Why Your First 100K Is Hard But Your First MILLION Is Easy!

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Title	:	Why Your First 100K Is Hard But Your First MILLION Is Easy!
Lasting	:	8.28
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I understand compound interest when investing in stocks, and reinvesting the dividendsbrbrBut how does it work with funds, I hear some also refer to compounding interest in relation to investing in funds, but how does it work in that case, since you usually don't get dividends to reinvest in this case?
Comment from : Eddie Konjic

Bom vídeo, me lembra de 9 meses atrás, quando eu era tão pobre e falido que mal conseguia pagar duas refeições por dia Lembro-me de ter dado o maior passo da minha vida quando investi o meu último rendimento numa trader especializada, a Sra Catherine, que trabalha numa empresa comercial Pode não parecer muito, mas foi preciso coragem para saber que investir era a coisa certa a fazer naquele momento Hoje meu pequeno investimento de apenas US$ 700 gerou mais de US$ 90000, dos quais investi em imóveis com parte dele Honestamente, para ter sucesso, é preciso dar um grande passo em frente É aqui que tudo começa Forex também é um bom investimento
Comment from : Jason acer

I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $450k gains with months, I'm really just confused at this point
Comment from : Matt Douglas

6:07 Can someone break down the math on this chart? How does $10K at 7 become $100K in 784 years?
Comment from : E Mayan

word up
Comment from : Letsgo50

I'm no expert at dividend stock but I have made more than a million investing in it as a beginner, from what I've witnessed it all comes down to having a Licensed investment Adviser/ financial manger to Handle your portfolio and execute your trades thanks to the popular Amy Emmpra Ellis, my asset manager, I will be counting the second million made from steady dividend incomes this year💯✅
Comment from : Arianne

Took me like 8 years to reach $100k in assets and wealths, but only need me 3 years to reach $1m in assets and wealths Crazy but this is true
Comment from : Victor Pham

Money makes money!!!! 😊
Comment from : Floop

True It's much easier to grow wealth the more money you have The S&P 500, if one sticks with it, outpaces inflation by many percentage points I just want my money to keep outgrowing the inflation rate That is why I'm looking for companies now to put in $80k for a start Just don't know how to proceed
Comment from : Cloudy Blaze

My first 100K was easy asbrMy second was so hard I never actually thought it would happenbrMy third was also easy, now I’m just waiting patiently for my 4th
Comment from : I Have Given up

Pretty sure my portfolio is nothing but a black hole
Comment from : E

What pays 7? I’ve seen 3
Comment from : Jay H

I've come to realize that the key to amassing wealth lies in making sound investments I purchased my first home at the age of 21 for $87,000 and sold it for $197,000 My second home, acquired for $170,000, was later sold for $320,000, and my third property, purchased at $300,000, fetched $589,000, with buyers covering all closing costs and expenses Not reaching a million before retirement feels like an unfulfilled goal|||
Comment from : cathy walter

Having a million dollars when interest rate is 0 Is really stupid
Comment from : King

It took me nearly two decades to save 100k 4 years later I'm at 600k
Comment from : Michael

Great video I make huge profits on my investment since i started trading with a professional broker Mrs Naomi Wilson, her trading strategy are top notch coupled with the little commission she charges on her trade Thanks so much ma'am♥
Comment from : Kaine Barbosa

I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $450k gains with months, I'm really just confused at this point
Comment from : Tampabay Rodeo

100k in 1990 is 250k today and he did not said 40k He said exactly 100k So be accurate here!!!
Comment from : Moris Nakus

What is the best way to profit from the current market, meanwhile I'm still undecided about investing $400k in my stock portfolio to get some dvidends and minimize risk
Comment from : Classicphotos

I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $450k gains with months, I'm really just confused at this point
Comment from : Equity King

Thanks bud for keepin us financially Educated! Regardless of how bad it gets on the economy, I still make over $20,000 every single week
Comment from : David George

Wealth/Success is dependent on the action or steps you take to achieve it Show me a man who doesn't have an investment and I will tell you how soon he'll go broke Investment is building a safe haven for the future: with the right choices of investment that has minimum risk and with an Expert guidance, profit and interest should be guaranteed
Comment from : Ginger Kilkus

I have been managing my 200K portfolio well over the past few years but I just don't have the time to replicate what I did in the past I took a hard hit after some poor decisions and I am looking to recover and excel in the investment field
Comment from : Rick Watson

Quick fact : $100k USD in 1990 is $234k USD in 2023, and $318k CAD
Comment from : Movies Fan

Great video! I thank myself for never giving up even when it was very hard I kept pushing through until I made it out My advice is that If you do your own investing, have you ever thought whether you should turn things over to a financial advisor? If you have significant assets, you have probably felt anxiety when making choices with your money Perhaps you sensed that you might make better investing decisions if you knew just a little more and could invest without emotion If this is the case, consulting a financial advisor makes perfect sense
Comment from : William Davis

