Reaching $100,000 Means You're 1/3 Of The Way To $1,000,000 (Surprising)
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- Опубліковано 20 вер 2024
- Reaching $100,000 Means You're 1/3 Of The Way To $1,000,000 (Surprising)
You’ve probably heard the saying “the first $100,000 is the hardest but did you know that once you amass a $100,000 investment portfolio you’re actually ⅓ of the way to surpassing the $1,000,000 mark? That’s right, reaching that $100,000 milestone is a bigger deal than you’d think. Let’s take a look at the math and see exactly why that is. Stay tuned because this is great news for your future.
If I had $360k I would invest $100k in tech & $260k into dividend stock with a proven track record to grow with capital appreciation & dividend increase year over year
Adding JEPI and JEPQ are smart additions in my opinion. As for staying committed to higher-risk investments, it's all about balancing your risk tolerance with your long-term goals.
The market is not necessarily a rollercoaster if you know your way around the market, there are various opportunities in the present market to accrue good profit, If you are not too savvy with the market, just buy and hold on strong companies with good earnings, or consult with advisors on ETFs and actively managed funds. that’s what works for my spouse and I. We've made over 30% capital growth minus dividends.
I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advis0r? I'll be happy to use some help.
Finding financial advisors like Melissa Terri Swayne who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.
I manifested $40, 250 and $5000 in one week without working for it. I did it once. Just once. lol. I wanna do it everyday
My investments portfolios are Bitcoin, Eth
Investing and trading now will be the wisest thing to do especially with the current economic fluctuation and inflations.
That's awesome!!! I know nothing about investment and I'm keen on getting started. What are your strategies?
As a beginner investor, it's essential for you to have a mentor to keep you accountable. Gillian Sara sheeran is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
Same here all thanks to Gillian Sara sheeran, she has always been there to guide me through with detailed analysis and recommendations that I wouldn't have access to otherwise.
Ma'am Gillian Sara sheeran is considered a key Crypto Strategist with one of the best copy Trading Portfolios and also very active in the cryptocurrency space.
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 7week these past 4months according to Bloomberg.
The professionals presently control the market since they not only have the essential business strategy but also have access to inside information that the general public is not aware of.
The issue is most people have the “I will do it myself mentality” but not skilled enough. Ideally, advisors are perfect reps for investing jobs and at first-hand experience, my portfolio has yielded over 350%, since covid-outbreak to date, summing up nearly $1m.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one.
“Rebecca Nassar Dunne” is who i work with and she is a hot topic even among financial elitist in California. Just browse, you’d find her, thank me later.
I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.
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!
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
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.
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
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.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to over $750k.
That does make a lot of sense; you appear to understand the market better than we do. This coach is who?
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with "Rebecca Nassar Dunne" for the last five years or so, and her returns have been pretty much amazing.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Just reached 21.000 after 1 year of savings and now 3 months of steadily investing in ETF.
Can't wait to reach 100k.
Zero debt , zero credit card ever.
Piano teacher
First hit $100k in early 2020, that covid dip really hurt at the time. 4 years later that dip is barely noticeable on the long term chart and we are well over $300k with increased contributions in recent years.
Keep grinding out there! ABB - Always Be Buying!!
I deal with an investment advisor for this reason. I currently have over $70k invested in a diversified portfolio that has grown exponentially and is suitable for all market seasons under guidance. Our current project for this year is a more concrete ballpark target this year.
Hello Tmer, How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
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..!
Thank you for the recommendation. I'll send her an email, and I hope I'm able to reach her.
Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!
Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life because I invested early ahead this time .
Exactly ! That's my major concern and what lucrative investment can one venture into with the current rise in economic downturn
In fact, I had no prior experience or understanding when I began investing in 2018, but by the end of 2019, I had made a profit of almost $750k. All I had been doing was going by what my financial advisor had told me. This demonstrates that all you truly need is a professional to assist you; you don't even need to be a great investor or put in a lot of work.
@@hunter-bourke21I just started a few months back, I'm going for long term, I'm still trying to wrap my head around it, who’s this advisor you work with ?
@@hunter-bourke21 Kudos on the effective execution of innovative ideas and tactics that lead to significant advancement. As I seek guidance from a trustworthy advisor, would you be willing to share details about the individual assisting you?
As I ponder investing the proceeds from my recent Portland home sale into stocks, I'm torn between seizing the opportunity and timing the market. While I recognize it's a great time to buy, I'm uncertain if it's the perfect moment for me. My mind is also boggled by the impressive gains others in the same market have made - over $450,000 in mere months! I'm left wondering when I'll fully recoup my investment and whether I'm making the right move?
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.
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.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
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.
I just Googled her name and her website came up right away. It looks interesting so far. I sent her an email and i hope she responds soon.
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my inherited portfolio of about $2.5m. I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.
