This Is Not A Crypto Or Real Estate Post, But I've Made Tax Free Money!

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gualteramarelo1.2 K3 years ago4 min read

I was recently reviewing my networth, of which Real Estate and Business make up the majority of my holdings. In fact, I will share with you the high level of what that looks like:

My Personal Investment Portfolio

Now as impressive as this level of networth may seem to many of our new and young investors, it took me years to build my real estate portfolio and my real estate training company has been growing for the last 4 years. It actually started out as more of a passion project than an actual business. Stocks ironically are something I have invested in for nearly 20 years, but have clearly had no luck in until I started treating them the way I do real estate. As far as Crypto goes, I owe all of my success to @scaredycatguide and to this amazing Leofinance community for showing me the way!

Back To The Point Of This Post And The Main Image Above

I was reviewing one of my minor accounts that I only look at once per year when it's time to fund the account and choose an investment for it. I am talking about my ROTH IRA, which is a tax-free way to invest in the US.

Before I go further, I have to give a big thanks to @leoschein and @DarinaPogodina for encouraging me to create and fund a Roth IRA 2 years ago! For years I had ignored the Roth IRA because you could only contribute $6k per year and in my head, that would never be enough to make any kind of significant enough growth... PS, I don't offer any kind of advice around IRA's, just blown away by what I've been able to do with it.

Boy was I wrong!

Why is this account outperforming my other stock investments?

It's because my ROTH is made up of only 3 companies and they are the companies that I purchased as a Super High Risk with Massive Growth potential.

Now, this is NOT financial advice and I want to be clear that these investments, although extremely speculative were also very well researched.

I am blessed to have a powerful mastermind between @ScaredyCatGuide (Mitchell Jaworski) and @LeoSchein (Michael Schein) where we bounce investment ideas each week.

Many of you have seen the 100 Millionaires Podcast, which is normally a brief summary of the conversations we have on Wednesday mornings.

Getting Back To How It Started

2 years ago, we decided to dive into some tech, battery, AI, and other related penny stocks.

After much review, research, and following Mike's lead, I jumped into a battery storage company that was trading between .03 and. 04 cents. It reached .99 cents by the end of the market close today. 🤯

There were many times that I considered selling this investment because the gains have far exceeded my expectations, but I've always held it because I invested such a small dollar amount, to begin with. (Relative to me)

The second company was one of Mike's Favorites and I'm sure you can guess what it is (If you haven't caught our conversations on the podcast the answer is TESLA). I bought a few more shares today in the dip, lol

The Next Opportunity I Am Gambling On In My ROTH

The third, which I just funded my Roth with this year's contribution was Zillow. A company I have admired and even competed against over the years.

For a very long time, I regretted not investing in the Company, and when the stock tanked down to $70 per share I jumped in.

This week I saw the stock go as low as $46 per share and decided it was time to buy more, but decided to do it in my ROTH.

My Take-Aways From This Experience

Since I can't touch this money for the next 19 years, it really helps me with having a long-term perspective on companies that show massive growth potential.

YES, primarily my wealth has been built through Real Estate and Businesses, but I have also gained access to friends and masterminds, as well as increased cashflows from various streams.

I continue to learn more about alternative investments like stocks and Crypto.

Building AlchemistNation.com has put me in the unique position of having the best advisors in any investment class and thanks to them my wealth continues to grow effortlessly and I am able to bring their wisdom to our millionaire building platform!