My Million Dollar Investment Portfolio at 28 - How I Invest

About this video

Sean says he became a self-made millionaire at 26 by building an Amazon KDP publishing business to multiple six figures a year and selling it for $820,000, then investing the proceeds simply rather than trading. He says the best first investment is a cash-generating business, before stocks, real estate or crypto. He describes early real estate flipping foreclosed land in Hawaii for 2-3x, adding a tiny house on one lot, and selling properties on 4-12 year installment plans; he says he is still owed about $60,000, owns a $200,000 single-family rental bringing about $1,600/month, and gets about $4,000-$6,000/month total from real estate, with about $260,000 in real estate value. Crypto is capped at about 5% — about $38,000 in Bitcoin and Ethereum only — which he calls more conservative and warns altcoin trading is gambling and a time drain. Most money is now in broad S&P 500 / total-market index funds, bought weekly and held long-term: he shows Acorns $7,058, Fidelity about $60,000, Vanguard Roth IRA $34,000, solo 401(k) $76,000, and M1 Finance $509,000, favouring VTI for the US and VXUS internationally. Adding real estate, crypto and stocks he puts invested wealth at about $980,000 with the rest in cash, and says he lives on about $2,000/month in Phuket, Thailand. This is presented as his approach, not financial advice.

Key takeaways

• Invest first in a cash-generating business, then put profits into passive assets, per Sean’s model
• He claims he sold his KDP business for $820,000 after building it to multiple six figures a year
• Real estate gave him installment and rental income but he stopped because it took too much time from his business
• He limits crypto to about 5% of his portfolio, Bitcoin and Ethereum only, and avoids altcoin trading
• His stock strategy is weekly buying of broad index funds such as VTI and VXUS and holding for 20+ years

Episode details: published May 22, 2023 · 12:52 long. Summary written by Self Growth Videos from the episode itself. Business results and any income figures mentioned are Sean Dollwet’s own claims, shared for education — they are not typical or guaranteed.

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