True, I mostly just buy and hold stocks, but my portfolio has been mostly in the red for quite awhile now. Unfortunately to be able to make good gains, you’ll need to be consistent and restructure your portfolio frequently.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
My partner’s been considering going the same route, could you share more info please on the advisor that guides you?
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
Dude This comment section is filled to the brim with financial advisor spam. I usually report like 2 or 3 on most Financial videos but this is the first time I've seen more than like 10 of them in a row. I hate these spam bots with a passion.
Probably because these youtubers pay for fake views..
@@gijnsI don’t know, but anything related to money on the internet is almost always filled with bot comments and scams. I doubt most of these guys would waste their money on such a stupid thing!
Creating wealth entails establishing positive routines, I had only $78k to my name at 42 when I first woke up to this reality. I chose the stock market as a medium of growth, got an excellent financial advisor,Financial management is a vital subject that many avoid, often leading to future regrets.
Indeed, currently I'm managing my finances wisely and being frugal. In the last 19 months, my investments grew by 43%, adding over $500K in profits. However, I've had losses in the past month, making me anxious. I'm unsure whether to sell everything or wait.
No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024.
What steps can I take to engage in this opportunity? I genuinely aim to secure my financial future and am enthusiastic about taking part.
There are many independent advisors to choose from. But I work with Monica Shawn Marti and we've been working together for almost four years and she's fantastic. You could pursue her if she meets your requirements. I agree with her.
I really appreciate your useful advice. I was able to set up a call with her and confirm her identity. She seems incredibly knowledgeable, and I appreciate your advice so much.
Great Video. I'm a 52-year-old QA Specialist at Confluera, with an annual income of $150,000. Although I do have a retirement account, I'm keen on exploring short-term investment opportunities as I prepare to shift to part-time work in the near future. What would be the most suitable strategy to achieve my goals?
It's crucial to have a well-thought-out strategy and not make impulsive moves based on short-term market fluctuations. Patience and a long-term perspective are key. You should consider a market expert to guide you.
Opting for an investment advisor is currently the optimal approach for navigating the stock market, particularly for those nearing retirement. I've been consulting with a coach for a while, and my portfolio has surged by 85% since 2023
Working with a financial advisor has been a game-changer for me. They provided invaluable insights and tailored strategies that aligned perfectly with my risk tolerance and financial objectives. With their support, I've seen significant growth in my investments and gained confidence in my financial future.
This is definitely considerable! think you could suggest any professional/advisors I can connect with? I'm in dire need of proper portfolio allocation
Actually it’s a Lady. Yes my go to person is Sharon Ann Meny. So easy and compassionate Lady. You should take a look at her work.
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.
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.
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
Could you possibly recommend a CFA you've consulted with?
My CFA Monica Shawn Marti , 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.
Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.
The idea of investing a significant sum of money may be both thrilling and intimidating. There is potential for considerable wealth increase with the correct strategy. How can one take advantage of compound interest and potentially grow your retirement savings to about $1M over time?
I think the safest strategy is to diversify investments. Like spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
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
impressive gains! how can I get your advlsor please, if you dont mind me asking? I could really use a help as of now
impressive gains! how can I get your advlsor please, if you dont mind me asking? I could really use a help as of now
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.
Market highs can sometimes be followed by corrections, but predicting the timing and extent of it is challenging. I've heard some analysts talk about a 'massive' correction. It makes me wonder if it's time to adjust my $120,000 portfolio.
If you lack knowledge about market investing tactics, get advice from a financial counselor.
Right, a lot of folks downplay the role of advisors until being burnt by their emotions, no offense. I remember some years back, during the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my cash reserve has yielded from $350k to nearly $1m
Mind if I ask you to recommend this particular coach you using their service ?
Carol Vivian Constable 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.
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.
My strategy has always been to invest half of my income in the stock market at the beginning of each month. The second part of my strategy is not to sell for at least 5 years, but recently my portfolio has suffered major decline about $150k in losses. What can I do please?
Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. which may reduce your dividend gains or income, speaking to a certified market strategist can help with pointers
Agreed. It's always wise to be proactive and consider diversifying our investments to manage risks in uncertain economic times. I delegate my day-to-day investing to an advisor ever since suffering a major steep-down late 2019, amid rona-outbreak, and as of today, I'm semi-retired with barely 25% short of my $1m retirement goal after subsequent investments
I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advis0r? I'll be happy to use some help.
Rachel Sarah Parrish 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.
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.
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!
My advice to everyone is this : if you want to grow big this year especially in your finances. Be willing to make investments. Saving is great but investing puts you on a pedestal where you wouldnt have to worry about savings as you do now. Thanks to my FA, my portolio is doing really great and im proud of the decisions i made last year.
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 $1 million portfolio, largely from early investments in AI and other growth stocks..
How? What does one do if they have a 100k$?
I've been considering but haven't been proactive. Can you recommend your advisor? Could really use some assistance.
