r/TheRaceTo1Million

Followed most of your advice, un-diversified, allocated more to ETFs (I still buy some stocks I believe in)

About 1€ sell fees I do not mind, for I know I will invest hundreds on each

Note that I cannot buy VOO or SPY

Is this good enough now?

21M. Pretax income total is about $10,000 per month. I have 3 different jobs, all with 3 different retirement systems, because they’re all government jobs I have their built in contributions as well and then my fidelity account I contribute $100 per month to. I wasn’t able to add TSP(my Air Force reserve retirement) but I contribute my monthly drill pay to it per month so about $450 per month and the balance is around $2,000. I also have a Robinhood Roth that I’ve only contributed $5 to. What can I do better?

Been trading options and using margin to buy shares on quick plays, up 300% in the last month or so. Mostly moving my profit to hold longer terms shares, any thoughts?

I lucked out with a good amount of money from a settlement, i am constantly feeling guilty about letting my money sit around (immigrant parents suggested buying gold, which at the time was exploding and maybe i shouldn’t have done that; thats where the losses are from)

I have minor experience in investing (as you can tell lol)

I know i shouldn’t have used the non registered acc (save your panics)

I just opened my FHSA acc and i was looking to maximize this year’s room.

Should i go all in into XEQT? Should i diversify? Should i buy something with it and split? 80%-20%? Etc…..

Please any advice from someone with experience would help! Still young and i feel like this amount gives me an advantage and i dont want to miss that.

Not expecting it to blow up, but thanks a lot in advance!!🥹

Note; 8K from the checking account is going towards student loans.

For context I already have about 1.23k, 400 of which is on a French PEA (tax-free in 2031)

Bought some NVidia in March @ 155€ and s&p500 @ 107€

I own some random shares and also used to see my 80% performance on Oracle for a while but didn't sell alas.

Is my saving plan of 4x125 any good? And is my overall approach good? I know for sure that I own way too much stocks compared to ETFs but hey, I ain't selling those till they go way up, am never selling nvidia, and am planning on doing 80-90% ETFs from now on.

I'd love to see your thoughts :)

PS my goal is to invest about 200 each month the moment I finish studies (in 4 years) and get a job + working ench summer would result in at least 1000€ invested directly into the tax-free PEA

I’m 29, making about $6500/month, and my goal is to be financially independent and retire by 40.
Current financial picture:
$252k in an inherited Fidelity 401(k)
$61k in my personal 401(k)
About $164k in an IRA
$40k in savings
$27k in debt
The inherited account can’t be withdrawn until I’m 30, but I can transfer or reallocate the investments.
If you were in my position, what would your game plan be over the next 10–11 years? Would you leave the investments mostly as they are, diversify more, or knock out the debt first?
I’m also wondering when it makes sense to start building a taxable brokerage account alongside my retirement accounts. Should I focus on maxing my tax-advantaged accounts first, or start putting a percentage into a taxable brokerage now? If so, what percentage would you recommend?
I’d especially like to hear from people who’ve built a $200k+ portfolio or reached (or are close to) financial independence. Looking back, what would you have done differently if you were starting from where I am?

Hey everyone, I know there are people here who are well further along than I am, and I just was looking to see if anyone had any tips, advice, or suggestions regarding reaching this milestone.

For some context, I also have positive equity in my townhome, and my wife and I both own our fairly new vehicles outright, (Hers is 2024, mine is 2023).

Net worth wise, we’re closer to $275k ballpark.

I max out my Roth IRA every year, and due to being self employed, do not have a 401k. I invest the rest into $VOO, and between 5-10% in smaller companies that I believe will be a big deal in the next 10 years.

Any and all advice is welcome. Please share your wisdom with me as I try to speed-run my first million!

I’m 31F working in B2B sales with a monthly contribution amount of $7,000-$8,000 that goes into my RRSP, TFSA and non-registered accounts. This doesn’t include commissions I also make and add to this figure each month. I’m invested in VGRO and XEQT. I have a rental property and the rental income also feeds into that contribution amount. My goal is to hit $1mil by 35 and retire early and live off a 4% portfolio drawdown. Based on my location of choice, this seems feasible. Once I hit about -$850k, I plan to sell the rental property to reach my target goal. I’d appreciate any thoughts and guidance on how to solidify this plan and perhaps get there sooner. Thank you.

I'm 33 and it took me 11 good years to get here. My goal is to retire at 5 mill and hopefully I achieve it by the time I'm 50.

At once point I was at $1.18M. So I lost almost $140K during this bloodbath

I j got rid of dram and nasa out of this j because there expense ratio is so high. But this week added 10 more shares of oracle since it was discounted, added 22 shares of nokia since it was under $12 after i’m fully out of dram and nasa probably gonna add space x when it goes under $135. also this is j my longs not my entire portfolio right now im like 55% plus of all my money in my longs.

Hey guys, I’m 24 (turning 25 soon), and for the past few years I’ve been fully focused on one goal: becoming a millionaire in my early 30s.

I save and invest a large portion of my income, and I’m fortunate to have a well-paying job for my age. So far, I’ve accumulated around $312,000 in savings and investments.
I’m starting to really see the snowball effect of investing, which motivates me to invest as much as possible. For about the past year, I’ve also been looking into buying a triplex or fourplex to get my foot into real estate.

My question is: if you were in my position, what would you do to reach this goal as quickly as possible?

Also, based on where I am today, do you think reaching a $1 million net worth in my early 30s is a realistic goal?

Thanks in advance for any advice or experiences you can share!

I sold off a portion of my business last year. In October of 2025 I dumped all the $ from the proceeds into tech. It’s been a fun ride. Can’t wait to see where i’m at in October 26!