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

[@OurRichJourney]

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[@artbw3413]

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.

[@OurRichJourney]

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[@1970SS]

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

[@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?

[@jetta6548]

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?

[@Ryan-fy8bx]

For now, maybe it will last and maybe it won’t but it is an oddity in history.

[@NatureMystic]

Great question. I’d love to see an answer to it because I’m gathering the same information.

[@doingit66]

Voo all the way

[@moniquemichelle7295]

Buffet says S&P 500 index for retail investors. I don’t like VSTAX, as buying the whole market isn’t a strategy. It performs closely to SP500, but doesn’t resonate with me.

[@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?

[@bmahoney1568]

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.

[@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.

[@willmallory9085]

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

[@OurRichJourney]

Thanks so much Will!!!

[@george2178]

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

[@kamiewalrath8210]

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

[@lashawn369]

Checking in from the DMV.

[@OurRichJourney]

Hi LaShawn! Hope you’re having a great weekend!!!❤️

[@charlesromney]

Which International index fund are you guys using?

[@bagery]

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

[@OurRichJourney]

That’s great!!!

[@bagery]

@@OurRichJourney Thank-you, yes we could certainly do better but we could do worse too ;)

[@aevoss]

Fskax is the same as vtsax

[@freshpaper800]

@@aevossyes, it’s through Fidelity

[@steviem6993]

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

[@autobotdiva9268]

VTI, VYM for me!

[@stefgo2814]

What is the equivalent VTSX for a european investor as ?

[@dahaus6802]

Do you guys have a video that discusses what expats can invest in while living overseas?

[@brendafranca-serpa6514]

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.

[@NatureMystic]

Any recommended ticker symbols for international index funds?

[@lanniehernandez5078]

Thank You Aman, I needed to hear this😊.

[@brianbaker5140]

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.

[@Queen-qf2bn]

What is the Vangard UK equivalent of VTSAX.

[@eddied.8361]

I have a question about why out of all places did you guys choose Portugal ? Just curious. ( The good the bad and the ugly) 🤔🇺🇸

[@susanaanastacio2795]

They have a video about it from a few years ago (titled Why we chose Portugal). But things in Portugal have changed quite a bit since then, so I'm not sure all their reasons are still applicable nowadays.

[@dottydime702]

It is said to be very great for expats of color

[@treetop1283]

For anyone who has invested in a vtsax account. How much would you suggest starting off with when investing in a vtsax account and what percentage of your check bi weekly would you suggest adding to it?

[@khiladikumar2210]

Can someone teach me how to sell shares and withdrawal strategies

[@offnl_]

is there a Canadian fund equivalent

[@laurar9748]

Wow. That’s high praise! 💰

[@OurRichJourney]

😀😀😀

[@miguelplaza5385]

Is it healthy to put 100K in VTSAX from the beginning?

[@Ryan-fy8bx]

That’s a hard question to answer without knowing multiple things about you and knowing where the money is right now. Also your risk tolerance, could you hold if it drops 60%, it’s possible.

[@ForeverYoung-fc3eo]

Sure

[@HhO-qk8cu]

Should we be investing with market at all time highs

[@namkebanyanklariti]

Are these investments available in Canada?

[@punisher6659]

Thanks for your content.

[@OurRichJourney]

Thank YOU for watching and commenting! ❤️

[@moraima.wealth.retire]

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

[@kimturner1070]

Thanks for sharing! Are you both only doing long flips in the RE sector right now?

[@OurRichJourney]

No. We have two Airbnb rentals in Portugal now 😀

[@Bull.2024]

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.

[@supalpatel6649]

Thank you so much 🙏🏽

[@kckuc310]

I have majorly of my investments in their mutual fund plus it’s ETF VTI, no minimum

[@Dreambig62]

Hate how you can’t automate it

[@OurRichJourney]

But it can be good for lump sum payments 😀

[@wonderwoman419]

​@OurRichJourney hey! So you're saying it's good to do both Vtsaz and Vti ..and just do lump sum deposits into Vti..and dca into yourself since u can't put it on auto?

