Why Net Worth Explodes After $100K! (And How to Get There FAST)

#dividendinvesting #retireearly #dividendstocks #dividendsexplained #stockmarket

Why your Net Worth Goes CRAZY After $100K!

Everyone wants to be a millionaire, but for most of us, reaching that number seems unrealistic. What many don't know is that the hardest part about becoming a millionaire is investing your first 100K and it gets a lot easier after that.

That's why we put together this video to explain how anyone can become a millionaire by learning to manage their money and investing consistently. And reaching the 100K mark as soon as possible.

Please let us know your thoughts in the comments, we would love to hear from you!

You got this! Enjoy the journey as you work towards becoming a millionaire.

I am not a Financial advisor. Nothing I say or produce on YouTube, or anywhere else, should be considered as advice. All content is for educational purposes only. I am not responsible for any financial losses or gains. Invest and trade at your own risk.

Video Chapters:
00:00 - Intro
1:12 - The Importance of the first 100K
2:00 - 3 Steps to Save 100K
4:00 - How to start investing
4:45 - S&P 500 Returns
5:20 - Tom's Road to $100K
6:15 - Why $100K is hard but $1M is easy
6:50 - Recap

#financialfreedom #howtobecomeamillionaire #passiveincome #dividendinvesting #dividendstocks #retireearly #financialfreedom #1million #100k #dividendinvesting #retireearly #dividendstocks #dividendsexplained #stockmarket

[canadianpolitics]

Hey guys, thank you for watching this Video! If you have any questions or any ideas on a video that you'd like to see in the future please let me know here! 👍🏻

[melissamoores]

What ETF would you recommend? I’m in Canada.

[denisrivas]

Thank you. This video is very insightful! Looking forward to more finance videos

[Tylenol]

The question is where you can invest compound interest? Banks only give 1.60 percent interest, mutual funds is risky, Guaranteed interest certificates is going down plus its annual only, you cannot make put money everyday or every month