Changing My Investing Strategy | More Money Less Work

It’s kind of crazy how much my investment strategy has changed over the years, and the scary part it it’s that it supposed to be passive and for long term. But I do realize that the changes I’ve made which by the way I’ve changed my portfolio about 3 times including this time, have all been making my portfolio a lot of more simple and making me a lot more money.

So, three main changes have happened, first I switch brokerages, second I switch portfolios and third I switch investing money distribution (and in this video, I’m going to explain all of it)

😎Call Me😎: https://bit.ly/30IBr0i

😎Second Channel😎: https://bit.ly/3c4sVPS

👨🏽‍💻Financial Freedom Course👨🏽‍💻$100 OFF CODE: LONGTERM
Link: https://longtermteam.teachable.com/p/financial-freedom-steps-from-nothing-to-freedom

💰MY M1 FINANCE PORTFOLIO💰 PLUS $10
Link: https://m1.finance/37SHd4241z-N

1. Brokerages

-My first broker was ETrade that’s how you know I’ve been doing this for a while, then I changed over to Robinhood and then from robin hood over to acorns and then from acorns over to m1 finance which is where we’ve been for a while now

-However, this week officially I’ve put in a request to transfer all my assets over to vanguard

Here is why:

-I love m1 its simple and easy to use

-However I live in Puerto rico and they don’t allow me to change my address and for tax purpose that might be an issue

-And m1 is app that’s very recent and vanguard has been around forever now, and they can improve their platform but overall, I feel safer over at vanguard with the funds that will fund my retirement

2. Portfolio

-My first portfolio was 80/20 second 100% with 5 types of etfs and third 100% with just 1 etf

-The reason is simple, once you become a master, you can skip certain steps to make things a lot more simple

-I’ve built confidence in myself and these portfolio over the last 3-4 years

So the idea is simple:

-Over the next lifetime if nothing crazy happens like American not being America

-I will be investing just into the s&p because I believe America will be better tomorrow than it is today

3. 90-10 rule

-So, I’ve been cooking this plan to invest 80% of my money into individual stocks and 20% in the boring stuff

-But I got humbled the other day after reading some interest facts

-Warren Buffet had to wait to go through college with Graham Stephen, Charlie Munger had to wait to build up a good cash reserve and peter lynch always says have your house in order before you start this business

So I’ve decided to do 90-10

-Invest 90% into the boring and 10% in the ndvidual stuff over the next

-This means if it takes 4 more use to learn this art and to prove to myself and my family that I’m able to do this then I will about 50 years to continue

My goal is to have NetWorth of 1M by the time I hit 30

* PRO TIP*
INFORMATION IS EVERYTHING
💲1 on 1 Talk + My Budget + Stock Investments💲
https://www.patreon.com/tommybryson

👕Merch👕
https://teespring.com/stores/tommybryson

✅2 FREE AUDIOBOOKS✅
https://amzn.to/2Enayo8¬¬¬

💰M1 FINANCE $10💰
https://m1.finance/37SHd4241z-N

🎁ACORN FREE $5🎁
Link: https://acorns.com/invite/38EYSU

⚡FREE KINDLE UNLIMITED⚡ (traditional reading)
Link: https://amzn.to/2VGbxt9

👨🏽‍💻DISCORD PRIVATE GROUP👨🏽‍💻
https://discord.gg/EcZEHpA

My Camera Gear: https://www.amazon.com/shop/tommybryson

✔ Help Us Reach 500,000 Subscribers: https://goo.gl/0wvm6w

😎All My Social Media😎
Link: https://linktr.ee/tommybryson

*Some of the links and other products that appear on this video are from companies in which Tommy Bryson will earn an affiliate commission or referral bonus. Tommy Bryson is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. I’m an Accountant but I’m not your Accountant, always review information with your Accountant/CPA and your Financial Advisor.

source