Why Net Worth EXPLODES After $100,000 (The Math Behind It)

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  • Опубликовано: 6 сен 2024
  • Let's look at why the first 100k is the hardest. If you want to know how to save money fast, and more specifically, how to save 100k, then this video is for you. If you want to reach financial freedom, compound interest is your best friend. Saving the first 100k might seem daunting but trust me it gets easier.
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Комментарии • 253

  • @tonysilke
    @tonysilke 26 дней назад +622

    Taking early notes as to the importance of sound asset diversification and risk management It can’t be overstated. I’ve been trying to grow my portfolio of $300K for sometime now, I would greatly appreciate any other suggestions.

    • @Nernst96
      @Nernst96 26 дней назад +1

      Well the bigger the risk, the bigger the reward and such impeccable decisions are better guided by professionals

    • @PatrickLloyd-
      @PatrickLloyd- 26 дней назад +1

      Yes true, I have been in touch with a financial advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.

    • @PhilipDunk
      @PhilipDunk 26 дней назад +1

      I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

    • @PatrickLloyd-
      @PatrickLloyd- 26 дней назад

      'Amber Dawn Brummit ' is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.

    • @PhilipDunk
      @PhilipDunk 26 дней назад +1

      I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip

  • @Michael25ycl
    @Michael25ycl 12 дней назад +610

    What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.,...

    • @MrsStephanie5
      @MrsStephanie5 12 дней назад

      There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist

    • @patrica7
      @patrica7 12 дней назад

      I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders

    • @Keneth94
      @Keneth94 12 дней назад

      Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.

    • @patrica7
      @patrica7 12 дней назад

      NICOLE ANASTASIA PLUMLEE' is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.

    • @Keneth94
      @Keneth94 12 дней назад

      Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

  • @SarahTaylor_
    @SarahTaylor_ 2 месяца назад +267

    As someone passionate about investments, I often contemplate the strategies and paths that enable top-tier investors to amass wealth in the millions. While I possess a substantial initial capital, I am uncertain about the specific tactics or avenues that would facilitate achieving gains exceeding $400k, similar to those achieved by several others this season.

    • @danieltaylor--65
      @danieltaylor--65 Месяц назад +2

      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.

    • @JenniferDavis7630
      @JenniferDavis7630 Месяц назад +2

      Investment results might vary from investor to investor, even with the best strategy and suitable assets. Acknowledging experience's crucial role in investment success is essential. I realized this importance for myself and consulted a market analyst, which helped me build my account to around a million. Having carefully withdrew my profits before to the market downturn, I'm now taking advantage of buying possibilities once more.

    • @EthanBrown_23
      @EthanBrown_23 Месяц назад +2

      That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this coach?

    • @JenniferDavis7630
      @JenniferDavis7630 Месяц назад +2

      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.

    • @RobertBrown..
      @RobertBrown.. Месяц назад +2

      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

  • @mariafernandes8410
    @mariafernandes8410 6 месяцев назад +164

    One key sign of an investment management company's ability is not just how much money their clients make in good times-but how little they lose in the bad.

    • @harrymephistopheles2387
      @harrymephistopheles2387 6 месяцев назад

      The pressure from this dual competition is why investment management firms must hire talented, intelligent professionals.

    • @shirleybarbara7272
      @shirleybarbara7272 6 месяцев назад

      A major decline in asset prices can cause a decline in the firm's revenue, especially if the price reduction is great compared to the ongoing and steady company costs of operation.

    • @andyraymond61
      @andyraymond61 6 месяцев назад

      The revenues of investment management firms are directly linked to the market's behavior. Bianca Harley Doran understand this, she has a great knowledge about the market.

    • @annagriffin6428
      @annagriffin6428 6 месяцев назад

      Bianca Harley Doran explained that though the investment management industry may provide lucrative returns, there are also key problems that come with running such a firm.

    • @seljukchang1442
      @seljukchang1442 6 месяцев назад

      She is very intelligent and smart

  • @larrydimon7811
    @larrydimon7811 7 месяцев назад +93

    I think a good tag line to help new investors understand the true goal of investing “You don’t invest to get rich. You invest to stop being poor” it’s not about reaching as high up on the money ladder as possible, but doing what you (reasonably) can to raise the wealth floor so your worries become increasingly trivial instead of do or die survival decisions. If you focus on building your base and maintaining your goals, you’ll end up being richer than you expected.

    • @wholickedmydumpling
      @wholickedmydumpling 7 месяцев назад +4

      get a Roth IRA, 401K, and HSA and max out those contributions every year. If you have more money left over after that, contribute to a normal brokerage account.

    • @LiquidityOcelot
      @LiquidityOcelot 7 месяцев назад +7

      Honestly, I wish they taught investing at school level. There is so much advantage to doing this! My biggest regret is that I started so late.

    • @MHousley
      @MHousley 7 месяцев назад +3

      Same here. Have always been interested but the general opinion back in the day, it was for the rich only! How stupid was I, not to try and do it when I was younger.

    • @larrydimon7811
      @larrydimon7811 7 месяцев назад +7

      Idk man, I jumped into the market only twenty three months ago, but with a lot of financial strength I did hit that coveted 100K and recently the 1M mark!

