u/PurpleCableNetworker

▲ 39 r/LETFs

Hit my first major milestone - 6 figures in my retirement account

Sharing here because other than my wife - I don’t want to share this with anyone else I know in real life.

Early 40’s and just started taking investing and learning about investing seriously within the last 3 years. I spent a few years chasing crypto gains only to loose about $4K on shit coins during COVID era. I got into ETH in 2021 near the top and just sold at a very minor profit last year. I got tired of loosing and started getting serious about investing. I stopped looking at it as a get rich quick and started accepting my fate that I would have to build my wealth slowly.

Everything changed when I started to educate myself and start learning about different investments, how to compare ETF overlap, and dive into the actual underlying holdings. I also learned to break from the consumerism cycle that holds many.

I would build test portfolios and start to back test my theories. I stopped investing in stuff because some random people said it was a good idea and started investing because I understood what I was investing in and how it worked.

I spend the last 3 years maxing my contributions to my ROTH IRA and this am maxing mine already (last transfer was today).

So yeah…. That’s my story. It’s a very small win compared to many other people in here - but it’s my win. And by god - I’ll celebrate it! 🎂🍾

Here’s to the next 20 years investing AND learning. I couldn’t have done this without the learning part. Leveraged ETF’s help get me here! 🥂

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u/PurpleCableNetworker — 2 days ago