*Marissa Lynn Babula* has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.
Overall, 51% of traders think this year would favor stocks, mutual funds, and other equity-based investments, despite Treasury yields and other safer cash-like investments paying big. I’m looking for opportunities in the market that could fetch me $1m ahead of retirement by 2025
Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. Alternatively speaking to a certified market strategist can help with pointers on equities to acquire
True. Having the right financial planner is invaluable. My portfolio is well-matched for every season of the market and recently hit 90% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, though this could take till Q3 2024.
I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you
Aileen Gertrude Tippy' 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.
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.
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. I’ve heard of people accruing over $550k during recessions and inflation, its important to do your own research
Remember that investing in the stock market carries risks, and it’s important to do your own research and consult with a financial advisor before making any investment decisions.
Certainly true. My $550K portfolio was diversified across several markets with the assistance of an investment advisor, and in a matter of months, I was able to generate over $950K in net profit from high dividend paying stocks, bonds, and ETFs.
Please can you leave the info of your investment advisor here? I’m in dire need for one.
AMBER KAY WRIGHT 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..
Thank you for the lead. I looked her up and sent her an email. I hope she responds to me soon.
In these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.
If you need advice, consider speaking with a financial advisor. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.
you are completely right, Advisors have information and paths that are not disclosed to the public.. I profited $560k in 2023 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.
This is huge! think you can point me towards the direction of your advisor? been looking at advisory management myself.. seeking ways to invest and make more money with the uncertainty in the economy.
Amber Dawn Brummit is among the most accomplished portfolio managers in the industry, widely acknowledged for her outstanding work. I highly recommend taking a closer look at her impressive portfolio.
The advisor that guides me is Amber Dawn Brummit, most likely the internet is where to find her basic info, just search her name. She's established.
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?
The present market conditions could offer chances to enhance earnings quickly, yet to implement such a plan, expertise is essential.
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.
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.
Invest in an index tracking low cost ETF. Look into it yourself, you'll be pleasantly surprised. Individual stock picking is simply a gamble.
With my portfolio of $120k. I’m looking for opportunities to profit in a potential downturn, According to rating agency Moody’s, both the UK and the US are set to fall into a recession because of higher interest rates.
An obvious way to invest for a recession is to buy shares in businesses that are likely to experience steady demand even in a downturn. Typically, those are consumer staples, utilities, and healthcare companies, but off course such decisions cannot be made by an average Joe, a financial advisr is important in making this decisions
I agree Such considerations can certainly have a role when I think about whether I ought to buy into a share. But I never purchase purely on that basis, i always have to seek the advice of my financial planner who has helped me gain $985k in a well-diversified portfolio that has experienced exponential growth
Pls who is this coach that guides you? I’m in dire need of one, my stock portfolio is declining even in a bulll market.
Vivian Carol Gioia’ 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.
She looks to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
I am so happy that i made a productive decision about my finances that changed my life forever. I am a single Dad and i live in Florida, i bought my first house in September and i hope to retire next year at 40 if all goes well. Thanks to Mrs Judith M Layton for helping me achieve this.
Wow. I'm a bit perplexed seeing her been mentioned 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.
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
You trade with Judith M Layton too? Wow that woman has been a blessing to me and my family
I'm new at this, please how can I reach her?
I was skeptical at first until I decided to try. It’s huge returns is awesome! I can’t say much.
One thing that needs to be mentioned - 36 years is a long time so looking after your health is a MUST! Gotta be alive to reap the benefits of the compound interest!
This is definitely true. Dead men enjoy no nest eggs.
Yes I've found that the more I look at the potential compounding growth, the more I'm motivated to exercise and eat healthy!
Yea 45 years is half a century. That's like 3 world wars, govt defaults, hyperinflation...
Yes, chances are you’ll end up ded one way or another😢
@@amgjens Not in the US. Our life expectancy is 76 years. Chances are any young person who decides to invest will be alive to benefit.
I had problem comprehending trading in general. I tried watching other UA-cam trading channels, but they made the concepts more complicated. I was almost giving up until when i discovered content and explain everything in detail. The videos are easy to follow
Trading on a demo account can definitely feel similar to the real market, but there are some differences. It's important to remember that trading involves risks and it's normal to face looses sometimes. One piece of advice is to start small and gradually increase your investments as you gain more experience and confidence. It might also be helpful to seek guidance from experienced traders or do some research on different trading strategies.
I will advise you should stop trading on your own if you keep losing.
If you can, then get a professional to trade for you i think that way your assets are more secure
I'd recommend Annabelle Hartfield, her profit is great even when there's a dip
it's great to see others who also benefits from the service of mrs Annabelle Hartfield.👍
*DONALD NATHAN SCOTT.*
Great video, Chris! The first $100,000 invested was amazing. But when you hit $300,000 it’s like smashing the glass ceiling! I cried.
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.