    • @philcrowley007
      @philcrowley007 7 месяцев назад +8

      Age 52 - $2.6M in all retirement accounts combined. No debt. No mortgage. House value is $2M

  • @blaquopaque
    @blaquopaque 4 месяца назад +222

    I just hit $100,000 net worth this last quarter from saving and i plan to invest in the stock market to see it grow in the next 3 years. What is the best way to navigate the stock market as a newbie?

    • @kashkat987
      @kashkat987 4 месяца назад +1

      I believe a healthy portfolio has 3 things, at the bare minimum: Exposure to ETFs for increased diversification, Exposure to assets that generate cash flow like dividend stocks, Exposure to market-leading tech.

    • @Curbalnk
      @Curbalnk 4 месяца назад +3

      Consider allocating 30-40% to a High-Yield Savings Account (HYSA) and enlisting the help of an advisor to diversify into positions with the rest of your capital. My advisor has significantly impacted my financial journey, fostering clarity and confidence in the stock market. Thanks to her guidance, I've grown my portfolio from $100k to $1.4m in just 5 years.

    • @velayuthman
      @velayuthman 4 месяца назад

      Wonderful!!! I've recently sold property and aim to invest in stocks, seeking guidance. How can I reach out to her?

    • @Shultz4334
      @Shultz4334 4 месяца назад

      I looked up her full name online and found her page. I emailed and made an appointment to talk with her; hopefully, she gets back to me.

    • @justinroelofs5057
      @justinroelofs5057 4 месяца назад +1

      play it safe and simple, look into a globally diversified ETF or a snp 500 ETF. You will just follow "the market", that more than good enough.

  • @davidthomas-ot4cl
    @davidthomas-ot4cl 5 месяцев назад +9

    This is so true. I hit 100k last year and it took me ages to get there. I'm now up to 118. Every month it just keeps going up! It seems like I'll hit 200k in no time at all. This is exciting!

    • @neolithic3
      @neolithic3 5 месяцев назад

      Keep in mind that we are currently in one of the longest bull markets we have ever seen. If you've only been investing for 10-15 years you havent seen a longterm bear market.

    • @davidthomas-ot4cl
      @davidthomas-ot4cl 4 месяца назад

      @@neolithic3 I lived through the lost decade.

    • @ph4nt0m22
      @ph4nt0m22 Месяц назад

      What stocks u invest in?

    • @davidthomas-ot4cl
      @davidthomas-ot4cl Месяц назад

      @@ph4nt0m22 global fund

  • @getinthespace7715
    @getinthespace7715 7 месяцев назад +44

    Finally hitting our stride now that I hit 40.
    Going from investing $20k/yr to $100k/yr this year.
    Exciting to finally be getting there after so much hard work.

    • @2k3SteedaGT
      @2k3SteedaGT 7 месяцев назад

      That’s quite the jump! Was it driven by a new job or promotion? Or did you pay off your house and can now use that money to invest?

    • @jhanczaryk5766
      @jhanczaryk5766 7 месяцев назад

      @@2k3SteedaGT person is now a prostitute

    • @charlenewinters5056
      @charlenewinters5056 Месяц назад

      Similar path. We invest about 60k minimum each year. I put in most of what I make each month and we live off wife’s salary. I hear people all the time talk about how much they “ lost” in a down market. The truth is, you only lock in a loss when you SELL! The market comes back and recovers. The key to downturn years is, having some cash in savings and pull from those funds in a down year. This practice will keep you immune to market downturns. When the market recovers *and it will) simply repay yourself from the gains.

  • @frenchLeon
    @frenchLeon 7 месяцев назад +47

    Would have been nice to have an exponential curve. Linear curve here is kinda killing the point.

  • @kchal0
    @kchal0 7 месяцев назад +24

    Spent my 20s saving and investing and now that I’m 30, have $2m+ invested. It’s incredible to watch it compound, we’ve had a really strong decade of returns.

    • @MikeNapoli1989
      @MikeNapoli1989 7 месяцев назад +1

      Awesome

    • @mackiej
      @mackiej 7 месяцев назад +3

      That's great. Most folks need a combo of inheritance, high salary, and spending restraint to reach that milestone. Median USA *household* income is $75K which is only $600K gross after 8 years (ignoring investments).
      Maybe start a business?

    • @kchal0
      @kchal0 7 месяцев назад +1

      @@mackiej I probably averaged around 80k or so. I had a few investments that did very very well in my “moonshots” portfolio. I’ve since taken those gains and moved them into the s&p 500

    • @mackiej
      @mackiej 7 месяцев назад +2

      @@kchal0 Wow. Good for you recognizing the role of luck and "de-risking" from moonshots to the S&P.

    • @kchal0
      @kchal0 7 месяцев назад +1

      @@mackiej like the old saying goes, you only gotta get rich once.

  • @travisobrien09
    @travisobrien09 6 месяцев назад +34

    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 Katherine Flores.

    • @stevenrice500
      @stevenrice500 6 месяцев назад

      I'm surprised that you just mentioned Katherine Flores here. I met her at a conference in 2018 and we have been working together ever since.

    • @Austin195
      @Austin195 6 месяцев назад

      The very first time we tried, we invested $1400 and after a week, we received $5230. That really helped us a lot to pay up our bills.

