Give Yourself Some Credit
Does it ever feel like youâre investing and investing⌠but your portfolio is barely moving?
I know that feeling.
I started investing seriously at 50.
But if thereâs one thing Iâve learned, itâs that you should be proud of what youâre doing.
Whether you just invested your first $100 or youâre working toward $100,000, every dollar represents a choice you made about your future.
You could have spent it.
Instead, you invested it.
That takes discipline, sacrifice, planning, patience and consistency.
And especially in the beginning, it can feel like a grind.
You keep contributing and hear about the âmagic of compoundingââŚ
but sometimes you wonder where the magic is. đ
Because early on, most of the heavy lifting is being done by you, not your portfolio.
Iâm approaching $600,000 now and Iâm still contributing aggressively. Even at this point, there are times when it feels like things arenât moving fast enough.
But thereâs a big difference.
The portfolio is starting to do more of the work.
A 1% move on $10,000 is $100.
A 1% move on $600,000 is $6,000.
Eventually, your portfolio can produce more growth than you could reasonably contribute yourself.
But you have to build it first.
Iâm also very aware of this when I share my numbers on Blossom or in my YouTube videos.
Someone might see my portfolio and, instead of feeling motivated, feel like theyâre behind.
I never want that to be the takeaway.
I remember when $100,000 seemed enormous.
The person with $1 million had a first $100 too. They had years of contributions, patience and times when it felt like nothing was happening.
Theyâre not necessarily doing better than you.
Theyâre just at a different point in their journey.
So wherever you are today, be proud of it.
Youâre building options for yourself and making your financial future better.
And those contributions youâre making when it feels like nothing is happening?
One day you may look back and realize thatâs when you were building the foundation for everything that came after. â¤ď¸
Where are you in your investing journey today, whatâs your next goal, and whatâs your plan to get there?