This is so true especially with crypto. Got in early 2024. With 100k. But snowballed like Toby said. Just keep solar cost averaging every dip Any day BTC is down you just buy X Amount. At 1.5m now. Lfgggg And rule of 73 works real well when BTC goes up 70 to 200% a year 😅😅😅😊😊😊❤
Net worth truly snowballs after $100k! Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE!
Here’s my advice: if you want to achieve significant financial growth this year, be willing to invest. Saving is important, but investing positions you to worry less about savings in the future. Thanks to my CFA, my portfolio is performing exceptionally well, and I’m proud of the decisions I made last year.
Nice. People often underestimate financial advisors' importance. Over 50 years of data reveal that those who work with advlsors typically earn more than those who go it alone. I've been fortunate to work with one for 13 years, resulting in a $1 million portfolio, largely from early investments in AI and other growth stocks.
Kimberly Grace Flanagan is the CFA I use and im just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.
@@Itsdjsigi Indexes are slooooww growth unless youre daytrading leveraged index etf's, which is what you should be doing if youre young and have the time.
Here are the three books: - The Algebra of Wealth" by Brian Portnoy - Common Sense Investing" by John Bogle - The Compound Effect" by Darren Hardy Thank you for sharing the knowledge.
How do you add 100k every year? Is that based interest rate you receive? Or what’s your process I’m asking because I’m very interested how you end up with that amount. Do you use banks, or is it your job? If it’s your bank, do you have a way higher amount of money in it to be able to receive 100k per year? Thanks!
@@MikeSmithjnnnprobably talking about a career or job that pays him/her a $100k annual salary. That sounds more realistic. There is no investment or financial institution that would be able to flip $100k in 1 year without going bankrupt unless it’s personal Real Estate Ventures or Cryptocurrency but it would have to be extremely high risk to produce $100k annual passive income in only 1 year with only $100k capital.
I'm 25 and just hit 64k. Just finished my BA with no debt and about to use my GI Bill for grad school. Should be able to invest another 120k from excess benefits.
Almost same story here, 25 and 64k in markets, BA no debt. Great job, we’re doing very well for our age and continuously reassuring myself it will grow faster if I don’t spend beyond my income/budget as tempting as it is
You're both where I now wish I was at that age. I just had zero financial education. I learned and I'm on my way, but I could have been at the finish line choosing whether to continue or retire by now. Save/invest aggressively while you're young people.
@@twizted3k I've heard people say however that your 20s is the best time to travel/see the world if you're able to as later on you'll have too many responsibilities and not enough energy and in some ways that's more valuable than money, do you have advice on that?
Good shit brother. Having no debt is huge. I'm very thankful my parents paid for my school. I just turned 25 and just hit 160k net worth. Having a good job and company retirement match is what carries me.
It took me 8 years of saving to reach my first 100k. It took me 3 to reach 200k. I think a lot of people don't factor in that as you gain experience, your income also goes up over time. The biggest difference maker for me wasn't even the compounding, but simply from my own raises.
Building wealth requires developing strong financial habits. At 42, I had just $178k to my name when I realized the importance of a disciplined approach. I chose the stock market as my growth vehicle and enlisted the help of a skilled financial advisor. Financial management is a critical topic that many overlook, often leading to significant regrets down the road.
Currently, I'm managing my finances carefully and maintaining a frugal approach. Over the past 19 months, my investments have grown by 43%, generating over $500K in profits. However, recent losses in the last month have left me feeling uncertain. I'm torn between selling off my positions or holding steady to see how the market plays out.
Having a solid strategy is invaluable. My portfolio is well-positioned for all market conditions and recently achieved a 100% increase since early last year. My Certified Financial Planner and I are currently targeting a seven-figure milestone, which we anticipate reaching by Q3 2024.
Rebecca Lynne Buie has consistently been my top recommendation. She’s widely recognized for her expertise in financial markets and has a strong track record. I highly recommend her.
I tell everyone I know this is the key to the millionaires club. I did it starting at age 40 and now 60. I am a millionaire. It's so rewarding to watch your own money grow after 100k! It takes all the financial stress out of life and your able to really live and enjoy retirement. This video is a #1 that everyone should watch. I wish they would teach this in high school.
Kudos, Mathis. 43 here and kudos for creating this. With a good investment plan that ensures steady income without any doubts I and my wife are prepared for a well organized retirement. I started investing a year ago and so far, I’ve watched my networth grow exponentially after my first $100k. I've learned that getting a good return is very much attainable only if you know your way around it.
You say it like it's easy forgetting that not everyone is as lucky as you are. I've tried to invest in the past without much progress. How are you able to do it?
It's totally far from luck. Sir Jonas Herman, a CFA has consistently outperformed the market ever since I got on his program. He has continued to put my $35k to good use with market driven strategies making me an optimal return of over $121k
If I had $360k I would invest $100k in tech & $260k into dividend stock with a proven track record to grow with capital appreciation & dividend increase year over year
Adding JEPI and JEPQ are smart additions in my opinion. As for staying committed to higher-risk investments, it's all about balancing your risk tolerance with your long-term goals.
