Why Net Worth Goes CRAZY After $100k! 

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Really where are investors putting their cash? Isn’t it crazy how mortgage rates continue to rise with higher imports and declining exports, but the FED is yet to lessen cost. Something will eventually break if they keep raising interest rates and quantitative tightening.

Net worth truly snowballs after $100k! Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE!

It's a common misconception that when a stock you buy skyrockets, the smart thing to do is sell it (or at least sell some of it) to lock in your profits. But the context matters. If the stock has increased sharply because the business is performing exceptionally well, it could still be a bargain. I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas

Personally, I think investors will start to seek more market diversification. can i confidently invest about $350k into the financial markets in 2024? I'm still not sure how rates will effect the market just yet, which worries me a lot.

I completely agree, The first $100k was the toughest, and I didn't really start seriously investing until I was 32 back in the 90s. Today, I'm 55 with a decent $3.2M nest egg, thanks to the early guidance I had. After learning all of this, my only regret is not starting earlier when I was 25. It may not seem like much but those extra 5 years are the most important.

Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.

I'm a 52-year-old QA Specialist at Confluera, with an annual income of $150,000. Although I do have a retirement account, I'm keen on exploring short-term investment opportunities as I prepare to shift to part-time work in the near future. What would be the most suitable strategy to achieve my goals?

With around £220k invested in tech/TSLA stocks, any suggestions for additional stocks to diversify across various markets? Looking for a well-rounded portfolio that balances risk aversion with returns meeting yearly inflation concerns.

investors can never be sure what will happen next, bearish periods ultimately establish a new set of stocks to buy and watch while setting the stage for a robust new uptrend. I have been reading articles of people that grossed profits up to $250k during this crash, what are the best stocks to buy now or put on a watchlist?

The absence of stock investments has left me with a sense of remorse, albeit I'm appreciative of my decision to maintain funds in the money market. With roughly $200k nearing maturity, I'm gearing up to step into the stock market. Could you advise me on suitable stocks for a beginner looking to steadily increase their capital?

The S&P 500 moved 8.9% higher last Month, achieving one of its best monthly performances in history.. which is an indicator for profits to continue to improve. I just want my money to keep outgrowing the inflation rate. I'm still looking for companies to make additions to my $500K portfolio, to boost performance. Here for ideas...

The S&P 500 moved 8.9% higher last Month, achieving one of its best monthly performances in history.. which is an indicator for profits to continue to improve. I just want my money to keep outgrowing the inflation rate. I'm still looking for companies to make additions to my $500K portfolio, to boost performance. Here for ideas...

I just hit $100,000 net worth this last quarter from saving and i plan to invest in the stock market to see it grow in the next 3 years. What is the best way to navigate the stock market as a newbie?

money goes crazy after you save 100k not only because of compound interest, but because the amount of time and effort to save 100k will engrain the habits and lifestyle choices you will need to ever become a millionaire. whether it's extra work ethic or just being frugal, saving 100k REALLY helped me on my own discipline journey.

I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time .This comment serves as motivation for all those who have invested and continue to invest in cryptocurrencies with so many losses, do not give up, cryptocurrencies can change your life. Do your best to connect with the right people and you will surely see changes.

Getting to 100K is a huge psychological win as well...

I have one income and four kids. It took me until 45 to save 100k. I am now saving almost half that much a year now. Its amazing how much easier it is to earn money at 46 than when I was 26.

These are fantastic takes, I was really hopeful of my investments this year, but I followed some stock suggestions that didn't go so well, I've been studying the market crashes and I realized some investors made millions from the recent recession and I was wondering if such success rate could be achieved in this present market. Any recommendations?

“Discipline is the currency of success” Best advice of the entire video. A great quote to put on the wall

This is true. I saved $100k by age 30. Kept investing about 20% of my salary. At 59 I have $2.3 mil networth despite losing half my assets in a divorce 9 years ago and making several classic investment mistakes.

The other "H" in this is "Health". If you give yourself the opportunity to live a long life, the money you save will be worth more for longer. It's amazing to me when I talk to people that hit the pub every single day after work and spend $30 to $50 on alcohol. These same people smoke, eat poorly and drink (and maybe do other things as well....). Then they complain about their life.

