You work for 42yrs to have $2m in your retirement, Meanwhile some people are putting just $20k in a meme coin for just few months and now they are multi millionaires I pray that anyone who reads this will be successful in life
How did you manage to achieve that level of growth? I've been trying everything I can to improve my investments, l want to retire in a few years and I need a better diversification
I'm celebrating £32K stock portfolio today... Started this journey with £3K.... I've invested no time and also with the right terms, now I have time for my family and life ahead of me.
If your teen holds Brian in high regard he has a chance! Let Brian be his mentor, he will lead him in the right direction. Trying to get my kids on this too. They're grown and making good money now but not on the investment train yet.
Isn’t that the truth. I had probably around 170k at the age of 26 from playing poker and I was clueless about investing because my dad or any other family member really did it. I’m 45 now and pound into my son(who’s 16) and any younger people I meet at the gym or wherever.
Truth- We grew our investable net worth from 85k in 2019 to 680k in 2024 . Paid of debt, paid off house. Currently saving 35% of gross income. Retiring next year.
The information you present on your YT channel is informative, useful, and honest. There is a lot to learn from you; many are watching and paying attention to every word you say. Thank you for the work that you do.
Lack of Knowledge & Research - Many investors struggle with understanding financial statements, company fundamentals, and market trends, leading to poor investment decisions.
Take the time to learn the basics things like financial statements, market trends, and key investment principles through books, courses, or trusted financial news. And before investing in a company, do some research on its financial health, competition, and industry trends to make smarter decisions.
That makes a lot of sense. I remember my financial advisor telling me the same thing when I panicked during a market dip last year. I was tempted to sell everything, but she reminded me that markets bounce back and that my portfolio was diversified for a reason. Instead of making an emotional decision, I stuck to my plan-and sure enough, things recovered. That advice saved me from a costly mistake
Recently, I've been considering the possibility of speaking with consultants. I need guidance, but I'm not sure if their services would be all that helpful.
My CFA ’Grace Lorraine Austin’ is a renowned figure in her line of work. and is a valuable resource for anyone looking to navigate the financial market. I recommend researching her credentials further. She has many years of experience
I had around 30k net Worth in 2012 at age 28 when i bought my first home in LA. Than got a second home in 2017 and rent my first one. Now today at 40 years old with a family of 7 i have around 1.1M net worth. And making under 100k in the past 10 years. Hope i am on track to having over 5M by the time i retire. 🙏
nice bro! where did you buy in 2012 with 30K lol Curious bought my first property 2022 at age 26 in South LA, 500K Duplex that needed work. keep going bro! keep inspiring.
The S&P average annualized return since its inception in 1928 through 2023 is 9.90%. The average return since adopting 500 stocks in 1957 through 2023 is 10.26%. Brian is correct. The problem for most people is that they never use the keys they have been given. You must start investing. The door will never open if you don’t insert the key. Key = money.
I saw this happen with my wife's 403b..First 18 years of contributing, we got to $95,000...all her $ was in fixed funds...in March 2020 market collapse, I got her $ into stock funds...She is now back into TIP fund with $220,000..We have been fortunate to be able to put in at least $10,000 every year for the the past 4 years. Her employer has been matching 6% for the last 23 years
@@2alawabidingcitzen facts, I used to watch Graham years ago but it's the same clickbait BS with overdone thumbnails and repetitive talking points.. Brian where its at
I just have to applaud your content man, well done. Long term investor's know that the market and economy will recover eventually, and investors should be positioned for such a rebound, I gained $180k from bitcoin of 2021. Before the market crash and now am buying again, adding more at a time. Having a good financial advisor like joanna claire, it will add to your success in the crypto market.
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed Broker and a FINRA AGENT in the United States.
La force unique de Patricia réside dans son approche réaliste qui la différencie des autres courtiers qui se fixent souvent des objectifs inaccessibles et ne parviennent pas à les atteindre.
Because they very deliberately don’t WANT you to learn this in school. If everyone knew this it would be bad news for the rich people exploiting us all.
Brian, First, Outstanding graphics. Easy to read and paced well. I appreciate these free classes and hope to pay you back by retiring comfortably. Please continue these types of videos from time to time. They are very informative and easy to understand.
True, I started out with minimum wage @ $1.25 hour, now have $2.5 million. Took from 1972 to 1996 to build my first $100k, got knocked back down to zero many times but eventually made it, in Dec 1989 with my last $13 dollars I bought a 1889 silver dollar and decided that was my good luck coin and made it from zero to $100k in 1996, from 1996 to 2010 it grew to $1 million, retired with $1.55 million in July 2012, grew to $2.5 million during retirement in August 2024, still have that silver dollar in my pocket. 10% seems high, my average gain over last 12 years has been 5.3% but that includes withdrawals for living expenses.
How did you turn $100k to $1M in 14 years when your average gain was 5.3%? it doesn't add up? "made it from zero to $100k in 1996, from 1996 to 2010 it grew to $1 million"
As someone who just recently started making over 100k about 3 years ago, it's mostly because you start to realize that buying expensive stuff doesn't really change your life or make you happier, and secondly you have extra money to invest and make even more money.
