So the idea for the $50,000 Experiment arose after watching nearly $20,000 vaporize out my 401(k) account in 2022-March. In balancing life and work, I’ve been less focused on the $1 Million dollar journey. After watching $20k vaporize, now emerges as the time to retake the wheel and sharpen up my skills.
As a baseline, the account values are below. The simply strategy uses a modified Dow Jones Trend following technique. More to follow in future posts.
Account Baselines as of 2022-May (2022-05-09):
Account #1 — Margin –> $20,488
Account #2 — Roth IRA –> $7,376
Account #3 — 401(k) –> ~$275,000
Account Balances as of 2022-May (2022-05-10):
Account #1 — Margin –> $70,488
Account #2 — Roth IRA –> $7,376
Account #3 — 401(k) –> ~$225,000
Wish me luck as the goal grows the Margin Account !!!
-Jimmy
