facebookHow I made my first million in my early 30s - Seedly

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How I made my first million in my early 30s

I had a few people in my circle asked me about how I accumulated my wealth in my 20s, and thought I would share a few tips in this blog post: https://peekablog.substack.com/p/how-i-made-my-...

TL;DR - I consider myself very very lucky. I started investing early on, consistently, and into high growth sectors. There was really no silver bullet - I am not a daytrader nor a brilliant venture capitalist.

But I made sure to invest all of my cash. My current portfolio consistents of 40% ETFs, 38% individual stocks (including Google, Tesla, AMD, etc.), 15% crypto, and the rest in small holdings like fixed income and cash. I would be what consider to be high risk, but I invest for the long-term and don't need the money for 30+ years.

I hold some unconventional views about investing. I decided not to buy property for investment because the S&P 500 returns much higher over a long period of time with much better liquidity. I am a happy renter with growing investments in stocks.

And I am not afraid of taking risk as long as I mitigate it properly. I am still investing in high growth sectors - recently bought Destiny Tech100 to get exposure to high-growth private companies like SpaceX, Stripe and Discord. And I started getting into angel investing into startups directly.

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