I achieved it by age 28 after moving to the UK with only £700 at age 20. Education is the key to success! It feels great to have a plan and see it working.
Finances are exponential. Live above your means, borrow, and your debt can spiral exponentially. Live below your means, invest, and your net worth can grow exponentially.
Yes but it depends on the whims of the market. In 2022, investing would have actually caused you to lose money. Higher interest rates have subdued the market. I’m hoping things will change soon. I am heavily invested in tech and my returns have been meh the past two years
It‘s the same principle when doing vom 1k to 10k, or going from 10k to 100k. So the 100k is simply the point where your money will make enough money to be literally life changing. But you can also use these principles to grow small amounts of money, so don’t feel discouraged!
I’ve always been an advocate of investing too because it has paid off handsomely since I decided to dabble in it. I've seen my net worth grow exponentially the past 2 years.
Jonas Herman’s analysis isn’t just about short-term gains; it’s a solid long-term strategy. I have had great relief working with him as my previous experiences with others were dreadful.
Just hold through bear markets. Don’t panic sell during the dip. Also if you’re near retirement age take some money out of the market so you don’t feel pressured to sell.
Just put it in an Index fund and forget about it. Market return varies year-to-year but the historical rate of return has been about 10 percent on average for the last 30 years.
JM - But what does Brian get for lending you $100K for a 4 year period? That would be a very bad investment of HIS money. High risk and ZERO return. Go get two jobs and WORK HARD for your money.
Meh. U were born in the right time . We’re entering an era of massive credit contraction , after the greatest run of credit expansion of all time . This whole video is moot
As always thanks for sharing Brian. from 54800.34 in debt 14 years ago to worth mid 7 figures not bad for a bastard child with only a GED, but with hell of a work ethic and some damn good mentors like YOU BRIAN. Of course my bride allowing me to do the extreme things I did to get us here, thanks Sweetpea!
I’ve had 100k since 2017 and the reality is that your money doesn’t double every year. The biggest contributor to my money growth is still my income source and savings.
The one cent doubling scenario was only used to show compounding. Find something that gives you min of 4% not those silly savings accounts that gives you pennies of return.
It's not guaranteed every year, it's the S&P 500 average return over the last 100+ years. Some years lose 5% while others make 20%. It all averages out. The only way to make that return is by investing. You can't drop it off at your bank and expect that type of interest.
Very true. Witnessed it 1st hand in my 401k & Roth IRA accounts. The moment my investment passed $100k, it has been a steady 20% growth year after year. By time I reach 59.5 for withdrawal, I'll have over $200k annual dividends tax free to spend from my Roth alone, on top of the capital gain in the millions.
At age 70, I'm finding I need that $500 Month dividend from 130k just to stay even these days. It's all liquid in a HISA. Yes, I'm the exception as I got it though a judgement last year. I need those funds liquid as the time will come when a new vehicle is in order, a new roof on the house or just spending in down living life while I can. Having an extra 100k is different when you reach my age versus someone 30 or 40. Just my take on things.
Great advice about using a reputable bank. Make sure it’s FDIC insured too. I was personally affected by Blockfi and FTX bankruptcy, and my heart goes out to the Yotta bank victims. Everyone should learn this lesson
Wish I could shout this part at around 7:24 into everyone's ear. I know plenty of friends and family who become total cheapskates to increase their savings, but the part that helps the most, in my experience, is learning how to: -- Training up - If you work at McDonald's, become the manager, a literal 19-year-old can do it, why aren't you? Don't be and don't surround yourself with the type of people that say: "I don't want the responsibilities" while also complaining that their bosses have it so easy. They're confused about which one it is in the first place, don't let the blind lead you. - Negotiate salaries - Spot dead-end jobs and LEAVE for a better job before you waste time trying to get raises there - Constantly apply to new jobs, even when you have a job, if not especially when you have a job, to ensure that you're always moving toward the best salaries at better companies. Every interview is practice, so it doesn't matter if you don't get the job, it matters that you're learning.
@@YeshuaKingMessiah brother that is the shortsighted thinking I'm talking about. You're tripping over a 4 dollar difference that you'll only have to put up with for about 4-5 months before you hop somewhere else?
@@AubryRugBurnI interpreted his statement as the added responsibility is WORTH $5 an hour more but the actual PAY is only $1 hour more and not worth the headache
I'm 72. I just spent £600 on a pair of shoes. The advertising says they'll last "a lifetime". I couldn't help telling the sales person how unfortunate that claim was in my case.
@jasonhice Not really. I just pulled this up when I read your comment. The S&P 500 is a market capitalization-weighted index of the 500 leading publicly traded companies in the United States. The S&P 500 has delivered an average annual return of 10.13% since 1957, but when adjusted for inflation, the real return drops to 6.37%. (Dec 26, 2024)
@@carycoller3140 Yes, that is accurate numbers from Investipedia. But two things, first, Brian wasn't adjusting for inflation in this video. Second, that number is going all the way back to the 50s. If you go over the last decade ending in 2024, the average is 13.3% or 10.02% when adjusted for inflation.
