Why Net Worth EXPLODES After $100K (And How to Get There ASAP)

[@humphrey]

Hopefully you enjoyed. Check out my free Discord: discord.gg/humphrey

[@QualityContentRick]

I always enjoy your videos. Thank you for inspiring me.

[@Nitroat-xo4tj]

please do more against those scambot mafias, trying to lure your viewers into their traps. Comment section is full of them.

[@QualityContentRick]

@@Nitroat-xo4tj Yes. I always call them out when I see them.

[@Nitroat-xo4tj]

@@QualityContentRick great, thank you. i always try to call them out, so no one falls for them. But the sheer ammount of scambots show, its a good business with lots of victims.

[@Uncommonsensetoo]

Great video and very true. Get money invested and the "snowball rolling" as early as possible. The trouble is out of control consumerism and the need for instant gratification among millennials. Living like a millionaire prevents people from ever becoming one. Live on a "shoestring" budget, driving an old beater (or no car/bicycle), and live in a cheap apartment with roommates until you have paid off your student debt with every penny you can spare and get that first $100K invested. It is a sacrifice that may take a few years but so worth it. I was able to retire at 52 comfortably and I did not have to sacrifice much except during a few years in the beginning.

[@Kaustavpatell]

We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.

[@frankedwardark]

Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.

[@Owenra]

You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst

[@MickyGlover]

Could you possibly recommend a CFA you've consulted with?

[@Owenra]

Her name is. TRUDY ELIZABETH STOUFFER . Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@MickyGlover]

I just curiously searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you

[@hannahbrownnn]

I've always been fascinated by how top investors achieve millionaire status through their investments. Currently, I'm sitting on $345K from a home sale and I'm torn between investing in stocks or holding out for a better opportunity.

[@jessieyoung-szn]

Amidst recession, investors need to understand where and how to allocate funds to hedge against downturns and still make profits. if you can't navigate the market you should consult with an expert advisor

[@allisonbutlerj]

I've come to appreciate Warren Buffett's wisdom: 'The most profitable investments often fly under the radar.' My own journey has shown me that emotional biases can lead to costly mistakes. Following a lengthy divorce, I sought professional guidance to get my business back on track. Fortunately, I found an exceptional advisor who helped my assets soar from $175k to $650k, despite inflationary pressures. This experience has convinced me of the importance of seeking expert advice in achieving long-term financial growth.

[@KevinEvans-mq4ob]

Talking about a financial market specialist, do you consider anyone worthy of recommendations? I have about 100k to test the waters now that large cap stocks are at a discount... Thanks

[@allisonbutlerj]

NYCOLE CHRISTINA VANNATA a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

[@eliseduffyfxx]

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

[@Jersderakerguoe]

I must say you are an inspiration because I started up investing and trading as a scared investor who doesn’t want to lose money, glad to say I’m very profitable now and bought my first house through it

[@Michaelparker12]

As a beginner, educate yourself: Learn the basics of investing and the stock market. There are many resources available online , including books, articles, and online courses. It’s a good idea to diversify your portfolio across different stocks and sectors to minimize risk.

[@KarenLavia]

The truth is that this is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. My friend just pulled in more than $84k last month alone from his investment with his advisor. That is how people are able to make such huge profits in the market

[@berniceburgos-]

Wow! This is just mind-blowing. I have set aside $480k since the start of the year, but I've been hesitant to go into the market by myself because of fear of a crash. How about you recommend your financial advisor, please? I could really use some help.

[@KarenLavia]

Melissa Terri Swayne maintains an online presence that can be easily found through a simple search of her name on the internet.

[@Hectorkante]

She appears to be well-educated and well-read. I ran a Google search on her name and came across her website… thank you for sharing.

[@JewelzRamic]

*being desciplined and right descision and advice would sustain your wealth, Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every week*

[@HoldenEliezer-m9q]

i was able to think about my situation and I'm curious to know best how people split their pay, how much of it goes into savings, spendings or investments, I earn around $190K per year but nothing to show for it yet

[@AloraMamiwota]

professionals are out there, they know what we dont know and it helps them do their jobs perfectly, give out advices and counselling about everything

[@onyangomicheal-k6j]

Alot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across Elizabeth. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

[@HoldenEliezer-m9q]

This is definitely considerable! think you could suggest any CFP for me or better still can I get on the phone with your CFP? I'm in dire need of proper portfolio allocation.

[@onyangomicheal-k6j]

i've stuck with ‘Elizabeth Colleen Nurre” for some years now, and her performance has been consistently impressive. She’s quite known in her field, look her up

[@kitaglascoe5147]

In good market conditions, with a growing economy and low-interest rates, financial manager raise funds from venture capitalists, or take the company public and sell shares on the stock market.

[@princeholgate9325]

Improving profitability is an important part of financial management. TIMOTHY ERIC MEEK know what it takes to achieve it.

[@rosannaconstil571]

Thats so impressive.

[@durhammiller8817]

Timothy eric meek is a guru.

[@rosannaconstil571]

How can i reach him?

[@theresaquiera7412]

@@rosannaconstil571 A normal online search of name will be helpful

[@Riggsnic_co]

Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.

[@JacquelinePerrira]

Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality stocks have underperformed the S&P500 this year, My $200k portfolio is down by approximately 20 %, any recommendations to scale up my returns on investment

[@Jamessmith-12]

Nobody knows anything You need to create your own process, manage risk and stick to the plan, through thick or thin While also continuously learning from mistakes and improving.

[@kevinmarten]

Exactly why i enjoy market decisions being guided by a pro , seeing that their entire skillset is built around going long and short at the same time both employing risk management and market experience , been using a portfolio-coach for over 2years+ and I've netted over $3million in that time frame.

[@JacquelinePerrira]

Do you mind sharing info on the adviser who assisted you? I'm 39 now and would love to grow my stock portfolio and plan my retirement

[@kevinmarten]

When ‘Carol Vivian Constable’ is trading, there's no nonsense and no excuses. She wins the trade and you win. Take the loss, I promise she'll take one with you.

[@ClaudiaSchreiber-b1p]

Diversification is the secret to optimal performance. This is why I have my interests set on market sectors based on performance and projected growth, such as the EV sector, renewable energy, Tech, and Health. Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE

[@MonaMarieKafoury]

The financial market is a reliable choice. Diversify your portfolio with I-bonds, stocks (ETFs, REITs, dividend-paying stocks), and bitcoin. Given your budget, I recommend hiring a fiduciary to ensure you receive professional insights for a fee.

