Ramit Sethi, bestselling author and host of Netflix’s How To Get Rich, explains how anyone can start building real wealth with just $100. In this clip, he breaks down the simple investment strategy that anyone can use to create financial freedom and stop worrying about money.
He shares the psychology of money, the mistakes most people make when they start saving, and the habits that will make you rich over time.
Discover:
• How to invest your first $100 the right way
• The simple fund that can make you rich automatically
• Why most people never build wealth
• The mindset shift that makes money grow effortlessly
• The truth about financial freedom and investing long term
📺 Watch the full episode here – https://youtu.be/ORqd9QAC8OY
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Great comment "Traders lose money", exactly!
I have a couple of funds (tech and retirement/date targeted) and some individual stocks on the side that I play with for fun (low cost, high risk). All profits from individual stocks get thrown straight back into funds. Working well. I'd say 7-8& annually is very conservative. My funds average 12-15%
30k per year, dude is not connected to reality
Target funds suck I don't know what this guy's talking about
15:26 only rich people would talk about being able to invest 30k a year and use the word "modest." Instead try talking to the middle a lower class that can maybe set aside $100-$200 a month. Be realistic to more people, not people that already have money.
I technically missed out on compound interest because I wasn't educated about investments. I'm 41 now. Also to invest you have to have a sizable chunk to put into it.
A friend of mine in Dubai told me something I’ll never forget: “If people can find you, they can take from you.” Then he sent me The Silent Laws of Cash Power by Cameron Solan and said, “Read this before you make another move.” It didn’t tell me how to make more- it showed me how to vanish from the balance sheets that matter. Since then, I’ve owned less and controlled more.
A dollar today was worth $3.25 40 years ago so saying you would “only” invest 30,000/year is nearly 100k/year in inflation adjusted numbers 40 years ago. Not many people can invest that much a year.
This guys is basically saying invest in your 401k and dont overspend.
8:02 'she'? How does he know the gender of this unidentified individual? 🤔 🤔