The first 100k is a bitch Ajusted for inflation, we could say the first million is a bitch now
Comment from : Oxazepam65

Agreed its definitely the hardest since the compound gains in the beginning are small compared to compound gains post 100K But the next 100K would come much quicker, and the next even quicker and so on Ofcourse being in a Bull Market also helps! As a general rule, if you throw everything into say a low cost index fund such as VTSAX and forget about it, that would more than likely double every 7 years if history serves us correctly Ofcourse past performance doesn't guarantee this, but its a solid indicator! :)
Comment from : NVESTNYOURSELF

I am at 200,000 and it fells supper slow now
Comment from : Bryan Colliver

I agree with you A blend of different Fidelity index funds is my favorite way of investing For example, you could have some covered call index funds for dividends and others for growth A combination such as : FXAIX, FSKAX, FSMAX, FSPSX, FPADX You have to combine them according to your own personal situation I just reached my first $100k this month after 25 years of investing and saving as much as I can
Comment from : Robert Nonna

Man 27 with 70k saved already Keep it up You are already accomplishing more than 95 of your peers
Comment from : pulpprof526

I wish I had more time for trial and error, but I'll be 56 in October and I need ideas and advice on what investments to make to set myself up for retirement, my goal is to have a portfolio of at least $500k at the age of 60
Comment from : Lloyd Bernard

Im doing pretty darn well I started investing 3 years ago and I'm already at 60k I hope to be at 100k 2 years from now At this rate I'll be a millionaire by 35
Comment from : Kun Kodiik

I would say both are difficult but possibleI remember when I hit 100K about 8 years ago Now I'm at 575K It seems like it is going up slowly but it could just be my perception of time
Comment from : Shawn 186

If you wanna be successful, you most take responsibility for your emotions, not place the blame on others In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability There's always a risk in every investment, yet people still invest and succeed You must look outward if you wanna be successful in life
Comment from : Avery Rinn

This is financial advice and I never give financial advice: DONT LEAVE DURING THE BEAR If you don’t want to invest…learn If you don’t want to learn…build If you don’t want to build observe DO SOMETHING…other than leave There is so much opportunity here Take advantage!
Comment from : Steve Ben

the first 300K was easypeasy 1M feels a lot harder to do for me personally
Comment from : alter3go

I concur entirely The first $100,000 was the hardest to save, but my wife and I were able to do it We could have spent the money on a variety of things, such as holidays, but we chose not to do so In fact, interestingly enough, we didn't really begin investing actively until I was 30 years old, in 1998 I'm 53 now, and I have a respectable $12M in savings My only regret now that I know everything is that I didn't start when I was 25 Even while it might not seem like much, the extra five years are crucial
Comment from : Tylergacyy

5:08 It is called Exponential growth Who studied some calculus will understand how it works
Comment from : Roman Lukichev

Basically keep saving and take advantage of compound interest Ooookkayyy
Comment from : O-Milli

Where to get those steady 7 return all the time?
Comment from : Yuhao Wang

Hopefully b4 2024 or at least b4 my 30th BD 😊
Comment from : FX ASHKN

I agree the First 100K is a Bitch The only part I disagree with it the First Millions is Easy It's even more of a bitch
Comment from : LODERS RACING

I'm 93 years old and penniless Do I still have time to invest and get rich?
Comment from : John Smith

Where do we find 7 interest?
Comment from : Ryan Benson

Where do you get a risk free 7 rate for 17years straight?brDumbass video
Comment from : RED

Do you guys put this to practice or do you just like to sound smart ?
Comment from : Paulo Casella

Given the current economic difficulties that the country is experiencing in 2023, how can we enhance our earnings during this period of adjustment? I cannot let my $680k savings vanish after putting in so much effort to accumulate them
Comment from : Quinn Conor

My wife had an affair destroyed our lives at almost 50, made us sell our paid off home I make 150k a year and have 100k capital , I don’t want to buy another house now and be house broke - I had almost 800k in my 401 and after its split with her 150k 401 I’ll end up with 450k 401 too Mind you she made 70k a year and kept her money to herself Both Christian families and never expected this deception Im really trying to do the right thing with this capital Be careful out there
Comment from : Herakles

In what investment do you advise investing 100k to quickly reach 1 million ??? QQQ?? or SCHD ETF??
Comment from : Javier Farias

No such thing nowadays at 7 interest rate return
Comment from : Bozlee

It took my wife and I over three years to save our first 100K Just under two years for our second 100K Now we are on our way to 300K Every 100 is faster than the last one
Comment from : Cory Brissette

