u/IndividualUser_

▲ 6 r/FIREUK

24 years old Update

2 years ago, at age 22 I made a post when I hit 50k Net worth.

I'm now 24 years old and have just hit £100,000.

Wanted to share it with you guys and show you that it's possible at a young age and for anyone that needs it hopefully I can offer some help.

Portfolio (See Photos)

£30,468.60 in a S&S ISA invested in the S&P500. Returns have increased from around £6,000 two years ago to now shy of £12,000.

£11,922.20 in a SIP invested in the S&P500. Returns have increased from around £400 to £1,858.85.

£31,185.50 in a Lifetime ISA (will be used to purchase first property very soon).

£15,000 in cash to be used for property renovations or just general savings not doing anything but gaining interest currently.

I've got a few other things here and there which would take to long to list but my portfolio is currently fluctuating around the 100k mark.

I want to add here that I don't earn a massive salary I'm around the UK average and I haven't inherited or been gifted any money as these where two big questions last time.

If anyone has any questions feel free to ask them, I'm more than happy to help people as best as I can.

Thanks everyone.

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u/IndividualUser_ — 17 days ago