The Wealthy Idiots Show

The First $100k is a B*tch | Begin Investing 2023


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Charlie Munger stated "The fIrst $100k is a b*tch" and was adamant that a new investor do anything to get to the $100k number. Why is it so hard and what's the significance of $100k?


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Disclaimer: Nothing in these videos is intended to be professional financial advice. This is for entertainment and educational purposes only. We hope to motivate the viewer into taking serious steps into improving their financial future, however, a licensed financial advisor should be consulted when ever necessary. The viewer assumes all financial risk on any endeavors they attempt.


00:00 Introduction

01:54 Misunderstanding Compound Interest

05:07 Where to Start Investing?

06:52 Stay in the Market | Diamond Hands

09:23 Low Impact Investing

12:41 Encouragement and Conclusion



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The Wealthy Idiots ShowBy The Wealthy Idiots