Took my 401 from $80k to $650k in the first 10 years. I calculated that only 1/3 of the original start up came from my actual contributions. The rest was non elective contributions from my employer. When you interview for a job make sure you ask about the 401 and if there non elective contributions. It will signal you're looking long term employment and that you're not going to accept low ball pay and raises.
I am at the beginning of my "investment journey", planning to put 85K into dividend stocks so that I will be making up to 30% per year in dividend returns. Any advice?
Never take advice from billionaires like Munger and Buffett. They got rich off of people like you. They do not get rich unless you lose money. In order for money to reach their pocket it first has to leave your pocket. Everything they tell you is worded in a way to sound great but make you lose money.
I Hit 110k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Brooke Miller for helping me achieve this
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life
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.
Diversification is the secret to optimal performance. This is why I have my interests set on market sectors based on performance and projected growth, such as the EV sector, renewable energy, Tech, and Health. 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
Just buy stocks that you can purchase a thousand shares with 5 Rials it's so easy just think you could have millions of shares using the American dollar! Think Dodge coin. PEPE, Shiba Inu. 😂😂
Amazing content! I have been following your videos for sometime now, consistently kicking down Wall Street doors for two years now, I have over $320k in stocks. Currently, my portfolio is down by 15%. Wondering if they're any short term opportunities I can invest in.
I feel investors should be focusing on small caps stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
Munger and Buffett’s achievements with Berkshire Hathaway are truly inspiring. Their ability to turn modest investments into immense wealth is a testament to their expertise and vision. Reading Berkshire's annual letters has definitely opened my eyes to the potential of the stock market. I recently sold my $674k apartment in Bel Air with the plan of investing it in the market. While I’m excited about the opportunities, I’m also cautious about protecting my investment and avoiding major losses.
As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?
When you speak of $10k to $15k as "tiny amounts of money" you are completely detached from the reality 99.99999% of people live in. And that makes you a massive asshole.
Munger & Buffet lied. Here is the key to their wealth. They started with insurance companies that has income streams coming in constantly, they are not just looking at profit from the business but those insurance payments need to be invested and only divested to make insurance payouts, the key is that constant income stream available for investment. Second, they made the insurance companies a subsidiary of a parent company that they owned, so insurance subsidiary profits became their profits, neat trick. They didn't do anything magic, the stock market began growing exponentially after 401K's were created and entire workforce began investing causing stock market to grow, their investments grew with the market.
Ah, the age-old question of investing small amounts… I’ve got a ‘small’ $231k emergency fund just sitting around, waiting for me to get my head in the game. I guess this is where the magic happens, right? 😏 If I don't do something with it soon, I might just spend it all on avocado toast and lattes. Looking for a headstart, though—maybe something that'll keep me awake at night (in a good way)!
Nice video! I highly respect Munger and Buffett, but I find they usually offer mostly generalizations, and provide few specifics. Anyone can perform the computer search in your video to generate a list of potentially "ineffeciently priced" low-cap stocks, but figuring our which one (if any) is "the one" requires a lot of skill and experience (IMHO). How does an average person do it? And, of course, "the one" can turn out to be a dud if there is a radical, unexpected change in technology, for example. Going "all in", as Munger advocates, has worked out great for him, but it could be a financial disaster for someone less capable (i.e.., the rest of us).
Hit 200k$ today from my trade. Thank you Fred for all the knowledge and nuggets you had thrown my way over the last months.Started with 14k in last 4months in 2024.
Hey, cool video! The importance of investing can't be overstated, and $MYNZ (Mainz Biomed) looks like a great opportunity. I've been reading about them in social media and Discord chats. They’re working on some breakthrough biotech projects. Seems like they have great potential for growth.
you meant to say the odds are that big investments are extremely high I think you meant tp say either stop using AI or do some text check up before you publish dude..
Everyone has his own luck based on time and space. Both are these gentlemen were at the right place at right time. U gave them little amount of money and my account and ask them make money; i bet they will loose everything. Everyone has different angle, direction, luck and vision.
Mark what can I do? I have been disabled since 2009 and I am 58 years old at the verge of retirement. My portfoliio of $750k is down to $492k, How can I profit from the present market" , I mean I've heard of people making upto $250k in couple weeks during this crash and I'd like to know how.
As it says on the dollar bill in(in god we trust) in the dollars becomes nothing in value or economy falls we're broke we the USA world starve the end of times this was great to hear his personal advise to succeed one great saying he stated the stock market is like a herion addict the same highs and lower to the late Mr munger
44 comments
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Took my 401 from $80k to $650k in the first 10 years. I calculated that only 1/3 of the original start up came from my actual contributions. The rest was non elective contributions from my employer. When you interview for a job make sure you ask about the 401 and if there non elective contributions. It will signal you're looking long term employment and that you're not going to accept low ball pay and raises.
I am at the beginning of my "investment journey", planning to put 85K into dividend stocks so that I will be making up to 30% per year in dividend returns. Any advice?
what is Gen Zs obsession with video quality, its the quality of the content that matters, such a shallow generation (at least on the surface :))
😅 // ya ok
Great to see a Munger clip. Please stop interrupting.
the odd WW1 clip when discussing the blackhawk wars is first class
Never take advice from billionaires like Munger and Buffett. They got rich off of people like you. They do not get rich unless you lose money. In order for money to reach their pocket it first has to leave your pocket. Everything they tell you is worded in a way to sound great but make you lose money.