I can attest to this. Years ago, when I surpassed $100k, my brain changed - it didn't take all that long to save $100k. But, going from $100>>$300k was so easy. Then, $300k >>> $1 million etc even faster.

MARK IS AMAZING. “HOW I CREATE WEALTH”

Not just compounding. Your income tends to rise with age. You get better at spending money, knowing what things are worth and what you really need.

Hi Mark, also the health issue is very very important. Doing all these hours can mess up your life hygiene very bad (junk food, cigarretes, your sleep). Eating healthy, sleeping more than 7 hours/day and not having any bad habits are essential in this journey.

I hit $500k in my early 20's thanks to a substantial personal injury settlement and aggressive saving in my Roth IRA/Roth 401k and I'm already seeing the benefits of compound interest.

Mark’s potential is limitless. wealth has no shortcuts, do this.

This is a pretty good reality check as to why poor and working class people *usually* stay that way. It takes quite a bit of hard work, thrift, and discipline to go from $0 to $100,000. Hell, if you think the first $100k is hard, just managing to hang onto the first $10k can be infuriating. Life wants to keep you poor and in debt...that's unfortunately the norm, and many never reach that critical escape velocity where they're living a comfortable enough life and really stacking it away.

makes me depressed. I was worth 200K in 2022 and lost it all from leveraging too much with margin in Tesla. sucks so bad.

As my net worth increases, the less I want to spend…it’s directly proportional!

Quite frankly the most helpful explanation of compound interest and tax efficiency that’s practical to me a 46 year old male just getting divorced and starting again. THANK YOU SO MUCH!

I’m 42 and didn’t start saving for retirement until I was 30. I’ve now got a little over $200k in there and it’s growing fast. I’m a local truck driver and started putting 10% of my income in and automatically raised my contribution by 1% a year until it hit 17% where it’s been since. Average income has probably been around $80k and it definitely varies. It’s never too late to start! It can build quick!

Just found this channel. Very good info! He is right!!!! I had over 100K in credit card debt. Took me 7 years to pay off. Then I when I paid it off took the same amount of $$ (monthly payments) and started investing. In 4 years I finally made it too a little over 100K! That's over a 200K swing! I did all the things he mentioned in the video. If I can do it with a family and living in an expensive area so can any of you. Good Luck!!!

When I got hired with a company that offered 401k with matching, I took full advantage of it by putting in 15% of my salary in. It was a hard thing to justify when I only made 50 to 60 k. But I’d say it was worth the sacrifice. 5 years in, my investment portfolio is now cresting 80k. It won’t be long before it breaks 100k!

There are many ways to approach this. One major thing is to redirect focus from the self gratification now, in order to save and grow to where later you can live your dreams

This is EXACTLY RIGHT! I've been putting money away for the last three years trying to get to 100K. I'm not there yet but I'm getting close!

Enjoy your videos, would love to have you on Masters of the Market... However, it really is true, after $100K, compounding works like a charm. Likewise with anything in life... Momentum begets momentum!

Great mention of starting a business around your passion to save money on tax. As a skateboarder, I started a skate school and now all of my new decks, wheels, bearings ect are tax deductible!

GREAT explanation!! Pretty much things I already know but love the math shown and the reinforcement of ideas I already value. Thanks for making this video!

"discipline is the currency of success" i'll never forget that. Subscribed.

Making money is not the same as keeping it there is a reason why investments aren't well taught in schools, the examples you gave are well stationed, the market crisis gave me my first millions, people shy away from hard times, I embrace them...

If somebody told me that when I was 20.... I´m 40 now and made my first 100k around 3 years ago. Now it´s around 200k - so yes! You are absolutely right with all points in that great video!

Absolute facts. First 100k made me my first 1M. Took a while but flipping that money into more and more profitable businesses. It enabled me to leverage debt because it was enough equity to secure larger loans and get bigger deals.

This is 100% correct! Finally a video that explains it clearly

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Veronica Hoy.

What I think was missed in this video is the importance of living and enjoying as you build your financial empire. Trust me on this, folks. As the late Jim Rohn once put it, "you can get more money but unfortunately you can't get more time. Time is more valuable than money." Mark those words.

You are absolutely correct... I engage in the stock market by studying going back years to understand the End Game... I believe and I am in no fear about what it shall take more, I am very disciplined when it comes to spending 👀👂👂✨

If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life.

