📉𝙄 𝙡𝙤𝙨𝙩 𝙣𝙚𝙖𝙧𝙡𝙮 𝟵𝟬% 𝙤𝙛 𝙢𝙮 𝙨𝙖𝙫𝙞𝙣𝙜𝙨😭, 𝙝𝙚𝙧𝙚 𝙞𝙨 𝙝𝙤𝙬 𝙄 𝙩𝙪𝙧𝙣𝙚𝙙 𝙩𝙝𝙖𝙩 𝙛𝙖𝙞𝙡𝙪𝙧𝙚 𝙞𝙣𝙩𝙤 𝙛𝙞𝙣𝙖𝙣𝙘𝙞𝙖𝙡 𝙛𝙧𝙚𝙚𝙙𝙤𝙢

This will be longer than my usual market updates. I'll share how I got into investing, and how the past 14 years led me to financial independence. If you have similar aspirations, make sure to have an uninterrupted 5 minutes - I promise it will be worth it!

👨‍🎓I started investing quite late, in my mid-twenties. I just got my first big-boy corporate job, and after my monthly mortgage payments, I had some extra cash left over at the end of the month.💰

💁‍♂️I had no idea what to do with it. A friend introduced me to the basics of forex💱, and I also invested a lot of money in a single bank🏦 stock in Hungary. It was late 2007, months before the 2008 financial meltdown began. Let's just say, the odds were against me!

❌Naturally, as all beginners, I soon wiped out my forex account, and my confidently chosen bank stock dipped 80%. I was devastated. Defeated. 2 years of my savings went up in smokes. 😢

🛑I believe this is the point where most people close their laptops, call investing a scam, and never have a riskier investment than a savings account.

💪Not Me. I couldn't afford to lose this much. I was determined. I took responsibility and realised, it was me, doing stupid things, playing with fire, and getting burned. I wanted to get back into the game. I believed I could do better. I started saving again, picked up side hustles, and moved to London for better job opportunities.

✅London was the perfect place to learn about investing! A well-paid job helped me save more, and soon I started to experiment with investing again. One evening in 2013, I was sitting on my couch and found this tiny broker, called eToro. Little did I know how life-changing it would become!

Over the years, I improved my investing skills, got promoted at work (=even more savings), moved to the US with my wife, and our nest egg became more and more noticeable. I started to see the power of compounding!

I also got into reading finance blogs (Hello MrMoneyMoustache) and discovered the FIRE movement🔥- Financial Independence, Retire Early.

💹From an investment perspective, the next 10 years were fantastic. Our investments grew steadily🚀. We were living in Hong Kong, when our daughter was born, so we decided it was time to take a break. 👨‍👩‍👧

🔥We moved back to Hungary, and with no job lined up, we had to live off our investments. This was the moment of truth, a true test if we can do it! Just 10 years after I made my very first investments, and lost 90% of it. The math was right, it worked! Modestly, but we were able to make a living!

😊It was liberating to take time off and do whatever I wanted! Spending time with my newborn daughter, and having the freedom to travel was a dream come true! It is all thanks to investing, not giving up after the first failure, and putting in time and effort to learn the ropes!

🙏In 2023, I got confident enough and applied to the Popular Investor program on eToro. Another life-changing moment! I am now a part of an investment community for over 2 years, and as an added challenge, I am not only responsible for growing my own money but for my copiers' money too. I am grateful for my copiers who are with me on this journey, who truly mean long-term, and growing their accounts with me!

🦘In 2025, I moved to Australia with my family. The FIRE lifestyle is put to the test again. All our living expenses are paid by our investments in one of the most expensive countries, where we have to pay rent, food, healthcare, holidays, everything. With no compromise on our lifestyle.

👉Now, Imagine if you could do something similar! And you don't have to walk this path alone!

👉Imagine you have an expert, who puts you on the right track from the beginning!

👉If I did it, starting from poverty in Eastern Europe, learning everything on my own, so can You!

👉You even have the luxury of simply copying your favorite experts on eToro, with a click of a button!

✅If you are in it for the long term and want to reach your financial goals, just start copying and following me! I am investing my own money, I treat yours the same way!

📖Check out my Copier handbook to learn more about my investing principles, and what you can expect! etoro.tw/3WDPHoB

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💚 Invest smarter, not harder—copy my trades and watch your portfolio grow! 🚀

✅2023 - 54.58%

✅2024 - 54.1%

Gabor Fogarasi @fogi70

eToro Popular Investor 🏦

CISI Level3 Investment Certification

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