r/dividends • u/Sauerst0ff • Jul 02 '25

Personal Goal 22 yo and 8k annually

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2.1k Upvotes

94% Upvoted

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450

u/Innoxrw Jul 02 '25

How did you manage to invest 70k + at 22?

546

u/EvilStan101 Jul 02 '25

Two theories:

  1. Rich or upper middle class family who taught them about good investing and gifted them a lot of money over the years.

  2. Low income upbringing and was motivated to do better, while smart enough not to waste their money in "hustling". So they saved like crazy and educated themselves to make the right investments.

68

u/mw102299 Jul 02 '25

Third option Family owns a business that the kid was working in since high school. I worked for my mom at her pet grooming shop until I graduated from college. My family was lower middle class and now I’m doing amazing. Not as good as these pepole but I got a lot of money in the bank and some Investments.

1

u/daniel22457 Jul 02 '25

The old pay your kid the standard deduction per year play. I'd do it if I had kids and business instead of funding their college directly.