r/TheRaceTo100K

I inherited 30k from a death trust I got when i was 16. Long story short I just got the money, but a couple months ago I was asked by my dad to come live on a sailboat with him for who knows how long starting this December/January. He’s well off financially so he already said he’ll pay for all cost as long as I’ll pitch in here and there for grocery’s or something. He did say I will need my own money to fund my own habits/ hobbies (ex. A new surfboard or going to a restaurant instead of eating on the boat). What’s the best way I could invest this $30-$35k plus whatever I can save in the next 6-8 months to give a decent return of a couple hundred bucks a month maybe even $1k. I bring home around $5k a month right now living in an apartment and pay around $1600 a month in living expense and have about $13k in debt right now which is mainly a car and about $1k on credit cards. I know I can pay off that debt with just my income alone by living frugally so where can I dump this $30k to let it grow and reinvest into itself to give off profitable dividends when I’m living on the boat. Any tips, advice, jealous hate comments welcome!

EDIT: I invested $3,000 into a VFIAX fund couple months ago as well so already have that

EDIT 2: Thank you guys for the recommendations! I definitely have some homework to do and will definitely be looking into many of the stocks you guys listed. I hope all goes well for you guys also!

I live outside Dallas. Pretty average life honestly. Small house, old SUV with way too many miles on it, quiet neighborhood where nobody really pays attention to what anyone does for work. Most people probably assume I’m just another middle-aged guy trying to survive inflation like everyone else.

For a long time, that was basically true.

In my early 30s, I went through a rough stretch financially after a failed business with a friend. Burned through most of my savings, picked up credit card debt, and ended up moving back into a tiny apartment after thinking I was finally ahead in life.

That experience messed with my head more than I realized.

After that, I became extremely cautious with money. Probably too cautious honestly. I worked a normal logistics job, contributed to retirement accounts, bought index funds consistently, and mostly tried to avoid making another major mistake.

Then around 2021, when everyone online kept arguing nonstop about whether Palantir was overhyped and whether Meta was finished, I started slowly building positions in both.

Not aggressively at first.

I remember buying PLTR under $12 and adding META during that brutal selloff when sentiment around tech was awful. Every time the market dropped another few percent, I questioned whether I was making the same mistakes all over again.

Friends told me I was buying broken companies.

Online comments made it sound like tech was dead for years.

But I couldn’t shake the feeling that companies deeply tied to AI infrastructure, data, and digital ecosystems were eventually going to become even more important than people realized.

So I kept buying slowly whenever fear got extreme.

Today, between those positions and years of boring index fund investing, my net worth is sitting a little above $3.8 million.

And honestly, the weirdest part is how normal life still feels.I still drink cheap coffee.Still compare prices at the grocery store.

Still catch myself worrying about money sometimes even though, logically, I know I’m okay now.

The biggest change isn’t material. It’s psychological.For most of my adult life, I was trying to get ahead.

Now I spend more time thinking about how not to ruin something that already changed my future.

That shift feels stranger than the money itself.And trust me, I got a lot wrong before this.Sold winners too early.

Held garbage stocks way too long.Tried swing trading during volatile markets.

Panic sold during corrections more times than I’d like to admit.

PLTR and META just happened to be the few positions where I finally stayed patient long enough to let the story actually play out.

Curious how many people here are holding something right now that they genuinely believe could completely change their life over the next 5–10 years if they just leave it alone long enough.

https://preview.redd.it/nqx838t8ta2h1.png?width=1095&format=png&auto=webp&s=64cfa7af71599be0ed9e9e549ca3e81f21254639

I have to move things to next week early because I'm not around the next couple of days. Also this isn't a great week to do that as a lot of things are down significantly. But I'm going to try and maintain the 1%

Week 7: $573 on $53,800 invested
Week 8: $811 on $70,400 invested.
Week 9: $1093 on $103,450 invested
Week 10: $1040 on $97,400 invested
Week 11: $1077 on $102,800 invested.

I'll post this week's in the comments

last week's post:

https://www.reddit.com/r/TheRaceTo10Million/comments/1td415o/1_weekly_returns_from_options_week_11/?utm_source=share&utm_medium=mweb3x&utm_name=mweb3xcss&utm_term=1&utm_content=share_button

Something bigger is starting to form across global commodity markets.

The EU wants strategic stockpiles of critical minerals to reduce China reliance. Russia is reacting to growing Western involvement in Central Asian mineral development. Canada is supporting Arctic mining redevelopment projects. Hindustan Copper plans to boost output by nearly 30% because AI infrastructure and electrification are increasing demand.

At the same time, robotics may become an entirely new copper-consumption category. Some projections estimate humanoid robots alone could require roughly 1.6 million tonnes of copper annually by 2040.

This is not just a commodity cycle anymore. It is an infrastructure-security cycle.

Copper demand globally is already projected around 28 million metric tons in 2025, with some forecasts approaching 42 million metric tons by 2040. Supply gaps later in the next decade could reportedly exceed 10 million tonnes if exploration and mine development fail to accelerate.

That’s where exploration-stage companies start entering the discussion before shortages fully materialize.

NovaRed Mining (NRED / NREDF) controls the Wilmac Copper-Gold Project in British Columbia’s Quesnel porphyry belt. The project spans 16,078 hectares and sits around 10 km west of Hudbay’s Copper Mountain Mine, which reported Proven and Probable reserves of approximately 345 million tonnes grading 0.26% copper and 0.12 g/t gold.

