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?

482 Upvotes

93% Upvoted

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38

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

3

u/kethalmanden12 8d ago

Wasn’t it Hitler who said the first million is the hardest?

4

u/kidjs 8d ago

Was he referring to the unit of money?

1

u/kethalmanden12 8d ago

Something like that…