    • @Benjaminmcauley376
      @Benjaminmcauley376 6 месяцев назад

      Flores' expertise in customizing investment portfolios based on changing market conditions and personal risk profiles is exceptional. It's not a one-size-fits-all approach, which is crucial in crypto investing.

    • @KingBaldwin715
      @KingBaldwin715 6 месяцев назад

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

    • @leahroberts2
      @leahroberts2 6 месяцев назад

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

  • @mackiej
    @mackiej 7 месяцев назад +5

    This video deserves a better like-to-view ratio. It was concise and nicely illustrated!

    • @jttasb
      @jttasb 7 месяцев назад

      The video content did not match the title. As @frenchLeon pointed out, the linear curve does not illustrate the "EXPLOSION" described in the title. "The math behind it..." was not explained at all....there were results but NO MATH listed. Finally, in the video description, "Let's look at why the first 100k is the hardest." was not mentioned AT ALL. I agree the video was concise and nicely illustrated. It should simply match it's title and description.

  • @user-hp6ls8qy6d
    @user-hp6ls8qy6d 2 месяца назад +1

    Very good... except compound interest is an EXPONENTIAL curve. The diagonal line graph shows the reduced time it takes and that's fine but I think you'd get the message across better with an exponential graph, as well.

  • @jackwillison177
    @jackwillison177 День назад +3

    Just discovered your channel with this video. I already own shares of ARM and MSFT. I'll also add NIO to my portfolio. But I like to explore short term opportunities in the market that could fetch me $100,000 in this second quarter.

    • @AndreaRoberto-wm3th
      @AndreaRoberto-wm3th День назад

      For a successful short-term strategy I recommend you seek the guidance of a financial advisor, Who will advise you to buy stocks with market-beating yields and shares that at least keep pace with the market for a long term..

    • @vivianlucy141
      @vivianlucy141 День назад +2

      Yes true, I learnt that in 2020, when I lost almost everything. But I switched to using a financial advisor and I've been returning at least 98k every month so I’ve been sticking to investing via an Advisor.

    • @SCOTTDisick-yc7x
      @SCOTTDisick-yc7x День назад

      Glad to stumble on this commentary, I've been getting suggestions to use one, but where and how to find one has been challenging, Can i reach out to the one you use?

    • @vivianlucy141
      @vivianlucy141 День назад +3

      Sure, Melissa Elise Robinson is the licensed advisor I use. Just research the name. You’d find necessary details on the web to set up an appointment..

    • @SCOTTDisick-yc7x
      @SCOTTDisick-yc7x День назад

      I just looked this lady up out of curiosity and found her web page easily. Read through her qualifications, which were all very impressive. So I scheduled a call with her

  • @TheYaq
    @TheYaq 7 месяцев назад +7

    Pretty good straight forward video, only thing is it hurts when you are young ... you want money now not later and getting 100k is hard ...

    • @mackiej
      @mackiej 7 месяцев назад

      These days with expensive housing, a roommate makes saving money much more attainable.

    • @CRVgarage
      @CRVgarage 7 месяцев назад +3

      First 100k is a bitch.

  • @doggygaming950
    @doggygaming950 7 месяцев назад +6

    The 1st 14 million are the hardest. After that you can make a million on 7% a year without doing any work.

  • @user-hf2yy3tv8m
    @user-hf2yy3tv8m 2 месяца назад

    I started aggressively investing in 2020. Hit 100k in Feb 2023. 14 months later 200k 🎉. Loving the compound interest !!!
    It is also thanks to my investment portfolio, which is mostly growth stock, that I have managed to quickly reach next milestone.

  • @tomthetalker4442
    @tomthetalker4442 2 месяца назад +1

    I feel It's getting harder to satisfy Wall Street. The market has gotten so unpredictable post covid.

  • @kmaries1996
    @kmaries1996 2 месяца назад +2

    I've seen 20 youtubers with this exact thumbnail and exact title. None of you guys are original anymore. You all aren't giving us real financial advice to increase our portfolio, yall just on here for us to help increase your bank account beyond $100,000.

  • @esqu1re
    @esqu1re 7 месяцев назад +9

    This is alao why trust fund kids have an easy financial life. You dont even need that large of a trust. Grand parents could deposit 100k for each grand child and let it sit for 55 years, essentially ensuring early retirement for each child. (100k is a lot for us mortals, but not for the top 5%)

    • @j___6782
      @j___6782 7 месяцев назад

      55 years at 100k??? Should they could retire at 40 and be millionaires

    • @mackiej
      @mackiej 7 месяцев назад +2

      It is also an argument in favor of finishing higher education as quickly and cheaply as possible, assuming one has marketable skills. Ex. accounting, electrician, etc

    • @GhettoFabulousLorch
      @GhettoFabulousLorch 6 месяцев назад +1

      Start custodial accounts for your children. You may not be able to drop $100k on them now, but if you drop $1500 on them every year for 20 years and the S&P continues to return 10% annually they will have $100k by the time they can drink.

  • @danbeasley6135
    @danbeasley6135 6 месяцев назад +3

    I'm trying to describe the concept of compound interest to my younger co-workers...... They just stare at me, it's depressing.

