Mine was anything but Tesla since I was scared about the volatility in Tesla which was a mistake. I did some swing, day trades with hertz before bankruptcy and then some BA, WORK and currently many EV sector. I’m still in learning phase though with latest addition of your suggestion EWT.
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Didn’t realize AAPL went up so much in 2019. Thought year 2020 is up a lot (+80.7%) but is actually less than year 2019 (+86.2%) using closing price on Dec 31. A whopping 2-year increase of 235% 
I am not greedy, continue to gain +80% this year is enough, no need for +600% gain like TSLA.
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For the huge stock gains in 2020, tax bill will be huge as well. RE gain will continue to compound since people don’t sell houses often.
Any company has the potential to be the next big gainer like AAPL, TSLA?
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Not everybody trade 
My trading account is small, no big tax bill.
You didn’t mention from what market caps? So many candidates! TSLA is not that big a company… sudden jump then pause is common… The trillion dollar market cap group has 4 companies, AAPL AMZN MSFT GOOG
From those >$100B market cap companies…FB NFLX NVDA TSLA NVDA SHOP SQ… are obvious candidates to become trillion dollar companies… if not by fundamentals, by depreciating dollar because of those printing
Looking for a trillion dollar market cap companies from companies with less than $10B is the challenge! The reward is spectacular ofc… you only need ONE! Yes, talking about at least 100x Looking for 10x is passe’
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Thanks for the ideas. I would be more than happy to take 10x returns within 5-10 years! 10B company is fine as long as it has a great business model and won’t bankrupt.
- No wonder people make money in real estate and lose it in the stock market. They spend months choosing their houses, and minutes choosing their stocks.
Peter Lynch
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Is that really Peter Lynch’s quote? If so, he totally missed the point. Most people make more money in real estate because houses are less volatile so people can withstand the fluctuations to hold long term. Only exceptional people can hold stocks long term for outsize gains much greater than real estate.
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NW or just stock portfolio?
Almost every year, on Jan 1, @wuqijun loves to tell us…
Above is for 2020. His stock portfolio shot up a lot because of TSLA.
Well, when I go thru this exercise of tallying up all the accounts, I may as well add in RE and get a sense of NW.
I know that counting primary house as part of NW is frowned upon by many, but I feel in Bay Area, where the equity locked in primary makes up close to 40% of my NW, the circumstances are different. One has to view and treat a multi-million dollar house as an investment even if one is living in it
You’ve made it if your multi-million dollar primary home, after being paid in full, only consisted of a tiny fraction of your net worth.
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I have to repeat below statement since you’re relatively new to this forum.
NW should always include all your assets and hence include Primary.
HNWIs and UHNWIs defined by wealth management businesses always define NW as exclude Primary and collectibles because they want to con know how much money/ liquid asset they can cheat manage for you.
For most Singaporeans, Primary is at least 90% of their NW.
Tiny means less than 1%?
I side with the people who consider primary home a part of NW. If one were to sell the primary home and live in a rented apartment, would the money realized from the sale of primary not count towards the persons NW?
I don’t think I am on the track to “make it” in Silicon Valley as per your definition @wuqijun
As of now, the equity in my primary is about 40% of NW. Given that:
- over the long term (10+ years) RBA homes appreciate at about the same rate as the S&P 500.
- my stock portfolio pretty much consists of S&P and QQQ.
- I don’t get (nor have I got in the past) any stock options or RSUs from my employers
So, by the time I pay off my primary, I think I will probably still have about 40-50% of my NW locked into the primary. And that’s fine by me.
In 20 years, my RBA SFH (assuming I still own and live in it) is likely to be worth about $8-10M. If I have another $8-10M in stock portfolio, no mortgage payments to worry about, and am receiving some social security and pensions, I think that will be enough to live a reasonably comfortable middle class life in retirement.
On the other hand, if I end up moving to a cheaper place (either Bay Area exurbs or out of state), then my home equity would be a smaller fraction of NW.
@hanera and @erth - I do include my home equity in NW. Shocked by what you say regarding Singaporeans - that would mean they are house poor. That’s not a good thing
It depends on where you draw the line. But for me, I would be satisfied with 10% 
That’s the reason why you might not think you are on track. You need to be more aggressive and risk-taking here. Merely matching the indexes is obviously not going to cut it.
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I am trying to learn how to do that in a responsible way. This year, for the first time I have bought some crypto and some TQQQ. HODLing both, but it will be a rollercoaster for sure
House rich cash poor 
Most Singaporeans spend bulk of their pay for mortgage. Luckily other than car, everything is cheap. Americans didn’t know they are doing very well… full of complaints.
We know we are doing well and still complaining.
And they (disgruntled Americans) want to bring some kind of crony socialism/marxism from Cuba and Argentina to America.
So, I calculated and found that, including home equity, my NW increased by 7 figures in 2021. Maybe this is commonplace for many members of this Forum, but for me it is the first time.
I don’t feel any more prosperous than I did in 2020 - throughout 2021, lived in same house, drove the same cars, wore the same clothes, ate the same foods, and worked the same job. Received a 3% raise, as usual, in early 2021, and no more thereafter. Hopefully, will get a slightly higher raise in 2022, thanks to inflation.
So, not sure if this is a significant milestone or not, but those are the numbers for what they are worth…
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