Ok, I know this topic is quite catchy and interesting so before I start I would like to give a caveat that this topic is not for everybody. Well it happened to my friend but it doesn’t necessarily mean that it will always happen.
So what am I talking about? You might be thinking, “I thought this blog post is about retirement.” Yes, it is. But before I get into the meat of the details, allow me to give you a brief background on my friend and how we met. I met this friend in one the seminars I have attended about investments. This seminar was a 4 meeting seminar that is why I got the chance to know him better. Well, it was quiet usual at first that we get to know each other’s name and give a little bit of background on ourselves. Along the way I learned that he is a stock market investor and during those times were my days of euphoria in stocks. I immediately began asking him questions and later on found out that he was able to retire recently just because of his stock market investments. He is also living already on passive income and just waits for dividends from his investments. On top of that he told me that he had just invested in stocks back in 2009 and that was just about a year ago when we met. Having learned about all of this, I immediately asked him about his portfolio, how he did it and his investment strategy. His answer to me was simple, he used “geometric progression”. Geometric what? So I continued to ask him until I get the whole picture. So what was it that he did right that made him retire in less than 3 years. He only did 3 simple things and I will discuss each of those in my next blog posts.
PS: By the way, the last time I talked to him, he told me that his portfolio had already grew to $1,000,000. You might want to look again..Yes that is a “$” sign. So are you excited to find out how he did it?
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