If you have good credit PMI is legit not even a big deal at all. On a $600,000 loan my PMI on a 30-year amortization is only $118/month. Don't let PMI and Dave Ramsey scare you away from getting into a house!!!
Yes, the first home I bought, I had PMI. I could only save 10%, there was no realistic way of me getting 20%. I did try to get rid of that PMI as fast as I could though.
Never did PMI. First home $185k in mid 90’s. 20% $37k. Sounds small but was done on around 30k salary at the time. Sold 7 years later at $350k. Had enough profit to put 20% down and buy $500k. Home now worth $1.5 million. So my initial $37k turned into $1.5 million.
This advice is nothing new. The real advice people need to hear is, "Unless you are willing to suffer to get to $100k, you are almost guaranteed to stay broke if you live like you are rich now."
I just started investing 2 years ago, I'm currently at $12k. I'm pretty pleased with my hard work. I do dollar cost averaging, a set amount every month. I also have a Roth IRA $4k, so it's split in both accounts. I wanted one account for the next 10 years and the other one for 59 years old.
FYI you should max your Roth out first before any brokerage investing. It’s tax free on earnings and you can withdraw your contributions with no penalty. It’s a win-win.
My first 100k took forever, my second $100k felt like it happened practically overnight. This is good advice for everyone working towards saving/investing for their future, and probably the best video I've seen yet on the topic.
Yes sir! I lost all my wealth in a divorce 14yrs ago. I even dipped into my IRA. I was paycheck to paycheck for a long time. I slowly invested (dca) in the stock market in 2015 and also learned about digital assets in 2020. I can breathe again... I'm not rich, but will be well off by time I'm 60. It doesn't happen overnight, start now. Don't spend money on foolish things. Enjoy what you have.
I hit 100k in May and I’m now at 180k I need guidance on where to put my money it’s just liquid at the moment any guidance on where and how to start? 37 year old
good job, you're probably already reached Coast-fire. I'm at 520k at 45 years old and should be on track to retire early. That day cannot come soon enough. Work sux.
I’m using my equity to move out of state and buy a house cash. Got over $100k in investments and an emergency fund. Zero debt! You have to hustle and sacrifice.
Investors should use their money continuously, in my opinion, especially In 2025, the market will start to diversify even further. Given recent stock success, it becomes sense to invest my $460k portfolio in conclusion that the stock market is the best intelligent investment accessible. Certainly, others agree.
I think the smartest way to go is to spread out your investments. By putting your money into different asset classes like bonds, real estate, and stocks, you can lower the risk if one part of the market goes bad.
I agree. Exactly why I now work with one. 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
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
SHERRY DAWN CARRICO 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.
I hit 100k in May and I’m now at 180k I need guidance on where to put my money it’s just liquid at the moment any guidance on where and how to start? 37 year old
Get a Copy of My Book on Amazon: www.amazon.com/dp/B0DSLT8SRZ
This book will teach you how to expedite your wealth-building journey!
I hit my first 100k last year at age 31. I’m so happy!!!!!
Hit it last year at 30, on the road to 200K. Nice to see that with 100K, you're already 50% until 200K.
Nice. I want to buy MSTR when the market crashes in a few weeks
@@traivon3760 congrats brother :)
Nice job !👍
Nice job man!
I appreciate how straight to the point you are and that you don’t promote so many ads on your videos! Thank you for your seriousness!
you didn't see two ads?
I seen one ☝️ and I’m glad only one at the end.
They just made me watch a 2 minute ad that wouldn't let me skip
Had I known when I were young. But I shared with my two daughters ages 22 and 18. They're gonna be good because of you! Thank you
This video is spot on! Books like The Secret Doctrine of Wealth offer more value than years of college. It’s all about self-education.
W book
Who is the author
You work for 42yrs to have $2m in your retirement, Meanwhile some people are putting just $20k in a meme coin for just few months and now they are multi millionaires I pray that anyone who reads this will be successful in life
How did you manage to achieve that level of growth? I've been trying everything I can to improve my investments, l want to retire in a few years and I need a better diversification
It's Katherine Grace Maier doing, she's changed my life.
The first time we had tried, we invested €14,000 and after a week we received €50,230. That really helped us a lot to pay our bills.
I'm new at this, please how can I reach her?
I'm celebrating £32K stock portfolio today... Started this journey with £3K.... I've invested no time and also with the right terms, now I have time for my family and life ahead of me.
I think you're the man! Selling nothing and providing invaluable advise. Truly for the people.
Shared with my teen, he doesn't listen to me, he holds you in regard, so hopefully he'll listen to you
If your teen holds Brian in high regard he has a chance! Let Brian be his mentor, he will lead him in the right direction. Trying to get my kids on this too. They're grown and making good money now but not on the investment train yet.
Robert keyosoki is good also
Sigh, just let teens be teens.
Funny I did the same thing with my 15 year old son.