  • @yeffblanco
    @yeffblanco 6 месяцев назад

    Great video, where was RUclips 25 years ago? Thankfully I finally figured it out and got 100k, then it started going. I later maxed out a catch-up provision and it really started going up fast, I was getting more than 7 percent. After watching this video, I reflected and think it took me ten or more years to get to my first 100k. I should have started it earlier and contributed more. I shared this video with my friend and like & subscribed.

  • @anap7830
    @anap7830 3 месяца назад

    This last year my net worth has been stagnant. House values have not grown and the stock market it flat outside the big 7. Inflations and interest rates has killed any growth.

  • @IamChucky_
    @IamChucky_ 7 месяцев назад +1

    After covid my home is worth double in just 6 years of ownership. I’d pocket close to 200k so I’d put 100k into the s&p 500 and the rest will go into a high yield savings. I’d rent debt free for a while until I’m ready to purchase another home.

  • @SeanyStacks
    @SeanyStacks 11 месяцев назад +16

    This video didn’t account for dividends and reinvestment. So you would really reach that goal even faster. Great video.

    • @alberteinstein8546
      @alberteinstein8546 8 месяцев назад

      How much faster if you invested in coke would one get to 100k if invested 10k a year jw

    • @ballaking1000
      @ballaking1000 8 месяцев назад +1

      You can pretend there's a 5-6% interest rate and then include reinvested dividends to get more similar results : D

    • @kylel8954
      @kylel8954 8 месяцев назад +3

      I think they used 7% cuz that’s the rate after inflation.

  • @Dmidnightmachine
    @Dmidnightmachine 7 месяцев назад +1

    that time is going to go by no matter what anyways, I tell friends and fam to just start investing now little by little.

  • @lotsaspaghetticodejr.6488
    @lotsaspaghetticodejr.6488 8 месяцев назад +31

    For context, this is 22.23 years to go from $0 to $500,000

    • @brs293
      @brs293 8 месяцев назад +7

      Ain't nobody got time for that. People are struggling too much to save.

    • @Dave-sw2dm
      @Dave-sw2dm 7 месяцев назад

      ​@@brs293, struggling to keep up with the jones. I had 3 roommates and invested what I saved in rent. I drove a beater car and saved what I would have made in car payments. I rarely ate out and always made coffee at home. I drank water instead of soda or beer. I owned very few clothes and bought better clothes at the thrift stores. It is all about having the desire and discipline to invest in your future.

    • @Dave-sw2dm
      @Dave-sw2dm 7 месяцев назад +3

      Since most of us have 40 year careers that $500,000 will be $2,500,000 by the time you retire, if not more.

    • @PumpMcStump
      @PumpMcStump 7 месяцев назад

      They never take inflation into account in these. 500k in 22 years will be like 250k today and you directly contributed 220k by putting in 10k per year. And you'll pay a 30% tax on it! With an investment that low I don't think it's worth it.

    • @Dave-sw2dm
      @Dave-sw2dm 7 месяцев назад +7

      @@PumpMcStump , worth it compared to what? Having nothing in retirement?

  • @jjbonbo
    @jjbonbo 8 месяцев назад +5

    I just think the problem with most people is that they can't just put away $10,000 every year because it's just a lot of money!

    • @RyChOr2005
      @RyChOr2005 7 месяцев назад +15

      I think the problem is also that the majority of people do not budget and only save/invest the money that's left over, rather than save/invest first and THEN spend on money left over

    • @dlakerguy
      @dlakerguy 7 месяцев назад

      @@RyChOr2005 Easy to say this for people who make way more than basic living expenses. I am doing fine now, after many years of working hard, etc. But for years, I barely made what I needed to pay my bills and get myself to work each week. It wasn't like I was spending money on fun things instead of investing it. A huge portion of the population is going through the same thing. You can't just save first and then NOT pay your rent or NOT buy groceries. Doesn't work that way.

    • @767bob
      @767bob 7 месяцев назад

      ​@@RyChOr2005you nailed it, we are supposed to pay ourselves first (save/invest)....then budget for the rest.

    • @Dsexh_dsexh
      @Dsexh_dsexh 7 месяцев назад +1

      People need food and to pay for where they live… I think making sure you have those is more important then investing most people

    • @byronrogers4489
      @byronrogers4489 7 месяцев назад +1

      Most if the people I know who say this have 2 car notes. That's a quick fix. Most people can do it, they just are too comfortable.

  • @ryanscott7821
    @ryanscott7821 7 месяцев назад +5

    “The third 1000 dollars” lmao

  • @ihsancolak6234
    @ihsancolak6234 3 месяца назад

    I was broke with a lot of debt on my credit cards in 2021. Found a Job for 65000 and started to save after my living expenses. Bought a house, lost 35K on a business initiation, and still after 3 years I made my first 100K. Planning my first 1M in two years. Nothing miraculous, I just saved 1/3 of my income and invested in the stock market. No day trading, no option BS.

  • @sstrick500
    @sstrick500 8 месяцев назад +13

    Inflation, market downturns, etc. Hope you hit that perfect 10 year cycle when you start!

    • @jo4285
      @jo4285 8 месяцев назад +6

      It took me 14 years to reach 100K. But now it went up 40k in 1 year.