[@LejlaGöransson]

A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

[@DanielOrstein]

This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? I'm in dire need of proper portfolio allocation

[@LejlaGöransson]

Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.

[@McCarthyMichelini]

I looked her up, and I have sent her an email. I hope she gets back to me soon. Thank you

[@AminaCasazza]

Additional earnings reports from major tech companies, driven by Nvidia, coupled with trader FOMO, could fuel a resurgence in market buying pressure. I'm considering investing over $300k, but I'm uncertain about risk mitigation strategies.

[@A-krandy]

Nvidia stock is roaring like many did during the 1990s bubble. But this time around, the hype around new chips is happening in a more mature demand environment.

[@GabrielZi-xr6zc]

Having an investment advisor is the best way to go about the stock market right now. I was going solo, but it wasn't working. I’ve been in touch with an advisor for a while now, and just last year, I made over 80% capital growth minus dividends.

[@KateEngdahl]

Please can you leave the info of your lnvestment advsor here? I’m in dire need for one

[@GabrielZi-xr6zc]

Marisa Michelle Litwinsky is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

[@KateEngdahl]

@@GabrielZi-xr6zc Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

[@gopalbhil8087]

The fact that nobody talks about the book whispers of manifestation on borlest speaks volumes about how people are stuck in a trance

[@BerryRyan-gl3sm]

Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.

[@yeslahykcim]

the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.

[@Jadechurch-ql3do]

I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $2m with the help of my advisor from an initial $350k investment.

[@lucaswilliams9992]

impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now

[@Jadechurch-ql3do]

“Lucinda Margaret Crist” is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment

[@brianwhitehawker1756]

Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

[@lawrencedyke]

Net worth truly snowballs after $100k! Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE!

[@tmer831]

Nice. People often underestimate financial advisors' importance. Over 50 years of data reveal that those who work with advisors typically earn more than those who go it alone. I've been fortunate to work with one for 13 years, resulting in a $1 million portfolio, largely from early investments in AI and other growth stocks..

[@DavidCovington-st2id]

I've been considering but haven't been proactive. Can you recommend your advisor? Could really use some assistance.

[@tmer831]

My CFA ’’ Sharon Ann Meny, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..!

[@DavidCovington-st2id]

Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.

[@DmitriPisarev]

I'm more interested in getting from $1M to say $5M, however I for some reason don't see safe shortcuts at this point in time.

[@dianarabbanii2]

It's a common misconception that when a stock you buy skyrockets, the smart thing to do is sell it (or at least sell some of it) to lock in your profits. But the context matters. If the stock has increased sharply because the business is performing exceptionally well, it could still be a bargain. I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas...

[@codeblue11]

I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience

[@michaeldavid6040]

This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

[@timcole421]

Day trading, what you're doing is gambling, not investing. Get rich slow, consistently investing in index funds and HOLD. THAT is what this video is about.

[@jonasking3670]

Ugh

[@brianwhitehawker1756]

I am thinking of diversifying into Nvidia which is up by 8.08%. Definitely looks like the stock of the year as I’m looking for ways to make mouth watering ROIs from a $250k portfolio, any recommendations to achieve this will be highly appreciated.

[@yeslahykcim]

the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.

[@Jadechurch-ql3do]

Risk mitigation is indeed something to consider well before setting out on inveestments. Most often than not, CFAs take care of this perfectly. People downplay the role of CFAs until being burnt by their own instincts. I was in a similar situation a few years ago; Took my chances but stocks went crashing. Realizing I wasn't good at timing the market, I started working with an Adviser, which helped me build a $1.6m portfolio.

[@lucaswilliams9992]

Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.

[@Jadechurch-ql3do]

Her name is. 'Lucinda Margaret Crist’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@geraldt331]

I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

[@tinsleyLuna]

I’m brand new to buying stocks. I need basic instructions on how to spread $100k across the market in order to achieve a 7 figure portfolio. Im wondering if now is a good time to start investing, or do I wait for a crash to buy at discount price?

[@RolandWingo]

I'd suggest you discuss with a proper advisor, particularly if you're new at investing or facing uncertainty. I personally have over 180 companies in my portfolio, so if few companies fail, I still have others that can hold me up.

[@TommyChong677]

That's smart. I'm quite lucky exposed to personal finance at an early age, worked full time when I was 19, purchased first home at 28. Going forward, got laid off at 36 amid covid-outbreak, and immediately consulted an advisor to stay afloat. As of today, I'm only 15% short of my $1m goal after subsequent investments.

[@TommyChong677]

I'm cautious about giving specific recommendations as everyone's situation varies. Consider independent financial advisors like "LUCIA ALICIA CRUZ" I've worked with her for years and highly recommend her. Check if she meets your criteria.

[@MitchellBourisk]

Total stock market index funds (low cost), especially if you don't know what you're doing. Don't listen to people who want your money

[@Reubixvk1]

Simple Path to Wealth by JL Collins. Explains why complete market funds (such as VTI) are best

[@frankedwardark]

I have a 3 fund portfolio consisting of 33% S&P, 33% Total stock, and 33% international. I feel a need to focus on complete growth so I went 100% stocks, but does the SP500 and TSM overlap too much to make sense holding both? However I’ve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait but watching my portfolio dwindle away is such an eye -sore.

[@AmithKaury]

There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire. ..

[@Jamesjerome0]

I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million. ..

[@Adambarking]

I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach? ..

[@Jamesjerome0]

SUNITA SUZANNE BYG is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@Adambarking]

My needs are kind of unique and complex. I'll contact her nonetheless, and I hope I'm able to make something out of it...

[@Chris-l5t]

I am trying to avoid making any new buys at this point in other not to get sucked into a bear market trap.It's tough making money in stocks when institutional investors are the driving force behind the selling.. although I read an article of people that grossed profits up to $150k during this crash, what are the best stocks to buy now or put on a watchlist?

[@Lisa-w4u]

The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.

[@Muller-o4d]

Very true , I diversified my $400K portfolio across multiple market with the aid of an investment advisor, I have been able to generate over $900k in net profit across high dividend yield stocks, ETF and bonds in few months.