The market is not necessarily a rollercoaster if you know your way around the market, there are various opportunities in the present market to accrue good profit, If you are not too savvy with the market, just buy and hold on strong companies with good earnings, or consult with advisors on ETFs and actively managed funds. that’s what works for my spouse and I. We've made over 30% capital growth minus dividends.
Finding financial advisors like Melissa Terri Swayne who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
@@champfisk5613 lol it should be. Public schools have taught other financial elements of life for decades at least. Why not 15 minutes at minimum on what investing can do, or offer an investing course? Do away with useless social studies got plenty of room to get in depth.
@@robert549 this is a misguided belief that life is about Money only. Based on what you’re saying, learn nothing about history and social life, just make some cash to buy things. That sounds grand!
@@Black-Circle i get that but i dont take investing as a small effort. In fact it’s easier to be broke, nothing big about that. And if you up your efforts in investing (capital) you get even bigger results.
You are one of the only people I've ever heard mention "accredited investor". That is a huge milestone that, for some reason, most people totally forget. Thank you for bringing that up!
HVAC guy here who broke 100k invested a few weeks ago. “Little things” always being little things has helped us because I can fix just about anything at home and on the car.
Thanks to you, I now have realistic expectations for this bull run. I entered crypto earlier this year, and your insights on cycles and market connections have been invaluable. I now understand how global markets impact crypto, so I'm watching traditional market tops closely. Without your guidance, I’d probably be holding blindly instead of actively managing my positions. Growing my portfolio from 2.3 BTC to 24 BTC in a few months has been incredible. Special thanks to Seren Wintersun for her expertise, which has been essential in navigating this complex landscape.
In a field as rapidly evolving as cryptocurrency, staying updated is crucial. Seren’s continual research and adaptation to the latest market changes have been instrumental in helping me make informed decisions.
The same high-yield potential exists in both bullish and bearish situations; what matters is how information and technique are used. Not neglecting professional advice.
The one I don’t hear enough people acknowledge is that a 100k portfolio is right on the line where annual returns begin to outpace what someone earning a median salary can reasonably save in a year. From that point, your ability to contribute new money becomes less of a factor in the wealth building process.
Free infinity investing book. Great video! Here in my country, Brazil, we don't have access to this type of information. Governors don't want people informed about finance.
Hello, here's your link to get the Free Infinity Book inf.link/ade409. The author also offers classes on Tax and Asset Protection-check them out here aba.link/v29
I wish I had learned this when I was young. I started late but butter today than never. “The best time to start was 20 years ago, the second best time is now” Please send me your free book. Thank you.
That first column starting with the $1000 people may scoff at when its $16,000 many years later reminds me of collectables (whatever you're into) that sits in your attic or closet or safe that you kept and 'forget about' for awhile. All that inflation and the generational nostalgia that eventually comes back around suddenly drives their value sky high.
$100k by 24. Now $550k in cash, 150k in stocks, and $1M in home equity at 36 years old. Combination of side hustles, stocks and crypto, 1 rental and building 1 ADU
Rule 72 is good but your investment return could even be better if you invest in individual stocks. In 2009 I started with 150 K. At the age of 31 as of today November 2024 my portfolio has grown to 17 million. Mostly in NVDA, APPL, TSLA. But one should be willing to stomach nauseating marked ups and downs of the market. It was brutal at times....so YES you got to be patient, that's the KEY. Good luck everyone. We all can be millionaires.
I started with $5k in appl in the late 80’s early 90’s and by 2020 i had $400k in appl alone. (Edit) I reinvested the dividends when they started paying them and held through all the splits. When I tried to “play it” i always sold mid and bought back high 😂 so I stopped doing that. You are correct - it was a nauseating roller coaster (Roth IRA)
That’s amazing man, wish I had the foresight to do this when I was younger. I have just started to invest now in my late 30s I guess it’s never too late…
As a very late bloomer, I started throwing everything into TSLA in 2020 - 6 months too late for the first massive run-up, but better late than never, right? After four grueling years - during which I constantly added more shares as I could afford them - we arrive at November of 2024, and the decision is finally starting to pay off. No plans to sell any shares before 2030, and it won't be many, even then. Still, what a difference it would have made if I had seen [AND paid attention to] a video like this one from Toby a decade earlier -
Awesome video!! What did you mean when you said “ in a tax free arena, which there are, especially in real estate “? Can you tell us more about what that looks like?
I started my kids both with custodial ROTH IRAs before they were 18 and had them start investing from their first life guarding jobs. Now they are finishing up college and already on to a great start and I have drilled into their heads to get that first 100k as young as possible.
@ they do have taxes taken out of their checks. They can add up to $7k to the Roth provided they earned at least that much. If they earn less than $7k the parents cannot give them a boost by adding to their accounts. But it is really great to get them started as soon as they have a job. Now they are comfortable putting money into the account each pay check and they also have to buy the investment which I just have them buy FXAIX so they learn it's not just saving but you have to put the money to work.
