How I Retired Early: The Index Fund Strategy That Made Me a Millionaire In My 30s

Books that have helped us on our Financial Independence Journey
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Our Rich Journey – How I Retired Early: The Index Fund Strategy That Made Me a Millionaire In My 30s: When it comes to achieving financial independence, the path you choose is as crucial as your destination. With a myriad of investment options out there, VTSAX (Vanguard Total Stock Market Index Fund) stands out as a beacon for many. Renowned for its sweeping diversification across the entire U.S. stock market and its notoriously low fees, it's no wonder why VTSAX is a favorite among long-term investors. But is putting all your eggs in the VTSAX basket the ultimate strategy for financial freedom? In this deep-dive video, we're unraveling the layers of investing solely in VTSAX - the good, the bad, and everything in between. But wait, there's more! What if VTSAX isn't the end-all-be-all? We explore alternative investment strategies that aim to beat the benchmark set by VTSAX. From picking individual stocks to diving into sector ETFs, real estate investments, and more.

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DISCLAIMER:
We are not financial advisors. Our videos are for educational purposes only and merely cite our own personal opinions. In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary. Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing. Always remember to make smart decisions and do your own research!

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[OurRichJourney]

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[artbw]

Amon & Christina you guys have no idea or (maybe you do) how much you have uplifted thousands of people on their journey to Financial independence. I thought, i new it all, until i came across your channel around 2018 and literally changed my life. Thank you for sharing your FI journey.

[SS]

I rebalance my portfolio yesterday to 100% VTSAX. Thanks for this video!

[bagery]

I put my stepmom 100% in fskax. She's done very well.

[moegoggles]

Do you think that the Schwab version of Total Stock Market Index is just as good as VTSAX even though there are subtle differences?

[bmahoney]

Another con that you failed to mention is that vtsax is capitalisation weighted and hence over exposes its investors to AI /technology risks. Which in the last ten years has preformed nicely but past performance doesn’t mean future performance. Consider rsp (equal weighted s&p 500 index) as a supplement to provide better diversification.

[kamiewalrath]

Hi Amon! I was looking at splg as it is only $60 vs. voo which is up in the $400 range and just wondering why there is such a price difference when they track the same index? Voo has been around longer and has more AUM but I’m wondering if one is better than the other or am I missing something? Please help

[Jbizzle_klok]

Hello, Love the channel and I appreciate all the good information you've provided throughout the years. I have to pushback a bit on the cons you listed. When you say you could be missing out on stocks and ETFs that could outperform, that's assuming somehow you will know which ones to pick that will outperform. It's extremely difficult to pick individual stocks and know which ones will outperform the market average. Secondly, Boglehesds have long debated the lack of international exposure that VTSAX may have but general consesus agrees that the top companies in VTSAX are multinational companies and thus, you get international exposure. I think soley investing in VTSAX in the stock market will be the best strategy for most. However, also investing in another asset class like Real Estate may also yield good results.

[jetta]

Comparing VTSAX, SWTSX, SNXFX, FSKAX, and the S&P 500, the S&P 500 is beating all of the other funds for the 1-, 3-, 5- and 10-years' time period, while paying dividends on a quarterly basis, VTSAX also pays quarterly dividends. Understanding that there are a few nuances between the funds, the S&P 500 still comes out ahead in total returns. Am I missing something here?

[brianbaker]

Love this channel. Good information. VOO however is a better quality US ETF. VTSAX has too much coal with the diamonds. The other diversification is a bonus.

[willmallory]

Great video as always. I shared your channel with a co-worker.

[viniciusdss]

What was your monthly contribution for the 8 years (amount, not pct of earnings)? What about the principal you guys started of with? At what return rate on avg?

[Bull.]

Hello, I have been following your channel for awhile now.
Great content no dough about it but before recommending your community to invest in Real Estate, it would be useful that you share as well what strategy you use for Asset Protection Plan & State Planning.

[lanniehernandez]

Thank You Aman, I needed to hear this😊.

[moraima.wealth.retire]

We had been investing in Vanguard ETF CAD hedge but exposed to the S&P500 to leverage our portfolio

[george]

so is there any difference between investing in vtsax on fidelity or vanguard?

[brendafranca-serpa]

I finished one class and need to start the other. I had a question about automatic investing. Which day of the week do you suggest is the optimal to purchase the portfolio I've funded, which is based on yours? Monday, Tuesday, Wednesday, Thursday, or Friday? I listened when you said that timing the market is impossible, but does it matter when I set the day of the week for the automatic investing? I enjoyed your course. Thank you.

[bossballheaddawg]

What did u invest in? How much a month? How long it took to grow? Help us out, come on

[steviem]

Does anyone know if this is available in the UK? Thank you!

[charlesromney]

Which International index fund are you guys using?