Jesse @AlmostVested
Engineer | Finance Nerd | Father of 2 | Building a $2.5M nest egg by 40. Let me show you how to grow your money with Index Funds📈 almostvested.com/newsletter Free Newsletter💻 Joined July 2018-
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Try this. Put your 2% raise into index funds instead of spending it. Watch Your Net Worth 🚀🚀🚀
3 Financial Habits I Do Every Month //THREAD//
I have a friend who is 40 and damn near a billionaire. I asked him what his one key to investing well is... here's what he told me:
Would you rather dump 100k into the market next year or have a guaranteed 4.5% return ona 1 year CD. What are the odds the market yields higher than 4.5% next year?
@IndexandC Depends on major expenses planned in the next 2 years. My spending is pretty stable. So, I’ll go with total stock market.
@NeuroNupe17 @jlyork10 @NeuroNupe17 I don’t keep that kinda cash anymore. But, It felt good to look at that number.
@NeuroNupe17 @jlyork10 @NeuroNupe17 that feels like a whole other life.
@roadtowealthpod That sounds like a great gig. No BS. Work Hard. Get Out.
Today’s a Great Day to Make A Budget. - Review July Expenses - Estimate August Income - Assign Income to Categories - Check-in weekly and adjust as needed You got this.
You never know what the market’s going to do. June 15… the S&P 500 gained 1.5% June 28… the S&P 500 dropped 2%. Today… the S&P 500 gained 2.6%. Ignore the noise and buy shares every pay day.
The advisors hating on index funds are mad they missed an opportunity for 3% commission.
@thewealthdad Somebody has to plant the seed, so the the next generation can do better.
If you don't come from money, understand it'll likely take you 10-20 years of focused work/investing to become a millionaire Many don't make it because they don't want to be the one to "sacrifice" their years for the family unit Takes a different mother f'er to be the first
@Budgetdog_ When you make enough money, time becomes the new currency.
The S&P 500 grew by 14.8% annually from 2012 to 2021. During that time we had… - 5 market corrections - 1 bear market Volatility is just part of the process.
@moneywithkatie No wonder we’re obsessed with early retirement and remote work.
@cFIREsim Yup. Now that I think about it… I overthought the taxes. That’s what I get for multitasking. Amounts should be the same both ways.
@cFIREsim 1150 was assuming you had a capital gain.
@cFIREsim Im not suggesting you withdraw the funds. Im suggesting you re-allocate. If you sell $1000 in VTSAX taxable… Sell $1150 in bonds tax-advantaged and buy back VTSAX. That way you make up for capital gains. And keep your stock allocation the same.
Jrod Money 🇺🇸�... @MoneyJrod
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