@@desperanto. How's that working for Baltimore? Detroit? LA? SF? Hahaha... 'Cause 14-year-old girls are so insightful? Hahaha...
Brian is the older cousin or uncle that I needed when I was growing up.
Isn’t that the truth. I had probably around 170k at the age of 26 from playing poker and I was clueless about investing because my dad or any other family member really did it. I’m 45 now and pound into my son(who’s 16) and any younger people I meet at the gym or wherever.
@@sammyjones2180Paaaause!!!
Truth- We grew our investable net worth from 85k in 2019 to 680k in 2024 . Paid of debt, paid off house. Currently saving 35% of gross income. Retiring next year.
Brian Kim tells it like it is... no entertainment, no fluff, straight up factual insights looking out for the common citizens' benefit. HERO!
Brian, you are one of the rare few giving out fantastic and high value facts about growing wealth. Thank you.
The information you present on your YT channel is informative, useful, and honest. There is a lot to learn from you; many are watching and paying attention to every word you say. Thank you for the work that you do.
A man full of wisdom and a no non-sense attitude. Have a great weekend, Brian, and thank you for sharing all your knowledge.
Investments are the roots of financial security; the deeper they grow, the stronger your future will be."
I would love an introduction to an adviser who can help me strengthen my financial roots.
blah blah blah shut up this stupid advertising
Wow the scam is changing. Sorta
😊😊
Lack of Knowledge & Research - Many investors struggle with understanding financial statements, company fundamentals, and market trends, leading to poor investment decisions.
Take the time to learn the basics things like financial statements, market trends, and key investment principles through books, courses, or trusted financial news. And before investing in a company, do some research on its financial health, competition, and industry trends to make smarter decisions.
That makes a lot of sense. I remember my financial advisor telling me the same thing when I panicked during a market dip last year. I was tempted to sell everything, but she reminded me that markets bounce back and that my portfolio was diversified for a reason. Instead of making an emotional decision, I stuck to my plan-and sure enough, things recovered. That advice saved me from a costly mistake
Recently, I've been considering the possibility of speaking with consultants. I need guidance, but I'm not sure if their services would be all that helpful.
My CFA ’Grace Lorraine Austin’ is a renowned figure in her line of work. and is a valuable resource for anyone looking to navigate the financial market. I recommend researching her credentials further. She has many years of experience
Just ran an online search on her name and came across her website; pretty well educated. thank you for sharing.
I had around 30k net Worth in 2012 at age 28 when i bought my first home in LA. Than got a second home in 2017 and rent my first one. Now today at 40 years old with a family of 7 i have around 1.1M net worth. And making under 100k in the past 10 years. Hope i am on track to having over 5M by the time i retire. 🙏
leave Kali and you can retire without worry
over 2 mil net worth from real estate.
nice bro! where did you buy in 2012 with 30K lol Curious bought my first property 2022 at age 26 in South LA, 500K Duplex that needed work.
keep going bro! keep inspiring.
Great! But, target to 10m at least. By the time you retire your 5m will like 1m in today’s money.
Which bank pays that kind of interest? Let me know please
Brian is correct, I know and am living it. The "magic of compounding." Everyone wants to get rich fast but getting rich slowly does work.
100%!
Really...🤔
Let us in on where you're getting 10% on your money. 💰🤔
Safely, not high risk
I'll move my money there tomorrow.
The S&P average annualized return since its inception in 1928 through 2023 is 9.90%. The average return since adopting 500 stocks in 1957 through 2023 is 10.26%. Brian is correct. The problem for most people is that they never use the keys they have been given. You must start investing. The door will never open if you don’t insert the key. Key = money.
@@robertd..17investing where?
How do we compound?
I apologize for my ignorance
Net worth 15k
@@JesusGarcia-cs9wl bitcoin. You can easily 2-5x your money if you hold whatever you invest for 5 years.
I saw this happen with my wife's 403b..First 18 years of contributing, we got to $95,000...all her $ was in fixed funds...in March 2020 market collapse, I got her $ into stock funds...She is now back into TIP fund with $220,000..We have been fortunate to be able to put in at least $10,000 every year for the the past 4 years. Her employer has been matching 6% for the last 23 years
This channel is binge worthy, no ads and the best money advice with zero fluff added
I have been watching too many financial advice videos on UA-cam but nothing so direct, clear and straightforward like yours. Thank you for sharing
The continued shots at Graham Stephen LOLL
hahaha I was just about to comment the same thing. 😂 😂
Brian straight up destroying him, too. Brian is easily the best finance channel on YT, straight to the chase.
I love it I stopped watching bro cuz of B cuz I started seeing what he was talking about with him. He don't provide no value nothing like B
We love it.
@@2alawabidingcitzen facts, I used to watch Graham years ago but it's the same clickbait BS with overdone thumbnails and repetitive talking points.. Brian where its at
"Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.”
-Albert Einstein
If you get married your wife will neither understand this or care and she will bankrupt you.
