Charlie Munger: The First $100,000 Is A B*tch

A Sunday mailbag from reader Ben:

Hello Tim,

My name is Ben and i have read most of your articles on seeking alpha. I like your idea of establishing the net worth of $100k and investing them in dividend stocks for reliable income. I am 33 years old and i am not sure if i took too long to come up with my first $100k. ( I have kept another $100k in a separate account for my first house down payment and i dont want to invest that money in stocks )

My question is ” Is this the right time to invest in Dividend paying stocks based on their valuations ? Are there any stocks that are reasonably priced worth our consideration ? ”

I am asking this question because i am a firm believer of the famous sentence ” Price is What you pay and Value is what

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