I've been considering but haven't been proactive. Can you recommend your advisor? Could really use some assistance.
I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip
I also emailed her
She responded so quickly, I didn’t even expect. What a wonderful woman
She gave me an important advice - “Do not fall for the cheap scam from the comments”
Legend
Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios in the last 3rd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder.
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.
nice! once you hit a big milestone, the next comes easier.. who is your advisor please, if you don't mind me asking?
Thanks for sharing. I curiously searched for her full name 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.
Stay in the game, Hold, keep the stocks you have.
You won’t necessarily need to add more to what you have, if you feel unsure about the Stocks you have, but just keep them in order to still receive the growth come Bullish time.
The problem we have is because Most people always taught that " you only need a good job to become rich. These billionaires are operating on a whole other playbook that many don't even know exists.
Money invested is far better than
money saved, when you invest it gives
you the opportunity to increase your
financial worth.
It is remarkable how much long term
advantage people like us have gotten by trying to be consistently not stupid,
instead of trying to be very intelligent.
The wisest thing that should be on
everyone mind currently should be to
invest in different streams of income
that doesn't depend on government
paycheck, especially with the current
economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
Many individuals report success in investing in stocks, forex, and cryptocurrency (Bitcoin), yet I continue to struggle. Can somebody help me out or advise me on what to do?
Even with the appropriate method and assets, some investors will still outperform others. As an investor, you should already know that nothing surpasses experience, and that is final. Personally, I had to seek advice from a stock specialist, which allowed me to build my account by over $35k, extract my profit just before the correction, and now I'm purchasing again.
As an lnvesting 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?.
well as you know bigger risk, bigger results, but such impeccable high-value trades are often carried out by pros.
People dismiss the importance of advisors until they are burned by their own emotions. I remember a couple of summers ago, following my lengthy divorce, I needed a good boost to assist my business stay alive, so I looked for qualified consultants and came across someone with the highest qualifications. She has helped me raise my reserve from $275k to $850k, despite inflation.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?.
Actually its a Lady. Yes my go to person is a ‘MICHELE KATHERINE SINGH '. So easy and compassionate Lady. You should take a look at her work.
Thank you for this amazing tip. I just looked the name up and wrote her
up, to schedule a call. many thanks
Crossed $300k 4 years ago and cleared $1mil now
Great job 👍
So you contributed $10,563.44 every month? How do you make that much money?
@@jasongallagher631 No I didn't contribute that much! Most of it is from the growth of a property I sold and from the stock market going up.
@@jasongallagher631 You understand the investments are growing, correct? I stopped contributing to my portfolio years ago, and it’s gone up $200k YTD (NVDA, AAPL, MSFT, GOOG, AMZN). A $300k investment in those would be at ~$420k by now; invested 4 years ago, it’d be over a million easily. Nothing weird or esoteric, just large cap companies everyone knows about.
The first 100k seems to be so hard for some because you're basically still setting up a foundation for your portfolio to stand on and then the latter comes easier since now you're familiar with diversity ,where to place your funds. I made my first million from going diverse, mainly blue chip stocks. high value etfs, S&P500 and coins ..with the help of my F.A Anna Rounds Fay handling my portfolio it's been a year of steady growth.
Smart, I must commend you because etfs will keep making you solid profits through compounding while the other stocks pays monthly although advantageous you must've started big
Nice, you're a good lady for breaking this down, i reached out to your FA also through her web and her responses were articulated.
invest in stable stocks, my rule: if you previously liked the stock, then you should love it at a discounted price.
Hey, I'm in Austria. Wondering if the stuff you recommend is USA specific or does it translate to other western countries?
First $1 is hardest for most people you will encounter.
Getting to $100,000 this year. Started at $4000 per year the first year(2012), then $6000 every year after. Last year I jumped to $9000. This year I should be putting in $16500. Hopefully, up to $18000 next year. My goal is not $1,000,000., but to get to $2000 per month in Dividend Income. Hoping to get there by 2030. Retired at 50 sounds nice.
Hope you achieve your goal
Curious if anyone here has tried copy trading.
What was your experience? I’m relatively new to trading and I am looking study some traders and copy their open trades rather than investing myself and lose money emotionally
I successfully trade in my own portfolio, and also follow others because I'm interested in their strategies. I realized I've got better at managing the trader's strategies too. There's nothing wrong at all with having someone far more dedicated
To be 100% honest with you. I had the same question 4 years ago. I was confused as heck. Now copying other traders for over 3 years, I would like to tell you, YES copy trading is a good approach. Just keep in mind that the success of copying another trader lies in their transparency. Make sure you know who you are dealing with before copying them. My two cents. Goodluck!
