Why Net Worth SOARS After $100k!

[@JackStainstone]

my Wife and I ,both 33 with about $800k in investments, excluding home equity and rainy day funds. I've always strived to stay on top of my finances, hoping that being disciplined in my 20s would allow me/us to have more breathing room in our 40s+ But now, as life's demands intensify, we're pondering a crucial question: should we bring in a financial expert to help us maximize our wealth?

[@JackStainstone]

I do hope to help educate younger people on finances after I leave my corporate 9-5.

[@vincentchan5773]

Mywife and I can totally relate. We've been disciplined about our finances too, and it's paid off. We're in our mid-30s and combined net worth shows we are millionaires .with ~450k in retirement/investments.Years of driving 20+ year old cars with multiple shades of paint (or as i called it, "custom" paint jobs) and knocking out $170k in student loans literally paid off. To people going through the struggle, take it step by (non trademark) baby step. You'll get through it. Its worth it.

[@zaree7040]

At 42, I've accumulated $997k in my 401k, thanks to starting at 18 and making consistent investments. With my company since high school, I contribute 10% of my income, maximizing a 4.75% match. My proactive financial advisor emphasized the power of compound interest - starting early allows money more time to grow. While I didn't mention returns from my brokerage account managed by Monica, the lesson is clear: start early, be patient, and consider a financial expert to help your wealth thrive!

[@JackStainstone]

Who is this monica you work with ? and how to reach out ?

[@zaree7040]

Monica Mary Strigle, a highly esteemed and experienced CFA I proudly work with. Her impressive credentials and expertise make her a trusted authority in the financial industry. I highly recommend researching her and seeking her guidance for navigating the complex financial landscape. Her wealth of knowledge and expertise are invaluable assets to anyone seeking to make informed investment decisions.

[@Riggsnic_co]

The average stock in my portfolio has been cut in half, and the only way to make money this year has been to either short or to trade long in very short time frames. I'm still at a crossroads deciding if to liquidate my dipping $117k stock portfolio, what’s the best way to take advantage of this market?

[@JacquelinePerrira]

It’s precisely at times like these that investors need to be on guard against the next certainty. You don’t have to act on every forecast, hence i will suggest you get yourself a financial-advisor.

[@Jamessmith-12]

I agree, having a financial - advisor for investing is genius! Not long ago amidst the pandemic crash in March 2020, I was really having investing nightmare prior touching base with advisor. In a nutshell, i've accrued over $550k with the help of my advisor from an initial $120k investment thus far.

[@kevinmarten]

That's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you.

[@Jamessmith-12]

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.

[@kevinmarten]

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

[@benjamineprg4249]

Wow, this is really awesome, not everyday one gets to stumble upon real gems like this.. thank you !

[@benjamineprg4249]

Honestly this cannot be overemphasized, helping people mitigate unforseen circumstances and mistakes .It's always good to have a financial plan,

[@camela8445Mar]

yeah that's a good path, focus on a good strategy, relax back and watch it compound within the years. In good time you'll see returns.

[@camela8445Mar]

No doubt making smart plans and setting up diversified investment portfolios is quite essential.

[@Sanchyfab]

the problem is that most don't have the knowledge needed to succeed in a challenging market. Only highly qualified professionals who had to experience the 2008 financial crisis could hope to earn a high in these challenging conditions.

[@kaylacapotosto8523]

It's crucial for individuals to diversify their portfolios, seek professional financial advice, and stay informed about market trends to navigate these challenges effectively.

[@BraunRob]

Start early with diversified investments in stocks, bonds, and real estate. Maximize contributions to tax-advantaged accounts like 401(k)s and IRAs. Regularly review and adjust your strategy to ensure security.....

[@katiekilbo]

People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.

[@MianHussnain-tu1wi]

Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.

[@MeliszaMagalyMezaEspinoza]

Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things

[@BigNate82]

Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit

[@bombasticlove76]

I'm surprised that you just mentioned and recommend Mr Brian Nelson. I met him at a conference in 2018 and we have been working together ever since.

[@IsaacSMILE]

Yay I’ll be a millionaire at 87 years old. Buzzin.