[@Evelina-v3u]

Please can you leave the info of your investment advisor here? I’m in dire need for one.

[@Muller-o4d]

‘’Jenienne Miniter Fagan’’ is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment

[@PMackenzie-vw3wb]

Thank you for this amazing tip. I just looked up Jenienne, wrote her explaining my financial market goals and scheduled a call

[@JenniferDavis7630]

As an avid investor, I often mull over how accomplished investors are able to amass fortunes through their investment endeavors. Presently, I hold equity exceeding $545K from a recent home sale, yet I'm uncertain about my next investment move. Should I consider buying stocks at this time, or should I await another opportunity?

[@Angelinacortez495]

Undeniably factual. Despite my absence of prior investing acumen, I ventured into investments pre-pandemic and managed to amass a profit of about $450k within that year. Essentially, I solely relied on professional counsel.

[@Angelinacortez495]

Actually its a Lady. Yes my go to person is a ‘LAURELYN GROSS POHLMEIER '. So easy and compassionate Lady. You should take a look at her work.

[@sydneyleite6553]

buy a place in cash so you're not stressed with paying rent/mortgage and then dump the rest in a diversified ETF like VOO.

[@Pelham04]

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

[@Lourd-Bab]

Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks

[@Pelham04]

@@Lourd-Bab However, if you do not have access to a professional like Clementina Abate Russo, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments.

[@Lourd-Bab]

@@Pelham04 Oh please I’d love that. Thanks!.

[@Pelham04]

@@Lourd-Bab Clementina Abate Russo is her name.

[@Pelham04]

Lookup with her name on the webpage.

[@Pamcheryl]

In my opinion Al will be the next big thing. Refraining from making snap decisions based on transient fluctuations is essential for long-term growth similar to META. Put patience and a long-term view first, and if you want to make well-informed purchasing and selling decisions, consult a financial advisor.

[@BEAUTIFULDIANAFRANCIS]

A wise saying about investing according to my Friend who is a CFA is to be Patient and Think Long-Term. She said, “The stock market is a device to transfer money from the impatient to the patient.”

[@ChrisDERUNNER]

I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks.I believe having 150K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities.

[@OliverTilney]

Cynthia Alexandra Depken is the licensed fiduciary my family use .Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

[@OliverTilney]

Cynthia Alexandra Depken is the licensed fiduciary I use for guidance . I do not think self-investing worth is worth it from my experence . Some may have no account minimums and charge annual management fees of less than 0.5% per amount managed. Self-directed investment accounts have the lowest fees and give you the most freedom, but the risks are higher. A safer choice is to hire a financial advisor and let them guide your investment strategy.

[@LeslieWagenheim]

Building wealth from nothing involves consistent saving, disciplined spending, and strategic investments. Begin by creating a budget to track expenses and identify areas for savings. Prioritize paying off high-interest debt and establishing an emergency fund. As you build a foundation, start investing in low-cost options like index funds, and focus on continuous learning and improving your skills for better income opportunities.

[@ElizabethKing-qu2ob]

I’m mostly in cash and waiting for market to re-level on the reality of our situation. Or are there any ways I can avoid a crunch and maximize my savings of $550k? I know election years are positive for the stock market about 90% of the time. Meanwhile, I'm just focused on making better investments and earning more as recession fear increases.

[@CharlotteLangley-sn6hi]

I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience

[@McCarthyMichelini]

A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K

[@ChrisThomas-m6q]

This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

[@McCarthyMichelini]

Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.

[@MaierFrank]

She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

[@jameschaves5723]

As a new nurse I started maxing out my 401K. That was $15,500 then. Because it came straight out of my check I never missed it. I’ve continued to do this for 23 years. The limit is now $19,000. Still doing direct withdrawal. Last I checked my portfolio it’s worth $1.7 million. I was young and went with aggressive funds. My point is, start early, use direct withdrawal. You can’t miss something you never had. Best of luck to everyone.

[@llallogen7380]

Congrats on your accomplishment! I wanted to input that the 401k limit is now $23k, which is great

[@RebelwithaCause777]

Yeah to bad you will have to pay a lot of taxes on that 1.7 million . If you cash out completely now i think it would be near forty percent .

[@jameschaves5723]

@@RebelwithaCause777 I never mentioned cashing out now. I’ve got a brokerage account not to mention the Rule of 55

[@AK_AF_LB]

@@RebelwithaCause777not is it is a Roth 401(k). Also, long term capital gains are 15% and we have a progressive tax system so 40% is a gross overestimation. Plus what possible reason would someone have for cashing out an entire portfolio?!?

[@RebelwithaCause777]

@@AK_AF_LB if you knew anything about what you were talking about you’d know the limits of a yearly Roth IRA.

[@alexsteven.m6414]

I sometimes wonder how successful investors manage to accumulate enormous wealth from their investment endeavours because I am an avid investor. I currently have equity from a recent house sale that exceeds $545K, but I'm not sure what to do with my money next. Is now the right moment to buy stocks, or should I wait for a better opportunity?

[@brantheeskimo]

The current market conditions may provide opportunities to increase revenues swiftly; however, experience is required to carry out such a plan.

[@PennyBernadette]

Many people minimise the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm solvent. I looked for licenced advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.

[@NorthCarolinaForward]

That does make a lot of sense; you appear to understand the market better than we do. This coach is who?

[@PennyBernadette]

"Rebecca Nassar Dunne" is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@samuelrandy-k8x]

I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

[@Bestjudy001]

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

[@GeorgestraitStriat]

Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks

[@Bestjudy001]

@@GeorgestraitStriat However, if you do not have access to a professional like Clementina Abate Russo, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments.

[@GeorgestraitStriat]

@@Bestjudy001Oh please I’d love that. Thanks!

[@Bestjudy001]

@@GeorgestraitStriat Clementina Abate Russo is her name

[@Bestjudy001]

Lookup with her name on the webpage.

[@alln5739]

Started at age 56. First year saved about 11k. It sat in a lame .15% interest account. Second year moved it to HY savings. 🤦‍♂️ Also saved about another 13K. Year three started with 401K enrollment. Then a Roth IRA. working feverishly to max out 2023 before April 15, then start on 2024. Currently at about 37K. Bonus, I will qualify for the 2025 catch up IRA for people 60-63. I treat this like a part time job and read and research constantly. Paying it forward, I talked three youngsters at work into 401k enrollment as well. Thanks for all the encouraging videos and comments. Now or never.

