Why Your First $100k Is The Hardest (Mind-Blowing Maths Revealed)

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Charlie Munger famously said "the first $100k is the hardest" but in this video we're going to go through the maths to see if he was right or not.

Thank you to @FamilyFinance and @ThomasGoldstepFinance for the inspiration behind this video!

I think you'll find these numbers motivating because it shows that after you reach the hurdle of your first $100k, it does indeed get so much easier to grow your wealth. I'll also share some tips on how to save your first $100,000.

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Disclaimer:
This information is general in nature and does not take into account your personal financial circumstances. It is for educational purposes only, and does not constitute personal financial advice or any other professional advice. You should always do your own research and seek professional advice that is tailored to your specific needs and circumstances.

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Thanks Queenie, good general "money" advice

rfizz
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Is this dividend investing or investing just into VOO that doesn’t pay dividends?? I’m at 8k invested in my dividend portfolio 😅

DARTHDANSAN
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Queenie can you suggest best platform to buy US Etfs. I use CMC but the minimum trade is too high to buy more ETFs

darkhorse
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Hi Queenie, we love your video, may we know if we could work with you?

irisye
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Your Channel has changed my life for the past 3 years now, thank you and God bless you .
Thank you for the Vivident investment you told us to join during the pandemic, I just bought my first house from my investment profits with them ...

lucyben