Nice analogy, but where can I predictably get 10%. Been luck to get 4.5-5% last 2 years. Zero % for 15 years b4 that. SPY took 5 years to break even after 2008.
@notmeee7302 The stock market has done even better under Biden the last couple years! In fact, research which party is better for the stock market. You might be surprised!
Hello 👋 I started with a $0 portfolio. Read some great books on wealth and finance. 3 years later I am at 30k. I will keep going 💪 Edit: I am currently 29 years old
Yes, you're on the right track. I was ignorant about personal finance at your age, I was 40 years old when I finally got serious. However, I did earn a 7 years military pension during my twenties.
@simplewelshman Awesome! Thankfully, I work a Job that offers a pension. I work in the casino industry here in Las Vegas. I am not yet vested, but I am looking forward to it 🙂
Great explanation “Don’t eat your seed!” Sound advice and explained well. I’ve scored with leverage and I’ve been blistered by it. I would stay away from leverage in stocks now. Too fluid and can move against you quickly. Great video thanks
Hello, here's your link to get the Free Infinity Book inf.link/ade409. The author also offers classes on Tax and Asset Protection-check them out here aba.link/v29
So can you still double if you are going to loan against your 401K to invest in a business as an example, whether real estate or building a business and does that equation get modified or is that another idea?
Do you ride the downs of the market or do you sell and then re-start by putting money in immediatly after selling? Example 50k in s&p and everyone thinks the market will crash... i am up 15+% do i sell to take profits and then continue to invest but now my risk is lower? And the gains back up might be more?
I wanna note, i am not actively adding money i to this account. Its got a 100k balance, but i am taking money and investing it. So if i dont sell, i will eventually be 100% in
What a great explanation. Been contributing to my annuity for 40 years. Early on an older gentleman in my trade explained the 7 year rule and I wrote down where I should be every 7 years. It wasn’t accurate in my case but I still will end up with a nice return when I retire.
Hello, here's your link to get the Free Infinity Book inf.link/ade409. The author also offers classes on Tax and Asset Protection-check them out here aba.link/v29
Hello, here's your link to get the Free Infinity Book inf.link/ade409. The author also offers classes on Tax and Asset Protection-check them out here aba.link/v29
Hello, here's your link to get the Free Infinity Book inf.link/ade409. The author also offers classes on Tax and Asset Protection-check them out here aba.link/v29
One scenario that I believe needs to be highlighted, and is common, is when someone's networth is mostly in real estate - and producing little to no yield. So that leaves many in a situation where their salaries and normal income streams are equal to overall expenses, so there is little up lift in terms of networth
Hello, you can access your complimentary Infinity Book here inf.link/ade409. Additionally, we offer a free workshop that covers tax and asset protection strategies; you can learn more about it here aba.link/v29
Hello, here's your link to get the Free Infinity Book inf.link/ade409. The author also offers classes on Tax and Asset Protection-check them out here aba.link/v29
Hello, here's your link to get the Free Infinity Book inf.link/ade409. The author also offers classes on Tax and Asset Protection-check them out here aba.link/v29
Hello, here's your link to get the Free Infinity Book inf.link/ade409. The author also offers classes on Tax and Asset Protection-check them out here aba.link/v29
I hit 100k earlier this year, and i will be closing this year at around 160k. It took me 6 years to get first 100k and should take less than 3 yrs to get second.
I'm retired at 27, went from Grace to Grace. This video here reminds me of my transformation from a nobody to good home, honest wife and 35k biweekly and a good daughter full of love
Omg i wouldn't borrow and go into debt to invest. Work really hard and invest those earnings... get a part time job. Deliver for Amazon. Don't go into debt. Side note. Great video! Thanks
I have almost 90 in a combination of equities and mutual fund in a Roth Then another 75k in another account where I buy micro shares of more equities. My Roth is a max 8000.00 contribution yearly. Which account should I stack more. I want to start to snowball after the 100k in one of these accounts.
Hello, here's your link to get the Free Infinity Book inf.link/ade409. The author also offers classes on Tax and Asset Protection-check them out here aba.link/v29
i demand a free 30 min consultation because I bought the book then got it for free. Just need some clarity about either covered calls or setting up LLC taxed as c corp partnering with my other LLC, thans 😊
Hello, here's your link to get the Free Infinity Book inf.link/ade409. The author also offers classes on Tax and Asset Protection-check them out here aba.link/v29
Hello, here's your link to get the Free Infinity Book inf.link/ade409. The author also offers classes on Tax and Asset Protection-check them out here aba.link/v29
Hello, here's your link to get the Free Infinity Book inf.link/ade409. The author also offers classes on Tax and Asset Protection-check them out here aba.link/v29
Hello, you can access your complimentary Infinity Book here inf.link/ade409. Additionally, we offer a free workshop that covers tax and asset protection strategies; you can learn more about it here aba.link/v29
Hello, here's your link to get the Free Infinity Book inf.link/ade409. The author also offers classes on Tax and Asset Protection-check them out here aba.link/v29
Hello, you can access your complimentary Infinity Book here inf.link/ade409. Additionally, we offer a free workshop that covers tax and asset protection strategies; you can learn more about it here aba.link/v29
I received a settlement for $1 million from an auto accident in 2016. I bought $750K worth of rentals that grew to over $3 million by 2022. My wife got sick of tenants and said either I get rid of the rentals or her. Should have said adios to her and kept the rentals. Now starting over again at 61. Thank God I own my home free and clear to use as a launching ramp.
