Until last year, every year, on my birthday, I used to write a post titled "Discipline" which was about the growth of my portfolio, year after year, to show how discipline and good investments can make a difference over time.
Last year, many things changed and some unfortunate events made me much less interested in this blog. That's why I didn't write my "Discipline" post. I decided to focus on my problems and let them make me feel miserable.
But, once you condition yourself to be a bit superficial, you realize that not everything is dark and gloomy. At least, I own a very nice portfolio.
As seen below, here's my porfolio from may 2009 to may 2024 (I started to invest on the stock market during the fall of 2008). Year after year, I saved a big part of my earnings and I bought stocks as much as I could with these savings.
It helped my porfolio a lot. Because the numbers below show the absolute increase of my portfolio, year after year. In other words, it represents an hybrid growth: increase of the price of my shares and savings added to the portfolio. Usually, people talk only about their portfolio performance but I like to show how things can turn with a mix of discipline (savings) and investing without doing too much big mistakes.
In my case, from may 2009 to may 2024, I managed to get an annual increase of 30%, which is huge. Of course, this performance will surely tend to drop as my savings count for less and less of the total value of my portfolio.
I often wonder how long I will last as a worker or an active citizen. I don't know clearly how things would turn financially if I retired now. But I know that my portfolio is my biggest support in this life.
I wish much more people would start to invest much earlier and don't feel prisoner of their job for most of their life.
I started to invest in the late summer of 2008 (just before the crash) but I had the sense to smart small and only invested one-third of my investment capital. But the crash occurred a few weeks later (boy, that was growing up fast).
RépondreSupprimerI lost my job in fall of 2009 and never really got back into the workforce, so I took all my money and put half in the bank and put the other half in a RRSP to protect it from the government so they wouldn't get much of my severance from work.
I've learned a lot through the years of investing in the market. They really should teach this stuff in schools (the time value of money etc...) I think the object of investing is to protect the purchasing power of your money over time as the fiat currencies degrade and inflate.
I too have had a series of unfortunate setbacks lately (starting really at the beginning of 2000 when Covid started. But my interest in metaphysics has convinced me that it's all coming from myself because of the way I think (talk to myself in my head)
Bro, you should have just bought bitcoin. Have fun staying average.
RépondreSupprimerYes, I should have sold everything and buy bitcoin. I hope to die.
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