This video and blog post shows you how I started and funded a new growth portfolio that is already up 50% in weeks. If you are a beginner investor or thinking about investing, this video shows you how easy it was to start investing and make money. Getting your money to work for you is what it’s all about. Of course, this could have also immediately tanked and gone the other direction since, after all, these are growth companies, and this is a long-distance race. But we’ll be investing in this growth portfolio for the long term, which means at least a year but more like 5, 10, or longer. So don’t worry about the volatility now. Just pace yourself for 2025 or 2030.
New Growth Portfolio
At the beginning of this month, on October 8th, 2021, I started a new M1 Finance growth portfolio. After creating and funding a $25 a week dividend portfolio, I started seeing a few other YouTubers saying dividend portfolios aren’t as good as growth portfolios. Of course, I invest in other growth companies elsewhere but not on a public level with this community. We’ve only been talking about dividends to make passive income and have multiple streams of income because of the monthly or quarterly dividend payouts. So with the market pretty much ready to take off again now that the holiday season is almost here (and maybe I’m wrong), I especially thought this was the perfect time to start this new growth portfolio.
As you will see from the start of the video, this portfolio was actually up over 90% when I first recorded the update on Monday, October 25th. About a week or two ago, when Chargepoint was the only stock in this portfolio, it crawled up to about 5%, which was a fantastic start. But the real magic happened this week on Monday, October 25th, about six days after I invested more money and added six more companies to our portfolio, including Bakkt Holdings, NVIDIA Coinbase Global, Palantir Technologies, DraftKings, and Fuelcell Energy.
Moving forward, I need to decide how much money and how frequently I will contribute to this growth portfolio, and I also might add up to 3 more companies. So if you have any suggestions, please feel free to comment down below or on YouTube. And if you are interested in starting your M1 Finance growth portfolio, don’t forget to use my link here to get $30 for free!
And if you are investing with M1 Finance you should consider upgrading to their Plus plan. Here’s a video explaining what M1 Finance Plus is and how to upgrade.