It's usually best to ignore the trend whether bullish or bearish and stick to a proper trading plan, maybe from the help of a professional. I recently just started investing again so I am still in touch with the consultant that provides entry and exit points on the securities I focus on. He does all the technical analysis legwork while I go about my other businesses. You can use something else if you are the DIY type of guy, investing has no one way to do it
How can I take part? I sincerely strive to create a secure financial future and look forward to being a part of it. Who is the driving force behind your success
Sure. He's known as Larry Kent Burton . One of the finest portfolio managers in the field. He's widely recognized; you should look him up online.
Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 17k in last month 2024.
Wow that's huge, how do you make that
much monthly?
Honestly speaking, I will continue to trade and stick to Sylvia Nicolas daily analysis and guides as long as it works well for me..
Woah for real? I'm super excited. Sylvia nicolas strategy has normalized winning trades for me also. and it's a huge milestone for me looking back to how it all started😀
I live in Calgary, Alberta🇨🇦. She's recognized as 'Mrs Sylvia, one of the finest portfolio managers in the field and widely recognized; you should take a look at her work.
please educate me, i am willing to make consultation to improve my financial situations.
I really appreciate the dedication in each video you post. To be successful one has to have multiple income streams and so on, also investors should understand the crossover between asset classes & liquidity flow. Patricia Annie Brooks focuses on Multi-asset trading, a single strategy to manage risk, profit, and the code or the actual decision-making across multi-asset classes. Her skills set is top notch
I'm surprised that you just mentioned Annie Brooks 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.
You trade with Annie Brooks too? Wow that woman has been a blessing to me and my family.
YES!!! That's exactly her name (Annie Brooks) so many people have recommended highly about her and am just starting with her from Brisbane Australia🇦🇺
I'm new at this, please how can I reach her?
Her good reputation already speaks for her .I’m also one of the beneficiary of Annie Brooks. So happy I gave it a trial after being skeptic of the process.
I will be forever grateful to you, you changed my entire 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 Michelle Stewart.
Wow. I'm a bit perplexed seeing her been mentioned 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.
She is my family's personal broker and also a personal broker in many families in United States, she's a licensed broker and a FINRA AGENT in United states
You trade with Michelle Stewart too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
My question is, What's the best way to make money from crypto trading? I really need help from investors and traders.
When investing it's of the utmost importance to diversify your money. This is a good way to invest
The number one skillset that an investor need to have is extreme patience and invest with a professional broker to guide you!
Buy low and sell high, also ensure you invest with a professional who has a unique skill in manipulating the market for profit gain. GOODLUCK!!!
I have one question, everytime I buy low and sell high I should be making more money right? But my wallet becomes less and less, why is this?
Me too I'm a beginner. I don't understand indicators that are used. Any guide or advice you wanna give me?? How to read indicators properly??
$1,156.26 is what I’m currently contributing to my 401k each month at the age of 42
How much of it was your money and how long has it been growing?
You need to look up the financial order of operations
@@venturevlogzall my own money. Company only matches up to $1,500 a year. Been there 21 years and wished younger me would have had his contribution % as high as the last 4 years 😢 .
I reached 100k across 3 accounts late last year (403b, Roth IRA, and brokerage) at age 44. I'm on track to reach the magic number at age 57 😁
Across 3 accounts won't compound as quickly
@@jackwebb3757 Yes, I know, my job won't allow me to combine my TRS and 403b plus my Roth IRA is separate. I'm still happy that I got to 100k!
@@jackwebb3757 not true
@@jackwebb3757it’s the same result. 100k with 10% gain is 110k. Two accounts with 50k and 10% gain is also 110k after one year.
My opinion is to focus on the Roth IRA, the gain from this Roth is tax free. The left over form it can be transferred to your heirs 😊😊
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 Veronica Hoy
I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week...
The first time we had tried, we invested $1400 and after a week we received $5,230. That really helped us a lot to pay our bills.
Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.
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
I reached 100k by age 30. I'll be 31 this year in September.
Roughy the same
Excellent job. I am hoping to get to it the next couple of years. I am lazy and I don't pick stocks I use the s and p, so waiting will be a big part of getting to the million. I'm 30 now and hopefully by 50 I'll be close or hit that number.
My Dad told me that he was working on his second million dollars. The first one was too hard, so he had moved on to work on the second million dollars.
Another friend told me that getting the second million dollars is easier than getting the first, because you have a millionaire friend helping you.
If you reach $100K as a single person, seriously consider a prenup that protects that account and all its future earnings.
Really? I have over $100k in an account but it does not feel like anything. In perspective that's barely 1 nice mid sized SUV and a down payment on a house anymore so I never considered it enough to protect.
@@Chiefkitnmitnz now imagine your wife of 5 years filing for divorce and going after your $100-200K in the Roth.
@AnnMitt good point. At 31 I'm guessing I'll have a few hundred thousand in retirement with what I have now. It's all index funds so not sure if it will get me through retirement but I'll keep putting money away.
@@AnnMitt People can go with $20K Per Year so the $100K gives People 5 More Years of more Wealth One Pricey Car is not worth it they lose 50% in the First years in Value
One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $200k of my savings in stocks this year, and I hope I make profits.
