The first 200,000 are the hardest.

ShrimpTheGimp🦐@ShrimpTheGimp

@ShrimpTheGimp Just invest 380k now, and you'll have already reached your goal today 👍

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@DonkeyInvestor Yeah, but then I'd have to withdraw almost all of my savings 😅😅

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ShrimpTheGimp🦐@ShrimpTheGimp

@ShrimpTheGimp Do you want to be a winner or a loser?

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@DonkeyInvestor I'd love to stay a Gimp, embodied as a shrimp 🦐

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Dividendenopi👴@Dividendenopi

@ShrimpTheGimp Luckily, these days anyone can be whatever they want. Male, female, object, porn star, gimp, shrimp, pimp, politician, financial expert... What a time to be alive

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@DonkeyInvestor You forgot to include donkeys in your list. One click and I'm the dividend donkey 🤭

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@Dividendenopi I would love to welcome you into my family. And it would be a thousand times better than those stupid cash cows.

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Endurance@MozartsGeist

The following still applies:
• Build up your human capital
• Increase your regular savings contributions "reasonably"
• DO NOT raise your standard of living disproportionately
• Stay patient

😘@Donkey

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@MozartsGeist And if that's too much work for you, you can always just win the lottery or inherit some money 👍

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Endurance@MozartsGeist

Congratulations if that’s an added bonus. But it’s doable either way! The human psyche often becomes a challenge during market corrections, and that has a significant impact on the resulting return on your portfolio.

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Gehebeltes-EFH@Gehebeltes-EFH

@MozartsGeist In that case, just win the lottery again or inherit some money 👍

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@DonkeyInvestor “My recipe for success? Get up early, work long hours, and strike oil.” — Jean Paul Getty

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Wealth-Accelerator@Wealth-Accelerator

Really nice photo 👌🏼
The first 200k is a real challenge, but once you hit 300k, things start to get a little magical 🪄

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@Wealth-Accelerator @DividendenWaschbaer took a shot at me. For once, he was actually helpful.

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TaubeSmash@TaubeSmash

From a marketing perspective, the first 100k is certainly the easiest to promote as a realistic goal for the average person. Since I hit that first 100k, the return on investment has picked up a bit, but I’d attribute that more to a well-established system than to the money just making itself. In my view, many influencers are painting a false picture here. I’m now 20k away from the 200k mark—let’s see if things improve from there.

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@TaubeSmash Let's just wait a few more years. Then it'll be the first million. That'll be easy to market again.

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Who cares... As long as there's more

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@GoDividend for more rice?

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@DonkeyInvestor maybe even with a side dish someday

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@GoDividend What goes in first? Vegetables, sauce, or meat?

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@DonkeyInvestor Slowly, slowly
I'd start with salt

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@GoDividend I wouldn't do that. Salt makes you really thirsty.

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@DonkeyInvestor Spring water helps

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@GoDividend You live near a stream? Lucky you.

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@DonkeyInvestor No, I have to run

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@GoDividend *Your kids have to walk

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@DonkeyInvestor anyway

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I'm 34 and I've just hit the 600k mark—for the third time now 😂 All in all, I think I can be pretty happy with that! I've cut my savings down to 2k a month for now; this year I want to go to Hawaii 🌺

But definitely a really awesome picture 🤑💸

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@BavarianLion Just dropped it down to 2k. Peak Getquin bubble 🚀

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@DonkeyInvestor Who hasn't experienced that little pause? Just stand out on the street and ask 😂

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@GoDividend I'll get lynched

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@DonkeyInvestor My personal life shouldn't get left behind, right? 🤣 No, seriously, I really gave up a lot for a long time to build up this portfolio 😉 But I always managed just fine, even though I never even learned a trade 😂

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@BavarianLion You won't need a job much longer. Being a man of means will be enough.

What's your career history? How did you manage that?

