Why Net Worth EXPLODES after $100,000!

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  • Опубліковано 14 лис 2024

КОМЕНТАРІ • 58

  • @Liam-rl3ed
    @Liam-rl3ed 3 місяці тому +29

    I've seen this everywhere lately. In college atm studying finance and am hoping to save as much money as possible and invest to get to 100k after 3-5 years! I hope I can do it

    • @mp22422
      @mp22422 3 місяці тому +1

      You’ll get there. Keep going

    • @thekevin5747
      @thekevin5747 2 місяці тому +1

      YOU CAN DO IT!!! YOU CAN DO THAT AND MORE!!!! KEEP IT GOIN FUTURE MILLIONAIRE!!!

  • @bb1kehn
    @bb1kehn 3 місяці тому +7

    Love these 100k videos, glad that you made one too! It took me 2.5 years to reach my 100k but then the last few days of the market rollover has made me dropped 5% - 8%. This is healthy though, Looking over my YTD, I'm still up by a substantial amount.

  • @matthewc9806
    @matthewc9806 3 місяці тому +18

    Ill be 28 in November. On track to have 100k in savings by time I'm 30

  • @heckyesitsjess84
    @heckyesitsjess84 3 місяці тому +9

    I didn't feel like it was drastically quick after 100,000, but 200,000 I feel it was more noticeable

  • @E3DAMx
    @E3DAMx 3 місяці тому +3

    This is very true guys,
    10 years ago I was very poor I was 19 with no hope for studying college no one to support me what so ever ,
    I decided to get rich , and i found out that i need 250k$ to be able to invest and reach millions and i knew it was super hard
    I grinded my ass off day and night and after 10 years of hard work and alot of fails i reached my impossible goal of 250k$ .. 6 months ago
    Now I have 320k$ which is insane for someone like me ..
    Next year with how everything is going I should get 1m and in 5 years it should be 100m
    I know u guys thinking this is funny or insane but so my friends and family thought when i told them im gonna get that 250k
    And trust me .. 100m is way easier than 250k from nothing

  • @aaronkim3856
    @aaronkim3856 3 місяці тому +1

    i will put 50% of my income to DGA once i aggressively pay off my student loans. my plan projects me to reach 100k in about 5-7 years from now.

  • @nursekazhasaknife9124
    @nursekazhasaknife9124 3 місяці тому +6

    I just did last month I’m 43. Wish I started earlier. I still don’t know what to do though.

    • @AQuestioner
      @AQuestioner 3 місяці тому

      Do you have family?

    • @nursekazhasaknife9124
      @nursekazhasaknife9124 3 місяці тому +1

      @@AQuestioner never been married or had kids which made it easier.

    • @michaeltwoison
      @michaeltwoison 3 місяці тому

      If you want several ideas I can hit you up with some. My money is in real restate and forex

  • @aghilesguilas6015
    @aghilesguilas6015 3 місяці тому +3

    Hi John , please a video about Wells Fargo Rewards Program

  • @Myelso
    @Myelso 13 днів тому

    A concept I struggle to understand is that with the ever growing inflation and value of money, how can we be sure that the millions compounded will be worth the same in 30 years time?

  • @Cesar-jw7on
    @Cesar-jw7on 3 місяці тому

    Hey John, you are my one stop shop for anything finance. I’ve been watching you for quite a while, I wanted to ask could you make a video or provide some insight on Wealthfront cash management account and Betterment Cash Mgmt Account. Would this be better then a savings account?

  • @antonchigur764
    @antonchigur764 2 місяці тому

    I have 300K and scared to invest,I have that money on a HYSA,what do I do?

  • @AlphaCryptoNurse
    @AlphaCryptoNurse 3 місяці тому

    Hi John we are about to migrate to the US with roughly 30k usd what is your advice we should do? Should we invest that immediately or just use it as an emergency fund? But note that once we are there in the US we already have a job and all our expenses could be taken cared off by our salaries. Thanks in advance for your advice.

  • @axercute
    @axercute 3 місяці тому

    What camera do you use? Im thinking of using sony zv e10, what are your opinions on that

  • @unknownuser6802
    @unknownuser6802 2 місяці тому

    This is not true especially for IT. They do not keep IT

  • @new_capsulerxpodcast
    @new_capsulerxpodcast 3 місяці тому

    Hi John, I’m a pharmacist and interested why you left pharmacy school to work in pharma sales… if you have a video that talks about it please feel free to direct me to it. I’m new to the channel!