Hello, here's your link to get the Free Infinity Book inf.link/ade409. The author also offers classes on Tax and Asset Protection-check them out here aba.link/v29
Hello, here's your link to get the Free Infinity Book inf.link/ade409. The author also offers classes on Tax and Asset Protection-check them out here aba.link/v29
Download Your Digital Copy Of Infinity Investing: How The Rich Get Richer And How You Can Do The Same 👉 inf.link/ade409
This is so true especially with crypto. Got in early 2024. With 100k. But snowballed like Toby said. Just keep solar cost averaging every dip
Any day BTC is down you just buy X Amount. At 1.5m now. Lfgggg
And rule of 73 works real well when BTC goes up 70 to 200% a year 😅😅😅😊😊😊❤
@@MetalBum solar cost average 😮 what's that
I have 200k already where can I put it and how do I start?
Free Book
Free book
Started late, net worth of about 100k at 43. Now 61 and net worth $1.2 million. Aiming for $2 million at 66 or 67 and then retiring. You can do it.
How much have you been adding each year? I’m 47 with £150k just want to know the journey please. Thanks from the UK
Max out I'm at 1.5 million and I've been putting in 20 % of my income started late also 👍@@JayLou-v9p
Thank you for sharing and Congratulations on your success
Retire my man, you can't take it with you.
Well done sir!
Net worth truly snowballs after $100k! Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE!
Here’s my advice: if you want to achieve significant financial growth this year, be willing to invest. Saving is important, but investing positions you to worry less about savings in the future. Thanks to my CFA, my portfolio is performing exceptionally well, and I’m proud of the decisions I made last year.
Nice. People often underestimate financial advisors' importance. Over 50 years of data reveal that those who work with advlsors typically earn more than those who go it alone. I've been fortunate to work with one for 13 years, resulting in a $1 million portfolio, largely from early investments in AI and other growth stocks.
I've been considering but haven't been proactive. Can you recommend your advlsor? Could really use some assistance.
Kimberly Grace Flanagan is the CFA I use and im just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.
I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.
Im 43 i have $117,000 in the S&P 500. I love videos like this it keeps me motivated to stay on the right track 😌
I have 0!
Trade that stuff. Indexes are a dog.
@@dherman0001what do you mean?
@@Itsdjsigi Indexes are slooooww growth unless youre daytrading leveraged index etf's, which is what you should be doing if youre young and have the time.
Hand sitting is the way.
Basically don't touch the wheel.
26 with 60k saved black man born into foster care never make excuses keep going
Keep it going 🎉 you’re doing awesome !
Nice job, kid!
Very proud of you, young brother.
You’ll make 100k by thirty 🥂! Get it in a high interest account where you can get monthly pay outs from it x
Good man! Keep going!!
Here are the three books:
- The Algebra of Wealth" by Brian Portnoy
- Common Sense Investing" by John Bogle
- The Compound Effect" by Darren Hardy
Thank you for sharing the knowledge.
True. It took me 12 years after college to save 100K. Now at 53 I add 100K every 12 months. Crazy when I think about it.
How do you add 100k every year? Is that based interest rate you receive? Or what’s your process I’m asking because I’m very interested how you end up with that amount. Do you use banks, or is it your job? If it’s your bank, do you have a way higher amount of money in it to be able to receive 100k per year? Thanks!
@@MikeSmithjnnnprobably talking about a career or job that pays him/her a $100k annual salary. That sounds more realistic. There is no investment or financial institution that would be able to flip $100k in 1 year without going bankrupt unless it’s personal Real Estate Ventures or Cryptocurrency but it would have to be extremely high risk to produce $100k annual passive income in only 1 year with only $100k capital.
@@peaceful4you408 12 years after college, so by the time he was around mid 30s... So he has like 1M or so now at 53..
Compound interest
inflation
Took me 4yrs to get to $100k ... only been 6 months almost a 3rd the way to my second $100k .... it's crazy how much faster it becomes
That’s because of the stock market
I love it when people explain things so clearly without sounding patronizing. Thank you!
I'm 25 and just hit 64k. Just finished my BA with no debt and about to use my GI Bill for grad school. Should be able to invest another 120k from excess benefits.
Almost same story here, 25 and 64k in markets, BA no debt. Great job, we’re doing very well for our age and continuously reassuring myself it will grow faster if I don’t spend beyond my income/budget as tempting as it is
You're both where I now wish I was at that age. I just had zero financial education. I learned and I'm on my way, but I could have been at the finish line choosing whether to continue or retire by now. Save/invest aggressively while you're young people.
@@twizted3k I've heard people say however that your 20s is the best time to travel/see the world if you're able to as later on you'll have too many responsibilities and not enough energy and in some ways that's more valuable than money, do you have advice on that?
