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For years, the conventional wisdom was that once you enter the six-figure club, your net worth explodes. This theory was first suggested by the late Charlie Munger, a billionaire and longtime friend and business partner of Warren Buffett.
"The hard part of the process for most people is the first $100,000," he said during Berkshire Hathaway's 1999 shareholders meeting (1). "You have a standing start at $0, getting to $100,000 is a long struggle."
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
A single line on your car insurance policy could be inflating your premium by up to 30% — here's what to change
#buffett #bezos
For years, the conventional wisdom was that once you enter the six-figure club, your net worth explodes. This theory was first suggested by the late Charlie Munger, a billionaire and longtime friend and business partner of Warren Buffett.
"The hard part of the process for most people is the first $100,000," he said during Berkshire Hathaway's 1999 shareholders meeting (1). "You have a standing start at $0, getting to $100,000 is a long struggle."
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
A single line on your car insurance policy could be inflating your premium by up to 30% — here's what to change
#buffett #bezos
1 day ago
