For me, the goal has always been the same, ever since I was 15 and was making my own money, how do I gain more financial freedom. Anshil is in an incredible position as a 24 year old. I wish I would have been more savy and had the platforms we have now, trading and investing in individual stocks wasnt as cost effective without robinhood.
A lot of friends have told me to invest in ETFs as it is a low risk method to capture an entire industry. Now, that completely makes sense, and there was a point where I had money invested in ETFs, but after a couple of months, I decided against it, and I'll tell you why.
Yes, you read that right. Over a period of 3 years, I regularly invested money with my Robinhood account. By my 3 year mark, I had put in $35k, and my account was $105k, a 200% return!! It started off when I received my first paycheck. After I covered my essential expenses, I had a good chunk left over. Week after week this started to add up, and I was happy with it. Soon, I started reading about investing, time value of money, savings accounts rates and other personal finance related things. At the time, I was also aware of Robinhood, so I downloaded the app.
Ever since I got my first job out of college in May 2017, I was ecstactic. I started working at a startup in Chicago, and really enjoyed it. It was great to do what I love (code), and get paid to do it. Along with that, I was learning a lot more in the real world, than from university. It was an extremely satisfying feeling to see money drop into my bank account on a regular basis. In my early days, I thought of my bank account like a high score, every month I wanted to see it going up; this is after including expenses. Essentially, my goal was to ensure my cash flow was constantly growing.