😂 don’t worry the IRS is going to whisper give me all your money. Cause you will own nothing and be happy. 🤫🤫🤫🤫🤫🤫🤫🤫🤫🤫
Not like we heard this one before 😅
@shanedavison7473 😂😂😂 I'm a wife, and I'm the investor in my household. But, statistically, you're likely right 🤣
@@DaisyJamesCo Sorry, there are always exceptions. I have just not encountered any so far.
Down to earth simplicity! Love it.
I just have to applaud your content man, well done. Long term investor's know that the market and economy will recover eventually, and investors should be positioned for such a rebound, I gained $180k from bitcoin of 2021. Before the market crash and now am buying again, adding more at a time. Having a good financial advisor like joanna claire, it will add to your success in the crypto market.
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed Broker and a FINRA AGENT in the United States.
You trade with joanna claire too? Wow that woman has been a blessing to me and my family
I’m new at this, 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.
she's mostly on Telegrams, with the user name.
Bonjour, je ne connais rien à l'investissement et je cherche à investir, de l'aide ? Et à qui puis-je m'adresser ?
Aujourd’hui, la plupart des gens ont connu de nombreux échecs en matière d’investissement en raison d’une mauvaise orientation et de mauvais experts.
Il est sage de demander conseil à un professionnel lors de la constitution d’un portefeuille financier solide en raison de sa complexité.
Je pense que j'ai de la chance, sinon je n'aurais pas rencontré quelqu'un d'aussi spectaculaire qu'patricia strain
La force unique de Patricia réside dans son approche réaliste qui la différencie des autres courtiers qui se fixent souvent des objectifs inaccessibles et ne parviennent pas à les atteindre.
C'est formidable d'en voir d'autres qui bénéficient également du service de Patricia Strain
Why wasn't I taught this in Jr. high school?? GEESH! Your a very smart man Brian, I wish you were my teacher in Jr. High... Blessings
Because it's a pawnzy scheme that works only if there's an inflation. Aka assets growing up by 10% for many many years mostly because of inflation.
When I was in Jr High... Apple was trading at $0.25
So... I blew my future wealth on Pac Man and Super Mario
This has been around forever. Einstein said compounding is one of the most powerful forces in the universe.
He's too smart to apparently to have taught at your school. "You're". :)
Because they very deliberately don’t WANT you to learn this in school. If everyone knew this it would be bad news for the rich people exploiting us all.
I'm at $49k at 24, excited for $100k
Great result at 24 already. You're well on your way. Keep going.
Nice work bro i am at 10k$ at 20. My goal was 100k$ this year but did not reach it. Good luck with ur journey ❤
@@tycondero1647 thank you!
@@failedsociety0 thank you! You're doing even better than me!! Keep it up man!
You’re ahead of the game
Brian,
First, Outstanding graphics. Easy to read and paced well. I appreciate these free classes and hope to pay you back by retiring comfortably. Please continue these types of videos from time to time. They are very informative and easy to understand.
Thanks!
Simple and straight talk, no bs no drama. Thank you sir !!
You and Holy Schmidt... no nonsense financial advice without sensationalism
Agreed!
True, I started out with minimum wage @ $1.25 hour, now have $2.5 million. Took from 1972 to 1996 to build my first $100k, got knocked back down to zero many times but eventually made it, in Dec 1989 with my last $13 dollars I bought a 1889 silver dollar and decided that was my good luck coin and made it from zero to $100k in 1996, from 1996 to 2010 it grew to $1 million, retired with $1.55 million in July 2012, grew to $2.5 million during retirement in August 2024, still have that silver dollar in my pocket. 10% seems high, my average gain over last 12 years has been 5.3% but that includes withdrawals for living expenses.
😂😂
Yer it’s good to be lucky
miken, love your story. congrats!
How did you turn $100k to $1M in 14 years when your average gain was 5.3%? it doesn't add up? "made it from zero to $100k in 1996, from 1996 to 2010 it grew to $1 million"
@ranp237 I got serious, cut expenses, increased savings to over 50% of income plus interest rates were higher back then
What Brain said is the truth. I'm at year 13 on my journey and I see that explosive growth.
Brain? 🧠
As someone who just recently started making over 100k about 3 years ago, it's mostly because you start to realize that buying expensive stuff doesn't really change your life or make you happier, and secondly you have extra money to invest and make even more money.
I achieved it by age 28 after moving to the UK with only £700 at age 20. Education is the key to success! It feels great to have a plan and see it working.
This is the most honest and real video I've ever seen on UA-cam. Thanks for this! I will start spending less from today
Finances are exponential. Live above your means, borrow, and your debt can spiral exponentially. Live below your means, invest, and your net worth can grow exponentially.
Yes but it depends on the whims of the market.
In 2022, investing would have actually caused you to lose money.
Higher interest rates have subdued the market. I’m hoping things will change soon. I am heavily invested in tech and my returns have been meh the past two years
It‘s the same principle when doing vom 1k to 10k, or going from 10k to 100k. So the 100k is simply the point where your money will make enough money to be literally life changing. But you can also use these principles to grow small amounts of money, so don’t feel discouraged!
