How To Grow A $1 Million Portfolio

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most investors would love to have a million dollar portfolio investments that are so large that just the gains in your portfolio every year amount to over one hundred thousand dollars

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you could make just by your portfolio alone enough money every single year to pay for most of your expenses and in fact if you keep compounding past a million dollars the compounding becomes easier every subsequent year you make more and more money just by the weight of your

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already invested capital alone getting

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to a million dollars can seem incredibly intimidating it can seem daunting in fact many investors can say it's almost impossible unless you're a youtube or unless you have some super high paying job and that's just not the case

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many people overlook how accomplishable it is and instead of focusing on the realistic steps to get there they get lost with distractions

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getting to a million dollars invested is something that everyone can do but it requires a lot of work a lot of discipline and it requires a lot of good decisions having a basic framework or a game plan to get there is important and in

Joseph Carlson (Founder) 01:03.910

this episode as we're looking into twenty twenty six and we're wrapping up twenty twenty five i thought it would be a good time to look over my blueprint of how to grow a portfolio to one million dollars

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this is what i've looked at with the combination of years of experience doing so myself and looking at thousands of other investors so in today's episode we're going to be going over my blueprint of how to grow your portfolio no matter where it is today to a million dollars and

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doing so quickly and predictably this isn't long it's only a few basic principles

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now we also have some news to get to as well that will be addressing in this episode for example waymo had a bit of a speed bump the power went out in san francisco which is nothing new but this time it took down the way most service creating lots of headaches traffic jams so

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we'll be going over this

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news and then we also have our fail of the week this time we look to wall street bets which is a bit unfair because in wall street bets there's like a fail of the week every single day but this one deserves to be high because this individual sold a home took the proceeds of the

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home invested it in the stock market used options and lost all the money without even paying taxes on the home sale

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so now they owe one hundred and seventy nine thousand dollars to the IRS and taxes a hundred thousand dollars to creditors and they're pointing the blame at ADHD we'll be looking over this epic fail in this episode so

Joseph Carlson (Founder) 02:25.190

we have a ton to get to in this episode and we start things off with looking at how to get to a million dollar portfolio now i know for many people you're going to believe that it's it's very difficult to do right it seems almost impossible especially if you're at like fifty

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thousand dollars or seventy five thousand dollars and i've known that feeling before

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getting to a million dollars feels very daunting and for many of you i know the feeling it feels like you'll never get there it seems very daunting very difficult especially if you're just getting started and that's completely normal

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but my promises every single person can get to that point if you apply the right steps if you have a good disciplined approach now there's more than one ways to get to a million dollar portfolio but this is the way that i think is the best based off of all the analysis i've done

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based off of my own experience and based off of dealing with literally tens of thousands of investors

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i run a community that has over ten thousand investors in it i know people 's net worth because we have net worth clubs so lots of people submit they show me their progress they show me their both all of us are sharing different progress and landmarks with each other and

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overlooking at all these different people communicating with so many different people i have first hand experience seeing what makes people get to the next step seeing what makes people go from twenty five thousand to fifty to a hundred to five hundred to a million and beyond

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while a million dollars certainly isn't what it was like twenty years ago a million dollars isn't like an infinite amount of money but it is enough where compounding becomes very easy after a million

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the reason it's so much easier to invest in compound when you're above a million dollars is because of the way that compounding works the more money you have the bigger the baseline and the more total value you gain on incremental compounding

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for example if my portfolio overall at one point three five million compounds at a rate of ten to fifteen percent that ten to fifteen percent will add up to one hundred and fifty to two hundred thousand dollars per year pure net gains from the portfolio every single year with a

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very return rate

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then next year's compounding will be even greater because the baseline was bigger from the previous year so the gains that you make compounding grow exponentially it's the seventh wonder of the world it's something that's incredible

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but it takes a lot of work to get to that point where you really start to feel the effects of compounding and this is what i want to go over

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we'll start off with step one of my blueprint of how to grow a million dollars and this one is very straightforward the most important metric isn't your portfolio return it's the gap between your income and your expenses now