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'The first 100k is the hardest' | Charlie Munger quote explained
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In this video we break down the famous quote from Charlie Munger where he says the first $100k is the hardest, but that it gets easier after that.
We look at the maths behind it, and then go through a few ways we can speed up getting our hands on that first £100k - spoiler alert, there aren't really any quick rich schemes.
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If you enjoy the video like, comment, share, subscribe and give The Money University UK a follow on social media.
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This video hopefully helps you understand Charlie Munger's quote, but it should not be taken as personal advice. Please remember that all investments can fall as well as rise in value so you could get back less than you invest. This video is just an example, not personal advice.
All the clips used in the vid are for entertainment purposes.
Message if you'd like them removed.
We look at the maths behind it, and then go through a few ways we can speed up getting our hands on that first £100k - spoiler alert, there aren't really any quick rich schemes.
_____________________________________________________
If you enjoy the video like, comment, share, subscribe and give The Money University UK a follow on social media.
_____________________________________________________
_____________________________________________________
This video hopefully helps you understand Charlie Munger's quote, but it should not be taken as personal advice. Please remember that all investments can fall as well as rise in value so you could get back less than you invest. This video is just an example, not personal advice.
All the clips used in the vid are for entertainment purposes.
Message if you'd like them removed.
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