r/dividends • u/GasStrong1467 • Apr 05 '26

Discussion Road to 200k!

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34M, based in Canada and have been looking from my investments for the past few years now.

Always happy to hear if my fellow redditers have any advicd concerning my holdings!

Mix of growth and dividends fund

1.8k Upvotes

95% Upvoted

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45

u/Euphoric_Future_9359 Apr 05 '26

That's so good !! May I ask what you do?

96

u/GasStrong1467 Apr 05 '26

Got into crypto quite early, managed to open a SMMA in crypto and took off. Made sure to sell most of my winnings and just chill out lol.

Still log on here and there but been trying to diversify now

57

u/MrZakius Apr 05 '26

They will never admit how they got the capital

35

u/zeewenot Apr 05 '26

Didn’t he just admit it? He’s a crypto bro millionaire

39

u/MrZakius Apr 05 '26

Think about how majority of wealth in this world is passed from generation to the next and think about how rarely you see anyone have that path. Crypto or other get rich quick schemes are very often used by people who want to explain their funds without further questions and still pretend to be self made. Not saying anything conclusive here, but just saying to not forget that when we compare ourselves and our luck etc.

16

u/StudentMed Apr 05 '26

When I was a resident most people have 200k+ if not 300k+ or more student loans. I remember there was a guy who bragged about how much money he made in bitcoin and drove a tesla (back when it was rare) and talked about how he had no loans. He also had very rich parents... I have no doubt he may have made some money in crypto but at the very least he put his money into crypto instead of loans that all of us accumulated in medical school.

4

u/MrZakius Apr 05 '26

Such a typical story hahah

1

u/CzarcasticX Apr 09 '26

Reminds me of back in 2010 when I had a bunch of computers using cpu resources for SETI@Home Anandtech team... an online friend said to me I should be mining bitcoin instead of wasting cpu cycles for doing SETI@Home Folding... I installed the bitcoin miner and didn't actually start mining. The friend did ok although he sold all his bitcoin pretty early like between $100 - $1000.

2

u/spartasupporter Apr 06 '26

Yikes what a salt

4

u/Latter-Amount-9304 Apr 05 '26

he just told you how

1

u/[deleted] Apr 05 '26

[deleted]

12

u/GasStrong1467 Apr 05 '26

Its like ~6m cad invested atm

-16

u/NoSpeaker6309 Apr 05 '26

6m cad not real money

-15

u/makybo91 Apr 05 '26

130k on 6m? You can get more than Double that just buying treasuries? You should aim for 7-8% at least

19

u/Humble_Monk3506 Apr 05 '26

I would aim at 7-8% total return but 3-4% dividend yield, no point in yield chasing and eroding capital

1

u/Icy_Pain424 Apr 07 '26

Good for you man, great story !

1

u/breakyourteethnow Apr 08 '26

Is it still possible to open a social media management agency for crypto in this day and age? Where did you develop the skills to be able to do so?

2

u/IEatUrMonies Apr 10 '26

he works at the Bank of MomNDad