You are right. The best approach I feel is to diversify investments- by spreading investments across different asset classes like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
That makes sense. I’ve been using a financial market expert for two years now and I own a six-figure diversified portfolio from investing in stocks. I want to diversify more this year, though.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
Just research the name Jessica Lee Horst. You’d find necessary details to work with a correspondence to set up an appointment.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
26 here and just reached 100k investment milestone! 48k in my Roth 401k and 26k in my Roth IRA and 28k in my brokerage account!
Keep us posted on how long it takes you to get to 200k 🎉
"$100 a week, is basically skip one meal out a week." Dude where the hell are you eating that it cost $100 for one meal? I go out to eat with friends once a week and with a 30% tip my bill is usually under $20.
With 100K subs you know he might be eating at 4 or 5 star places only now... He is likely making a good income even if inconsistent. Yeah like so many finance UA-camrs they see very out of touch with what "lower income" people would do. People are no where close to "saving" $100 per week and the evidence was during Covid to that people are talking bad about gig apps.
To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough. I've been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market, what are your thoughts?
Since the crash, I've been in the red. I’m playing the long term game, so I'm not too worried but Jim Cramer mentioned there are still a lot of great opportunities, though stocks has been down a lot. I also heard news of a guy that made $250k from about $110k since the crash and I would really look to know how to go about this.
There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor.
Thats true, I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.
Impressive can you share more info?
Credits to 'Carol Vivian Constable' she has a web presence, so you can simply
investing 2k$ a month since 19, almost at 100k$ at 22 years old
Definitely, the current economic instability is causing a lot of concern. With factors like trade tensions and fluctuating markets, it's hard to predict what's coming next.
I can attest it works in reality if you can be patient and diligent
The whole point of wealth for me is freedom. My magic number in my mind is 5 million needed at 65 to not worry about anything. Am i better off investing a good portion of my income into stocks or saving my earnings to achieve this goal?
Varied sources of income is wise and especially living within your means. My net worth is $2M and I can pay my bills with no stress, but I don't live like I have that. I have no complaints.
Money advice is subjective, what works for you may not work for someone else, but it's always better to plan. I'm quite lucky exposed to personal finance at an early age, started job 19, bought first home 28, got laid-off work 36 amid covid-outbreak, and at once I consulted an advisor to handle growing my finance. As of today, I'm only 25% short of my $1m goal after subsequent investments.
@@mikegarvey17bravo! i'm 46, inherited money from a childless relative and traveled overseas, got married to a lady almost my age, but the only issue is how to preserve and grow my wealth in view of retirement, can your advisor be of help please?
Yes indeed.... *Gertrude Margaret Quinto* has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
Year 37. 1.9 million including home. All done on below average income. It can be done, but it takes some discipline.
Impressive, surely be some luck there too though?
@@playwithpassionyou call it luck I call it hard work
After two years saving, I'm at 170k. Can't wait to get to a million.
Took me seemingly FOREVER to reach the $100k mark. Now I’m roughly 1-2 years away from the $1M mark. Hoping to make it to $2M when retirement hits. Slow and steady wins the race!
Something important in this video that people maybe don't pay attention too much, and that is you need to TRACK your financial gains and losses. Its the only way to build discipline to keep you motivated. If you don't track it, you don't follow it, if you don't live it week by week, month by month it is easy to lose focus and give up. My dividend reinvestment started wity $7, its almost at $400 now, and i keep going.
My kid became a millionaire when he was 27. He became a MULTIMILLIONAIRE at 30. Life is good!! 🤣🤣🤣
Remember this works both ways when you have high interest dept! Becareful with credit cards !
Absolutely...good point
I’ve been working since I was 18 and started out with nothing. Currently I’m about to turn 24 and I reached the 100k mark last December. Based on my current savings rate of about 28k per year and compound interest, I should reach 200k by the end of 2026. My biggest goal is to retire in my mid to late 30s with a house fully paid off and around 500k invested. I really, REALLY do not wanna slave my life away and be forced to work until I’m 65. The fact that most of us work 40+ hours per week for 45+ years is insane to me, and in my opinion wasteful of our one short life. It’s the exact reason why I’m so frugal and mindful of my finances.
We are the same age I’ve been working and investing since I was 17. I hit 150k just recently. Do you have a discord server by any chance? I’d like to communicate with people who have similar mindsets.
1/3 is faster than I tend to hear. 1/4 sounds more realistic.
If you have high income and you put away 100k every 3 years then it will be much smaller of a fraction. Less than 1/5 in this scenario. But the good news is that your investment rate is going to boost your base like crazy. After 16 years you’ll be around 1 million. More than twice as fast. 36 years will see you at 5 million.
