Why Charlie Munger's $100K Advice is Dead Wrong

Charlie Munger once said the first $100,000 is the hardest—and that you shouldn’t focus on anything else until you hit it.

But I think that advice misses the mark in today’s world.

In this video, I break down why the famous "$100K Rule" might be holding you back, what most people misunderstand about building wealth, and what you should focus on instead if you actually want to achieve financial freedom.

Whether you're just getting started or you're already on the path, this video will shift your perspective.

Chapters:
0:00 - Intro
0:30 - Charlie Munger Quote
1:11 - First Issue with Charlie
2:50 - Second Issue with Charlie
4:27 - Understanding Compounding Interest
8:20 - The real most difficult part of building wealth
9:58 - Don't worry about timing the market

#money #charliemunger #warrenbuffet #investing #personalfinance

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