Welcome to Smart Investment with ETF!
Welcome to my blog! I am a full-time investor, and over the years, I've experimented with various strategies to boost returns, including day trading, leveraged trading, rule-based systems, momentum chasing, chart-based trading, etc. I thought I was smart enough to figure out how to get rich quickly. However, things didn’t work out as planned - instead of getting rich quickly, I ended up a little poorer.
Then, I came across a conversation between Warren Buffett and Jeff Bezos, where Buffett reportedly said, “People don’t want to get rich slowly.. [so they choose to get poor quickly]." That struck me hard. I realized my failure was because I wanted shortcuts and didn’t stay patient through the process. Warren Buffett’s average annual return of around 20% may not sound spectacular at first, but as the second richest person in the world and one of the most respected investors, it’s clearly more than enough. In fact, it was sufficient for Berkshire Hathaway to generate approx. 4.5 million percent returns since 1965.
While achieving a consistent 20% annual return over a long period is incredibly challenging, the good news is that we don’t have to aim that high. For example, the S&P 500 has historically delivered an average annual return of about 10%. If we assume this trend continues, an investment of $57,300 in an S&P 500 ETF could grow to $1 million in 30 years. If you don’t have $57,300, you can start with a smaller amount and extend the investment period. For most people, this approach should be more than sufficient. So, I encourage every one of my readers to make smart investments to generate steady returns over a very long period of time. I also have another blog, Grow Rich Slowly (https://growrichslowlyinvesting.blogspot.com). Smart Investment with ETF provides practical information and knowledge on how to implement the grow-rich-slowly approach.
How My Blog Will Help You
My blog provides readers with essential knowledge and select portfolios for smart investments. I will show you how to structure actual investment portfolios, along with each portfolio's historical performance, including metrics like annual average returns, maximum drawdowns, and more. Rather than focusing on individual stocks, I will concentrate on ETFs (Exchange Traded Funds) to implement investment strategies. I believe this approach is a better way for average investors, like you and me, to achieve slow and steady returns, ultimately growing rich over time.