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Michelle Stewart.

No, the real reason is that fixed costs eat a larger fraction of a smaller net worth and you end up "running like mad just to stand still" like the Red Queen. As your net worth grows, your legs grow longer (return rates act on a larger principal and yield a greater annuity) and your Red Queen can start actually getting somewhere.

This is the first video I've ever seen of yours, but I received so much value from it that I've subscribed! Thanks for the great info!

9:54 Discipline is the currency of success

Congratulations on 2 million subscribers and always producing great content. You’re one of the reasons I decided to start my own channel. Thank you sir!

Amid widespread anticipation of a market downturn, there is a prevailing sense of pessimism perpetuated by the media. However, for astute investors, this atmosphere of apprehension presents a unique opportunity. By focusing on the fundamentals and strategic investment decisions rather than succumbing to prevailing sentiments, individuals can leverage the market's potential for long-term financial growth and security. It is imperative to maintain a discerning perspective and capitalize on the opportunities that arise during periods of uncertainty.

great information sir, thank you so much for the effort of making and uploading this.!

Thanks mark for all of the useful information

Hi mark I have been trying to max out my stocks and shares isa and have done for the past two years so I’m now looking at a portfolio of 58k at 20 years old hoping to hit that 100k mark within the next two years keep up the good work inspiring people

My 1st 100k took almost 17yrs. 2nd took almost 4yrs. Going into 3rd right now after almost 3 yrs. But now Im more focused on Roth and Im maxing from here out!

Hi Mark, first of all: Thanks for all these helpful videos you for the community. As an aspiring entrepreneur and online tutor from Germany I'd like to ask you, which board + pencils you are using in this video, it looks gorgeous. Thanks!

This is the most honest in depth and easiest to understand financial video I've ever watched. Well, the best content about finance I've ever come across even counting the books I read. Like your explanation and hands on approach to talk about how small start doesn't work with compound income (be it saving interests, investments, or hard assets/machine leverage) is great! And it tackled the very thing any financial contents hide from the audiences because they don't want people to give up on investments. I know this because I did lots of math on compound interests even when I bought my first apartment room (yes, not renting) and also "bet" on forex, that small money doesn't worth my time, I'm better off working on what I love. For forex, I used to bet on digital binaries, imagine making 16 head bending decisions a day just to triple my $100, and lose it all in 15 seconds, yes, that's how much it doesn't worth.

Hi mark, Great advice 👍 I currently have 9k in an emergency fund and 12k in my stocks and share Isa. Now focusing on how to improve my income, every year I have seen growth in the business but have hit a wall the last two years and can’t seem to push it further ! Your videos always help.

It's amazing that with all these financial advice videos over the last two decades, Americans are still living paycheck to paycheck. We need more of these videos and some expensive online training education about finance to spend our paychecks wisely.

This is a really great motivation and perspective for us in the beginning of our journey

I've already noticed that 25k to almost 45k was easier than the first 25k. I think it's crazy that I've gotten used to numbers like that now. 2 years ago when I started it was a huge amount for me. Just as I think about 200k today, that will probably become normal for me in this year.

I already made a 100K, but here's the caveat: the first 30K went to paying off study loans, the next 30K to a home deposit, now close to 40K for the first time. Slowly but surely I'll get there. Thanks for the reminder :)

I enrolled in the 401k plan my 1st week with my current employer in Feb 2019. I’ve salted 16% of my salary in the Fidelity S&P 500 index and currently sitting at $110k.

Excellent Video, all financial videos should follow this structure! Bravo

Building wealth means making a habit of saving money regularly and investing wisely. Instead of trying to predict when the market will go up or down, it's better to have a diverse portfolio ready for anything. Some people have been making around $150k every seven weeks for the last four months following this strategy, as per Bloomberg.

The S&P 500 average yearly return of 7% is an average based on the last 90 years. Some people believe that means a 7% return every year which is not the case. It's meant to be a long term investment, as in the longer you let your money grow, the more likely you are to get that 7% average. If you expect those numbers with a 1-5 year investment during a bear market, you may be dissapointed.

I would argue that another reason the first 100k is harder is because you have to build those habits and get used to those new sacrifices over time, but after 7.84 years (in your example) that would become routine.

