The Savvy Wallet Podcast

EP. 182 - Stock Market Millionaire: How I Turned £500 A Month Into £1M+ (And How You Can Too!) ft. Leon Boros


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In this episode, Ato speaks with Leon Boros, who is a private investor and former corporate financier who became an ISA Millionaire in 2013 (Meaning he built a £1M+ tax-free portfolio made up of stock investments).

We discuss:
- Key choices that shaped Leon's financial success

- How to become an ISA Millionaire

- How much he invested to become an ISA Millionaire

- Leon's investing framework that made him an ISA Millionaire

- Investing through stock market crashes

- Is it still possible to beat the stock market

- Potential investment opportunities in the stock market

- Best place to start investing and much more


🔗 Connect with Leon:

X/Twitter: https://x.com/boros10


📩 Sign up to my mailing list to be the first to know about upcoming events:

⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠http://eepurl.com/hJEcLL⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠



💼 What's in The Wallet

Submit any question anonymously and it may get answered in future episodes. Drop your question here: ⁠⁠⁠⁠⁠⁠⁠https://tally.so/r/w5gzdE⁠⁠⁠⁠⁠⁠


🤝 Sponsors

Lightyear – Grow your cash or build wealth on Lightyear’s simple-to-use platform.

Sign up for a new account on Lightyear and get up to $115 worth of a US fractional share of your choice! Claim your reward when you use this link: https://lightyear.app.link/savvywallet or enter the code: "SAVVY" manually in the Promotions section.


Capital at risk. ISA rules apply. Terms apply: https://lightyear.com/en-gb/signup-promotion-terms.


🤝 Partners

📚Coursera - Learn AI, Cybersecurity, Project Management, Data Science & more with the education platform that I use:
⁠https://imp.i384100.net/savvywallet⁠
Some of the links are affiliate links which means that we will receive a small commission if you make a purchase, however there will be no additional charge to you.


Timestamps

0:00 - Preview

1:02 - Intro
1:13 - Meet Private Investor Leon Boros
7:10 - This decision shaped my financial success the most
10:34 - Why I started investing in my teens
14:07 - People get too emotional about the Stock Market
17:10 - Lightyear Ad
18:31 - What’s a stocks and shares ISA?
22:51 - Time + compounding can make you an ISA Millionaire
23:51 - How much should you put in a Stocks and Shares ISA?
25:50 - The earlier you start investing the better
31:04 - Why are there such few ISA’s Millionaires
37:11 - When I believed I could be a Stock Market Millionaire
39:52 - How I became an ISA Millionaire
48:09 - The truth about a diverse stock portfolio
54:36 - How much I invested to become an ISA Millionaire
58:21 - One of my best performing investments
59:42 - My investing framework that made me millions in the Stock Market
1:08:02 - Biggest investing mistakes
1:13:19 - Lessons learnt from my mistakes
1:17:36 - Investing through Stock Market crashes
1:22:21 - Skills to be a good Stock Market investor
1:25:52 - What would I do differently in the Stock Market?
1:27:25 - Is it still possible to beat the Stock Market
1:30:09 - Investment opportunities I’m looking at
1:32:49 - Best place to start investing in the Stock Market
1:35:13 - Final words


Disclaimer: The information contained on this video is not intended as, and shall not be understood or construed as, financial advice. I am not a financial advisor and the information in this video is not a substitute for financial advice from a professional who is aware of the facts and circumstances of your individual situation.

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