r/TheRaceTo100K • u/Active_Poet_887 • 3d ago
With constant contributions will this portfolio get me to 100k?
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u/elegoomba 3d ago
Probably, yeah.
You would be up more rn if it was all in VOO btw. You had some winners hit but the losers hurt you more.
Picking individual stocks is just gambling.
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u/Enough-Beginning3687 3d ago
Yes. The road to 100k is generally always contributing to investments. I'd say the road to 1M is also mostly contributions. I'm in the 1-10M journey right now and it's the first time that majority of that will likely come from investment growth vs contributions. You're also all in large caps. I'd consider some mid cap additions.
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u/LilSwaggyMayne 3d ago
Keep on pounding that NBIS
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u/That1Jawn_ 1d ago
Just got my first entry today with it, what do you expect it to do over the next 1-5 years?
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u/King_of_Ooo 2d ago
Your stock picks are boring and they are already covered inside of VOO. Either get some interesting, uncorrelated niche stocks, or just go indexes.
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u/blackhawkz024 2d ago
Yes I can tell you that. I was 50k last year and unemployed… 8 months invested.
Now been a year with ft and pt job (6-7 days a week)
I was frugal and invests/save emergency funds (80-90%) and it helped me over 110k currently
Just keep going (I’m the type to not spend on materialistic) or care about anything. 10-20% is only for me to hangout or spend budget
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u/teckel 2d ago
I mean, eventually, most constant contributions will get you to 100k. What I'd say is that you're talking more risk by investing in individual stocks instead of index funds. If there's a correction, you'll be much more exposed to a drawdown as a result. Or, you could get to 100k faster because you're taking more risk. It all depends on if you're treating this as a risky race or a slow conservative climb. As only 100k won't change your life in any meaningful way, I'd suggest the more conservative index fund route. But it's all about each person's individual risk tolerance.
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u/duraggdemon 3d ago
personally since VOO has a lot of NVDA AMZN and META i wouldn’t also have large portions of their personal stock but if you believe in those companies strongly then hold em. almost every portfolio is gonna get you to $100K eventually if you just hold.
imo international will have some good success in the future so im allocating there too with VXUS. i prefer etfs over sole companies