How would I do it all over again?

$50k to $1M+

I’ve been thinking a lot about how I would get to $1M+ again from only $50k and this isn’t the definite answer to that problem but it’s one possible solution that I believe balances risk and reward which is imperative when pushing for the “extreme” gains needed to 20X+. My own path in principal wasn’t too dissimilar but I’ve never really formalized it into any sort of system (nor do I plan to).

The difficulty with such a lofty goal (outperforming virtually every professional money manager by many orders of magnitude) is that you need to employ some form of leverage without wiping yourself out. You aren’t likely to get there with stocks alone unless you’re playing with microcaps and you have a particular edge there.

So let’s dig into how I would pull this off again in a smarter, more structured manner (frankly I’m going to take my own advice going forward here until I have a better strategy!).