Good shit brother. Having no debt is huge. I'm very thankful my parents paid for my school. I just turned 25 and just hit 160k net worth. Having a good job and company retirement match is what carries me.
Buy Bitcoin, don't look back.
It took me 8 years of saving to reach my first 100k. It took me 3 to reach 200k. I think a lot of people don't factor in that as you gain experience, your income also goes up over time. The biggest difference maker for me wasn't even the compounding, but simply from my own raises.
Building wealth requires developing strong financial habits. At 42, I had just $178k to my name when I realized the importance of a disciplined approach. I chose the stock market as my growth vehicle and enlisted the help of a skilled financial advisor. Financial management is a critical topic that many overlook, often leading to significant regrets down the road.
Currently, I'm managing my finances carefully and maintaining a frugal approach. Over the past 19 months, my investments have grown by 43%, generating over $500K in profits. However, recent losses in the last month have left me feeling uncertain. I'm torn between selling off my positions or holding steady to see how the market plays out.
Having a solid strategy is invaluable. My portfolio is well-positioned for all market conditions and recently achieved a 100% increase since early last year. My Certified Financial Planner and I are currently targeting a seven-figure milestone, which we anticipate reaching by Q3 2024.
Your advisor seems to have a strong track record. May I ask if you are still working with the same advisor, and how I might get in touch with them?
Rebecca Lynne Buie has consistently been my top recommendation. She’s widely recognized for her expertise in financial markets and has a strong track record. I highly recommend her.
It took me almost 13 years to hit my first 100k in my 401k, then 2 years later I’m almost at 190k.
Invest in what? 401k? Is that what is doubling. Or s&p? That what l don't understand
And 1p doubling for 31 days
Is over TEN million
So you were a little way off with your 3 million
If you max out your 401k you should be over 100k in 5 years
@@boyasakahire someone for your investments, because it would net you $2.684.354,56.
That's must have been these last couple of years..
My Networth exploded after $1
They say going from $1 to $10 is the fastest!
😂😂😂
Lol
No, 0 to 1 is the fastest
You can only go up from there.
I tell everyone I know this is the key to the millionaires club. I did it starting at age 40 and now 60. I am a millionaire. It's so rewarding to watch your own money grow after 100k! It takes all the financial stress out of life and your able to really live and enjoy retirement. This video is a #1 that everyone should watch. I wish they would teach this in high school.
Thanks!
Thanks for the super thanks!
Kudos, Mathis. 43 here and kudos for creating this. With a good investment plan that ensures steady income without any doubts I and my wife are prepared for a well organized retirement. I started investing a year ago and so far, I’ve watched my networth grow exponentially after my first $100k. I've learned that getting a good return is very much attainable only if you know your way around it.
You say it like it's easy forgetting that not everyone is as lucky as you are. I've tried to invest in the past without much progress. How are you able to do it?
It's totally far from luck. Sir Jonas Herman, a CFA has consistently outperformed the market ever since I got on his program. He has continued to put my $35k to good use with market driven strategies making me an optimal return of over $121k
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.
49 and recently divorced. I’ve always wanted to invest but my ex never saw any sense in this. I’m ready to give it a shot. How can I reach him?
Hermanw jonas that’s his gmailokay
If I had $360k I would invest $100k in tech & $260k into dividend stock with a proven track record to grow with capital appreciation & dividend increase year over year
Adding JEPI and JEPQ are smart additions in my opinion. As for staying committed to higher-risk investments, it's all about balancing your risk tolerance with your long-term goals.
The market is not necessarily a rollercoaster if you know your way around the market, there are various opportunities in the present market to accrue good profit, If you are not too savvy with the market, just buy and hold on strong companies with good earnings, or consult with advisors on ETFs and actively managed funds. that’s what works for my spouse and I. We've made over 30% capital growth minus dividends.
I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advisor? I'll be happy to use some help.
Finding financial advisors like Melissa Terri Swayne who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
I searched her up online and checked out her credentials since I was so intrigued. Top-notch! I emailed her to inquire about accepting new clients.
Here are the three books:
1- The Intelligent Investor
2- Zero to One
3- Think and Trade like a Champion
Thanks
What a seemingly simple concept that many people cannot attain because of sheer impatience. EXCELLENT VIDEO!!
I love this channel, Public school will never teach this!!
I am a private school principal and my students don’t graduate until they learn about the power of investing and compound interest.
Life skills!
Public school is not for this
They can't teach this. It's not in the curriculum.
@@champfisk5613 lol it should be. Public schools have taught other financial elements of life for decades at least. Why not 15 minutes at minimum on what investing can do, or offer an investing course? Do away with useless social studies got plenty of room to get in depth.
@@robert549 this is a misguided belief that life is about Money only. Based on what you’re saying, learn nothing about history and social life, just make some cash to buy things. That sounds grand!
Wealth is when small efforts produce big results
Poverty is when big efforts produce small results
Great quote
Makes no sense
@@jumpman366 it refers to the snowball of compounding.
@@Black-Circle i get that but i dont take investing as a small effort. In fact it’s easier to be broke, nothing big about that.
