I share my optimistic outlook on reaching a $100,000 milestone in my Sharesies account, which currently stands at $89,000. I discuss investment strategy, which includes a commitment to investing $100 weekly, a focus on exchange-traded funds (ETFs), and a careful selection of individual stocks. Emphasizes the importance of long-term investing and disciplined strategies, like tracking portfolio performance and maintaining a diversified approach. Highlights recent changes in his portfolio, including the sale of underperforming ETFs and the addition of high-growth stocks. Also touches on market trends, historical performance, and external factors such as political events that could impact the stock market. Concludes with a detailed plan to ensure that his investments continue to grow, outlining the principles behind his success and inviting viewers to engage with his content on social media for more insights.
Highlights
📈 Current Portfolio Value: Gifford’s Sharesies account is at $89,000, just $11,000 shy of the $100,000 target.
🏦 Weekly Investment: He commits to investing $100 weekly, which plays a key role in his growth strategy.
📊 ETFs vs. Individual Stocks: Gifford consolidates his portfolio by focusing on ETFs that outperform others, notably VOO, while selectively adding high-growth stocks.
📉 Market Awareness: He acknowledges potential market crashes and emphasizes the importance of maintaining a long-term investing mentality.
🧮 Tracking Progress: Gifford actively tracks his investments, suggesting that understanding one’s portfolio is crucial for success.
💸 Financial Discipline: He shares the importance of living below one’s means, having no personal debt, and the benefits of being mortgage-free.
📅 Future Outlook: Gifford is bullish on the market over the next decade, indicating a belief in the resilience of long-term investments.
In summary, Gifford’s confident outlook toward reaching $100,000 in his Sharesies account is built on a strategic approach to investing, a commitment to continuous learning, and disciplined financial practices. His insights provide valuable lessons for both novice and experienced investors, emphasizing the importance of long-term planning and adaptability in the ever-changing landscape of the stock market.
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Disclaimer: This video is for entertainment purposes only. This is not to be considered as financial advice as I don't know what I'm doing as much as the next person in the stock market. Seek professional financial advise if needed, my gains come from beginners luck with a lot of actual time grinding out RESEARCH!
Use of sound credit, see links below:
Intro Music: From www.bensound.com
Sound: From (www.jshaw.co.uk) of Freesound.org
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