How I became a millionaire in 1 year – my net worth at 32
► Where I Buy Bitcoin: https://gemini.sjv.io/1E3dz
► Get up to a $250 in Digital Currency: https://blockfi.com/andrei
► How I Protect My Bitcoin: https://shop.ledger.com/pages/ledger-nano-x?r=535643c13ab0
► My Stock Portfolio + Stock Tracker: https://www.patreon.com/andreijikh
► Deposit $100 and get 2 stocks valued up to $1600): https://act.webull.com/kol-us/share.html?hl=en&inviteCode=QhhB1aDNwEDP
► ROBINHOOD (Get 1 Stock When You Sign Up): https://robinhood.c3me6x.net/c/1980551/671816/10402
► Open A Roth IRA: https://m1finance.8bxp97.net/c/1980551/696710/10646
► Follow Me On Instagram: https://www.instagram.com/andreijikh/
My PO Box:
Andrei Jikh
4132 S. Rainbow Blvd # 270
Las Vegas, NV 89103
I became a millionaire in one year, all it took was a small loan of a million dollars from my father. I’m kidding that’s now how it happened. I made a video about how to become a millionaire in one year (my plan), and now it’s about 1 year later and I want to give you an update. Getting to a million took developing good habits early on, and following them consistently by living below your means, saving money, and investing it. Let’s break down my net worth and invested assets into 3 categories.
1. Cryptocurrency
The first one is my cryptocurrency investments which I hold in BlockFi, and here it is – the total balance in my BlockFi account is roughly $438,457. I’ve talked about them before but an incredibly powerful savings account for your cryptocurrency. You can hold different currencies and depending on which ones you deposit, your savings rate will go up and down. For example if you deposit something like USDC which is a stable coin from coinbase, a big crypto broker, you’ll get their maximum rate of 8.6%. They make money by taking our savings, and using them to lend out your money with high interest rates, and in return for keeping your money with them, they pay out a high interest rate and they keep the difference between the money they lend out, and they money they pay us. My bitcoin and ethereum holdings have been my best investments this year.
2. Stock Market
I have 3 main accounts in the stock market, my retirement account with M1 Finance, my trading account (which I don’t use often) with WeBull, and my main account which has all my dividend stocks which is Robinhood. It’s worth roughly $282,457 which is nice, but it’s not as nice as the $7,638 I made in 2020 from just holding on to the stocks I have anyway, which I then reinvested back into the portfolio and it’s grown a lot because energy stocks have been crushing it. I try to invest like a contrarian by buying what people think is unpopular which is why my energy stocks have performed extremely well these last few months.
3. Cash
The total amount I have in all my banks across all my accounts is 1,428,000. The reason I have so much cash is becauseI’m about to pay a huge tax bill, and I’m trying to buy real estate. Since I can’t get financing – I have to buy it in cash. But for now, this brings my total net worth to $2,195,457 – not counting this months income which is going to be one of the highest incomes I’ve ever had so that number might be closer to 2.4 million.
Treat your income not like your true income. Instead, It’s the passive income that is the real number, which is why I still live way below my means. My true income at this point is not very high but I’m working on it every single day. Even though I’ve made a substantial amount of money with YouTube in 2020, I don’t buy fancy stuff, instead I continue to reinvest it so that the Andrei Jikh of the future, can look back at the Andrei of today and be proud that I had the foresight to take care of my older self by living below my means, and investing consistently. Set good habits early on and stick to them.
I also bought 100 shares of Apple because the tech sector had a selloff due to fear of unfavorable regulation. I’m underweighted in the tech sector which means I need to own more stocks in the technology sector and Apple is my favorite. It’s almost never on discount but when it is, I will always invest in it!
*None of this is meant to be construed as investment advice, it’s for entertainment purposes only. Links above include affiliate commission or referrals. I’m part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
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This is my class on YouTube of how I did it: https://www.zerotoamillion.com (Thank you for making this possible, I wouldn't be here without you)
How he made money to invest in the first place? YouTube.
Summary: he made videos on money, y'all dumbasses watched his vids, he got paid tons by yt ads.
Celsius, ouch.
man stop that fking dady gave me 1 million joke ffs
Super congrats on the CLICK BAIT title and cross promotion. Pure shameless greed.
he doesn't dividend invest, he makes money off our views
13:13 net worth = this videos views
Adrey I need u.
I need to have a 3minutes talk to u
I need u a little mentoring
ZMM on the ASX. 99.3% down. Huge investment opportunity?
Take a shot every time he’s just kidding
"Would you like me to give you a formula for success? It's quite simple, really: Double your rate of failure. You are thinking of failure as the enemy of success. But it isn't at all. You can be discouraged by failure or you can learn from it, so go ahead and make mistakes. Make all you can. Because remember that's where you will find success."
— Thomas J. Watson
Too many ads.
Hindsight on the Real estate comments lol. Great video, good job man!🤙
So he never said how he made a million dollars. Just chit chat and then the distraction
He is just advertising other companies 😐
Only liked for the Ramsey edit lol
came to the comments for a breakdown but nobody did that
With the existence of the IRS in your country what kind of idiot posts his asset statement publicly ?
😂😂😂😂 that Dave ramsay part
mannn this seems like a lot of work😭
He so funny. Thanks for the advice
They say he’s still just kidding… lol 😂 great video
Successful people don't become that way overnight . What most people see at a glance – wealth . a great career, purpose is the result of hard work and hustle over time ,I pray that anyone who reads this will be successful in life
☝️☝️✉️
Success Depends on the action or step you take to achieve it. Show me a man who has no investments and I'll tell you how soon he'll be broke. Investment is to build a safe paradise for the Future..
Please stop kidding how many jokes?
You should probably delete this video.. lol
Bro recommended celsius… that did not age well 😆
I just set a goal for myself in part thanks to you. Thanks!
We work for years to have , $1million while some people I know put thousand of dollars in some meme coins and they are millionaires.
Welp……this video didn't age well
I want to be financially free, but my efforts seem abortive losing a whole lot due to the stock market crash.
Teach me Andrei I’m 53 year old living paycheck to paycheck
This one didn’t age too well 😬 but love watching your videos 👌
Hey I'm curious were you effected by the blockfi issues lately?
Arr dividend etfs a good investment ?
good times, before he became a cryptobro
This guy`s sense of a humor is just a killer!🤣🤣👌💚
I was just amazed to have heard you people talking about colins, I never thought I would come across conversation about him here. I have been able to raise some money so I can start up my busine
|:(=🔵)-( s m a r t s t u f f )-(🔵)=):|
Well done on 2m subs 👏
You're right, there are importance of multiple stream of income, unfortunately having a job don't mean financial freedom or security
Hi… I love your videos
Which app do you use for keeping record on ur score sheet
Pls respond🙂🙏
1 year ago lol
Man I hope you’ve been able to get your crypto out of those centralized platforms.