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Charlie Munger's advice: save $100,000 first, then ease off
Original: # investing # personalfinance # stocks # retirement # wealth https://www. thestreet.com/investing/charli e-munger-invest
Resurfaced investing advice from the late Charlie Munger is making the rounds again: his long-standing recommendation that savers should put away their first $100,000 with intense effort, then ease off the gas as compounding takes over. Personal finance outlets including TheStreet and Kiplinger are recirculating the guidance, which continues to resonate with investors focused on stocks, retirement planning and long-term wealth building.
Why now: Munger's first-$100,000 rule is a widely shared personal finance benchmark that keeps getting recirculated to new investors.
Charlie MungerTheStreetKiplinger
Rank over time, top of the chart is #1. 25 snapshots from 4 d ago to 4 d ago.
Evidence
- # investing # personalfinance # stocks # retirement # wealth https://www. thestreet.com/investing/charli e-munger-investing-advice-save-100000-then-ease-off-the-gas?utm_source=flipboard&utm_medium=activitypub Posted into Kiplinger: Level Up Your Investing @… · Kiplingers@flipboard.com · 2
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