[@mrassetcs]

well done!

[@BlueRivers]

Nice work my dude!

[@marius666]

Props to you even starting so late still. You got balls of steel

[@JEREMY99218]

In 2013 I had less than $5000 in 401K. Now at age 50, I have $150K in 401K, $25K in Roth IRA, $50K in brokerage accts, $7K in HSA and about $15K in cash (money market)

[@sarahallen8739]

I’m happy for you man :) way to go!

[@dimitristripakis7364]

I got into it too late, but my son is now 8 and we re at 18,000. By the time he is 20 it should be 100,000. So the kid has a good chance, although I missed mine. It's never too late if you have a family!

[@d4rkbeat]

only if you dont spend the money of your so, what you probably will :=)

[@Fissan_Poulsen]

@@d4rkbeat I just think you're projecting.

[@ruslan_yefimov]

This is the way!

[@Tjamp]

what a great person you are. keep it up - both in terms of you and your son.

[@GioGarnada]

You’re a great father!

[@pascualcaraballo1737]

I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time . I was able to build a business from my returns 💚

[@pascualcaraballo1737]

As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex Gomez. A widely known crypto consultant

[@tracyquartieri2]

I've come across this name before, is he really reliable?

[@gucu4433]

I know him, he is my family's personal broker and also a personal broker in many families I'm United States, he's a licensed broker and a FINRA AGENT

[@CarmeloSargenti-dn9xb]

Wow!, I'm surprised you also trade with Alex Gomez, he's the best at what he does.

[@pascualcaraballo1737]

he's mostly on Telegrams, using the user.

[@DPSAgni]

Ever since I started to learn more about building wealth, I have watched so many YT videos that talk about this very concept - that getting to $100K is hard, but once you do that, your money starts working for you. Been waiting for the GOAT to post a video talking about this concept for a while, thanks Humphrey!

[@humphrey]

Thank you!

[@Xspeedspec]

What’s GOAT?

[@cooldan931]

@@XspeedspecGreatest of All Time

[@julianzagar2000]

Greatest Of All Time

[@majax518]

Yeah i agree, Humphrey and Andre Jikh are the GOAT.

[@Lamarche1959]

It was stupid of me to sell $76,000 worth of NVDA stocks without reinvesting. (Buying bonds or CDs is not for me). I’d rather stay 100% cash, or are there any other investments that can 10x in 6 months? I have 100k ready to be reinvested

[@KathHarnell]

If you don’t understand the markets then stick to an index like the sp500. Dollar cost average and hold long term, or better still consider financial advisory

[@E.GCreates]

Right, investing with the help of a specialist set me up for life, retired as a millionaire at 55. I worked hard everyday as a teacher for 32 years and my salary was over 100k annually, until the 2020 covid lockdown. Although I wouldn't have supplemented my income with stocks and alternative investments if it wasn't for the rona crisis. I always find the Positive in every situation. Credits to my FA Dianne Sarah Olson.

[@Kudeghraw]

NVDA is just weird to me. For all of the hype, we should see something by now. Supposedly it is hitting 200 by December. I just feel like you will al be trapped inside of 130-140 and have graphs like a drunken sailor. Stumbling backward, then forward, further backward, eventually forward, etc... SP500 has always been a safe bet. Schwab gained 5 bucks a share in the past year and they have a divvy. War stocks aren't so bad right now. Howmet and RTX are studs right now. Howmet just had a boost and it might still be going. If you would have put all that in Kelloggs (Kellanova) a few weeks ago you would be filthy rich right now. You also could have taken advantage of the Ely Lilly dip, but they are about to crack a grand again. Could have made over 200 bucks a share.

[@AStef-tl8yj]

You broke the numbers down very well. Perfect timing, I just reached 100K. I did a lot of stupid when I was young but no stopping me now. On my way to 1M!👊💵

[@jamesquinn771]

hell yea never to late

[@zasta7]

Fake account comment.

[@Milesamanjaro]

​@@zasta7Which one? This account is actually the most recent.

[@sterlingcampbell2116]

Me, too, man. I wasted my 20s

[@Lee-zi1zb]

I would open a savings account with SoFi which has a 4.6%APY or you could open a brokerage account with Robinhood or webull, I believe they offer a 5% apy for un invested cash, meaning you’re money is just sitting there on the sidelines and remains safe. That could could you about almost $50,000 a year just collecting interest. About $3800 a month.

[@LivaHolst]

One lesson I've learned from millionaires is to always put your money to work, no matter how small. Even investing $100 per month can compound to tremendous wealth over decades. The key is to keep going!

[@hunterbryce997]

Just hit 100k in December 2023. I just turned 24 last week and as of today I’m at 112k liquid, not including other assets. Never went to college and work in a trade for 45k annually. Can’t wait to hit a M!

[@c00lguy12345]

You got time on your side. Good going. U will have 10M by age 65

[@GioGarnada]

Biggest piece of advice?

[@michaelcoelho5802]

@@GioGarnada Continue researching and learning from those that have already done it. a book can teach a lifetime of knowledge in a week or less.

[@MotorsportCreative]

@@michaelcoelho5802 which books do you recommend?

[@Dorments]

AYE i hit 100K being 23 same month as you! Just turned 24 in February now im at 120K liquid too. Samesies

[@JuanCarlos_J]

I've recently come into an inheritance of nearly $900,000, i'm being directed towards the stock market. What risk management strategies are recommended to navigate and safeguard my investment in the market?

[@Mehwhatevr]

Assuming you are a real person... Don't take advice from people on the internet for that sum of money. seek out a financial advisor. Don't use any of the financial advisors that these scammers are suggesting. Find an advisor through a professional source.

[@allanjr808]

90% of these are bots, unfortunately

[@anrod185]

Too many scammers on here

[@FootballCardOlly]

I personally was shooting for 100k invested by the end of last year. Lofty goal and fell short. But after 4 years of investing every single week. I am at $87,000 invested 401k, Roth, and brokerage accounts combined. Meh. Ill get there lol

[@striperkid]

I started my odyssey with a brokerage acct back in November of 2021. I'm at $96k now, trying to get to $100k by mid March or so.

