Why Net Worth EXPLODES After $100K (And How to Get There ASAP)

Here's the math behind why your Net Worth skyrockets after hitting $100K, and how you can get to $100K in investments as quickly as possible.

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WHO AM I?
Hello 👋 I’m Humphrey, I used to be a financial advisor, worked in gaming/tech, and started my own eCommerce business. I make practical, rational content on investing, personal finance, the news, and much more with a data-backed approach. My goal is to help you with financial literacy and creating wealth.

PS: I am no longer a current Financial Advisor, any investment commentary are my opinions only. Some of the links in this description are affiliate links that I do receive a commission for & they help support the channel!

⏱️ Timestamps:
0:00 - Start Here
0:38 - Core Principle 1
1:42 - Core Principle 2
3:20 - Illustration of Compounding
5:02 - The Value of a Dollar (Pre $100K)
6:00 - What the First $100K Made Up Of
7:02 - Strategy 1 to Get There Fast
7:55 - Strategy 2 to Get There Faster
9:03 - Strategy 3 to Get There Fastest

[BerryRyan-glsm]

Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.

[BrewerVera]

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!

[Greggsberdard]

I anticipate positive growth in the markets for 2024, and I'm considering investing $220k in stocks for my retirement plan due to recent rate cuts. Could you provide guidance on executing this investment safely? Additionally, are there any crucial tips or changes I should be mindful of in the current financial landscape?

[Riggsnic_co]

Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.

[kitaglascoe]

In good market conditions, with a growing economy and low-interest rates, financial manager raise funds from venture capitalists, or take the company public and sell shares on the stock market.

[jessieyoung-szn]

I recently sold a house in Portland, and I'm considering investing the proceeds in stocks. I know it's a wonderful time to buy, but is this the right moment? When will I fully recover? I'm honestly just perplexed at this point as to how other folks in the same market are making over $450, 000 in gains in a matter of months.

[PremSteve-ygde]

I recently sold some of my Nvidia stocks to secure profits, but I'm retaining a portion for the long term, its growth potential is robust. I'm also considering diversifying my $400K stock portfolio, but I'm uncertain about managing risks in my next move.

[Chris-lt]

I am trying to avoid making any new buys at this point in other not to get sucked into a bear market trap.It's tough making money in stocks when institutional investors are the driving force behind the selling.. although I read an article of people that grossed profits up to $150k during this crash, what are the best stocks to buy now or put on a watchlist?

[AminaCasazza]

Additional earnings reports from major tech companies, driven by Nvidia, coupled with trader FOMO, could fuel a resurgence in market buying pressure. I'm considering investing over $300k, but I'm uncertain about risk mitigation strategies.

[LarsBergstrom-uheu]

I’ve been diligently working, saving and contributing towards early retirement and financial freedom, but since covid outbreak, the economy so far has caused my portfolio to underperform, do I keep contributing to my 401k or look at alternative sectors to meet my goals?

[dianarabbanii]

It's a common misconception that when a stock you buy skyrockets, the smart thing to do is sell it (or at least sell some of it) to lock in your profits. But the context matters. If the stock has increased sharply because the business is performing exceptionally well, it could still be a bargain. I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas...

[Bestjudy]

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274, 800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

[JenniferDavis]

As an avid investor, I often mull over how accomplished investors are able to amass fortunes through their investment endeavors. Presently, I hold equity exceeding $545K from a recent home sale, yet I'm uncertain about my next investment move. Should I consider buying stocks at this time, or should I await another opportunity?

[frankedwardark]

I have a 3 fund portfolio consisting of 33% S&P, 33% Total stock, and 33% international. I feel a need to focus on complete growth so I went 100% stocks, but does the SP500 and TSM overlap too much to make sense holding both? However I’ve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait but watching my portfolio dwindle away is such an eye -sore.

[ElizabethKing-quob]

I’m mostly in cash and waiting for market to re-level on the reality of our situation. Or are there any ways I can avoid a crunch and maximize my savings of $550k? I know election years are positive for the stock market about 90% of the time. Meanwhile, I'm just focused on making better investments and earning more as recession fear increases.

[tinsleyLuna]

I’m brand new to buying stocks. I need basic instructions on how to spread $100k across the market in order to achieve a 7 figure portfolio. Im wondering if now is a good time to start investing, or do I wait for a crash to buy at discount price?

[Pamcheryl]

In my opinion Al will be the next big thing. Refraining from making snap decisions based on transient fluctuations is essential for long-term growth similar to META. Put patience and a long-term view first, and if you want to make well-informed purchasing and selling decisions, consult a financial advisor.

[jameschaves]

As a new nurse I started maxing out my 401K. That was $15, 500 then. Because it came straight out of my check I never missed it. I’ve continued to do this for 23 years. The limit is now $19, 000. Still doing direct withdrawal. Last I checked my portfolio it’s worth $1.7 million. I was young and went with aggressive funds. My point is, start early, use direct withdrawal. You can’t miss something you never had. Best of luck to everyone.

[alln]

Started at age 56. First year saved about 11k. It sat in a lame .15% interest account. Second year moved it to HY savings. 🤦‍♂️ Also saved about another 13K. Year three started with 401K enrollment. Then a Roth IRA. working feverishly to max out 2023 before April 15, then start on 2024. Currently at about 37K.
Bonus, I will qualify for the 2025 catch up IRA for people 60-63. I treat this like a part time job and read and research constantly.
Paying it forward, I talked three youngsters at work into 401k enrollment as well.
Thanks for all the encouraging videos and comments.
Now or never.

[dimitristripakis]

I got into it too late, but my son is now 8 and we re at 18, 000. By the time he is 20 it should be 100, 000. So the kid has a good chance, although I missed mine. It's never too late if you have a family!