And if you up your efforts in investing (capital) you get even bigger results.
Hows about both
I am 46. Started 401K 6 years ago. Started very late. Now sitting at 163K in 6 years.. All money is in s&P 500..
You are one of the only people I've ever heard mention "accredited investor". That is a huge milestone that, for some reason, most people totally forget. Thank you for bringing that up!
HVAC guy here who broke 100k invested a few weeks ago. “Little things” always being little things has helped us because I can fix just about anything at home and on the car.
Thank you for your highly intelligent and straightforward presentation. I love your channel and I'm buying your book, too!
free copy
Thanks to you, I now have realistic expectations for this bull run. I entered crypto earlier this year, and your insights on cycles and market connections have been invaluable. I now understand how global markets impact crypto, so I'm watching traditional market tops closely. Without your guidance, I’d probably be holding blindly instead of actively managing my positions. Growing my portfolio from 2.3 BTC to 24 BTC in a few months has been incredible. Special thanks to Seren Wintersun for her expertise, which has been essential in navigating this complex landscape.
SHE IS ON TELE GRAM.
@Serenwintersun
In a field as rapidly evolving as cryptocurrency, staying updated is crucial. Seren’s continual research and adaptation to the latest market changes have been instrumental in helping me make informed decisions.
Nice, I was just hoding before I found Wintersun. In my opinion she is the very best out there.
The same high-yield potential exists in both bullish and bearish situations; what matters is how information and technique are used. Not neglecting professional advice.
The one I don’t hear enough people acknowledge is that a 100k portfolio is right on the line where annual returns begin to outpace what someone earning a median salary can reasonably save in a year. From that point, your ability to contribute new money becomes less of a factor in the wealth building process.
No.
100k gives you 5k per year annually
@egor.okhterov Right? Maybe 20 in a very good year. 401k contribution limit is 23,500 which ups the account balance the same as a good year.
This software has exceeded my expectations. Thanks for the insightful walkthrough!
Free infinity investing book. Great video! Here in my country, Brazil, we don't have access to this type of information. Governors don't want people informed about finance.
Hello, here's your link to get the Free Infinity Book inf.link/ade409. The author also offers classes on Tax and Asset Protection-check them out here aba.link/v29
You are a great teacher! .been subscribed for a while. Thanks! Free book please!
Download Your Digital Copy Of Infinity Investing: How The Rich Get Richer And How You Can Do The Same 👉 inf.link/ade409
I wish I had learned this when I was young. I started late but butter today than never.
“The best time to start was 20 years ago, the second best time is now”
Please send me your free book.
Thank you.
Download Your Digital Copy Of Infinity Investing: How The Rich Get Richer And How You Can Do The Same 👉 inf.link/ade409
In this Example was the investment made in stocks? Multiple Stocks? Thanks
That first column starting with the $1000 people may scoff at when its $16,000 many years later reminds me of collectables (whatever you're into) that sits in your attic or closet or safe that you kept and 'forget about' for awhile. All that inflation and the generational nostalgia that eventually comes back around suddenly drives their value sky high.
THX teaching me again...and yes it is working a lot... peace from Germany
$100k by 24. Now $550k in cash, 150k in stocks, and $1M in home equity at 36 years old. Combination of side hustles, stocks and crypto, 1 rental and building 1 ADU
Cash and stocks should be the other way around...
@ I’m a little more conservative than I’d like. And I’m looking to buy another house or build another house
Rule 72 is good but your investment return could even be better if you invest in individual stocks. In 2009 I started with 150 K. At the age of 31 as of today November 2024 my portfolio has grown to 17 million. Mostly in NVDA, APPL, TSLA. But one should be willing to stomach nauseating marked ups and downs of the market. It was brutal at times....so YES you got to be patient, that's the KEY. Good luck everyone. We all can be millionaires.
I started with $5k in appl in the late 80’s early 90’s and by 2020 i had $400k in appl alone. (Edit) I reinvested the dividends when they started paying them and held through all the splits. When I tried to “play it” i always sold mid and bought back high 😂 so I stopped doing that. You are correct - it was a nauseating roller coaster (Roth IRA)
Congrats!! 🎉
That’s amazing man, wish I had the foresight to do this when I was younger. I have just started to invest now in my late 30s I guess it’s never too late…
As a very late bloomer, I started throwing everything into TSLA in 2020 - 6 months too late for the first massive run-up, but better late than never, right? After four grueling years - during which I constantly added more shares as I could afford them - we arrive at November of 2024, and the decision is finally starting to pay off. No plans to sell any shares before 2030, and it won't be many, even then. Still, what a difference it would have made if I had seen [AND paid attention to] a video like this one from Toby a decade earlier -
Awesome video!! What did you mean when you said “ in a tax free arena, which there are, especially in real estate “? Can you tell us more about what that looks like?
Wow I just realized I haven’t heard/seen someone write on a chalkboard in like 20 years 😂
Where is the money initially put for this doubling effect to take effect.. where exactly you putting the money to grow it?
S&p 500
Common stock (C fund), Small Cap Business (S fund), and International (I fund).
