Well ladies and gentlemen I have surpassed the first $100,000 in my 20s. Wealth building or compounding wealth has been something I've always been curious about since I was like 16 years old. Why are these people soo rich? (side note: I grew up with YouTube, created in 2005) In high school I used to watch old 480p YouTube videos on wealthy families, millionaires, & billionaires. Like think of this................I understand the basic concept of snowballing your wealth to $1,000,000 by age 60 before my Dad sat me down in front of the computer to guide me through doing my taxes for the very first time. Before I received my first tax return check. Hell before my first job interview. I think I heard the term dividend for the first between the age of 17 and 18 when I was watching documentary videos on wealthy families. 401k's and Index Funds was all I understood back then but I was always pursuing more and more information. Example: How does wealth work? So it may sound unbelievable but its all a true story. I remember like it was yesterday in the classroom watching a compound interest video on the first kindle fire tablet before the teacher walked in to start class. I was still your average normal teenage boy that loved playing call of duty or having sleep overs and staying up super late playing video games with friends but..........the curiosity was always floating in the back of my head. Scroll down to see the dividend breakdown.
Taxable Account
Total: $39.50
Roth IRA
Total: $130.46
Grand Total: $169.96
YOY: 44.97%
Purchases: 2 shares of (AAPL) ($320.08), 1 share of (INTU) ($394.27) & 2 shares of (MSCI) ($1,110.41)
Hope you enjoyed the quick update.