First 10k ?
Comment from : alex nice

The first $100K was very tough to save It seem like $200K went really fast $400K has been tough to maintain since covid hit in 2020 I'm nowhere near saving a million dollars, and will probably not be able to hit that mark as I only have max 10 working years left
Comment from : DTR

Right but why 7? Just earn 20 and get their quicker
Comment from : kant

100k today is worthless compared to ten years ago Need I go further back in time?brbrCharlie Munger is an evil man
Comment from : Ulysses

I cant wait to be at a point in life where working is optional for me cause i could live off dividends if i wanted to 😂😂😂
Comment from : Isaac Christie

After making your first 100K never invest and asset that doesn't grow 20-30 per year over a five year time span Only leverage debt in a high booming economy
Comment from : Richard Peter Shon

Nah
Comment from : jay c

It is becoming very strange to me I have paid off debt and saved and invested for years only counting on the amounts I have saved Didn't count on the growth Still don't get it But it is becoming quite insane
Comment from : Randy Millhouse

I reached half a million, hope to double it in 5-6 years, but it’s kind of hard
Comment from : cicciopasticcio8469

It took me 5 years to get to 100k it took me half that time to go from 100k to 250k You make all your worst mistakes making that first 100k, because you really don't know what you're doing and compound interest isn't really helping After you hit 100k, you start to figure out what works
Comment from : SuperSupersoda

AND this is NOT counting DRIP! Which can potentially lower the time by years depending on dividend yield
Comment from : Kevin Gonzalez

I'm 25 and have 28k and feel to old to reach 1 mio ^^ But its not that easy to save a lot of money in germany
Comment from : noThing

In ireland interest rats are between 1 and 2 so saving is pointless
Comment from : matt james

Who's giving 7?
Comment from : Tim Sacco6g

When the vampire of Omaha (warren Buffett) made his first 100k it would have been closer to a million dollars in todays worthless paper notes
Comment from : Curtis snow

Yep Took us 13 years to get to 200k During that time our household income went from 30k up to 110k This year it's going to 260k Lots of hard work pays off If we can do it you can do it We are nothing special brOur lifestyle only costs $40-50k We are going to save at least $100k a year after tax dollars and 30k before tax dollars in retirement accounts brGoal is to get the retirement investments and outside retirement investments all to at least 1 million in the next 6-8 years before our term life insurance policies expire
Comment from : GetInTheSpace

Ha ha now that I’m well past that I see what you’re saying brDidn’t see that 25 years ago, but kept plugging away
Comment from : GT Richardson

because until you hit 100k your annual return is likely under 10k a year After 100k it exponentially gets larger By the time you hit 1M assuming you are only getting 3 a year you are making 30k If you are getting a 10 return its 100K a year as opposed to 3k and 10k respectively for 100k invested
Comment from : Andrew Dobbin

Most definitely need a part time job just to get to the first 100k I work part time ‘just’ to invest Just for investing
Comment from : Canadian Networth

the worst realization is that 10k and 1m doesnt buy you sht these days
Comment from : svezanovac2

No mention of income taxes That is what makes the first 100K so tough You really need to make a 9 percent return tor his argument to work Good Luck!
Comment from : Sammy Odom

Thank you, the easiest way to do it is through Index fund C TSP, it allows 22k a year Join military and go ham on it They also match 5 of your base pay Love army 💜
Comment from : Alpha Centauri

Ill be a millionaire before I turn 27
Comment from : Madness

This investment thing is easier said than done Its easy to say invest and your wealth will grow to a million But invest in what that will give you a guaranteed returns that yields alot? Nothing that's what If you had invested in a bad stock you would have lost more than you saved
Comment from : XXX Cool

The second million is easy Just sit back, relax & let the first million do the work
Comment from : Sun Rise

Invest on what? And whete
Comment from : Village Person

Your first $1 million is also hard
Comment from : Jermaine Stewart

The problem is that the average returns for people with a fund manager is 2 and most people don't know what they are doing to make 7 on their own
Comment from : Jeremy Newell

I wouldn't know I just started investing at 35 (this year 2023) cause my 20s was tough and I went thru a lot of things that lead to me becoming homeless so we will where I am by 40
Comment from : jordan bowers

I have to be rich now, now at age 101
Comment from : Blue Oak

This is amazing but where do I get a 7 interest rate while keeping it realtively liquid (not a retirement vehicle)
Comment from : S W

The first 100k indeed has been a b*tch I’m 26 and at the 70k mark No useless spending, no vacations, just work, save, and invest God has blessed me and I know he guides me in the right direction
Comment from : Wtf

but where to invest? is this more for usa market not EU right?
Comment from : domen

Most people don't really invest due to ignorance and discouragement from family or friends without trying to experience it themselves too
Comment from : Clifford

Thanks for your quality content it is useful for adapting a personal financial to do right tackle and less a short term to achieve financial freedom 👍
Comment from : Dylan Windellor