Agreed
I’ve always been an advocate of investing too because it has paid off handsomely since I decided to dabble in it. I've seen my net worth grow exponentially the past 2 years.
Hi not everyone is as fortunate as you with trading. Can you share how you are able to do it?
Jonas Herman’s analysis isn’t just about short-term gains; it’s a solid long-term strategy. I have had great relief working with him as my previous experiences with others were dreadful.
That's your view. In my experience, there is no such formula, it is nearly impossible to achieve success with investing. It’s all just gambling.
I just delved into investing but it seems too complex for me. I'm barely making any progress. Can he help me?
Hermanw jonas that’s his gmail okay
You’re a very good teacher. Clear on concise.
The problem is consistently making 10 percent on your savings, the loss of value of your savings and the inability to save 10k every year
He’s ridiculous
@Slov_ easy to say hard to do, the higher the return, higher the chances of loss
@@dimitrovbmw my 100k portfolio says otherwise...
Just hold through bear markets. Don’t panic sell during the dip. Also if you’re near retirement age take some money out of the market so you don’t feel pressured to sell.
Just put it in an Index fund and forget about it. Market return varies year-to-year but the historical rate of return has been about 10 percent on average for the last 30 years.
This guy is the only financial guy on YT I subscribe to
Same
Brian let me borrow $100K, I’ll pay it back in 4 years😂
You didn't get the point. It is NOT 100K alone will get you to 1M, it is consistently saving up 10K each year with investing to get you the 1M.
@@datbio7302 Exactly. Thank you for making that point.
JM - But what does Brian get for lending you $100K for a 4 year period?
That would be a very bad investment of HIS money. High risk and ZERO return.
Go get two jobs and WORK HARD for your money.
😂😂😂😂
@@datbio7302 I sure it was just a joke😂
I appreciate the transparency and honesty you always have in your videos. It’s exactly why I always share your videos with all my family members.
Subscribing for you calling out scammers. Respect you for that. Thank you for keeping community safe
This is so true. It feels like yesterday I broke $100k, now I'm at $1.6.
Stocks?
Meh. U were born in the right time . We’re entering an era of massive credit contraction , after the greatest run of credit expansion of all time . This whole video is moot
Congrats bro
6 years 250k in your time... not timing called discipline.
As always thanks for sharing Brian. from 54800.34 in debt 14 years ago to worth mid 7 figures not bad for a bastard child with only a GED, but with hell of a work ethic and some damn good mentors like YOU BRIAN. Of course my bride allowing me to do the extreme things I did to get us here, thanks Sweetpea!
You have 5 million?
That’s great. College degrees are useless now anyway. You can literally learn more from UA-cam.
I’ve had 100k since 2017 and the reality is that your money doesn’t double every year. The biggest contributor to my money growth is still my income source and savings.
Are you well invested in funds that track the S&P 500?
Generally 7 years to double in spy
You may not be invested properly. We have had massive bull runs since 2017 and your $100k should be way more now.
The one cent doubling scenario was only used to show compounding. Find something that gives you min of 4% not those silly savings accounts that gives you pennies of return.
You should be getting about 8% annual return on average. This last year, the market was up like 20%.
Thank you for calling out disreputable effeminate scammers
You forgot to say how to get 10% return every year guaranteed please
It's not guaranteed every year, it's the S&P 500 average return over the last 100+ years. Some years lose 5% while others make 20%. It all averages out. The only way to make that return is by investing. You can't drop it off at your bank and expect that type of interest.
Returns vary by yr, but S&P Index funds are up 35% this year. - Check it out with discount brokerage’s like Vanguard, Fidelity or Schwab.
🖖😎
You noticed as well.
The average stock market return of the S&P 500 is about 10% annually - and 6% to 7% when adjusted for inflation
historic S&P returns, but there are also fees and taxes
...."the one that Graham Stephen promoted" I'm rolling on the floor 🤣
Very true. Witnessed it 1st hand in my 401k & Roth IRA accounts. The moment my investment passed $100k, it has been a steady 20% growth year after year. By time I reach 59.5 for withdrawal, I'll have over $200k annual dividends tax free to spend from my Roth alone, on top of the capital gain in the millions.
@@rniggardsonno its possible if you leverage your funds like fngu
20% average annual growth?? That’s fantastic!
At age 70, I'm finding I need that $500 Month dividend from 130k just to stay even these days. It's all liquid in a HISA. Yes, I'm the exception as I got it though a judgement last year. I need those funds liquid as the time will come when a new vehicle is in order, a new roof on the house or just spending in down living life while I can. Having an extra 100k is different when you reach my age versus someone 30 or 40. Just my take on things.
You might be the most honest person on the web sir, thank you for the knowledge
Great advice about using a reputable bank. Make sure it’s FDIC insured too. I was personally affected by Blockfi and FTX bankruptcy, and my heart goes out to the Yotta bank victims. Everyone should learn this lesson
Wish I could shout this part at around 7:24 into everyone's ear.
