Revealing My Son’s $100,000 Investment At Age 22!

My son has always finally agreed to reveal twice his entire stock and crypto portfolio.

The reason I wanted to share this with you is that it really shows what’s possible and all the different investment options available. You can then look at this, and maybe use it as a guide, or just compare it to your own portfolio.

My son is only 22 years old, and started investing in stocks and cryptos about two years ago, and he’s already grown a respectable portfolio.

As we go through all his investments, I’ll be giving my thoughts and opinions, which will hopefully be useful for you guys as well. But first, let me address something.

Of course, I’ve helped him out with some tips along the way, I just can’t help myself there, but I’ve never given him any money, and that may seem harsh, but it’s always been important to me, that he knows the value of money.

Also, as he’s agreed to share all his investments and let me roast him. So I’m here with him and he’s going to share with us the current value of his investment portfolio.

Let’s do it in U.S dollars cause that is the reserve currency of the world, and I think more people understand that. That does make sense, so the complete value of his investment portfolio is sitting around $105,000.

Obviously that does fluctuate a bit depending on how the stocks and the crypto are doing. So I think it’s best to start off with the safest investments that he has and then we move on to the more risky ones later.

Well, let’s start off with Index Funds and in his Vanguard stocks and shares, ISA, they’re currently worth $55,783. And these investments are kind of like those packs of cereals, you know the multi ones you can get.

If you don’t like one of them, it’s not a problem. You can throw it away because there’s gonna be a few packs in there. So if one of these companies doesn’t do great it doesn’t really matter, cause he has got a lot of different ones that can balance them out.

So why don’t you run through the different funds and how much you have in each one?

Right, so the first one I’ve got is a LifeStratagy a hundred percent equity accumulation fund. That’s a $5,946 in there and I think accumulation means like the dividends get reinvested or something like that.

Yeah, no dividends like a reward the company gives you for being a shareholder.

The second one I’ve got is a FTSE 100 Index Unit Trust Accumulation, a bit of a mouthful that is.

It certainly is. In that one, I’ve got $97 and there’s not too much in that.

And the next one I’ve got is a FTSE 100 ETF which I’ve got $1,650 and then this FTSE 100 is one of the top 100 companies in the UK. So I thought it showed that UK some love, invest in the UK because we’re from the UK, obviously.

Why not. — And then

I’ve got the S&P 500 the index ones you always banging on about, I mean, so in that one, I’ve got a considerably more amount than all the others, $41,730, yeah, so definitely a lot more than the others.

And then finally I’ve got a U.S Equity Index Fund-Accumulation. That is a bunch of like 5,000 of the U.S companies all in one fund. And I put $6358 in that.

There we go, those are my index funds.

You also mentioned you’ve got these in a ISA.

Yeah, I think that’s the best way to do it really. This is important because it has lots of tax advantages. It’s basically the UK equivalent.

There’s a rough hour rate, so all the gains my son makes a completely tax-free but he can only put a certain amount of money per year into these accounts because they’re so powerful.

I actually think you’ve got a nice mix down. I know you hear me all the time going on about my ideal strategy and that’s where I have the majority of my money.

If my son continues to max out his account each year and gets the normal 8% return over the next 10 years, he will have $420,000. And then even if he stops investing, leave the account another 20 years he’ll have $1.9 million tax free.

Wow, did you do all that in your head? Yeah, its easy when you know how. You’re the master.

I think my son has picked some really good funds there. So let’s move on to some of the more risky investments.

So although index funds sound great. Let’s be honest, they’re not very interesting are they?

So I’ve also got a free trade account. I trade individual stocks on, which is a lot more fun. This account is currently worth $16,290.

So take it away, what stocks have you got?

Well the first one is Nike and it’s worth $131. I didn’t actually buy this one though. I got it as a free stock.

So what else have you got?

Well, how much time have you got? It is that many? I have got a lot. So the next investment I have is in Pinterest for $136. And that’s up 11.81% so nearly 12%.

