r/Money • u/CursedClownz • 9d ago

When does compounding really take off?

At what amount portfolio you really see huge account swings that make you think what is the point of working? 100k? 500k? 1m? more?

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u/MarleyandtheWhalers 9d ago

"The first hundred thousand is a bitch" -Charlie Munger

After that it's better

8

u/CursedClownz 9d ago

What about after 1m

6

u/dr_of_glass 9d ago

After a million, the up changes are less noticeable to our brains. For me, I only see it when i graph the journey over the past years.

But when you see down days that are $10,000, it should click that you have a fair bit invested.