[@michaelhutchinson2854]

Should’ve started sooner clown

[@davidcarney1533]

Better than never

[@gatekeeperboxing5898]

I thought the same thing when I was 16 and earning £50 a week, although I was a bit more optimistic and thought i'd be around 75.

[@zenastronomy]

when buffet and munger were talking about 100k, 100k had the purchasing power of 1 million or maybe even 10million that's what all these youtube "first 100k" videos keep missing.

[@Mary-h2w]

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.

[@julie-e3t]

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

[@Mary-h2w]

@@julie-e3t 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

[@julie-e3t]

@@Mary-h2w Oh please I’d love that. Thanks!

[@Mary-h2w]

@@julie-e3t Clementina Abate Russo is her name

[@Mary-h2w]

Lookup with her name on the webpage.

[@gatekeeperboxing5898]

It only soars if you make the right choices of course. I hit this mark pretty early on in my career, probably within the first 6 years of working. I've never had expensive tastes or enjoyed going out and spending all my salary on things I don't really need, so it wasn't really all that hard for me to achieve. Don't think that this can't be achieved on an average salary, because thats pretty much what I earned for alot of my career.

[@taranpy2528]

What's the optimal strategy for someone with around $500 or even less, to begin trading cryptocurrencies today?

[@bellacfu9671]

You need a pro or very goodTrader. Someone like Stephany Reuben

[@karolinakukielka7690]

Almost gave up due to constant losses, but Steph turned my luck around

[@teresehougaard5041]

I went from 12k to 149k with Steph. Thanks to that i paid off my debts

[@karolinakukielka7690]

Leveraging market changes is a remarkable talent Stephany has

[@taranpy2528]

what is the best way to text her?

[@AidenCheatle23]

I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Elizabeth Wesley

[@HermanPerkins832]

I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week...

[@HeatherGuzman470]

She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.

[@DannyRodriguez158]

You trade with Elizabeth Wesley too? Wow that woman has been a blessing to me and my family.

[@MikeGlenn231]

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

[@TiffanyWhitman25]

I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much

[@tjunited]

I love your channel... you're one of the best financial guru and very realistic. Keep it up.

[@elijaprice]

A good example of the power of exponentials is the Human Genome Project. After 1 year, the project had only mapped one ten thousandth of the genome, and the media at the time (that didn't understand exponentials) ran lots of stories along the lines of "This is a ridiculous endeavour, it's going to take 10,000 years". But it didn't. Because of the exponential growth of computing power, it only took another 12 years (and actually completed faster than anticipated).

[@nickd1973]

Can you explain what you mean by ‘compounding’ where it relates to the stock market? As I see lots of financial KZbinrs use the term. I understand the term when it relates to bank account interest then earns its own interest and compounds that way. I guess when you invest in shares then reinvest the dividends into more shares then there’s a compounding effect. But when you talk about the stock market it returning typically returning 7% then you really talking about an increase in share prices. Presumably 7% being a greater monetary value each year. Though that’s obviously not locked in as share prices can go down as well as up. Am I missing something here? Or is there a different definition to ‘compounding’ than my bank interest example? Thanks for the help.😊

[@Owaismh54]

Awesome! Very well explained and clear communication. Thank you so much.

[@srinivasanpalani6908]

Thanks, useful info. it would be helpful to know education loan, is it worth to avail same for uni degree

[@MrSalmanBadshah]

Very great explanation .thank you . 👌

[@runabath]

Ur stuff is really good 💯 I like the tax and this too ❤

[@anatolianbites8620]

Thank you Kiran ;)) Great help !

[@imranochannel7339]

Kiran is a superstar ❤

[@VegasMilgauss]

Surely just buy Bitcoin??

[@OllyJ70]

Do you invest in more riskier assets such as crypto ? If so could you make a video on this please.

[@paulkerr2298]

thank you Kiran. another great video keep doing what your doing we love it, your a star

[@henrykrystos921]

nice one, Kira!!!!

[@123MondayTuesday]

5:00 How come the red dot to the very right doesn't follow the upward trend????

[@rinakaur7245]

You say interest, but then refer to stock market returns?

