HappyYou Conference Slides
You did it! You saw my talk at the free HappyYou conference! If you’re looking for the slides you can download them here.
Author: Jeremy Schneider
:older_man:Retired at 36
:nerd_face:Personal finance nerd
:date:Daily money and investing tips
:arrow_upper_right: Founder of Personal Finance Club
The 90/10 rule of investing
I believe the best way to maximize your future wealth is to buy and hold index funds.But I get it. I know it’s tempting to stray from that simple course when you hear about the hottest new tech stock or have FOMO over bitcoin. So I suggest the 90/10 rule. With 90% of the contributions […]
How to calculate your net worth
If I had to give one piece of advice to help improve your financial situation, it would be to track your net worth. Not knowing your net worth is like spending your whole education and career learning how to play football but not knowing how to keep score. Earning money from your career is playing […]
Three-Fund Portfolio
Last updated on August 16th, 2020 by A three-fund portfolio is a simple way to diversify across the world’s stock and bond markets, and guarantee yourself your fair share of the full world’s market growth. It’s optimal investing with optimal simplicity. What is a three-fund portfolio? A three fund portfolio is an allocation of just […]
The layers of investing: Why “IRA vs Index Funds” doesn’t make sense
I think getting these different “layers” confused is the absolute number one most common confusion in investing. So let’s walk through what happens when you invest.1. You go to a brokerage website (e.g. Vanguard.com)2. You open an account (e.g. a Roth IRA)… now your Roth IRA is with/inside of Vanguard.3. You contribute money to your […]
Primary home vs investment property vs S&P 500
I often discuss how owning your primary home isn’t a great investment. In fact, after you account for property taxes, mortgage interest, maintenance, insurance, and realtor fees, almost every homeowner loses money net of their expenses. While most homeowners do sell the property for more than they bought it for, that just gives the illusion […]
Small changes can produce big results
When you learn enough about investing and how the market works, you realize that trying to beat the market is a fool’s errand. The optimal way to invest is to buy and hold index funds. So what levers can you move to maximize your future wealth? Well, there’s really just a few:• How much you […]
What’s the difference between an index fund and an ETF
I get this question a lot. ETFs and index funds are nearly identical. The equivalent ETF and index fund (as the example above) contains the exact same stocks and performs exactly the same. The only difference is in how you buy and sell them. ETFs trade like stocks. You can buy and sell in realtime […]
Retirement is a number, not an age
A lot of people go through life with an assumption that when they’re 65 they’ll automatically get to retire. But here’s the thing: Being 65 doesn’t mean you get to retire. If you don’t have any money, you have to keep working (or live in poverty). On the flip side, if you’re 40 and you’ve […]
Why you shouldn’t invest your down payment for a house
Many of you know I talk about investing and the power of index funds all the time, but today’s post is about when NOT to invest. The power of investing comes from time. When you have a 10+ year horizon the impact of buying and holding index funds can be massive. But over a shorter […]