I know plenty of friends and family who become total cheapskates to increase their savings, but the part that helps the most, in my experience, is learning how to:
-- Training up - If you work at McDonald's, become the manager, a literal 19-year-old can do it, why aren't you? Don't be and don't surround yourself with the type of people that say: "I don't want the responsibilities" while also complaining that their bosses have it so easy. They're confused about which one it is in the first place, don't let the blind lead you.
- Negotiate salaries
- Spot dead-end jobs and LEAVE for a better job before you waste time trying to get raises there
- Constantly apply to new jobs, even when you have a job, if not especially when you have a job, to ensure that you're always moving toward the best salaries at better companies. Every interview is practice, so it doesn't matter if you don't get the job, it matters that you're learning.
No responsibility worth $5 an hr more for $1 an hr more
Nope
@@YeshuaKingMessiah brother that is the shortsighted thinking I'm talking about.
You're tripping over a 4 dollar difference that you'll only have to put up with for about 4-5 months before you hop somewhere else?
@@AubryRugBurn where u hopping,
Burger King instead?
Maybe DG
All those crappy places don’t get u a leg up to real $ jobs
@@AubryRugBurnI interpreted his statement as the added responsibility is WORTH $5 an hour more but the actual PAY is only $1 hour more and not worth the headache
Happy Friday Brian!
Happy Friday Midnight Toker! I wish you a great weekend!
Im 71 I doubt ill live that long at this point, but at least i have 100k
You’re fucked man
You got like 10 years left , enjoy it bb
@@austensmith6857damn alright we got god over here 🤦🏽♂️
He could live much longer than that if he lives healthy. Just don’t eat like an American. No seed oils. Little sugar. Low carbs.
I'm 72. I just spent £600 on a pair of shoes. The advertising says they'll last "a lifetime". I couldn't help telling the sales person how unfortunate that claim was in my case.
Everyone wanted this from UA-cam.. Thanks uploading this. ❤
Freaking love this guy! No BS, no scamming, no insane clickbait, just practical advice!
I drive an $1800 car and I got 63K in my IRA. Plan on retiring in 24 years. Let's keep the hooptie going!
How old are you?
I hope its toyota or honda lmfao
nice, sp500 or nasdaq index funds, slow and steady wins the race, youll def hit 2 to 3 million by retirement
Don’t retire
Don't rush into retirement. People degrade very quickly when they retire.
Brian is the Man when it comes to Money News and Money Making! Thank you Sir!
This is fucking true, the sheer confidence as well pushes you
Nice job. I hope everyone shares this with their friends and family. This is so true
The important lesson here is that NO ONE is getting 10% returns.
y?
That’s the key! He assume 10% 😂
That's lower than S&P.
@jasonhice Not really. I just pulled this up when I read your comment.
The S&P 500 is a market capitalization-weighted index of the 500 leading publicly traded companies in the United States. The S&P 500 has delivered an average annual return of 10.13% since 1957, but when adjusted for inflation, the real return drops to 6.37%. (Dec 26, 2024)
@@carycoller3140 Yes, that is accurate numbers from Investipedia. But two things, first, Brian wasn't adjusting for inflation in this video. Second, that number is going all the way back to the 50s. If you go over the last decade ending in 2024, the average is 13.3% or 10.02% when adjusted for inflation.
That shade thrown at Stephen Graham lol
This is the best truthful advise ever.
Yes, amazing video! Nobody understands the value of simply living below one's means and treating your money like your future depends on it.
I LOVE made my first 100k at 35. I am childfree too.
I hit 100k at 28, super blessed!
I appreciate that you acknowledge economic difficulties and realities, but you also keep it positive and hopeful.
Always great advice and helpful information. As always, thank you Brian. 👍
33 years old. 300K in my 401K. I'm hoping to retire at 50.
that is impressive
How are you going to access those retirement funds without severe penalty at age 50?
@@soundsnags2001 My retirement contract at work is 3% at 50.
@@x2dab184Don’t forget about Uncle Sam.
@@soundsnags2001 Put some money in taxable over the next 20 years to bridge to 59 1/2?
If you have good credit PMI is legit not even a big deal at all. On a $600,000 loan my PMI on a 30-year amortization is only $118/month. Don't let PMI and Dave Ramsey scare you away from getting into a house!!!
Yes, the first home I bought, I had PMI. I could only save 10%, there was no realistic way of me getting 20%. I did try to get rid of that PMI as fast as I could though.
Agree. My loan was about $540k and PMI is $78/mo
@@mandypdx yeah I don’t understand when people like Ramsey are like “PMI is $75-$100 per hundred thousand”. Like no dawg, no it’s not.
Never did PMI. First home $185k in mid 90’s. 20% $37k. Sounds small but was done on around 30k salary at the time.
Sold 7 years later at $350k. Had enough profit to put 20% down and buy $500k. Home now worth $1.5 million.
So my initial $37k turned into $1.5 million.
@@clearvaluetax9382so when can I drop or get pmi removed if the house going up in value
I love the length of Brian's videos and how they are cut to the chase! Simple and informational!