    • @Anonymous-ld7je
      @Anonymous-ld7je 8 месяцев назад

      Higher prices mean lower expected future returns, and lower prices means higher expected future returns (for an index like the S&P 500). It's counterintuitive, but it actually makes very little difference in the long run whether the market was up, down, or sideways when you started.
      If you start out in a raging bull market, that will likely be countered by weaker returns in the future due to stocks being overvalued. If you start out in a terrible bear market, that will likely be cancelled out by higher returns in the future because stocks are now cheap. Either way you'll earn roughly the market average over a lifetime if you stick with it, regardless of when you start.
      In the long run, it matters very little or at all. I agree ten years is too short, but let's be honest, unless you're 65+, nobody is investing for only the next ten years. More likely multiple decades.
      Ten years of low or even negative returns would feel bad psychologically, but is both a) very rare and happens less than around 5% of all 10 year periods, and b) is about the best thing I could possibly imagine happening for your future returns. 1999-2009 was an extremely weak 10 year period due to the dot com crash followed by the great recession.
      2009-2019 was one of the best 10 year periods in all of stock market history. Anyone that had the guts to consistently invest the prior 10 years accumulated a huge amount of cheap shares, then reaped the benefits later. It's not a coincidence. That's pretty much how it works.
      I'd recommend not worrying about things entirely beyond your control like what the market will do this year or decade. Instead worry about things you can exert control over, like how much money you make by advancing your career, and how high of a savings rate you can achieve.

    • @Gomjabbar28
      @Gomjabbar28 7 месяцев назад

      @@anthonymejia2481 was over 20% in 2023

    • @neolithic3
      @neolithic3 5 месяцев назад

      @anthonymejia2481 lol do you realize that we are in one of the longest bull markets we have seen? If you've only been investing for the past 10-15 years you havent seen what an extended bear market can do.

  • @pangmeister
    @pangmeister 6 месяцев назад

    The 8th wonder of the world. Compound interest growth. It works wonder here. It can work the other way too. Cancer is a compound growth disease too. Whenever you spot compound growth things, pay serious attention. Keep the one that help you and address the one that hurt you right away.

  • @wolfalaska7638
    @wolfalaska7638 7 месяцев назад +6

    Unless your dividends are tax free, one will need to pay tax on growth from some other money, like money earned by working or from sales of assets. The projections shown are accurate , but require all gains to be reinvested.

    • @WanderlusttheWorld
      @WanderlusttheWorld 7 месяцев назад +1

      SP500 returns avg 10%. 7% is aldy after tax depending on yr country

    • @jiggerypokery2962
      @jiggerypokery2962 7 месяцев назад

      @@WanderlusttheWorld Taking into account taxes, fees, inflation, etc the average return is 4.25%

    • @767bob
      @767bob 7 месяцев назад +2

      You can do this in a Roth 401k and not worry about taxes later on.

    • @WLyons9856
      @WLyons9856 7 месяцев назад

      @@jiggerypokery2962it absolutely is not

  • @firewalker935
    @firewalker935 7 месяцев назад

    Hi, great video! What program/software are you using to create the videos?

  • @jdlk-ny5yo
    @jdlk-ny5yo 9 месяцев назад +3

    You don’t make interest on investments, you make dividends or / capital gains. Dividends tend to come from low growth stocks, capital gains are achieved when you sell growth stocks. You get interest from deposits but these are low

    • @hellowill
      @hellowill 7 месяцев назад

      Yeah it's not compounding interest. But compounding gains. Similar idea I guess.

  • @1stnamebr406
    @1stnamebr406 6 месяцев назад

    Doesn't this apply on if that $100,000 is one asset? What if you have $100,000 is spread in different financial institutions?

  • @hoosierdaddy5191
    @hoosierdaddy5191 Год назад

    I just subscribed, great vid. Btw

  • @songsabai3794
    @songsabai3794 5 месяцев назад +1

    Where to find a 7% annual interest rate?

  • @iati6294
    @iati6294 2 дня назад

    My first 100k took me 14 years !

  • @vannasoukphilavong6996
    @vannasoukphilavong6996 3 месяца назад

    It’s hard to save 100k for most people. Because of inflation

  • @lolo7943
    @lolo7943 8 месяцев назад +4

    Should say AVERAGE 7% per year.

  • @brs293
    @brs293 8 месяцев назад +1

    Thats cute, unfortunately i don't have that many years so....YOLO.

  • @Malaki727
    @Malaki727 8 месяцев назад +3

    I invest about 2400$ a month

    • @jo4285
      @jo4285 8 месяцев назад

      That’s pretty good. It took me almost 15 years to finally start contributing around $1400 a month. I remember started off contributing $100 a month so I’m doing ok.

    • @tho464
      @tho464 8 месяцев назад +1

      FLEX!!

  • @Jackson-eo7en
    @Jackson-eo7en 7 месяцев назад +1

    Hypothetical: if you had 100,000 lying around.
    Do you suggest depositing all of it into an ETF right away? Or should you DCA over time?

    • @CryptoSafetySquad
      @CryptoSafetySquad 7 месяцев назад +19

      time in the market beats timing the market

    • @hisaddle
      @hisaddle 7 месяцев назад

      There are short vids on here from Dave Ramsey radio show that will answer your question.

    • @heldim92
      @heldim92 7 месяцев назад +2

      Research about "lump sum" vs "DCA"...

