07-23-2022, 12:30 PM
What is the amount of money you need to invest before it gets easier
<!-- SC_OFF --><div class="md"><p>I have seen post and articles saying that the first $1 million dollars is the hardest and that things get easier from there since it is able to compound. However some posts and articles mention that the value is $100000. However, I am curious what is the actual cut off because lets be honest, investing $10 is pretty easy, investing $100 is a bit trickier and investing $1000 is even harder. So I curious where threshold is when it starts to get easier ( i guess this figure can be different for different investments)</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/PfftKhaganate"> /u/PfftKhaganate </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/w5n2b5/what_is_the_amount_of_money_you_need_to_invest/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/w5n2b5/what_is_the_amount_of_money_you_need_to_invest/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>I have seen post and articles saying that the first $1 million dollars is the hardest and that things get easier from there since it is able to compound. However some posts and articles mention that the value is $100000. However, I am curious what is the actual cut off because lets be honest, investing $10 is pretty easy, investing $100 is a bit trickier and investing $1000 is even harder. So I curious where threshold is when it starts to get easier ( i guess this figure can be different for different investments)</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/PfftKhaganate"> /u/PfftKhaganate </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/w5n2b5/what_is_the_amount_of_money_you_need_to_invest/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/w5n2b5/what_is_the_amount_of_money_you_need_to_invest/">[comments]</a></span>