You genuine concern comes through. Thank you so much!
Thanks Brian 🙂
Thank you for all the support JR Raven! I hope you have a very nice weekend!
This advice is nothing new. The real advice people need to hear is, "Unless you are willing to suffer to get to $100k, you are almost guaranteed to stay broke if you live like you are rich now."
your advice is literally nothing new as well 😂
@@alonsoledesma9609 And yet it is the least given advice.
@@alonsoledesma9609none of their advice takes into account all the other factors required to end up with 100k IMO…
@@alonsoledesma9609he’s probably broke and angry at the world
I just started investing 2 years ago, I'm currently at $12k. I'm pretty pleased with my hard work. I do dollar cost averaging, a set amount every month. I also have a Roth IRA $4k, so it's split in both accounts. I wanted one account for the next 10 years and the other one for 59 years old.
FYI you should max your Roth out first before any brokerage investing. It’s tax free on earnings and you can withdraw your contributions with no penalty. It’s a win-win.
Congrats on the $12K David! That's awesome. You will gain more and more momentum. Keep adding and keep going. The Roth IRA is a good pick to do it in.
@@Mactakun Cool, I'll do that! I wonder if it's worth transferring my Robinhood money to my Roth IRA?
👍 great job! Keep going and don't stop.
@@DavidDavisDH
ROTH IRA is capped at $5,000 or $6,000 per year.
So keep that in mind ❤❤
My first 100k took forever, my second $100k felt like it happened practically overnight. This is good advice for everyone working towards saving/investing for their future, and probably the best video I've seen yet on the topic.
Dude just explained compounding in 10 minute video and people are in awe lmao
Yes sir! I lost all my wealth in a divorce 14yrs ago. I even dipped into my IRA. I was paycheck to paycheck for a long time. I slowly invested (dca) in the stock market in 2015 and also learned about digital assets in 2020. I can breathe again... I'm not rich, but will be well off by time I'm 60. It doesn't happen overnight, start now. Don't spend money on foolish things. Enjoy what you have.
I just wish I would have learned this lesson about 10 years ago. Now I'm trying to play catch up. I can't wait to hit that $100K.
This guy made you on the very least: determined, educated and hopefully successful for the future without charging you a penny!
1 of the most informative videos on UA-cam
Late bloomer, hit 300k networth at 39. Rapidly approaching our target goal. Keep strong everyone.
I hit 100k in May and I’m now at 180k I need guidance on where to put my money it’s just liquid at the moment any guidance on where and how to start? 37 year old
@@ChrisHernandez-t1j
Wait til the market crashes in 2025.
@@ChrisHernandez-t1j Bogleheads 3 fund portfolio
Very nice!
good job, you're probably already reached Coast-fire. I'm at 520k at 45 years old and should be on track to retire early. That day cannot come soon enough. Work sux.
"The first $210,000 is a bitch, but you gotta do it." Updating Charlie's quote for 2024.
if he was coming out of the grave 😂
I’m using my equity to move out of state and buy a house cash. Got over $100k in investments and an emergency fund. Zero debt! You have to hustle and sacrifice.
Fantastic and straightforward advice. I literally just hit 100 and am noticing the explosion right before I watched this video. Love it
Thank you for sharing your knowledge ! 😊
The example within the pennies is not the same because the growth there is by 100% not by 10%
The Pennie’s growth also has no guarantee of return
It is just an accelerated demonatration of principle of compouding.
Same principle though..
Investors should use their money continuously, in my opinion, especially In 2025, the market will start to diversify even further. Given recent stock success, it becomes sense to invest my $460k portfolio in conclusion that the stock market is the best intelligent investment accessible. Certainly, others agree.
I think the smartest way to go is to spread out your investments. By putting your money into different asset classes like bonds, real estate, and stocks, you can lower the risk if one part of the market goes bad.
I agree. Exactly why I now work with one. 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
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
SHERRY DAWN CARRICO 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.
Thanks for sharing, I just looked her up and I would say she really has an impressive background in lnvesting. I have sent out a message.
Title should be how net worth explodes 10-15 years after your 100k.
This guy is one of the few youtubers I always trust! Legend
This is the most valuable information ever! All internet financial gurus are just talking shit. Thank you ClearValue.
Inflation purely exist to keep the working man working and struggling.
VERY TRUE. Listen to this man.
It definitely exploded after 100k, I agree 100%
Yes, it was just a grind getting there. Patience and discipline.
@clearvaluetax9382 You hit the nail on the head "Patience & discipline," and I still buy heavily!
I hit 100k in May and I’m now at 180k I need guidance on where to put my money it’s just liquid at the moment any guidance on where and how to start? 37 year old
Once I reached my 100 K the next 80 came fast within three months
@@ChrisHernandez-t1j You reached 180k without investing? Buying index or etfs. I love VOO & QQQM
Great video with a haymaker at the end! Lol. Love it!
Thank you for this! Trying to teach my teenagers some of these principles but you laid it out much better than I ever could have.