I've been playing with a calculator and it seems to depend very much on what your contribution amount. At $400/month, yes, it is 1/3 of the way. But if you contribute $1k/month (where I am almost at), it takes 6.45 years to get to $100k, and 26.07 years to get to $1 mil, which is about the 1/4 you are saying. And as you said, if you contribute even higher, the fraction of the journey that $100k accounts for is even smaller.
I am 27 and i just started my ROTH IRA and deposited the max for 2024! I feel stupid for how long it took to get my life straight. The problem here is, what is the best way to invest the money to grow to $1 million for retirement?
I believe every Investor should start with ETFs for a solid foundation, then diversify across asset classes and maintain disciplined, regular investing to minimize risks and maximize growth.
You don't need to find the next NVDA to succeed in investing. Just choose top-notch ETFs and partner with a financial advisor like I did. I turned $100k into $20,000 in annual dividends-a significant milestone for me today.
Impressive! I admit I'm scared about retirement as I turn 60 on my next birthday. I need to ensure I have enough money to survive on. How can I consult your advisor? My retirement account isn't performing well.
Whitney Kay Stacy" is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
Just over 200k and started investing my 401k at 25% about 480.00 every 2 weeks VFIAX plus another 250.00 a week into Amazon stock 139 shares 205 VOO 113 Apple only 2 NVDA but those shares are only going up hoping to retire in 14 years when I’m 62 🎉
I just reached 1M with NVDA including stock and options in 30 year old after 5 years investment ❤️
Earlier this week my portfolio hit $100k. This is my Roth and brokerage account combined, but it’s the same principle. I will soon see if $100k is the magic number they say it is. I get why it’s supposed to be the magic number in that interest really compounds once you have a large amount.
It's true!! I started picking up pop cans for $0.10... sure it's only ten cents... now everything gets related to pop can costs.
You want to order pizza? $23.90x10 cents
... that's 239 pop cans that I have to collect.
"No thanks!! I'll just make my own!!"
Learned this early around 23 years old. Im passing 350k right now at the age of 35.
Calculations show me well past 4 million when I hit 55.
I currentky make 100k a year after taxes and invest 30k of it each year. My wife makes 55k and so we live off the combined income after investment.
I am an active duty service member and I have been investing for a few years. I have reached a point where I could benefit from financial advice to improve my $160k portfolio which seems to be stagnant and maximize return on my investment.
You didn't provide detailed information about your portfolio makeup. However, I recommend seeking guidance from a financial advisor for a well-informed portfolio restructuring.
De-risk your portfolios, shore up your core holdings, and take some profits while balancing your portfolio allocations. I’d also suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a fiduciary financial advisor to guide you, that’s what works for my wife and I. It's been 6 years now and we've grown our portfolio to $1m.
This caught my interest. I worry that I have a couple more months before retirement, and I want to switch to using a financial advisor, but I don’t really know how to find one.
Monica Shawn Marti 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.
I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip
🙏🙏🙏Only God knows how much grateful i am. After so much struggles I now own a new house and my family is happy once again everything is finally falling into place!
Thank you Jesus🙏🙏🙏, $32,000 weekly profits Our Lord Jesus have lifted up my Life.
Hello how do you make such monthly ?? I'm a born Christian and sometimes I feel so down 🤦 of myself because of low finance but I still believe in God 🙏..
Thanks to my co-worker (Alex) who suggested Mrs Mary Elizabeth Webb ..👍
After I raised up to 325k trading with her I bought a new House and a car here in the states 🇺🇸🇺🇸 also paid for my son's surgery (Oscar). Glory to God.shalom.🙏
What you are doing is not Christian...Scammer!
Reached my first $100K last year at 23. Bought a bad rental property and about a year later I’m just under $100K. Thinking of selling the property and strictly investing in vanguard index funds. Hoping to become a millionaire before 30
What went bad with the investment property
@@Starinvestnestout of state. Bad neighborhood. Overpaid. I was anxious to get into real estate and jumped the gun
The day I made a month’s pay from one of my minimum wage jobs just because the stock market hiccuped up 1% thanks to a $100,000 portfolio was eye opening.
the stock market was negative 27% of the last 94 years. This simple model is not reality. A 50% haircut like 1999 sets you back decades.Then you get another 50% haircut in 2008. Each 50% loss requires a 100% gain to get back to break-even.
100,00 $ was a big deal 4 years ago. Now the inflations has kill everything .
thanks sleepy joe
One of the best and underrated channels
Thank you 🙏
The tough part is having the spare funds in the current economy. Especially for someone just starting out.
On the flip side, also rough if you have a set back or don’t start until you’re 45
Another great video on compound interest!
That's fine, but theoretical. Life isn't linear - it will surprise you
I think the power of saving hit home when I got into the 30ks if the market went up .5% in a day on 30k that would be 15 dollars divide that by 8 hour, standard work day, you get 18.75 an hour. Obviously you don't get that peformance every day or even most days but it shows how much work your money can do
While investors are preparing to celebrate this year's soft landing, economic data doesn't appear to be cooperating, I’ve heard testimonies of people accruing over $250k this red period. What measures can I take to ensure this?