    • @kcsguitar
      @kcsguitar 3 місяці тому

      higher earning potential is my guess

    • @new_capsulerxpodcast
      @new_capsulerxpodcast 3 місяці тому

      @@kcsguitar yeah that’s what I was thinking too. I’ve even considered it lol

  • @FlyWithRookie
    @FlyWithRookie 3 місяці тому

    I’m currently at $182k annually. UnfortunatelyI just started looking into index funds. I do have a pension and a Roth 401k but at my current age I’m wondering how much more I can invest to achieve 1 million plus. I have a little less than 25 years to achieve these goals.

    • @jot5445
      @jot5445 3 місяці тому

      And how old are you if you don’t mind me asking?

    • @SpectacularName
      @SpectacularName 3 місяці тому

      What is your Roth IRA invested in if not index funds? Make sure you’re putting that in something diversified with low fees

  • @Erik-mn5zc
    @Erik-mn5zc 3 місяці тому +2

    I cant wait!

  • @lawofparsimony
    @lawofparsimony 3 місяці тому

    what % of my monthly salary should be dollar cost averaged into index funds?

    • @ZeProblematicz
      @ZeProblematicz 3 місяці тому +1

      Depends on who you listen to, but a common piece of advice is to try and work towards 25% of your gross income.

    • @briankelly1240
      @briankelly1240 3 місяці тому

      Depends on your goals. Personal finance is... personal. Do math backwards from your goals. E.g. goal to have $100,000 in 5 years, if starting from 0 then most will be from contributions, so will be about $20,000 per year saved (more or less pending if good or bad market years).
      The point of this video though is it will take less of your own contributions to get higher return as reinvestments payoff compounding over years/decades.

  • @Scottweeier846
    @Scottweeier846 3 місяці тому +32

    I lost over $70k 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 Natalie Strayer

    • @Josephbasta827
      @Josephbasta827 3 місяці тому

      I'm surprised that you just mentioned Natalie Strayer here also Didn’t know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.

    • @carolynvo7802
      @carolynvo7802 3 місяці тому

      The very first time we tried, we invested $2000 and after a week, we received $9500. That really helped us a lot to pay up our bills.

    • @DaveCulbertson
      @DaveCulbertson 3 місяці тому

      Natalie Strayer has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's

    • @Rodriguezpaul-9
      @Rodriguezpaul-9 3 місяці тому

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

    • @AmandaBrookes0908
      @AmandaBrookes0908 3 місяці тому

      After I raised up to 125k trading with her I bought a new House and a car here in the states also paid for my son's surgery
      Glory to God shalom.

  • @mz8967
    @mz8967 3 місяці тому +6

    Why did you just copy Nisha’a video that she made over two months ago? Same exact content.

    • @Smerky
      @Smerky 3 місяці тому +3

      Not a brand new topic to talk about..

    • @GetOutNerd
      @GetOutNerd 3 місяці тому +5

      I feel like this is the 6th video I’ve seen on this topic, but it’ll help the one person thats never heard of this concept before

  • @gregbaxter6162
    @gregbaxter6162 3 місяці тому +2

    You’re like the 100,000th account to do this same video. This side of UA-cam sucks now

  • @TimberkingTerriers
    @TimberkingTerriers 3 місяці тому +1

    The bag? What's "the bag"?

  • @Pashhhh456a
    @Pashhhh456a 2 місяці тому

    So I’m in a wheel chair by the time I have money

  • @FriedaFuzzypaws-f3h
    @FriedaFuzzypaws-f3h 2 місяці тому

    Deja vu

  • @Tony36847
    @Tony36847 3 місяці тому

    This video is moronic. Isn't it obvious that your money earns more when you have more invested? No magic here. Just simple math.
    10% return on 100k is obviously less than 10% on 200k

    • @supreme5998
      @supreme5998 3 місяці тому +4

      The point of this video is to show how fast compound interest works after 100K.

    • @Tony36847
      @Tony36847 3 місяці тому

      @@supreme5998 exactly the same as it does before 100. Look at it as a percentage rather than dollars