Get your hard hats on.
Now that I have all the building materials for my DIY $1,000,000 portfolio, it’s time to get, well, it’s time to get buildin’.
With SCHD as the foundation and Microsoft as the walls, Costco will be the perfect roof to help my portfolio weather tough economic times. Robinhood will serve as the shiny appliances and eye-catching decor while Rivian will power the place and help provide an eco-friendly touch.
I’m being figurative. Literally, though, there are reasons I’m choosing to put $10 of my hard-earned money into one of those five positions every single day: options.
It’s all about options.
I mean, that’s why you invest, right?
Just about everything people do in life, they do for one of two reasons:
They have to
They want to
It’s different for everyone, too.
Some people move because they have to … others do it because they want to. Some people work because they have to and others don’t have to work at all.
It’s all about options.
I want those options and, eventually, I’ll have them.
These days, my only option is to keep investing $10 into the stock market. That, and where to put my money to work.
That’s the fun part.
I started with a construction analogy. Now, to best explain how I think in terms of growing my portfolio from zero to $1,000,000, and why I picked the five investments I did, try this garden analogy on for size.
My portfolio is a garden and the five positions are the plants. I monitor this garden every single day, sprinkling a little water where I think it needs it most. The plants don’t change. The plan doesn’t change … I simply show up, every day, and water it.
If you’ve been following me on social media — X and Threads — you know, virtually in real-time, where I’m putting my money to work each day.
Here’s the why … why I picked the building materials, I mean plants, no, no stocks I did to grow my portfolio from the ground up.
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