Charlie Munger

Charlie Munger once said that you can “gas off” when you hit this milestone, and Mark Tilbury agrees

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Charlie Munger once said that you can “gas off” when you hit this milestone, and Mark Tilbury agrees

Mark Peterson/Getty Moneywise and Yahoo Finance LLC may earn commission or revenue by linking to the content below. While joining the millionaire club may be out of reach for many young Americans, the power of compounding can make it possible. It’s simple: you invest a small amount of money each month in a low-cost index … Read more

Charlie Munger said, “Find a way to get your hands on $100,000,” even if it means going all over the place—the magic number if you want to be rich

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Charlie Munger said, “Find a way to get your hands on 0,000,” even if it means going all over the place—the magic number if you want to be rich

Charlie Munger didn’t believe in shortcuts, but he did believe in thresholds. And if you ever asked how to get rich, he had a number ready: $100,000. Hit that, he said, and you’ll have the drive to keep going. Fail to hit it and you’ll be spinning your wheels forever. Munger, who died in 2023 … Read more