[@marksmallwood4938]

It should be called compound growth not interest.

[@n1chr0me6]

Yea, finfluencers, amirite? ;)

[@geztinsdale]

should this example also reflect the reduction in spending power due to inflation ...

[@danbarnett88]

Just buy BTC and do it way faster

[@ITzadamZz]

$RIO u mean lol

[@VegasMilgauss]

Agree, this Bleep ain’t got a clue!

[@danbarnett88]

@@crimsonpirate1710 wait and see

[@manni192]

Government can ban it any day

[@hectorheath9742]

I have trouble with this. I have two pensions and reached 100k pretty effortlessly because I spend modestly. But apart from stock market investment being risky why, at 70 y/o, would I want to make more. This infatuation with making money is pointless. The guy you mentioned was a billionaire when he died, so what was the point? Feeding the taxman maybe??🤔

[@deborahhobbins7131]

I am nearly there plus I own another house so I have about £250,00 what can I do to keep myself from being stung by the taxman?

[@aloknarzary6085]

keep doing the good work ma'am!

[@TheKlink]

could you do a video on debanking please?

[@Domain_Man1]

You do know this information isn't a secret, it's called Compound Interest.

[@funkyfragrancelover2979]

Nice video explaining the concept. However you need to also take into account of investment and withdrawal fees and any potential capital gains tax when liquidating your investment. In reality you are probably looking at around 5-6% real return. Also the markets can drop 10% during global crisis e.g banking sector crash/covid so people have to be headstrong and resist the temptation to withdraw money or chop and change their portfolios which can incur a fee. Plus life also gets in the way people at some point will have to liquidate for large ticket items etc.

[@gatekeeperboxing5898]

I was able to achieve the $100k pretty easily without even investing in the stockmarket and just used savings accounts.

[@NihilisticHedonism]

Hyper-inflation might strike and make us all millionaires - no sacrifices needed! Ms Kaur is such a wholesome lady.

[@nadeemmaqbool4088]

Excellent

[@richiemochi]

when people say saving 100K... is it the networth? or saving 100K to invest?

[@swapFrance]

I know all these concepts but I am watching this video just only because Kiran is beautiful and that British accent on desi girl ;-)

[@Salo-qh1pi]

The first 10k is More difficult for me

[@danyunowork]

Hate to disagree but you don't earn any faster above 100k. It will be exactly the same rate as going from 10 to 100, or 1 to 10. Just your starting point and end point are different, but the rate that you get from start to finish will be the same.

[@danyunowork]

But yes, as a lesson on the power of compounding interest, it's very good!

[@asharyal8605]

Her point is that the dollar value gets large. Rate of growth can be the same but 10% of 100 is 10 while 10% of 1 is 0.1. Vast difference.

[@Cassp0nk]

So with inflation it needs to be way morw

[@Abdul_Rahman86]

Mine started to soar after 25k. Yours would to

[@javaidak4204]

Hugs ❤

[@aminaliuk]

Most people are enslaved by debt such as a mortgage and that’s why they can’t get to 100k. Do an online business and invest some in crypto.

[@Oprah34]

Lately i got interested in crypto but has no idea how to go about it. Can anyone Help with a reliable tra-der?

[@CarlsonJason-x5i]

I think all you need is an expert assigned by a brokerage company that will trade for you and handle your capital professionally and give you weekly returns of investment without any extra fees attached

[@CarlsonJason-x5i]

Evelyn Turner is the professional that guides me and her optimal returns are really impressive

[@Sofia32872]

Yeah, I believe investing with a professional is the optimal approach, as it mitigates the risk of significant losses. Did you genuinely know her? I was under the impression that I was the sole beneficiary of her guidance through the challenges of trading.

[@Nathan-om8es]

Seeing a remark regarding my manager Evelyn Turner is quite energizing. It was just like this when I first met her a few weeks ago. Having started with just 4k about 2-3 weeks ago, I have already made it to 21 k. She is very remarkable!

[@lexi7043]

Goodness gracious I'm so excited seeing Ms. Evelyn Turner been mentioned here also. Didn't know she has been good to other people too, this is wonderful because I also started with a KZbin referral like this