Grow Your Money By Investing – £500 to £10,000 (Week 23)

Reaching your first £10,000 in investments is all about consistency. Early on, regular deposits matter more than market returns. Focus on steady investing habits to build real financial momentum.”

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The updates in this article will see this portfolio reach 33.6% of the goal

Last week’s change: +3.5%
This came from 0.5% portfolio growth and a further 3% from additional investment.


Last Weeks Performance

Games Workshop released news on 23rd May, indicating that their core revenue will not be less than £560 million when they publish their end-of-year report on 1st June. This marks an increase of £60 million compared to the 2023/2024 financial year.

I’ll also be keeping a close eye on AECOM and Sandvik over the coming weeks. On Monday, AECOM announced it had secured another project, contributing to future revenue. The company will be overseeing the transformation of King Fahd International Stadium in Riyadh, in partnership with Saudi Arabia’s Ministry of Sport.

Sandvik is undergoing a significant corporate restructuring. Its Manufacturing and Machining Solutions division will be split into two distinct business areas: Sandvik Machining and Sandvik Intelligent Manufacturing. Importantly, no new shares are expected to be issued, so stock dilution should not be a concern. This restructure could enhance the company’s ability to drive future profitability.


This Week’s Investments

This week, I’ll be investing £300 into Games Workshop. The company is doing extremely well with what I believe to be an even stronger future ahead of it. While there is a small dip in stock price, I want to take full advantage of this by applying my weekly investment budget towards it.

I haven’t reached my first £10,000 in investments yet, but I understand how important that milestone is. It’s not just about hitting a number—it’s about building the habits, discipline, and mindset needed for long-term financial growth.

That first £10,000 is often said to be the hardest to save, but it sets the stage for compounding returns and greater confidence in managing money.

I see it as a key step toward financial independence, and staying consistent with investing is the crucial in reaching this goal.

When working toward that first £10,000, it’s clear that the progress is driven more by what I’m depositing than by the returns I’m earning.

At this early stage, the real impact comes from consistently putting money in, not from market performance. Compounding hasn’t had much time to work yet, so the focus needs to be on building the habit of regular contributions.

It’s a reminder that discipline and consistency are more powerful than chasing quick gains, especially in the beginning.

With the above in mind, over the next few weeks I will be increasing the weekly amount invested to give the portfolio a helpful boost whilst still seeking opportunities to make the most from each pound.

During these earlier stages and with the timeframe of my goal, quick growth is of higher priority than long term dividend paying stocks.

I’m committed and driven towards achieving this goal and would encourage you to do the same, regardless of if you have £5 a week to invest or £500…


Next Week…

Check back next week for another portfolio update as we continue this journey to £10,000.

If you missed last week’s update, you can find it here

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Have a great week!