[@FootballCardOlly]

@@striperkid awesome. I feel like that first $100k will be amazing haha

[@oliviaralston1]

Successful people don't become that way overnight. What most people see as a glance of wealth, a great career, and purpose is the result of hard work and hustle over time. I pray that anyone who is reading this will be successful in life

[@aprilclaudette2057]

I want to compliment you, you have said it all. I am a little business owner and I really want to expand my business to the next level by making myself an investor but I really don't know how to go about it..

[@Bireshprema]

imagine investing in Btcoin earlier.... You could have been a multi millionaire precently

[@DanHighland-qj8ci]

​@@Bireshprema You are right. Been thinking of going into gold and cyptocurrency

[@CristinaFox1]

Assets that can make you rich *FX *Btcoin *Stocks *Gold *Real estate

[@thylda7877]

You’re right but a lot of people remain poor due to ignorance

[@MrRuben536]

I’ve been tracking my investment NW since 2021, when I started with 5.5K. I’m now at 44k, projected to pass 60k by EOY. 100k by Dec 2026 is the goal!

[@Al-xb9fo]

You’ll be there in no time friend!!

[@Elimoore_jk67]

*I didn't become financially independent until I was in my late 40's, and I'm still in my 40's. In addition to having purchased my second home and earning money on a monthly basis through passive income, I've also achieved three out of five goals. I just hope this inspires someone to realize that it doesn't matter if you don't have any of these things yet, you can start today no matter your age. Change your future by investing! I made a rather big decision by investing in the financial market.*

[@catlinbrayan9404]

Investing in many sources of income that are independent on government paychecks is the prudent thing that everyone should be thinking about right now, especially given the global economic crisis. Stocks, forex, and digital currencies are still good investments at this time.

[@BancroftHeinrich]

Sure, investing is essential for maintaining your financial stability, but making any kind of legitimate investment without the correct advice of a professional can result in a significant loss as well.

[@adamgreat5180]

It's really not easy investing or trading the financial market. I read a lot of books, tried to study, watch some tutorial videos, did a little demo before funding my account and I still lost a lot. The financial market could be very tricky

[@OscarWells-qy4fe]

Yeah I have same issue also, sometimes I feel like the market is being manupulated

[@markanderson2335]

Trading under the guidance of an expert is the best strategy for beginners.

[@morganbarnes4843]

Super grateful that at 33 I am pushing close to the end of this chart. Cheers to saving and investing since I was 15.

[@ajaxtv8172]

came to this country at 16 my parent never teach me anything about investing, 27 yr now i dont have a savings or a job and no education but i just finished my army career so far future looking uncertain

[@TaggeGust]

I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller.

[@MaiDaniella-mr2gq]

She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states

[@fameswap-dq5eo]

The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.

[@bennettross1]

I'm surprised that you just mentioned and recommended Charlotte Miller, I met her at a conference in 2018 and we have been working together ever since.

[@GertonTootle]

I'm new at this, please how can I reach her?

[@GrozaGroza-ko7fn]

I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills

[@TodosobrebienestaremocionalVio]

the yield on bonds have decreased especially on the long end (30 and 10 Y) indicating that the demand is still there even if the supply remains huge showing a preference for safety. I'm still at a crossroad regarding whether or not to liquidate my $138k

[@markjune54]

Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.

[@LordLobov]

​@@sharon87390Yes, his name's Jamal

[@fredm1]

Watched to the end and I totally agree. My first $100k was the hardest. I started investing when I was 30 back in 1998. Today, I'm 55 and have a decent $3.2M nest egg, although i had supervision of my CFP. After learning all of this, my only regret is not starting earlier when I was 25. It may not seem like much but those extra 5 years are the most important.

[@debwes1]

Congrats on the win man! I am on the same path and It's not even that hard to do. Too rigorous for newbies, maybe, but thats why its advisable to consuIt with good a market strategst.

[@georgeh.5126]

Agreed. This is why I work with an investment advlsor. I currently have over $800k in a well-diversified portfollo that has experienced exponential growth and is well-matched for every season of the market. We are now working on a more figures ballpark goal this year.

[@aureliobjm]

@georgeh May I know the name of the advsor who has been assisting you, please?

[@georgeh.5126]

She's known as 'Amber Russell Bennett'. One of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.

[@aureliobjm]

Just reached out to her since I need all the assistance I can get. I just scheduled a caII. Thanks a lot

[@kiefershanks4172]

I like your dad's saying. It puts wealth into perspective. You can start with nothing and build wealth. It just takes time, discipline, and good financial choices.

[@aureliobjm]

This is so relatable and true lol. I remembered how tough it was before I hit the $100k mark 37. I am 56 today with over $2.8 million in my retirement nest fund alone, didnt take me any stress to get there. Maybe its because my CFP is reliable, but point is, it was way easier from there.

[@fredm1]

I'm headed in the same direction, and it's not that difficult. Perhaps too complicated for beginners, but that's why it's best to consult an experienced market strategist.

[@georgeh.5126]

Agreed. I deal with an investment advisor for this reason. I currently have over $800k invested in a diversified portfolio that has grown exponentially and is suitable for all market seasons. Our current project for this year is a more concrete ballpark target.

[@aureliobjm]

@georgeh Could you be kind enough with details of your advsor please?

[@georgeh.5126]

She goes by 'Amber Russell Bennett'. I choose to delegate my excesses to her because of her great expertise. I suggest you look her up. To be honest, almost didn't buy the idea of letting someone handle growing my finances, but so glad I did!!!

[@aureliobjm]

I appreciate this share. I set up a call with her and I am keen on getting to talk to her particularly.

[@Bobhenry-c7z]

Every week I buy more of whatever is the lowest percentage of my portfolio and try to keep everything around 10%. Please what could be my safest buys with $400k to outperform the market in 2024?

[@VanPelt54u7fcyde57]

Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.

[@purplebliss6875]

@@VanPelt54u7fcyde57 I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000

[@jamesfriedrich1150]

massive gains! mind sharing details of your adviser pleas? i've started gaining more cash flow with my employment and looking at putting money into stocks and alternative assets that can help fuel my money goal

[@purplebliss6875]

Bella Mia Darmon is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment

[@jamesfriedrich1150]

Thanks for putting this out. I curiously searched for Bella Mia Darmon and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks

[@joven_cristiano669]

Great video. Im a huge VRITOKEN fan and love your videos on it.