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@DonkeyInvestor After graduating from high school, I started a landscaping business with a friend! We just wanted to make some extra money. But soon we had so many jobs that we kept telling ourselves, “There’s still plenty of time for college…” But we really did it all: built ponds, planted and trimmed entire hedges, paved paths and terraces… Well, that’s just how things went! I quit a year ago; my buddy is running the company on his own now, and I’m currently in the process of starting a new business! On the side, since 2017, I’d just randomly invested 5x 10k in the stock market: Apple, Microsoft, Amazon, McDonald’s, Meta! I didn’t really know anything about the stock market (at the time, I didn’t even know what an ETF was 😂), but it paid off 😉

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@BavarianLion That sounds cool. The world belongs to the brave.

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@GoDividend I really don't mean to sound arrogant! I've always worked hard—back in my youth, I even helped my dad carry tiles on construction sites! You can read the rest in the post below! 🙂

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@BavarianLion I definitely didn't take it that way. Outside of Getquin, most people just can't understand what it means to save that much money every month.

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@DonkeyInvestor Sometimes you just have to go for it instead of overthinking things! If I hadn’t blown so much money on nonsense in my twenties, my portfolio would be in the seven figures today, but whatever 😉 At least I have a few crazy stories to tell 😂

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Solitair@Solitair

When I was young, a million Deutschmarks was enough to set you up for life. Now I’m sitting on around 800k euros, renting an apartment, and working my 9-to-5 job. So if I ever actually reach a million euros, I guess that’ll be the new 100k. Back to square one, and all the influencers say, “Yeah, from now on it’ll be easier.”

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@Solitair 800k is a good start toward paying for your nursing home later on without putting the financial burden on your children

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Homer@Simpson

I'm about to hit 200k in book profits 😁

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@Simpson Next level. I wouldn't have thought books still sold so well these days. Do you always steal the Amazon book orders from the truck for your bookstore?

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Homer@Simpson

@DonkeyInvestor 🤣👍 But I hardly get any packages from Amazon anymore—just the heavy ones 😅 Amazon delivers almost all the light ones itself

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Poor Dad@PoorDad

@DonkeyInvestor He's so clever—he gets two books for every book he buys. Sometimes with bookmarks.

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Investor@investingbeginner

@Simpson Oh no, I'm sorry

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The best number is to reach 500k but that takes alot of time, then 10% of 500k is 50k per year for example. I reached 100k this year, it does become better but yes it will still take time.

But 500k is the magic number, everything gets easier after that, unfortunately it also takes aloooot of time

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Schweizer_Investor🇨🇭@Alumdria

Now I feel just as poor with my 48k. Thanks, @DonkeyInvestor 😘😅

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Schweizer_Investor🇨🇭@Alumdria

@Alumdria By the way, in Switzerland it's 400k francs. You're welcome 😘

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@DonkeyInvestor Thanks so much for the encouragement—that really puts my mind at ease xD

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SanSebastian@WarrenamBuffet

❤️

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D@Empty792

❤️

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Poor Dad@PoorDad

I'm still short by >40,000...⏳

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@PoorDad For? 0 euros? Finally debt-free?

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Poor Dad@PoorDad

@DonkeyInvestor Come on, don't be like that, buddy... Pay off your casino debts—what else?

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Gehebeltes-EFH@Gehebeltes-EFH

@PoorDad Casino debts are debts of honor

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Foni@market_whizkid_136

>300K, what a sight 😂😂

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Show answer

Took out a 320k loan (end of 2020). Invested the entire amount in early 2021. Since then, I’ve been investing an additional 2–3k each month.
Now have 700k in my portfolio. Outstanding debt is approximately 285k.

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Investor_Mike@Investor_Mike

❤️

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Uwe@SchlaubiSchlumpf

It doesn't matter at all. The first 100k is the hardest, as is the first 200k, and the first million too. That's how interest works. The question is, how fast are you working? That determines which number matters most to you. For example, I save 1,600. (It used to be more for a while.) In that case, the first 100k doesn’t make much of a difference. Still, I’ll probably get from 100 to 200 faster than from 0 to 100.

The saying is highly simplified anyway. What do you do if the stock market performs poorly for five years? Then the second 200k is significantly harder to come by than the first.

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Dan@Ditlerdee

🚀

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DerJude@DerJude

❤️❤️❤️

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Matzke@Matzke

All these theories assume a return on investment and focus on returns rather than theoretical models! In practice, things always turn out differently than you expect.

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