A solid strategy can be a key component of an investor’s portfolio. Well, the bigger the risk, the bigger the reward and such impeccable decisions are better guided by professionals.
Very true. Despite having no prior investing knowledge, I started investing after the pandemic and pulled in a profit of approximately $950k that same year. In reality, all I was doing was getting professional advice.
Absolutely true. I started investing following the pandemic despite having no prior experience, and I made about $950k in profit that year. Actually, all I was doing was seeking expert counsel.
How do I find this financial counselor ?
I've changed advisors a few times before settling on "Melissa Jean Talingdan," whose assistance is excellent. You can definitely get her fundamental information by doing more research on her on your browser, in my opinion.
So what are really the best strategies to make our portfolio recession proof. my wife is already panicking, so many questions! will the rate cut next month lead to inflation? I'm very worried about my $1million stock portfolio losing value. It lost 20 % today alone
Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.
True, my portfolio took a massive hit in 2022, and I almost sold everything to switch to cash savings. However, I was advised to consult a financial advisor. Following the guidance of this CFA, my portfolio started increasing by 10% monthly. She had anticipated the crash and rebalanced my portfolio accordingly.
bravo! I appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
The decision on when to pick an Adviser is a very personal one. I take guidance from Vivian Jean Wilhelm to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.
This is the way. Start as early as possible and increase the amount invested every month with each pay increase.
I’m 37 and just reached 300k
how did you do it and how much did you have when you were 24
@@resared8538 started investing at 19yo while saving 10% of my income . At 24 yo my balance was 18k. As my income grew i started to save more which is now at 25% savings rate.
I'm right with kpad at 36yo I started at 22 as a firefighter making 35000k a year at that time I had about 16000k at 24yo in my 457 which is like a 401k I was putting in 20 percent of my pay I could saved more wish I would have at that time. I hope that's helpful to you.
Kpads got it right when you get a raise its a chance to increase your wealth by investing or saving your money . 95 percent of people get a raise they go buy toys and things they don't need. Years later the toys are broken and they missed their best chance at building wealth. Don't be the 95 percent.
I’m a at 48k. Should be at 100k in 2 years. I’m leaving this comment so if anybody wants to know how I got in, check in
This video offers a great perspective on how compound interest builds wealth over time. The breakdown of how much money comes from contributions versus interest at different stages is particularly insightful. It motivates me to start investing early!
One question I have is about reaching the million-dollar mark sooner. The video mentions a few factors besides math that can accelerate growth. Can you elaborate on some specific strategies to potentially reach that goal faster?
Every video about money and investment has a comment section FULL OF BOTS. This kind of thing is rare to talk about in person, so I like reading comments from real people..
I would love to hit over 500k by 40. I’m at 250 with 3 years to go…
It took extraordinary effort to hit 200k! I’m excited to see what 5 years will bring. I’m not taking my foot off the gas till 60s.
Over 300k.. However I won't live long enough to see 1M.. great that I started but sadly too late. I didn't know how ANY of this worked till I was 50 and then it took 7 more years to dump debt and be able to put money away.. I certainly don't have 30 more years and won't ever make enough to cover the million mark.
Chris always has an awesome perspective… I had to watch this one twice! Great video
Thanks for watching!
On my way to my first 100k next year. Gonna be a little bit more than 3 years starting from zero. I know I'm not there yet, but I'm really close. Not a lot of resources that talk about the journey from 100k to 1mil. I do hope that it will get easier.
Yeah if everything was as simple as a middle school maths problem. Market may crash and it may take years or even decades to recover, that’s a possibility people especially those closer to retirement must consider. No gain is risk free
I can’t wait to hit a million one day! To the moon 🌕 ! Watch me work 😤
This assumes an ever increasing stock market. The world is finite so infinite growth is not possible. That’s why many companies are only seeing profit increases by mergers and layoffs.
Great video. I am 43 with 495K
I think the saying was “the first cut is the deepest”.
I was the dummy who got tired of seeing his 401k do nothing after the recession for a few years and cashed out.Got back in and won’t ever stop again.
Fund value can go up and down. There are people becoming half a millionaire after becoming millionaire, due to market selloff and financial crisis.
Hi Chris, could I ask what software you use to create your visuals in the videos? Great videos thank you for the information.
More or less kept to this in 401k, some years (2008 for example) dropped quite a bit but for the most part 8% has been the average return
Rule of 72 is a handy rule of thumb calculator. 72 divided by interest rate = # of years for your money to double.
72/6 = 12 years. 72/8 = 9 years. 72 / 10 = 7.2 years.
Well I’ve hit quarter mill working a blue collar job with three kids and my wife is a stay at home mom . It can be done .