I don’t use the service though. No, nor do I, but I have seen your mum using it.

Okay, so definitely people use it and we’ve got some money in Neo, I’ve got $166 in there. That’s only at 119%, I just think it’s like Tesla in China.

Yeah and you can’t go wrong with electric cars at the moment, it is the future. Wish as well, because I thought it was going to pump. I’ve got $264 in there, it’s actually down five, over nearly 6%, Apple and $311.

And because I love Apple, I use their products all the time but that’s currently down but I don’t think it’s going to be down long term.

No I think Tax just down a little bit at the moment, so I think it’d be fine. Amazon $323, that’s down just a little bit. Oh, this investment, I was really excited about this.

I put some money in Peloton, $345. I saw they had some incidences with their treadmills thought the stock would be low. So I just pumped some money in there.

And it’s up six, 6.5%. And I want one myself.

All right, so this one, I put some money in AMC. I’m sure we’ve all heard about the AMC rally that happened recently, I’ve got $397 and now it’s up 13%. I just grabbed onto that last bit of the rally in there and it seems to be going well for me.

Okay, well, I wish you luck with that one.

I don’t hold a lot of hope for it though unfortunately. So you might want to cash out.

It’s definitely more of a short term investment. So yeah, I will cash out at some point. Square is an interesting one, I’ve seen them advertising on the TV all the time.

There’s really cool payment system. I’ve got $553 in there up 1%.

Yeah, that’s a cool investment. I’m in the retail space and they look to be gaining a lot of ground particularly in the UK at the moment, so another good investment.

This one, this is a bit of a weird one Tattooed Chef and it’s actually this a food brand. I think it’s frozen food, I don’t know too much about it.

I should have done more research, but I saw Meet Kevin and Jeremy on the Millennial Money podcast talking about it. And I thought, just put some money in and it’s up 9%.

So you following the crowd, something I say, don’t do?

It’s worked out for me this time.

Yes. Yeah.

I’ve got some money in Disney, I’ve got a $970 and it’s slightly up nearly 1% up. I liked the direction they’re going with their Disney+ services, it looks pretty cool.

Well, we both liked Disney, don’t we? And we particularly liked Star Wars. We loved The Mandalorian and then that really everything Disney is doing at the moment is great.

Well, I love Marvel, but you don’t like that.

I’m not into Marvel no I’d love to watch Marvel with you, but you just won’t sit down and watch a film of me.

Coinbase, let’s talk about Coinbase because this is probably the biggest investment mistake I’ve made.

I’ve got $2,590 in there, it was a lot more when I put it in it’s down nearly 30% because I went in when it went public and not a good idea.

Well, the trouble is, there was a lot of hype about this IPO and hype draws people in, so I think you were drawn in by the hype on that one.

Next we got Google, which is Alphabet. Obviously I’ve got $3,357 in there, that’s up nearly 5%. I just think people, when they think of Google they don’t think of YouTube and the amount of money YouTube makes. I think the stocks a bit undervalued personally.

Well, I know we like watching a lot of YouTube together and I think the potential of YouTube is absolutely huge.

Yeah, I think it’s definitely gonna be TV long-term because it’s just got so much more personal interaction. really.

I don’t think just long-term. I think it’s starting to be TV now. I know you didn’t think I’d ever say that.

So let’s come to my last investment now. It’s actually my biggest one and it’s in Tesla for $5,903 is currently down, but the reason I invested in this is because I have a Tesla the Tesla Model 3, and I love it.

Best car I’ve ever had, it’s the only luxury thing I’ve ever wanted to buy really. So if I’m gonna buy the car I might as well put money in the stock.

And you have been pretty frugal with your money. And I definitely say is the only luxury item you’ve ever bought and I think it’s a good one to invest in.

So if I’m prepared to spend money on a Tesla. I think hopefully they have a lot more customers as well in the future.

