Nov 29, 2020
You are right that you can become a millionaire with less than $100k of your own money invested. Anyone who bought Tesla in the early days or got lucky timing options can attest to this. However, I think the overwhelming majority of people will invest at least $100k (likely more than that) into the stock market to become millionaires.
Only $100k in the stock market implies a 10x return to reach the million.