[@DanielleMoore-vg4lh]

This is why I'm slightly thankful for growing up super poor because I know how to / am willing to tolerate lowering my non needed expenses to almost nothing when it's necessary. Lots of lessons are learned rationing bulk bought clearance food.

[@ladylove34]

I agree with all this except the point toward the beginning that risking $100 is the same as $100,000. It absolutely is NOT the same risk.

[@JAZZMAN1300]

Right? If instead of gaining 10% you loose it, 10k lost is definitely not the same as a $10 lost 🫠

[@steveh5307]

In this context, it means the risk to gain x% is exactly the same. If the market return is 10%, then you get 10% no matter HOW MUCH you risk. The risk PROBABILITY and the return %s are exactly the same.

[@DeepfriedBaby]

he just means statistically. the percentage.

[@EmmanuelC0403]

You’re risking the same chance at the % loss, but not the same chance at $ loss

[@jolank]

Well, not really. You need to look at it as the percentage of your wealth. 100$ is not going to be a huge percentage so losing it is low risk for your level of lifestyle. If you have $100k invested and lose it, it's probably going to quite destroy you.

[@JustinA.Wells-StatePolice]

Eating out and DRIKING out are HUGE drains on your money.

[@jrmorales822]

Humphrey should make a video of people over 40 and the things a person should look into when investing

[@humphrey]

Thank you will do!

[@Xspeedspec]

Yes! I’m 41

[@user-qr7ee2cp4y]

How about 18 yrs olds who just graduated? Take their grad money and start investing

[@Nitroat-xo4tj]

​@@humphreycan you delete the scambot comments?

[@2004cyrus]

@@Nitroat-xo4tjignore them

[@gavinv.4872]

Weird timing, I reached the 100k in retirement the day this came out. As munger said, it was a bitch.

[@humphrey]

Definitely lol 😂

[@Xspeedspec]

So today then lol

[@evilspacemonkey12]

how long did it take you?

[@user-vk6ne6uv1y]

How many years did it take you?

[@Proaming323]

Weird timing… me too! So now what do I do? It’s just sitting in a savings account.

[@manostrahlpwi4834]

When that statment was made, 100K usd had a WAY different buying power. That amount of money is too low to relax but i get its more easy to make a video about reaching 100k than 500k

[@Xspeedspec]

This is old advice on accumulating 100k…it’s more like 200k in today’s dollars from the 90s

[@johannab7715]

⁠very true. I didn’t even think of that!

[@USMC6976]

@@johannab7715 $100,000 today is still a lot of money. Almost 2 years of average salary for American workers.

[@solarisv144]

Had the same thought!

[@revivecleaning399]

He can make a video about getting the 10,000 and how it speeds up from there it doesn't matter the principle is the same

[@snakeonia7542]

It Doesn’t explode. It usually doesn’t even compound any faster. Every dollar matters and the first 10k is pretty important.

[@jjong0711]

Yea, it definitely helps and the returns are a little better. But, it's not a gamechanger.

[@nickstark8479]

"Explode" may be an exaggeration, but the point is its exponential growth - wealth will generate easier and easier as it grows - but it won't magically make you rich over night.

[@Zachery_]

Charlie munger said this in 1993, adjust for inflation it’s $300k which I could agree with, at $300k you’re investments should be making more than you can at least put into your 401k as the max is $23k

[@hornetguy9063]

⁠@@Zachery_agreed. It’s good to use a nice round number, but once you’re at $300k in a 401(k), if you’re invested in the S&P 500 ETF and all of the dividends are reinvested, you can literally never deposit again and still have $3m (adjusted for inflation) in 34 years at average 50 year returns. If you continue to put $20k away, that happens in 25-26 years.

[@mikeyeet]

Huh

[@noahreyman4309]

This video is top notch. I just hit 100k started investing since 2008. Sitting at 112k today.

[@FredMeyer-no3ji]

You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K in a meme coin from just few months ago and now they are multimillionaires.❤

[@BryanHarold-q6s]

Thank you so much... I appreciate all the time it took to put this together

[@AhmadMuhammad-j1c]

l urge everyone to start somewhere now no matter how small, this is literally the time for that, forget material things, don't get tempted

[@EricJose-hn6cf]

thanks man, you always give superb advice and ideas for making money. This video was very inspiring today. Thank you!

[@SulaimanSani-t8y]

Everything said here is all so easily said that done, you would need help from a pro who knows the in and out of how the market works before you get ahead

[@AbdulazizMuhammad-c3i]

Thank you for this insight, you've really opened my mind to learn more....Got ideas on it already but this really boost me more

[@genjimccorkle5518]

"The first 100k is a bitch." Charlie Munger says in 1950.

[@HaggisMuncher-69-420]

$100,000 in 1950 is equivalent in purchasing power to about $1,287,659.75 today. Lel.

[@Mehwhatevr]

yeah I was thinking about that too. I didn't know when he said it, but like 100k whenever he said it... has to be a hell of a lot more today. getting the first 100k doesn't seem that hard. getting the first million on the other hand... and from a common sense perspective, it just makes more sense. Not that a 100k isn't nice. i'll be there in a bout 1-2 more years if the market continues to do well.

[@jlcain100]

He said it in 1985. 100k then is equal to 294 today. That still don’t change the fact that when you get the compounding effect that really starts making a difference.

[@tipfertool5457]

Charlie Munger was going around with popped collars

[@JJ-jn7ei]

I thought he said that in the 90s

[@AB-jp2eb]

Amazing this video popped up as I just passed 100k in my equity account. I hope my wealth explodes now. 😎

[@ordinaryhuman5645]

Note that he said that about 25 years ago. Adjusted for inflation it's more like $250k nowadays.

[@lucasb409]

shit... lol

[@giovannizanoni6353]

Lol very true...humprhey didn't get that. These finance guys are so off ...because on the same idea...after 30 years we get to 1M ? ....lol how much will 1M be worth in 30 years for fuck sake?

[@xensan76]

@@giovannizanoni6353 In 30 years, we'll be paying for bread with wheelbarrows full of credit cards.

[@BS-jg7dy]

​@giovannizanoni6353 Still a lot, lol.

[@javierpalacios5207]

The exponential growth is the same, the only thing that has changed is the buying power.