R.I.P Charlie.
I Hit 110k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Brooke Miller for helping me achieve this
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life
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.
I really want to start investing but I need guidance. Any advice or recommendations for assistance?
Diversification is the secret to optimal performance. This is why I have my interests set on market sectors based on performance and projected growth, such as the EV sector, renewable energy, Tech, and Health. 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
Just buy stocks that you can purchase a thousand shares with 5 Rials it's so easy just think you could have millions of shares using the American dollar! Think Dodge coin. PEPE, Shiba Inu. 😂😂
Amazing content! I have been following your videos for sometime now, consistently kicking down Wall Street doors for two years now, I have over $320k in stocks. Currently, my portfolio is down by 15%. Wondering if they're any short term opportunities I can invest in.
I feel investors should be focusing on small caps stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
Munger and Buffett’s achievements with Berkshire Hathaway are truly inspiring. Their ability to turn modest investments into immense wealth is a testament to their expertise and vision. Reading Berkshire's annual letters has definitely opened my eyes to the potential of the stock market. I recently sold my $674k apartment in Bel Air with the plan of investing it in the market. While I’m excited about the opportunities, I’m also cautious about protecting my investment and avoiding major losses.
i don't know about you , but i would rather use a crypto investment platform that offers mining machines profits.
You’d think they’d beable to enter different bot responses in all video comments…nope… same in every video. Good job you tube.
You've messed up the subtitles with those unnecessary stock footages!
Well he needed Jesus. What does a profit a man to gain a whole world if you forfeits his soul?
None of his wealth followed him
PE is not valuations, bad advice
As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?
When you speak of $10k to $15k as "tiny amounts of money" you are completely detached from the reality 99.99999% of people live in. And that makes you a massive asshole.
Munger & Buffet lied. Here is the key to their wealth. They started with insurance companies that has income streams coming in constantly, they are not just looking at profit from the business but those insurance payments need to be invested and only divested to make insurance payouts, the key is that constant income stream available for investment. Second, they made the insurance companies a subsidiary of a parent company that they owned, so insurance subsidiary profits became their profits, neat trick. They didn't do anything magic, the stock market began growing exponentially after 401K's were created and entire workforce began investing causing stock market to grow, their investments grew with the market.
Ah, the age-old question of investing small amounts… I’ve got a ‘small’ $231k emergency fund just sitting around, waiting for me to get my head in the game. I guess this is where the magic happens, right? 😏 If I don't do something with it soon, I might just spend it all on avocado toast and lattes. Looking for a headstart, though—maybe something that'll keep me awake at night (in a good way)!
Put it in physical gold 7 to 9 per cent a year slow is better than get rich quick 130k over 10 years at 9 percent with compound intrest 290k😊
delete the spam comments from nigerians please. worse thing the Brits done was teaching Nigerians english.
Nice video! I highly respect Munger and Buffett, but I find they usually offer mostly generalizations, and provide few specifics. Anyone can perform the computer search in your video to generate a list of potentially "ineffeciently priced" low-cap stocks, but figuring our which one (if any) is "the one" requires a lot of skill and experience (IMHO). How does an average person do it? And, of course, "the one" can turn out to be a dud if there is a radical, unexpected change in technology, for example. Going "all in", as Munger advocates, has worked out great for him, but it could be a financial disaster for someone less capable (i.e.., the rest of us).
THE FUTURE IS DIGITAL AND CRYPTO.. SOLANA,ETH,BTC
Hit 200k$ today from my trade. Thank you Fred for all the knowledge and nuggets you had thrown my way over the last months.Started with 14k in last 4months in 2024.
Buy stock in good companies, that you know will be doing well in 10 years. Period. See, that wasn't hard.
thanks 🤝
The video editor should be fired
Hey, cool video! The importance of investing can't be overstated, and $MYNZ (Mainz Biomed) looks like a great opportunity. I've been reading about them in social media and Discord chats. They’re working on some breakthrough biotech projects. Seems like they have great potential for growth.
Alux voice, is that you?
Baseball is a WORLD SPORT😂
(that was so cute of her😅)
you meant to say the odds are that big investments are extremely high I think you meant tp say either stop using AI or do some text check up before you publish dude..
There are 105,237 businesses in Berkshire-Hathaway.
Everyone has his own luck based on time and space. Both are these gentlemen were at the right place at right time. U gave them little amount of money and my account and ask them make money; i bet they will loose everything. Everyone has different angle, direction, luck and vision.
Mark what can I do? I have been disabled since 2009 and I am 58 years old at the verge of retirement. My portfoliio of $750k is down to $492k, How can I profit from the present market" , I mean I've heard of people making upto $250k in couple weeks during this crash and I'd like to know how.
As it says on the dollar bill in(in god we trust) in the dollars becomes nothing in value or economy falls we're broke we the USA world starve the end of times this was great to hear his personal advise to succeed one great saying he stated the stock market is like a herion addict the same highs and lower to the late Mr munger