About this Video

• Video Title: My EXACT Portfolio After 5 Years of Investing (How Much I’ve Gained)
• Channel: Austin Williams
• Speakers: Austin Williams
• Duration: 00:17:27

Introduction

This video details Austin Williams's investment portfolio after five years, highlighting his journey, mistakes, and lessons learned. He shares his portfolio breakdown (Roth IRA, 401k, brokerage account, and savings) and emphasizes the importance of investing early and consistently, even with a modest income.

Key Takeaways

• A $200,000 Mistake: Leaving $2,000 in a Roth IRA for nine years without investing it cost him significant potential gains due to the missed opportunity of compounding. This illustrates the importance of actively investing.
• Learning to Invest: He learned primarily through YouTube videos and the book "The Simple Path to Wealth," advocating for index fund investing for simplicity and long-term growth.
• Portfolio Breakdown: His $117,696 portfolio consists of a Roth IRA ($24,211.17), a 401k ($22,197.99), a brokerage account ($51,477.34), and savings ($20,000). The majority of his gains come from index funds.
• Importance of Savings: Maintaining a healthy savings account is crucial as a buffer during market downturns or emergencies.
• Aggressive Investing: He initially aggressively invested in the stock market before adopting a long-term index fund strategy.