Informative video.. Thank you Mark.

The compounding interest is more a factor the larger your balance. Eventually the compounding is more than you can contribute in a year. In the beginning you have very little tangible compounding. in 2016 my 401k balance was 250k, and I was at 600k by 2020, and almost 800k in 2023. I suspect I'll get to 1M in the next 2 or 3 years.

Great advice. One of the best financial advice videos I've seen and I became a self-made millionaire at age 27 from £0

Housing- most people buy way more house than what they actually need, accumulate things to store in the house. Live practical. Take advantage of low interest and pay for things in full if it’s going to be high interest.

I'm really hoping and working towards my 100k. Its such an interesting coincidence that you've made this video. Because I've been dreaming about the 100k something so liberating and as a huge tool towards the first M. ❤ thanks.

Hi Mark, I'm 21 and have worked since I was 16. I currently have about £22k saved, £2k invested into my vanguard ISA and a £3k emergency fund. My question is, do I need to save for a house deposit first via my bank (if so how much would you recommend) or shall I just focus on maxing out my ISA as much as I can? If I go the way I am, I'm confident by the time I'm 25-26 I will have £100k. It's just I won't have £100k in once place, it will be across my savings and ISA. I'm not sure what I should focus on first as I want to get on the property ladder before I'm at least 26. Any help would be awesome! Harry

If you wanna be successful, you must take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life.

Sound advice, no gimmicks, just the actual method.

this is precious knowledge my man

Started investing at the age of 15 last year now 17 with net worth of $2k hope to achieve million by 2030

There's another one for companies, but it's kind of the opposite. The first 10 million may not be "easy", but becomes more difficult to go beyond that. The game changes and not everyone who took a company to 10 million can make the jump to 50 or 100 million.

Great video, always love seeing the power of compound interest!

What dividend calculator did you use in you're video? Great video btw. Especially for young people, well explained and spoken.

I was mentally ill for the last 10 years or so and lived off government support. I never really got ahead but I understood investing. I dont quite have 100K yet but I am debt free and with a nice amount invested. And I am healthier so I can start increasing my income. I am used to spend basically nothing and everything I earn goes towards my future. Its not a lot, 200 dollars a month or so saved, but it compounds.

It’s nice to hear this I’ve been maxing out my 401k, Roth IRA, HSA accounts for 3 years and it’s been hell. I see my friends going out constantly and I have to sit at home or work extra hours even though I can do the same. Hopefully I can see the snowball more clearly soon. The S&P500 finally doing good is definitely helping but how do you stay motivated for so long?

Hi Mark…. Thanks for chatting this afternoon. Look forward to receiving the information…

Great video😊 Thank you Sir

I agree. Took me something like 20 years to accumulate that first $100,000, starting from $0. Was much easier after that because I accumulated investing knowledge along with that $100,000 during those 20 years.

I keep my money in stocks and not collecting interest mostly. Although I lately put some money in a money market and I do see the monthly increase! Great advice that was well explained.

Stay out of debt when you're young. No car payments, no credit card debt over $1,000. First 15 years of your career or working years is critical not to spend on unnecessary things.

Your wisdom all ways help people thank you

Another great video Mark 😎 1st 100k the hardest after that if used correctly it just compounds to make more... Got my plan on leaving my full-time employment and working for myself in 2024 🤞🤞

Hi Mark, love your content. Why did you use a monthly compound rate rather than an annual one - the difference in the £1M example is £70,000!?

In general the advice is pretty solid for those that have no clue about anything… but for those that already are deeper into the “wealth generation process” it starts to breakdown… people need cashflow to live so investing and saving is not sufficient. Also the cheapest and fastest way to generate wealth is using debt… which btw if used correctly is TAX FREE. For instance, the wealthiest people on earth built their wealth through debt, investing in real estate for instance (rental property)… so to conclude, although the video is genuinely trying to help it falls short for those that already know the next step forward

Great video. Where can we find that compound calculator that you used?

Unbeliavable no one is talking about inflation here

You can also lose your money.....stock crash.....

He understates the impact of fees, rates, and costs. When you have money, businesses start falling all over themselves to get your business. You get fees waived, lower rates, lower costs, freebies, etc.

Every word you said in this true and so vital to increase wealth. Incredible video.