So you’re very heavily invested into tech stocks. It might be a good idea really to switch you up a bit and invest in other sectors like entertainment, finance food and drink, and consumer goods as a cyber attack could actually wipe out a lot of your investments.

Saying this, I do think the Tesla is a bit like an Index Fund because they have so many different revenue sources such as their robotaxis coming soon.

Battery technology, crypto investments, renewable energies and battery developments just to name a few, got a bit excited about this.

Well, I like Tesla, the only big thing I would say is why are you investing in this account when you could be putting into the Index Fund that you have, and you could be saving all that tax because let’s face it.

You’re going to have to pay tax on these gains otherwise.

We’ll like I said I wanted a bit of fun. Maybe get into some meme investing and just invest in companies, I actually believe in like Tesla because I think the profits are going to be so much greater than an Index Fund.

There are no big mistakes that I can see here other than the Coinbase investment. I actually thought they were overvalued at the IPO. So I refuse to buy, even though I liked using the app.

All right, stop gloating, I know I got pulled in by it. I always said I don’t like how the value is extremely tied to Bitcoin which is therefore riskier, but over the long term I think you’ll come out ahead talking to crypto.

I think it’s time we got into it that.

Okay. Let’s do it. Let’s do it.

Okay, well currently my block fire account is worth $27,756 and I also love this account because I get 5% interest on my Bitcoin, which is obviously a big bonus.

I also hold my crypto and block fires. I believe my money should always be making some kind of interest and it’s a lot better than not 0.5% of my bank gives me, so crypto’s great for those fast, quick returns, but also very risky.

So what coins do you have?

Well, I’ve got obviously the big boy Bitcoin most in that one $24,299, I’ve also got Ethereum because I’ve really, I think it’s quite cool. I think it’s the future, I’ve got $3,216 in that.

ChainLink I put $115 in there and litecoin, I’ve got $125. I thought it was worth a pump.

Well, I think you’ve picked some particularly good coins there, but it’s a lot more than the 5% that I would allocate.

So why are you taking so much risk?

I’m not as old as you, I’m young. I can take the risk. Thanks for that. And I don’t see it as massively risky coins even. They’re pretty big coins, sometimes, I think you have to take a bit of risk to experience those extreme gains.

That’s fair enough, but have you considered putting 60% into Bitcoin and 40% into Ethereum, because if it’s a flipping and it happens that Ethereum becomes the number one cryptocurrency, you’ll be in the prime seat.

You know, well, that’s actually a pretty good suggestion because I do like Ethereum and I should definitely own a bit more of it. So what coins do you think are risky?

Well, I don’t necessarily think they’re risky but they are riskier than the other ones and I’ve got them on Binance.

So those are currently worth $5,697. I have to admit a big chunk of that is Bitcoin because I haven’t had a chance to transfer that to block fire yet but the other three are considerably more risky clients.

I’ve got Cardano, which I got $2,411 in. I’ve got Polkadot, which I have $779 in. And finally ended off with a bit of Dogecoin. I’ve got a $791 in that, it’s kind of like my ticket to the moon, If Ilan chooses to bump it again, there are some other coins in this account, but it’s such small amounts, we just might as well ignore them, adding up these coins.

It’s about under 5% of my portfolio that I would consider in a really risky area.

From an older perspective outside, say that you’ve got about 30% of your investments at high risk but I can see the logic in it.

You’re young and if something should go wrong, you’ve got time to get over it. Now can see that you’re not invested in any real estate and you’re invested heavily in what we call paper assets. So this is the only big hole that I see in your strategy.

So when will you get into it?

I think Next year, cause I’m currently saving up for a deposit. I just don’t want to liquidate any of my portfolio. And my long-term investments.

So you might be moving out happy days.

Or no, actually the plan is to buy a house to rent out first, it’s much cheaper living here.

That just shows you what’s possible at 22 years old.

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