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Why Your First $100,000 Is So Hard (And The Next Is Not) | Ep 30
Watch the YouTube version of this episode HERE or read the written version HERE
►Research stocks with Seeking Alpha https://seekingalpha.me/VanillaInvestor
►The Vanilla Newsletter - get the written version of episodes in your email every Sunday: https://vanillainvestor.com
►Get your FREE Spending Tracker https://spendingtracker.vanillainvestor.com
►Investing/Personal Finance books you should read https://amzn.to/3TFcfny
Charlie Munger, famous billionaire investor and vice chairman of Berkshire Hathaway, has said that the first $100,000 dollars is the hardest for the average person to amass. While I found that to be true, I have compiled a list of things explaining why that is and how to speed up the process significantly!
Welcome to The Vanilla Podcast, hosted by Ivan from the Vanilla Investor. On this podcast you’ll learn everything investing-related, smart personal finance tactics and achieving financial independence for you and your loved ones! We talk about the ways of investing your money in the stock market, the most optimal debt repayment strategies, and how you can work your way to a millionaire even on a low salary!
Timestamps:
(00:53) - The obstacles faced
(02:52) - When it gets noticeable (Compound Interest)
(04:13) - More opportunities everywhere
(05:53) - How to speed up the process?
(07:28) - What comes next?
Follow Vanilla Investor’s Socials:
LinkedIn | Instagram | Facebook | TikTok | YouTube | Twitter | Website
View all episodes
By Vanilla InvestorWatch the YouTube version of this episode HERE or read the written version HERE
►Research stocks with Seeking Alpha https://seekingalpha.me/VanillaInvestor
►The Vanilla Newsletter - get the written version of episodes in your email every Sunday: https://vanillainvestor.com
►Get your FREE Spending Tracker https://spendingtracker.vanillainvestor.com
►Investing/Personal Finance books you should read https://amzn.to/3TFcfny
Charlie Munger, famous billionaire investor and vice chairman of Berkshire Hathaway, has said that the first $100,000 dollars is the hardest for the average person to amass. While I found that to be true, I have compiled a list of things explaining why that is and how to speed up the process significantly!
Welcome to The Vanilla Podcast, hosted by Ivan from the Vanilla Investor. On this podcast you’ll learn everything investing-related, smart personal finance tactics and achieving financial independence for you and your loved ones! We talk about the ways of investing your money in the stock market, the most optimal debt repayment strategies, and how you can work your way to a millionaire even on a low salary!
Timestamps:
(00:53) - The obstacles faced
(02:52) - When it gets noticeable (Compound Interest)
(04:13) - More opportunities everywhere
(05:53) - How to speed up the process?
(07:28) - What comes next?
Follow Vanilla Investor’s Socials:
LinkedIn | Instagram | Facebook | TikTok | YouTube | Twitter | Website