So for a bit of context, I put a fixed portion of my salary each month into S&P, Total World and a bunch of blue chip stocks such as Microsoft, JPM, BRK, Amazon each month. I built this “portfolio” 4 years ago and am up 30% or so, the reason for the “perceived” underperformance is that I’ve increased my monthly contributions since last year which has led to a large rise in average cost basis. I’m hoping to cross the 100k mark in the next 12 months if the current trajectory continues.
While I recognize that investing is a long-term game, the process feels slow at times. I'm curious to hear from others who have pursued a similar passive investing strategy.
How long did it take for your portfolio to reach a point where the annual passive income matched or exceeded your annual salary? When did you feel comfortable enough with your portfolio's performance and size to consider retiring or achieving financial independence. Specifically, how long did it take before you felt your portfolio could sustain your lifestyle without the need for additional income from employment?
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