Saving My FIRST $100,000 Before 26 | How Long it took to INVEST



I saved my first $100,000 before the age of 26. This video shows how long it took to save, what I invest in, and what I did to get there

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ABOUT: I saved my first $100,000 before 26, it took me a while to here starting at just $12 an hour when I was 19. This video shows the most important thing about HOW to actually get there by adopting a frugal mindset, and investing to create passive income by buying dividend stocks that will eventually generate a snowball effect of compound interest. This is my story from 19, to 30 and how long it took to build save each $100K.

Legal Disclosure: I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Before investing, please consult a licensed professional. Any stock purchases I show on video should not be considered “investment recommendations”. I shall not be held liable for any losses you may incur for investing and trading in the stock market in attempt to mirror what I do. Unless investments are FDIC insured, they may decline in value and/or disappear entirely. Please be careful!

#StockMarket #Investing #Finance

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29 thoughts on “Saving My FIRST $100,000 Before 26 | How Long it took to INVEST”

  1. One Question you forgot to ask yourself :
    It’s good you saving, investing and making wealth, but that cost you something, your young adulthood. Money you can earn and make it, but Your childhood, your young adulthood , money can’t buy it . I saw your videos of you living frugally. I’m not saying you should not save and invest, all I m saying is balance it out. Ask yourself this :when I m 90 years old , sitting in my room ready to die , and look back to my young adulthood, are you gonna feel happy or you gonna feel That you completely wasted your life and feel regret of not benefiting it ….

  2. Yeah when I look back at my 20s and late teens… All the pizza, all the beer, cocaine, hookers, guns, cars, vacations, Christmas and birthday cash gifts from relatives, etc… There's 100 stacks there, no doubt.

  3. I almost didn't click on this video because I thought it would be the cliche videos where they give generic advice that doesn't really fulfill what I thought I'd get out of the video. They're like the junkfood of finance videos.

    But I really did enjoy this video. It's actually inspiring and I agree, buying things will not bring pro-longed happiness. I too am young and I get told that I'm not "living" my life because I don't spend a lot of money but I enjoy saving and investing. I can't wait until I finally have $100,000 saved up. (:

  4. If everyone was responsible with their money and didn’t buy stuff out of impulse and didn’t have any debt I’m pretty sure investors would be screwed. Their stocks would go way down because sales would go down.

  5. That's the fun fact about money. If you have none, all you want is new great stuff you could buy, like a new car or a guitar, or a new pc, even if you don't really need it. If you have not enough money to fulfill your desires, that feels like the biggest problem you have and every problem will dissolve into dust, if you just make enough money. If you then have it, you realize you don't need any of the stuff you bought to be happy.

    I had the same conclusion this year. Last year I bought a lot of stuff and then came to the point where I had no goal to chase, no wish money could fulfill and suddenly I fell in a hole. I am not rich, but I'm financially stable. When I reached this point, that stuff won't make me happy, I was very confused. I come from a family where money always was a problem and so all my childhood and teen years, my dreams build up around stuff I can't afford and wanted to have like this new car is great and if I can afford it, I buy a house this big, and so on.

    But shortly after this point of confusion, what to do now, where the next quick dopamine buy is, my brain realized, that none of this stuff I chased over the last years will ever make me happy and my focus completely shifted. Right now I want to get my income in this year much higher than last year and at the same time put as much to the side as I can, to get free from the need to work every day for my living in the near future. I will still live a good life, make some small vacations, invest in good food and things that are really important for me, but I will never chase this "I need this to make me happy" feeling ever again. I invest in me and not in the stuff, I gather around me.

  6. I agree with all the fundamental principles. However, I believe in a little twist for most of us out there. When you reach certain thresholds in welath, I don't say bring your expenses up proportionally, but do take that holiday or buy yourself that car if you are passionate about cars. There is a fine thread from hoarding to financial wisdom and I'm pretty sure Andrei knows it. Yet, do cut on worthless, overpriced tech, clothes that bring 0 value to you other than social approval. I think that is the key there: if you buy something out of pressure to conform, take a step back and rethink. Maybe you should buy that item you're thinking of, but don't be a fool and buy at a premium you can't afford.
    Peace out and I don't know if you heard, but welcome to the stock market crash. Buy that!

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