[@mere_cat]

It is true. I didn't hit $100k net worth until age 40 after 18 years of working, but 4 years later, I'm over $300k. Part of that is accelerated savings and increased income, but part of it is definitely the benefit of compounding in a favorable investing environment.

[@genzlegacy7988]

Currently have 94k after saving for 5 years, cant wait to hit 100k in the next few months and relax. Also the s&p has averaged about 19% per year the last 5 years so that has helped alot

[@glasshalffull2930]

The S&P 500 will go up and it certainly will go down significantly at times, but we’re in it for the long haul! Just keep contributing and DONT try to time the market. Best of Luck!

[@Leifler]

The main reason saving up to 100K explodes too, is that anyone who has saved to 100K, doesn't "need it". If you saved $100, total, youre probably in a state of life whete a minorly bad day means you need $100 and take it all. When you have $100K, if youre not living too stupidly, even if you have a horrible day, maybe you steal 5-10K. Or maybe you just dont add money that year. I've lived successfully and effectively thrived before on about 15K/year. There is a world of differencr between what happens if your car has a problem on 15K, vs 50K/year. I just put some serious unexpected maintenence on my car, that was at a level that would have put me into a state of shock and life or death in the past. I found it mildly inconvenient and a bother to my luxury plans now.

[@justice_1337]

Yeah that base value is the other half of the equation. Give me 1000% return on 1$ and I will starve. Give me 1,000,000$ with a 10% return and I will do just fine. It is easier for the average person to save 100k in 5-10 years than it is for them to learn how to achieve over a 10% return.

[@ahsonnoor7233]

You're not risking the same by investing more though...that would only be true in retrospect. In reality you don't know what future returns will be so the higher the investment the greater potential loss.

[@projectbook4834]

Yeah by his logic, you should just do some crazy leverage. 😂

[@yuckyool]

I agree. Reached this number when I was approx. 30yrs old in 1989. Being out of debt, except for a low-interest mortgage, is extremely helpful. Driving cheap cars helps too.

[@fauxbro1983]

Compound interest is an exponential function. Most people think wealth grows linearly, its exponetial 😊

[@InvestorCenter]

Hey Humphrey - it is obvious that this video concept was taken from a video I did a couple of years ago. I would have appreciated at least an acknowledgment and link to my video

[@humphrey]

hey man. Unfortunately I never saw or was aware of your video when making this. I first got inspiration to make this video from Codie Sanchez because she talks about this principle often, and then I talked about it a year ago in my $0 to $100k in a year video. Then I saw this type of title/topic a few months ago do well on the platform by multiple creators so I decided to make a twist with different info.

[@Keepitsimple-2612]

This is so very true. It took me 7 years to get to the first 100K. I just checked my VG account. It already made 55K in the first 8 days of February :) Get to your first 100K and first 1M ASAP

[@psanders4754]

The market has been abnormally good.

[@KevinRichardhamsik]

*I remember having a consultation with a financial analyst last July, and it was incredibly insightful, can't stress enough how helpful experts in this field are!*

[@HendersonMiles-kp8gw]

As long as you diversify your portfolio, any single investment that you own shouldn't have too much of an impact on your overall return, if it does, diversifying might might be the right choice for you, as one can also try out other commodities. I now have a balanced portfolio that is yielding profits for me.

[@glasshalffull2930]

@@HendersonMiles-kp8gw That’s why I’m 100% in an S&P500 fund. Diversified over 500 of the biggest US companies and 46% of their sales are international.

[@danielnagele3831]

Why do you not mention that Charlie Munger made this statement more than 25 years ago. Back then 100k was the same as 220k in 2024. Now a days net worth explodes after 220k$ you have to get your hands on 220k$ asap, not 100k$

[@tracyquartieri2]

I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time . I was able to build a business from my returns

[@dennybrows9916]

I’m 23 years old with some money saved up and man does this feel good to watch this video and remember that I am working towards something every day. Keep up the hard work everyone and see you on the other side.

[@mathisnotforthefaintofheart]

I would ditch the girlfriend and go mgtow. It's safer for you AND your finances

[@unpopularopinion149]

You got bots having conversations with each other this is wild 😂

[@blkirish88]

I’ve never heard about this $100,000 threshold, but I have heard the saying, ( paraphrasing) the first million is really difficult, but once you have it the second million is virtually inevitable

[@justice_1337]

Its easier for a pay check to pay check person to spend 100$ than 1000$. If you gave them 1,000,000$ invested and they kept spending at the same level or maybe even just a little more they would grow without having to think about it.

[@jamessmithson-br7rm]

The same reason it relatively explodes after any any amount - the first £10 is harder than the next, the first £100 after that, then £1,000, then £10k, then £100k and so on and so forth

[@emmetblanchette6496]

Great premise, and love the video, but I agree with many of the other comments that a $100 investment is not the same risk as $100,000

[@tiburon88]

Exactly! Once $100K hits it's a sigh of relief that you've built up the financial muscle memory. You keep practicing investing but divert more of your time focusing on building your career or other skills.

[@Nickdawg1234]

hit my first 100K in december, two days before i turned 26!

[@ZachGames998]

Damn im 24 on my way, got like 24k invested! good shit my guy

[@killectronewday8585]

I hit my 100k today, aswell 26! :D

[@BboyDaquack]

​@@killectronewday8585keep at it fellow 26 year olds. The math checks out though. I'm at 850k and close to breaking that 1mil. Thanks NVDA

[@willowandluka5302]

Way to go

[@MC-kl5mp]

Lies

[@hliang4]

The real reason why if you can make it to 100k you can make way more: Making it to 100k means you have discipline, you didn’t touch the overpriced items 0-100k, the whole journey. now you’ll resist things 100k-1mil+

[@johannesswillery7855]

Yeah, I'm WAY past 100k and still won't buy the sports car I have my eye on...............

[@stewartgames6697]

Your dad's sayings are not dumb! He sounds like a good teacher and father that taught you valuable lessons about money, something not everybody gets in life. Maybe you should do an episode with him that is just him saying all these words of wisdom.

[@Synful_]

one million dollars is just one hundred million pennies

[@JP-Au-Schulz]

Live in the moment is stupid, moment is gone in just that a moment. Can not take it with you, pass it along you can and will! Its what I live by, my son and his future children will benefit, that's my goal. Great video. The first $100K was tough but the next, and then the next and the next keep getting easier and easier. Rolling now my wife and I are.

