He Grew His Portfolio From $500,000 to Over $1 Million by Buying Every Crash for Two Decades
3 min read · RealCase summary
A 41-year-old Reddit investor who'd left regular employment years earlier to start a business described turning roughly $500,000 into more than $1 million by deploying cash at market bottoms.
He'd liquidated his holdings at one point, then reinvested during the 2008 crash -- the move he credits as the turning point: "that $500k became $1m+." He later sold rental properties at the end of 2019, held the cash, and reinvested again near the bottom of the COVID crash.
His major holdings include AMD (bought around $8, later around $111), Nvidia, Broadcom, and Texas Roadhouse (bought around $35, later around $170), plus positions in Nike, Kinsale Capital, Match Group, and Zscaler. Dividend income now runs roughly $100,000 a year. "Investing is slow," he wrote. "It is a much better investment to hone a very good career or learn skills that are marketable and open a business or get a really good job." He acknowledged "lifestyle creep is real," but says the goal throughout has been freedom, not just returns.
Key takeaways
- ›Spent more than 20 years investing, treating the 2008 and 2020 crashes as buying opportunities rather than reasons to sell
- ›Bought AMD near $8 a share and added Nvidia and Broadcom positions before their multi-year runs
- ›Grew the portfolio from $500,000 to over $1 million, now generating roughly $100,000 a year in dividend income
Original source
Read the original (Yahoo Finance)
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