Why the first £100,000 is the hardest, but the rest gets easier

The first 100k is the hardest, but the rest gets easier.
In this video we talk about why the first 100k is so hard to get, why it's so important that you do and why the next 100k is so much easier.

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[PrettyPennyClub]

Yep, as pointed out by everyone, Charlie Munger is not of Vanguard fame! The internet loves a misspoken word or two!

[itsmesaltax]

28 and just hit 178K. 100K ISA + 77K SIPP. Every day I look forward to the future of compounding. It really picks up. 😁

[simonsinvestingjourney]

Awesome video David, I’ve literally just started my journey to 100k and this is a great video.

[magicminnie]

You are doing so well David, in such a short space of time. 🎉

[dovey]

I really appreciate your calm and communicative videos. Thanks.

[TheCompoundingInvestor]

Thanks for sharing and all the best on your journey

[IainGeddes]

Great stuff David, I love the calming effect you have on video; not everything has to feel hectic and rushed all the time - just do what you can consistently and take it easy, right? All the best, and onwards to that 100K 📈

[jsocmoss]

Great video man, I appreciate your candidness you've got a new subscriber for sure

[jmpersonalfinanceandinvesting]

Charlie Munger of Berkshire Hathaway fame. Jack Bogle of Vanguard fame.

[richardwall]

Morning David Just come across your video on the tube .Yes I'm 100%with you on much of what you and many others say Listening to the likes of Charlie and Warren I would say is great advice .Making a first move is always a very positive step , however small it may be .The thing that I see in so many vids is the "hindsight "rear view mirror view of it all If udd invested x, y number of years ago All very true but what certainly "scuppers "many of us is a market "correction "!!!Keeping invested and if you can fight the human urge not to come out but go in deeper when it's down Please get your viewers to subscribe as I have Shall be following you Good luck with the £100k quest sir 😊😊😊

[brakmaster]

We're on a similar journey. I keep coming close to the 100K but have not yet achieved it. I believe this may happen this year or next year. I am not certain because most of my net worth is tied to equities. It has been a 6 year process since I started taking investing seriously. I am turning 40 this year so looking forward to the future.

[Stillbusy]

Good video, I have too much in savings & not stocks / shares, it’s a guaranteed 5% at present but will try to build it up into shares, am kinda worries the market is due a correction & don’t want to see big drop where I put it all in at once etc

[chang.]

Does this 100k have to be in a single fund, or can it be across multiple funds in order for explode?

[macsidia]

You said starting from £0 is very difficult, It's even worse if you start from being in debt.

[pauldeal]

100k I had it but lost it back at 26k 😢

[davidjones]

Charlie Munger is not of vanguard fame