Your own savings and leverage if possible.
VOO or SPY, S&P500 index funds
DOGE coins
I started my kids both with custodial ROTH IRAs before they were 18 and had them start investing from their first life guarding jobs. Now they are finishing up college and already on to a great start and I have drilled into their heads to get that first 100k as young as possible.
Isn't the Roth IRA post tax money only, but youths don't pay taxes as dependents? Am I wrong?
@ they do have taxes taken out of their checks. They can add up to $7k to the Roth provided they earned at least that much. If they earn less than $7k the parents cannot give them a boost by adding to their accounts. But it is really great to get them started as soon as they have a job. Now they are comfortable putting money into the account each pay check and they also have to buy the investment which I just have them buy FXAIX so they learn it's not just saving but you have to put the money to work.
This should be taught in schools in lue of what gender you need to be. As not everyone has the time or the money to watch it grow
In lieu of
Free infinity investing book, thank you!
This is so stellar... Practical finance 101 gateway video
Nice analogy, but where can I predictably get 10%. Been luck to get 4.5-5% last 2 years. Zero % for 15 years b4 that. SPY took 5 years to break even after 2008.
I was making 34% when Trump was in office before: 401k in S&P in C fund. Had some in International & S fund.
@notmeee7302 The stock market has done even better under Biden the last couple years! In fact, research which party is better for the stock market. You might be surprised!
@@notmeee7302The stock market has been even better under Biden!
Study bitcoin.
Shares of ET are about 10% dividend yield
Hello 👋 I started with a $0 portfolio. Read some great books on wealth and finance. 3 years later I am at 30k. I will keep going 💪
Edit: I am currently 29 years old
Yes, you're on the right track. I was ignorant about personal finance at your age, I was 40 years old when I finally got serious. However, I did earn a 7 years military pension during my twenties.
@simplewelshman Awesome! Thankfully, I work a Job that offers a pension. I work in the casino industry here in Las Vegas. I am not yet vested, but I am looking forward to it 🙂
First 100k 2 years ago and I just hit my first million a few weeks ago
NVDA baby🚀😎
How do you do that?
Don’t eat the seed - it is a brilliant way of explaining it.
Thank you Lord Jesus for the gift of life and blessings to me and My family $14,120.47 weekly profit our lord Jesus have lifted up my Life!!!
Waking up every 14th of each month to
210,000 dollars it's a blessing to I and
my family... Big gratitude to Anna
Duke
May God bless Mrs Anna
services, he have changed thousands of
lives globally.
Yeah, 253k from Harrick maureen, looking
up to acquire a new House, blessings.
Please who is this Mrs Anna
This sounds so good andl would like to
be a party to this, is there any wayl can
speak with her?
I have just achieved 125k portfolio investments 🎉 thanks for the great video
Great explanation “Don’t eat your seed!”
Sound advice and explained well.
I’ve scored with leverage and I’ve been blistered by it. I would stay away from leverage in stocks now. Too fluid and can move against you quickly. Great video thanks
Free infinity investing book, thank you! Great information and explanation!
Hello, here's your link to get the Free Infinity Book inf.link/ade409. The author also offers classes on Tax and Asset Protection-check them out here aba.link/v29
So can you still double if you are going to loan against your 401K to invest in a business as an example, whether real estate or building a business and does that equation get modified or is that another idea?
Free infinity investing book, thank you.
Hello, here's your link to get the Free Infinity Book inf.link/ade409.
Do you ride the downs of the market or do you sell and then re-start by putting money in immediatly after selling? Example 50k in s&p and everyone thinks the market will crash... i am up 15+% do i sell to take profits and then continue to invest but now my risk is lower? And the gains back up might be more?
I wanna note, i am not actively adding money i to this account. Its got a 100k balance, but i am taking money and investing it. So if i dont sell, i will eventually be 100% in
Does it matter if the $100k+ is spread across different accounts and real estate?
woww thank you so much!! i love your energy and you're great at teaching!! i subscribe immediately.
What a great explanation. Been contributing to my annuity for 40 years. Early on an older gentleman in my trade explained the 7 year rule and I wrote down where I should be every 7 years. It wasn’t accurate in my case but I still will end up with a nice return when I retire.
Free books. Thanks for teaching and breaking it down to us.
Hello, here's your link to get the Free Infinity Book inf.link/ade409. The author also offers classes on Tax and Asset Protection-check them out here aba.link/v29
Ok❤ I thought this was going to be the same old "100k" video, but you actually put some thought into it.
Toby, your channel is pure wealth. I wish you were my school teacher when i was growing up.
Free Book, and thanks for the great info.
Hello, here's your link to get the Free Infinity Book inf.link/ade409. The author also offers classes on Tax and Asset Protection-check them out here aba.link/v29
Great Knowledge when you’re young and just starting out. if you in your senior years, Don’t even bother watching.
😢
Free Book … Thanks sir 😊
Hello, here's your link to get the Free Infinity Book inf.link/ade409. The author also offers classes on Tax and Asset Protection-check them out here aba.link/v29
Can I get the pdf book please :)
Appreciate the knowledge. Would love the free book version. Thanx mate
Wonderful content!! Subscribed and liked! Thank you, Toby!!
