Why Net Worth Goes Crazy After £100k!

Getting to £100k is hard but a million is easy. Here is why investing gets easier once you reach the £100k mark.

Sources Used:

#investing #personalfinance #budgeting

[cloudyblaze]

I'm almost getting to that 100k mark. 😁 Do you think it's a good time to consider selling some stocks, or is it better to hold onto them for the long term? I’m considering rebalancing my 180k portfolio, So I'm curious about the best strategies to invest this year.

[AimiHiroshi]

Inflation has a greater impact on people's cost of living than a crashing stock or housing market,
resulting in an immediate and tangible effect. This explains the current high level of negative market
sentiment, and our need for assistance in surviving this challenging economy. The financial markets have
underperformed due to fears of inflation, causing stock and bond prices to plummet. Despite sounding basic,
consulting a financial advisor has enabled me to outperform the market and achieve a profit of $850, 000
since June 2022, making it the ideal approach to enter the financial markets today.

[pataleno]

I’m 54 no mortgage or debt and Currently at £500k and growing. Looking to go 6 years more then
Retire at 60.

[egdanielencarnacion]

$100, 000 in 1990 has the same purchasing power as $230, 175.98 today. Still ways to go, but great job!

[notafinancialadvisor]

Great points. Compounding interest is awesome when you finally start seeing the results. Until then it really felt like a grind for me.

[musemellow]

Managed to accumulate 60k this year alone. I will hit $100k networth (excluding retirement fund and ppor ) by the end of this year.
I'm so excited with my future, yet feel so stupid looking at the past, for not being financially educated at a younger age.

[educatedwanderer]

At 28 I was at 20k in my 401k, then at 38 I reached 125k, at 48 I reached 300k, then at 53 I'm at 700k. You can see the compounding snow ball effect, it grows bigger as it accelerates. I've been investing and had an unexpected windfall along the way in two IRA's, and a taxable brokerage also so my net worth is 2.3M and I have ten years before I retire.

[TomsPersonalFinance]

Great video, mate. Best of luck with the channel.

[tiuetkx]

Great content, look forward to keeping up with the content. There’s not enough non-American finance channels out there!

[cjyoung]

Another solid vid! Excited for more content!

[oliviani]

Whenever I see videos speaking about money. I always wish people knew what I knew about money and how it’s not so difficult to hit your financial target if you know the right steps to take. Honestly, I see Not making upto a million before retirement as an unfulfilled retirement. I’m 54 and my husband is 50 . We are both retired with over $3million in net worth and no debts. Currently living smart and frugal with our money. No longer putting blames on the FED for our misfortunes. Saving and investing lifestyle in the stock market made it possible for us this early. Even till now, we earn weekly.

[simonhollis]

I've seen verious videos on this, but this one offers the best perspective of them all

[ludvigifvarsson]

Currently at £50k and 20 years old. Got some insurance money and been working since 16. Hopefully will hit £100k by 22

[dylanwilsonYT]

Nice video bro. Won't be long before you get 1K! :)

[zsoltecsedi]

Really polished video, also great content. 10K subs at the end of this year, 50-100K at the end of '24.

[codeblue]

I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.

[TravisFont]

The longest you’re outpacing Inflation, you’re gold. Keeping 4-7% after is where the real profits exists

[importedmusic]

I have around £320k saved up in a few different places. Im 35 and yes it is hard but as this video says it's all about limiting your outgoings.

[jamalraja]

Hey James, brilliant video! Could you do a portfolio reveal?

[CaliToTheCrowd]

Loved this video mate!
Looks like some... err... larger channels (Cough Mark Tilbury) are trying to steal your video ideas, but you nailed this one!