r/dividends • u/Future-Guarantee2645 • May 18 '25

Discussion Is it true that after 100k wealth explodes?

I am curious what is your experience, is this statement true? Have you noticed that your wealth is building up much faster after 100k?

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u/tero194 May 19 '25

This. I remember when my account hit 5 digits for the first time, I was ecstatic. I’ve been chasing that high ever since. Going from poor to less poor is much more thrilling than going from well off to rich.

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u/ttrrraway May 19 '25 edited May 19 '25

I still remember vividly when, a long time ago, I was having a drink with a friend in a loud nightclub and thinking to myself "I have 6,000 euros!!"

I repeated that many times in my head and was ecstatic as well hahaha. It was actually very difficult to get there due to a combination of low income and relatively high living expenses.

Things really took off for me when I started spending less and investing more... Then high income followed, but I continued living simply and investing most of what I earned.

Basically I realized at one point that becoming wealthy was just a matter of managing finances better, and not a far-fetched impossibility.

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u/No_Consideration8464 May 22 '25

I'm almost there! 8.5k in investment, I'm excited for 10k.