[@mattkucera9370]

I know I’m being that guy, but technically saying what amount your wealth explodes at depends on what you think a lot of money is. I think $100k is a good benchmark for most people right now but it’s equally valid to say it “explodes” at $60k, $150k, etc. depending on what you’re impressed by as far as how much you’re making per year.

[@Dargaud89]

I'm pretty much exactly at this spot now (~110k) at age 34. Guess it's time to consult a financial advisor... "Luckily" I live way below my potential standards, work a lot and with some smart investing (for me it was crypto, but that obviously doesnt work out for everyone) I managed to accumulate this sum in less than 3 years. But now that I actually got some money at hand I definitely want to be a bit more conservative about my investments. Also while I know how to navigate crypto I actually don't know much about navigating stocks. So learning more about that is the next thing on the menu for me... Thanks for the vids. You definitely helped me to understand where I currently stand. 🙂

[@masubee4148]

Love your content and thank you for making it easy to understand. Can you do a video of what to do once the 100K is achieved? Thanks!!

[@toadevergreen2561]

I just saved 50k at 31. I've been working a w2 job at a 40k salary and started an eBay business. I spent my 20s living below the poverty level

[@Upper_Room_Studios]

I really enjoyed seeing the math/graph on how money grows. Even though I technically already "know" the content in this video, and others like it, I always learn more. However, the biggest reason why I love this video and others like it, is that it is constant motivation that I for one need and appreciate. Thanks. More like this, please.

[@Mechulus]

4:12-4:36 Exactly correct. An excellent summarization this generation’s mindset regarding money that holds true for many other aspects of life. Also, Albert Einstein said “The most powerful force in the universe is compound interest.”

[@livingunashamed4869]

Yeah trying to hit 100k by 35 I feel so behind. Started investing right before I turned 30.

[@hopelessdecoy]

Same here, investment is a small part, debt elimination is more important. Paying off loans and credit cards can be up to a %30 return. Guaranteed since most debts are fixed interest. Also net is assets MINUS debts. Good luck you can make it if your not too in the hole.

[@ihaveadreamformykids4400]

This is not a raise or a competition. It’s called consistency.

[@hhjhj393]

I am 29 with $10k in retirement and $50k saved.... I messed up my youth hard. I will probably use the $50k for a house downpayment. So in reality I only have like $10k invested. Yikers.

[@farzana6676]

​@hhjhj393 29 is still young though. It's a good time to start stacking. As long as you're stacking big.

[@Blubbha]

Reached 200k this week. It's facinating how your own perspective starts to change. Start easy with an ETF instead of stock picking and focus on putting more money to work. That's my learning after first 7 years of investing. So pay yourself first and spend the rest. :)

[@habeshafinance]

The first $100,000 was definitely the hardest for me, but seeing how compound interest works with more and more $ is incredible. Great video!

[@whousefilms]

I discovered the power of compound interest at age 52. Luckily, I do have decent money saved up through 401Ks and stocks. I plan to move everything to S&P 500.

[@arvincabugnason6728]

It's the percentage game, where the 10% average market returns is significantly greater when you have a larger sum which is the 100k accelerating the compounding. Great lesson

[@ryan-mz6mx]

Almost 32 with 750k. Only broke the 6 figure income mark this year. Started at 43k income. My advice live well below your means, buy and maintain a used car, and live with your parents if you can. If you do this you dont need to worry about money later.

[@jamesdowell5268]

He said this decades ago, would be helpful to adjust for inflation to preserve his actual intent. "Your first $200k-$300k is a b****"

[@Jonnaberg]

Trueeeeeee

[@notreallyme425]

3:42 and this why some who could retire say “one more year.”

[@OffbeatTravelVK]

We have a saying in India. "Boond Boond se ghat banta hai" translating as "Save one drop at a time, fills a bucket", analogoues to your dad's saying. Love it!

[@kenbox9355]

Just started a month ago 7.23 (5) into vgt etf everyday and I have 191 into it and have a $2.63, 1.40% return so far

[@drmonkeys852]

Don't move out if you're in the position to. Managed to get 100K by basically having little to no expenses saving over 3k a month cause of that. Super grateful for my parents for supporting me, and also taking care of most of my uni costs. Had to work fulltime while doing uni, but it was worth it. Got there at 22 before I even graduated 😁

[@epbrown01]

This is what I *wish* I’d done. I started at 27 and while it took just 3 years, it took working literally hundreds of hours of overtime combined with drastic cost cutting. I would have been so much easier before I left home.

[@Derenismo]

You misspoke, probability of loss is the same on investing $100 vs. $100,000 - but risk is not the same. Risk on $100 & risk on $100,000 is different. The formula for calculating risk is generally Risk = Likelihood × Impact. Impact is calculated as the the probability of the risk happening by the size of the consequence. "Size" is not a proportion, but an actual value. Therefore, the consequence of a 10% loss on $100,000 is much greater than on $100. So the variables that calculate risk are not the same. You do not take on the same risk, just the same probability of outcome X.

[@captalex1]

Charlie is wrong. Because 100k in 1970 is worth $799,000k in today’s money. 100k doesn’t take you far in today’s society.

[@Reaper54]

Bro stop hating u missed the whole conversation

[@RodrigoHernandez-tn7xw]

They're right tho

[@iamdotcomm]

public service announcement: if you see any conversation between two accounts that claims crazy growth (millions in a matter of years) that leads to a financial advisor being mentioned, it is almost certainly a scam. i see it all over the place. these financial advisor are at best unqualified and at worst a scam trying to extract your money

[@RossiPopa]

As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?

[@RichardMoore-jg5tl]

Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge

[@RusuSilva]

A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

[@FusunTumsavas-cq7tp]

in times like these, it's crucial to be cautious and not rush into the market , Who is this your FA , my portfolio needs urgent attention , been a lot of loss.

[@RusuSilva]

Christine Ann Podgorny is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

[@FusunTumsavas-cq7tp]

I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

[@bullfr4g32yt8]

I just turned 19 and I only have 2,200 in my Roth Ira, I have had a 48% return YTD and I want to stay that risky until 23 or 24. I work two part time jobs right now and only bring in about 300 a week. I am still in school but I am gonna try to have 10k in roth by 20