NovaRed also expanded its district footprint through the Trojan-Condor Corridor addition, adding another 4,573.82 hectares with a path to earn 70% ownership.

Recent North Lamont geochemistry included 43 soil samples with copper values reaching 379 ppm, while a western cluster averaged approximately 209 ppm copper across nine samples above 150 ppm. The company also referenced porphyry fertility and oxidation indicators through Sr/Y and V/Sc analysis. Upcoming IP/AMT work could become important if geophysics confirms deeper intrusive targets.

The company’s AI-assisted MetalCore initiative adds another dimension. According to company-related summaries, MetalCore onboarding reportedly attracted 249 applicants shortly after launch, suggesting growing interest around AI-driven exploration workflows.

NovaRed also recently added Jacob Amsterdam to its advisory board to support ESG strategy, governance positioning, and responsible critical-minerals development.

That’s why NREDF feels timely. It connects directly to four themes currently accelerating at the same time: copper scarcity, AI infrastructure growth, Canadian critical-mineral strategy, and technology-assisted exploration.

Other companies tied to parts of the broader narrative include Kodiak Copper (KDK), Cascadia Minerals (CAM / CAMNF), and Hercules Metals (BIG / BADEF).

No guarantees obviously. NREDF is still early-stage and highly speculative. But the macro environment surrounding copper and critical minerals is becoming increasingly difficult for markets to ignore.

Hi guys.

I (23 M from Italy) managed to start investing and make around 1500 euros (with 2k invested) and I'm kinda happy with it.

But since it was kinda high risk, and I also know that stock picking is basically gambling, I was wondering what will be the best route to reach 100k.

ETF? Stock picking? Others?

I currently still live with my parents and I have a pretty stable job that allows me to safely invest 300€/monthly (looking forward to increase this number).

Any help will be appreciated and thanks for your time

Hey people i recently got a strange feeling that I am losing time and money for bullshit things and I came to conclusion that the best way to do is start investing and not fucking around. Do you think i am late I really want to have a good life in the future and not live month to month currently i am working but my income is not so high i have no savings and investments also dont have an investment plan. Do you think i can manage? Also little advice would be good from the people who has been in this journey.

NovaRed Mining (NRED / NREDF) is starting to look like one of the more unusual stories in the junior copper space because the numbers behind the rerating are already extreme even before a formal resource estimate exists.

Over roughly the last year, shares moved from around C$0.05 levels to more than C$2 at highs, translating into gains exceeding 3,000%. For a company still in the exploration stage, that kind of move usually only happens when the market believes there’s potential for something much larger developing underneath the surface narrative.

What’s notable is that the company isn’t relying on only one catalyst. The Wilmac copper-gold project covers 16,078 hectares in British Columbia’s Quesnel porphyry belt, located approximately 10 kilometres from Hudbay’s Copper Mountain Mine. In mining, proximity alone guarantees nothing, but markets consistently assign premium attention to projects located near established production infrastructure.

Then there’s the AI side. NovaRed has already discussed MetalCore and filed provisional intellectual-property protection tied to AI-assisted mineral exploration systems and blockchain-supported geological verification workflows. Most junior miners are still using traditional exploration messaging, while NovaRed is actively trying to position itself at the intersection of mining, data systems, and machine-learning-assisted targeting.

The latest Jake Amsterdam appointment adds another layer entirely. His background spans ESG advisory, anti-corruption strategy, international investigations, public-policy disputes, and stakeholder engagement. That matters because critical minerals are increasingly becoming geopolitical assets rather than simple commodity plays.

Another detail worth noticing is the advisory-board option structure. The company granted 90,000 incentive options exercisable at C$2.04 for two years. That means the strike price itself is already dramatically above where the company traded roughly a year ago, suggesting internal confidence in continued long-term appreciation potential.

Whether the valuation ultimately proves justified will depend on exploration success, but purely from a market-structure perspective, NovaRed is rapidly evolving from a standard exploration junior into a multi-theme speculative growth story tied to copper, AI infrastructure, ESG positioning, and North American critical-mineral security.

Yes, I never imagined I’d reach this milestone so early. I’m only 26, and my portfolio is now worth $350,000.

Not long ago, I knew nothing about investing. All my core trading logic and practical skills come from my father, who has been deeply involved in the markets for decades. He taught me all his battle-tested strategies step by step.

At first, my father gave me just $100,000 he simply wanted me to try trading and gain some real-world experience, without any grand expectations. I just followed the methods I’d learned, trading steadily and methodically, never taking any reckless risks.

But in just one year, my principal grew exponentially it’s simply unbelievable. Even now, it still feels like a dream. Such explosive returns were simply unbelievable. To me, it felt more like gambling than investing.

My father also warned me wealth accumulated quickly is never solid wealth. Money that comes easily often goes just as fast you can’t truly hold onto it. Only money deposited in a bank account is real wealth as long as you’re still trading you have nothing.

He told me to step back for a while, develop an investment strategy and pause my trading. He said I could use the money however I wanted. That was my first lesson in the market making money doesn’t mean you can keep it.

Right now, I’m both excited and anxious. Has anyone else experienced this kind of sudden windfall? How did you adjust your mindset and manage your assets wisely? My father told me I’d have to figure it all out on my own, so I’m feeling a bit lost right now.