    • @abvincent12
      @abvincent12 7 месяцев назад

      Because interest rates on money markets are high DCA makes sense. But it all depends on your time horizon. If you have many years invest it, if you fear losing any of it in short term then DCA.

    • @2k3SteedaGT
      @2k3SteedaGT 7 месяцев назад

      Lump sum investing wins almost every time. DCA is good when you’re waiting on a paycheck every couple weeks before investing.

  • @MichaelChengSanJose
    @MichaelChengSanJose 7 месяцев назад +3

    Why didn’t you point out the real reason? Investment rates of return explode after crossing $1M.
    You’re no longer averaging around 7-8% on the stock market as you’re getting access to deals at 12-14%. Compounding at nearly double the rate goes so much faster.

    • @dimitristripakis7364
      @dimitristripakis7364 7 месяцев назад +2

      What are these deals at 12-14% ?

    • @MichaelChengSanJose
      @MichaelChengSanJose 7 месяцев назад

      @@dimitristripakis7364 Once you reach $1M in investments, these deals start coming out of woodworks. Deal brokers will seek you out. You'll have to decide which of the private placements or debt offerings are legit or scams as you're no longer under the pricey protection of the SEC.

    • @dudewheresmyguitar21
      @dudewheresmyguitar21 7 месяцев назад +1

      No you dont….

    • @MichaelChengSanJose
      @MichaelChengSanJose 7 месяцев назад

      @@dudewheresmyguitar21 You'll have to speak for yourself.

    • @dudewheresmyguitar21
      @dudewheresmyguitar21 7 месяцев назад +1

      @@MichaelChengSanJosenotice how you cant name any

  • @changenoways9555
    @changenoways9555 2 года назад +7

    Great! Now I just need 10, 000 dollars

    • @TheMrEwe
      @TheMrEwe 2 года назад +11

      10,000 per year. You don't have to invest it all in one pump sum. Think of it as $1,000 per month, or $400 per bi-weekly paycheck. If you're payed weekly, $200 per paycheck.

    • @lukeforbes2008
      @lukeforbes2008 Год назад

      Yeah man I get winter is tough but you got to get in the mindset now so you don’t get stuck in the winter.

    • @randymillhouse791
      @randymillhouse791 Год назад

      Donald? Rudy?

    • @PeaceAndWheelies
      @PeaceAndWheelies 7 месяцев назад

      Thanks for the smile you gave me! ​@@randymillhouse791

  • @dusankacurak9520
    @dusankacurak9520 4 месяца назад

    schd etf will do it for you

  • @vijaybhogal456
    @vijaybhogal456 8 месяцев назад +2

    7%!!! where is this guaranteed 7% I'll invest right now!!!!!!!!

    • @MeltingRubberZ28
      @MeltingRubberZ28 8 месяцев назад +5

      SP500 went up 26% last year.

    • @tho464
      @tho464 8 месяцев назад +1

      @@MeltingRubberZ28 Gonna drop 26% this year.

    • @1981lashlarue
      @1981lashlarue 8 месяцев назад

      ​@@tho464Baloney.

    • @robertl9065
      @robertl9065 7 месяцев назад

      Nah. It will keep going up just slower.

  • @AlstarPalmer
    @AlstarPalmer 6 месяцев назад

    Using a 7% return on your investment as an example is not helping any of us. Gotta deduct 10% for inflation and let’s not forget about shrinkflation.
    Buy Bitcoin

  • @lexluthor573
    @lexluthor573 6 месяцев назад

    invest in what?

  • @JSGroupofCompanies
    @JSGroupofCompanies 5 месяцев назад

    Is that 100K in one or one portfolio?

  • @halams3772
    @halams3772 7 месяцев назад

    Compounding is all about percents not the dollar value…

  • @mikgio1113
    @mikgio1113 Год назад +1

    is the $100,000 invested needs to be in 1stock or ETF ? Or $100,00 divided into different Quality ETFs like VOO, SCHD, DGRO?

    • @randymillhouse791
      @randymillhouse791 Год назад +1

      Take it to South America where it will be like having $200K USD in Pesos.

    • @ChristianRingdal
      @ChristianRingdal 10 месяцев назад +1

      You can invest in multiple places, as long as it gives interest. (As long as it grows). It doesn't matter if you have 1k in ten different investments, if they all grow by 7% each year. That would be the same as 10k in one place growing 7% in terms of your return on investment.

    • @00Dawggg
      @00Dawggg 7 месяцев назад +2

      My retirement accounts are solely invested in a S&P 500 ETF
      Brokerage accounts (80+% of my investments) are more diversified across international & US Markets

    • @Dreambig62
      @Dreambig62 7 месяцев назад

      @@00Dawgggdo you report it on taxes or only when you go to sell I have a Roth and 401k but idk how I should start the taxable account I was think invest it solely in mutual funds

    • @CRVgarage
      @CRVgarage 7 месяцев назад

      Pick itot, iwy & spsm and relax.