Does this apply to crypto holders too?
Wow I love the way you explain this. It’s so clear and motivational. 🙏🙏🙏
This is such a clear explanation.. Thanks!
One scenario that I believe needs to be highlighted, and is common, is when someone's networth is mostly in real estate - and producing little to no yield. So that leaves many in a situation where their salaries and normal income streams are equal to overall expenses, so there is little up lift in terms of networth
Free book. I love the way you laid these concepts out very easily! Thank you!
Hello, you can access your complimentary Infinity Book here inf.link/ade409. Additionally, we offer a free workshop that covers tax and asset protection strategies; you can learn more about it here aba.link/v29
Excellent easy to understand video ! Thank You !
All well and good but where the heck can I get a 10% interest rate?
Thank you for the education! Free book please:)
Hello, here's your link to get the Free Infinity Book inf.link/ade409. The author also offers classes on Tax and Asset Protection-check them out here aba.link/v29
Free book! Thanks for the video 🙏
Hello, here's your link to get the Free Infinity Book inf.link/ade409. The author also offers classes on Tax and Asset Protection-check them out here aba.link/v29
Yes, but what kind of investment ?
Free book. Thank you. Awesome presentation 🙏
Hello, here's your link to get the Free Infinity Book inf.link/ade409. The author also offers classes on Tax and Asset Protection-check them out here aba.link/v29
I hit 100k earlier this year, and i will be closing this year at around 160k. It took me 6 years to get first 100k and should take less than 3 yrs to get second.
I'm retired at 27, went from Grace to Grace. This video here reminds me of my transformation from a nobody to good home, honest wife and 35k biweekly and a good daughter full of love
Did you mean 72?
Hey, I’m 25 year old and have 100k already invested in the market in only 2 ETFs. Hope to get there soon ! 🥳
Teachers are so important in a democracy. Respect our teachers
Omg i wouldn't borrow and go into debt to invest. Work really hard and invest those earnings... get a part time job. Deliver for Amazon. Don't go into debt.
Side note. Great video! Thanks
I have almost 90 in a combination of equities and mutual fund in a Roth Then another 75k in another account where I buy micro shares of more equities. My Roth is a max 8000.00 contribution yearly. Which account should I stack more. I want to start to snowball after the 100k in one of these accounts.
This was a fire 🔥 financial lesson 📈📈📈📈📈‼️
Thank you for all your educational videos.
I would like a copy of the free book.
Hello, here's your link to get the Free Infinity Book inf.link/ade409. The author also offers classes on Tax and Asset Protection-check them out here aba.link/v29
i demand a free 30 min consultation because I bought the book then got it for free. Just need some clarity about either covered calls or setting up LLC taxed as c corp partnering with my other LLC, thans 😊
Hello, you can schedule a free consultation here: aba.link/9f5
Free book. Thanks for all the info!
Hello, here's your link to get the Free Infinity Book inf.link/ade409. The author also offers classes on Tax and Asset Protection-check them out here aba.link/v29
Free book please. Thanks for the video!
Hello, here's your link to get the Free Infinity Book inf.link/ade409. The author also offers classes on Tax and Asset Protection-check them out here aba.link/v29
Free Book Please! And thank you for the lesson.
Hello, here's your link to get the Free Infinity Book inf.link/ade409. The author also offers classes on Tax and Asset Protection-check them out here aba.link/v29
I would like to have a penny doubling for every time you take your glasses off and put them back on lol. Love the video man
Free Book?
Hello, you can access your complimentary Infinity Book here inf.link/ade409. Additionally, we offer a free workshop that covers tax and asset protection strategies; you can learn more about it here aba.link/v29
Thank you for taking the time to create this educational video. Please, for your book.
Hello, here's your link to get the Free Infinity Book inf.link/ade409. The author also offers classes on Tax and Asset Protection-check them out here aba.link/v29
Every video I watch always shows these charts. Where exactly am I investing to? What kind of app or bank am I using??
Free book please. Great info, will share this video.
Hello, you can access your complimentary Infinity Book here inf.link/ade409. Additionally, we offer a free workshop that covers tax and asset protection strategies; you can learn more about it here aba.link/v29
I received a settlement for $1 million from an auto accident in 2016. I bought $750K worth of rentals that grew to over $3 million by 2022. My wife got sick of tenants and said either I get rid of the rentals or her. Should have said adios to her and kept the rentals. Now starting over again at 61. Thank God I own my home free and clear to use as a launching ramp.
$1 million from an auto accident ? how bad was the accident ?
1 of the greatest explanation 👍
Free book. Thank you!
Hello, here's your link to get the Free Infinity Book inf.link/ade409. The author also offers classes on Tax and Asset Protection-check them out here aba.link/v29
Free book. Thanks Toby 🙏🏻👏🏻
Hello, here's your link to get the Free Infinity Book inf.link/ade409. The author also offers classes on Tax and Asset Protection-check them out here aba.link/v29