQUALITY at it’s finest…
Name any extremely wealthy, self made person, and lookup how they made their fortune and you will find 1 of 3 ways. (Ignoring those who inherit their wealth)
- REAL ESTATE INVESTING
- STOCK INVESTING
- STARTING A BUSINESS
(It’s possible cryptocurrencies will become a standard and be part of this list in the future, but it’s a bit too early to tell right now for sure.)
I call this the TRIFORCE OF INVESTING. If you want to be rich you need to do at least one of these three.
You could wait to win the lottery or get a big inheritance, but if you want to be self made rich sooner than later, this is how you do it.
Working at a 9-5 job isn’t exactly going to make you rich unless you invest that income. Even the so called high paying professions like doctors or lawyers generally don’t make nearly as much money or have the wealth of investors who are investing in the TRIFORCE OF INVESTING!
MILLENNIALS AND STOCK INVESTING
I’m a millennial and if your reading my site, you probably are as well, or are at least near that age group.
We have suffered some serious bullshit from Wall Street and some greedy investors in the Baby Boomer generation.
We got welcomed to our adult life with the Great Recession. (C’mon baby boomers, this is how you treat your kids and grandkids generation?!)
For this very reason, you guys (millennials) are not investing in stocks. It’s a real loss for our generation!
You notice up there at the top of this article how stock investing is one of the top 3 ways to get rich over time??
In fact only about 33% or 1 in 3 of you are investing. This is not good… Not good at all…
Your know why the rich get richer? Stocks, real estate, and businesses. If you don’t have any of these, you’re not getting richer or at least not very fast.
STOCK INVESTING AND LET’S AUTOMATE YOUR MONEY
One of the main purposes of Let’s Automate Your Money is to take the money back from greedy rich people and bring it back to us normal people through knowledge.
Knowledge truly is power. It’s the key to building wealth and living a happy and secure life. You should be able to do that, especially in America.
I want to take Let’s Automate Your Money to the next level this year. I’ve focused a lot on managing money or general personal finance over the last year. I’ll still be teaching that, but I want to throw in something new this year.
I want to teach you how to invest in stocks. I want you to build wealth just like the rich do.
It’s time for you to stop being an outsider to the Wall Street party. Stocks, wealth, and security are not just for the rich or the 1%. You can take advantage of it just as well.
I’m going to teach you how this year.
THE BADASS STOCK PORTFOLIO
Starting now I’m sharing my experimental stock portfolio with all of you. Every move I make a trade, every stock I own will be in this portfolio for you to see.
NO ORDINARY STOCK PORTFOLIO
This is no ordinary stock investment portfolio. This is my balls to wall experimental portfolio.
I opened this portfolio in Robinhood as an experiment.
I have the normal 401K’s and Roth IRA, but this account is different. I created this to throw out all of the rules.
I created this to experiment with stocks. I ignored all the typical finance and investing rules.
Too often we are hindered by fear. We think that we will lose all of our money. We think that the worst will happen. Fear is the worst enemy of wealth building.
Those who are wealthy all have a trait that others don’t. They are RISK TAKERS.
We’re told to diversify into safe investments, MUTUAL FUNDS, ETFs, BONDS, TREASURIES, blah, blah, blah.
Those are great for safe and diversified investing in something like your 401k and over the VERY long term, those CAN make you rich.
For this account I wanted nothing to do with that. I wanted to see how much of a return I could get with stocks NOW. How much money I could make with stocks in the short term.
WHAT ARE BILLIONAIRES INVESTING IN?
Have you ever researched what many of the most successful billionaires invest in? Hint: It’s not your typical safe investments like Treasuries and Mutual Funds.
It’s stocks. Individual stocks.
Just to beat this horse to death, the rich get richer while normal Americans don’t, because they invest heavily and in aggressive return based investments like individual stocks.
HOW I’VE MADE TONS OF MONEY IN THE STOCK MARKET
I started investing early in the 2000s in stocks. I had no idea what I was doing. I bought typical companies like Proctor and Gamble, General Electric, and Dell.
In other words, the typical safer stocks. If their extremely safe, you know what their not doing?
They’re not giving you big returns!
MORE RISK = MORE MONEY
The rich know this and use this to their advantage every day.
It all changed for me when I started buying some more speculative plays. My first big win was a small $1,000 investment in Sirius XM Satellite radio back when it was new on the scene. Howard Stern was signed to the station and my $1,000 investment doubled to $2,000.
This opened my eyes to the possibility of stock investments. I really started to get more serious about stock investing.
By the mid 2000’s the company I was working at began allowing us to invest our 401k funds into individual stocks instead of a little group of funds that basically sucked.
In the first year I nearly double my 401k account from $40,000 to $80,000. It was incredible!
Now don’t get the idea that those types of returns are the norm. No, they are not.
Look no further than than the Great Recession. Douche bag Wall Street companies got greedy and the stock market crashed.
Here’s the thing most people don’t understand. The stock market doesn’t go from 25,000 to 0 overnight. You don’t just lose your money in stock investments over night.
The stock market can be volatile, but not quite like that.
Instead, when the Great Recession hit, my investments started to swing aggressively up and down. The Dow Jones was swinging about 1,000 points up or down in a day. This is not normal.
Between the swings and the news, I knew we had hit trouble in America I hadn’t seen before. I sold all of my stocks and switched to cash. The stock market tumbled for nearly 2 years. I sat it out for the most part.
Instead I began dollar cost averaging small investments into the stock market so when it recovered I could ride the stocks back up.
After the dust had cleared from the crash, the stock market bottomed out. Job loss had nearly stopped and the Economy was looking better. I began buying back large positions with the cash I had sitting out.
I didn’t get in right at the bottom, but not far from it.
I survived the Great Recession without losing my money and have been riding the stocks up since. It’s been an amazing ride.
Now here I am today trying to get the biggest gains possible and I’m sharing it with all of you.
CREATING YOUR OWN AGGRESSIVE STOCK INVESTMENT ACCOUNT
Once you start watching the Badass Stock Portfolio you may get inspired to jump in to stocks.
A lot of people ask me how much to invest.
Here’s my answer:
Don’t invest more than you would worry about losing. I normally suggest to my friends and colleagues to continue to invest like normal in their 401k and their Roth IRA’s, but set aside about 5% of your income to invest in stocks.
Almost like a play account, this account could make you rich, go nowhere, or decrease in value. Never invest more than you could handle losing. That is my philosophy on how much I invest in stocks.
My stock investments have out-gained my “safe” 401k’s and Roth IRA every year that I’ve been in stocks. But never forget there is always risk.
WHAT IS RISK VS INTELLIGENT RISK?
Don’t get me wrong. Investing in stocks should not be taken with reckless risk.
You need to investigate, compare, and make intelligent decisions when buying stocks. There will always be risk involved with buying stocks, but if chosen carefully the risk is much smaller than most people think and the gains are much bigger than most people think as well.
Remember to take INTELLIGENT RISK.
THE BADASS STOCK PORTFOLIO
Without further ado… Here is the Badass Stock Portfolio I created. You can see every stock within it. You can see the returns for 2017.
I started the account by throwing a little money in it here and there and it’s grown quite a bit.
I hope you find value in it and it will inspire you take some INTELLIGENT RISK in your own life. Enjoy!
CREATOR OF LET'S AUTOMATE YOUR MONEY