  • @fran.fndz.techart
    @fran.fndz.techart 7 месяцев назад +1

    7% in Japan? More like 0.0001

  • @williampope3503
    @williampope3503 7 месяцев назад +3

    This whole idea that compound interest "doesn't have a lot of impact" until you reach 100k is bullshit. It's from an aphorism by Charlie Munger, but he quoted this figure decades ago, and the relative figure today would be closer to 1m. It's all relative to the cost of goods and services, and the real impact of compound interest at this level is going to be negligible. You can't exactly retire on 7k a year in interest, and 100k isn't enough to sell up. Even at 200k the impact is going to be negligible. Reach 500k and you can ease off a little.

  • @kyle-user30
    @kyle-user30 7 месяцев назад +4

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

    • @Jasongonzales-45678
      @Jasongonzales-45678 7 месяцев назад +1

      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.

    • @Marthas-r4c
      @Marthas-r4c 7 месяцев назад

      I'm in line with having an advisor oversee my day-to-day investing cos, my job doesn't permit me the time to analyze stocks myself. Thankfully, my portfolio has just 5X in barely 5 years, summing up nearly $1m after subsequent investments to date.

    • @c.o.l.ek500
      @c.o.l.ek500 7 месяцев назад +2

      that’s grand! I believe the high-value gains are backed by years of study/experience in knowing what makes what tick. the portfolio-advisor that guides you is who though.

    • @Marthas-r4c
      @Marthas-r4c 7 месяцев назад +4

      Nicole Desiree Simon 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.

    • @icewa-fg
      @icewa-fg 7 месяцев назад

      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.

  • @ybc8495
    @ybc8495 7 месяцев назад +1

    they only problem there is no way get 7% return year after year

    • @ddellwo
      @ddellwo 7 месяцев назад +1

      That’s a pretty easy return to achieve over the long run with just your basic stock index fund……..😐

    • @ybc8495
      @ybc8495 7 месяцев назад

      @@ddellwo you should say only US stock index fund

  • @TopazZe
    @TopazZe Месяц назад

    why 1 year for 7% while I can do 1% a day easliy on forex and crypto, investing on banks is overrated.

  • @Skoetie
    @Skoetie 7 месяцев назад

    sorry to ask but are you monetized

  • @SpectorskyMikhail
    @SpectorskyMikhail 4 месяца назад

    How can I get 7 %?

  • @blueloo1513
    @blueloo1513 8 месяцев назад +15

    The key word is “IF 7% every year”….. this is text book assumption. 😂😂😂

    • @FightDirtyRS
      @FightDirtyRS 8 месяцев назад +11

      Historically, the S&P 500 returns on average 11% annually in any five year stretch. Averages and time in the market negate down trends in the short term.

    • @craigslist1323
      @craigslist1323 8 месяцев назад +5

      Average means nothing. You could have a 100% increase and a 50% decrease and the average return would be 25%. But Math tells you that the real returns is 0

    • @alexamaya3208
      @alexamaya3208 7 месяцев назад

      @@craigslist1323your math is off

    • @marcuszeng4005
      @marcuszeng4005 7 месяцев назад +2

      @@craigslist1323 That is not how ARR (average rate of return) is calculated. ARR = (ending value - initial value) / (initial value * time period). By your example, let’s say your initial value is $10000. Then the ending value is $10000. Plugging in the formula, you get 0%. Please do not mislead.

    • @dimitristripakis7364
      @dimitristripakis7364 7 месяцев назад +1

      @@FightDirtyRS There are more than one lost decades, so no the SP500 does not return 11% in any five year stretch. Have you ever looked at the historical SP500 chart ? But over 30-40 years it does return 7% adjusted for inflation, that would be 9%+ without inflation.

  • @john80546
    @john80546 6 месяцев назад

    But which bank gives you 7%

  • @TheProboys3
    @TheProboys3 7 месяцев назад +3

    Don't be fooled. There's nothing special happening once you hit $100000 you could make this same point at any random number. The math stays the same

    • @user-by3cp5ri4b
      @user-by3cp5ri4b 4 месяца назад +1

      The point is the ratio between the invested 10k and the 7% you get. The first 100k is almost 100% saved money. Also many people make mistakes investing the first years. After you reach around 100k you see your money growing faster and faster. Once you got like 500k it makes almost no difference if you save and invest 10k per year or not. The last point is, that you maybe max out your income. If you got 100k or 200k you can take more risk getting a new job and you are more relaxed...

  • @briceking669
    @briceking669 Год назад +8

    Factor in inflation and you are not that far ahead.

    • @cancel.lgbtq.6892
      @cancel.lgbtq.6892 9 месяцев назад +4

      Better have something than nothing.

    • @Wubby805
      @Wubby805 8 месяцев назад

      @@cancel.lgbtq.6892 Exactly.

    • @Akira-jd2zr
      @Akira-jd2zr 8 месяцев назад

      @@cancel.lgbtq.6892 what does other people's sexual preference have to do with you? Why do you care what other consenting adults do in the privacy of their own homes?

    • @stevenyia2778
      @stevenyia2778 8 месяцев назад +3

      Someone does not know how math works

    • @Gomjabbar28
      @Gomjabbar28 7 месяцев назад

      @@Akira-jd2zr was okay back in the day when it actually stayed in the privacy of their own homes

  • @luckymaggie6594
    @luckymaggie6594 7 месяцев назад

    Where to get 10k per year? And how can you not touch the money for 20 years? It's unrealistic

    • @MrXR77
      @MrXR77 7 месяцев назад +1

      10K at 7% for 20 years without taking into account, market downturns, taxes, bank fees, inflation. It sounds to good to be true.

    • @dudewheresmyguitar21
      @dudewheresmyguitar21 7 месяцев назад +3

      So money/investing are not for you.

    • @Gomjabbar28
      @Gomjabbar28 7 месяцев назад +2

      so you'll never retire?

  • @jonr9574
    @jonr9574 7 месяцев назад

    It’s subjective. I’d argue after getting past 100k you can equally lose your ass off double the speed and worse than before you had 100k. The hardest part about getting to 100k is the drawdowns. the second part is maintenance typically because you’ve lost so much just to get that 100k you start to admire the guarantee forms of wealth building.

    • @byronrogers4489
      @byronrogers4489 7 месяцев назад

      Well, hopefully you know more after acquiring $100k that when you started. It doesn't have to be risky at all. If you are emotional about money, don't invest.

  • @jiggerypokery2962
    @jiggerypokery2962 7 месяцев назад +1

    Explaining why we have wealth inequality in this nation. The more you have the easier it is to make.

    • @byronrogers4489
      @byronrogers4489 7 месяцев назад +2

      The more you work, the more you have to invest. Most simple don't invest, or want to work. They make excuses. Of course we have wealth inequality. Why we we expect it to be any other way? That's just silly.

  • @quangyung6751
    @quangyung6751 7 месяцев назад +1

    They make it sound like everyone has 10000 to invest a year. Lol lucky if we can invest 5000 a year.

    • @dudewheresmyguitar21
      @dudewheresmyguitar21 7 месяцев назад +1

      So money/investing are not for you.

    • @jamesbubbastew
      @jamesbubbastew 7 месяцев назад +1

      So invest 5k/ year until your returning 10k/year..on the journey your financial position may get better and allow larger annual investment. Also mind set changes motivate you to make better decisions along the road

  • @4ce5bf154
    @4ce5bf154 6 месяцев назад

    If you can get an average of 7% every year, all your life by investing then you should go and work for Berkshire and Hathaway or make your own financial institution cause you will end up the richest guy on earth at the end of your life 😂

  • @antionygrilmady9044
    @antionygrilmady9044 5 месяцев назад +2

    98% of the people don’t have 10K per year to invest please be real

  • @currentphonograph7487
    @currentphonograph7487 8 месяцев назад

    I like 100 Grand

  • @lotsaspaghetticodejr.6488
    @lotsaspaghetticodejr.6488 8 месяцев назад +1

    It takes 3.78 years to make your next one thousand dollars?? 🤭🤭🤭

  • @severinjohn
    @severinjohn 7 месяцев назад +1

    As soon as ANOTHER irritating "hand drawn" video starts here on RUclips, I cancel out regardless of topic.

  • @Zohirul-Jewel
    @Zohirul-Jewel 7 месяцев назад

    I only get 1% how to I get 7%?

    • @nobleman-swerve
      @nobleman-swerve 7 месяцев назад +1

      Invest in any low-cost S&P index/ETF and let it fly. Average annual returns are closer to 10%

  • @M43782
    @M43782 5 месяцев назад +1

    You can remove this video. It is calculated before inflation so it doesn't matter.

  • @migelsker
    @migelsker 6 месяцев назад

    If you can only affected 10k a year 😂 wtf how can afford 10k when your ind the early 20'ish

  • @philiiplucienuhrenholt5427
    @philiiplucienuhrenholt5427 2 месяца назад

    Diversification.

  • @Backtoreality1873
    @Backtoreality1873 11 месяцев назад

    Unless you’re investing today in which case you’re going absolutely nowhere.

    • @xlr8442
      @xlr8442 9 месяцев назад

      Idk g, i started my journey back in october and I'm already up 2.5k. I kinda got caught in dividend traps with VIG and VYM, but VOO and QQQ have made up for it beautifully

    • @MeltingRubberZ28
      @MeltingRubberZ28 8 месяцев назад +2

      26% gains in SP500 in 2023

    • @PeaceAndWheelies
      @PeaceAndWheelies 7 месяцев назад

      ​@@MeltingRubberZ28thank you. Where has Backto reality1873 been?

  • @dudewheresmyguitar21
    @dudewheresmyguitar21 7 месяцев назад +1

    I promise you wont make 7% most years.

    • @aotlevi6594
      @aotlevi6594 6 месяцев назад +1

      And this is why misinformation spreads. S&P500 had 23% return just last year alone. Then say next year it drops to $17%, then 10% the following year... that is 16% AVERAGE return over that 3 year span. Which beats the 7% average that the video mentions. Some of y'all need to go back and take basic math again. SMH.

  • @Peteliao
    @Peteliao 8 месяцев назад

    is this same as 100k in just 1 brokerage account? Can it be 100k through a 401k, Roth IRA, and a brokerage account?

    • @keska01
      @keska01 7 месяцев назад +2

      if the growth is the same assumed 7% it doesn't matter if it's in one account or 5... the 5 accounts with 7% would sum up to the same number is the 100k in one account - basic math :)

    • @Peteliao
      @Peteliao 7 месяцев назад

      @@keska01thanks, I’m only in 5th grade and started investing so I was just making sure of the math.