[@ntr6450]

Living abroad as a Portuguese resident are you obliged to pay taxes also in Portugal?

[@shinyshinythings]

Only the US and Eritrea tax based on citizenship rather than residency.

[@franciscacaviedes1785]

i think there's some deal rn to bring in foreigners - if you buy real estate, you don't have to pay taxes for 10 years or something like that

[@tictoc5443]

Good explanation...thanks

[@bossballheaddawg2588]

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

[@hanglu1335]

Do you pay income tax on dividend if reinvest it?

[@OurRichJourney]

Depends on the account. For standard brokerage accounts, you still have to pay taxes on dividends even when you reinvest them. 😀 But, for a tax advantaged account, taxes on reinvested dividends can be deferred (for 401ks and traditional IRAs, for example) or tax free (for Roth IRAs, for example).

[@mjspiess]

Please correct me if I'm wrong, but if you're in the 10 or 12% tax bracket, the long term gains would be tax free even in a brokerage account, correct? And short term would be taxed at the regular income tax bracket you're in?

[@wonderwoman419]

​@@OurRichJourneycan u invest in the VTSAX through a 401K

[@aevoss]

Most American companies are pretty much international. So Vtsax is a world fund pretty much. But I get what you’re saying in other words

[@uytieu]

Great content as always. Love what you guys are doing. Have you guys shared any strategies for maintaining US accounts with Vanguard/Schwab/Fidelity while living abroad without it being closed

[@estelaniealexandremsw4966]

Would you recommend VIGAX? Can you make a video on this index fund.

[@TheCookingDojo]

I dont vanguard. But it sounds like a great index fund. VOO and VTI i feel are other great substitutions if you dont have vanguard. Ive also been buying etfs in other sector's. My 3 heavy hitters are SCHD, DVY, and VYM. Since some of the funds i mentioned dont dip into international stocks. I buy index funds from certain countries. Just keep in mind that most only pay once or twice a year

[@aleobom1]

Hi Amon & Christina. I read that brokerage companies don't make it easier for american expats to keep their investments in the US. Do you have any suggestions of brokers or a process to keep US investments? Thank you.

[@Peterhudkins]

I appreciate your approach to teaching.. To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough, we just need to hold onto our hopes and wait to see how things turn out because market movements are almost always unpredictable. In my portfolio, I'm noticing more red than green and my retirement is edging closer by the day.

[@mr.h4104]

VTI is ALL you need

[@lionheart93]

vgt

[@dionneking8]

I plan to invest in it

[@OurRichJourney]

❤️

[@rolandosouffrain7957]

Thanks for the video but so many other ETFs have beaten this ETF. I tell everybody to do some research. ❤

[@theowenssailingdiary5239]

Splitting hairs when compared to VOO etc

[@Competitiveforlolz]

Underlying companies can also hold crypto, real estate, bonds, ... so the asset diversification con is not really justified.

[@shinyshinythings]

How does one get around the fact that Americans living in the EU can’t invest into US funds?

[@OshoRamseyGump]

60/40 Portfolio 60% Bitcoin 40% VTSAX

[@enigmathegrayman2953]

In my 457b I like VFIAX However, in my HSA I like VTSAX and VTMGX

[@OurRichJourney]

😀

[@edwinbaez1419]

US companies are multinational corporations - Coca Cola isn’t just selling product in US but the world

[@MeltingRubberZ28]

Why VTSAX instead of VTI?

[@kckuc310]

VTI is actually alittle better, I have both for automatic investing the mutual fund is easier.

[@bmahoney1568]

I think the answer is that either way your fine, but I like Vti for its tax efficiency, which is meaningful if your in you high earning years.

[@6speed818]

Automatic investments why I choice it.

[@teephillips468]

I am still laughing about that wig lol But this a great video I am forwarding to my neice

[@OurRichJourney]

So the wig is seared into your mind?! 😂

[@teephillips468]

@@OurRichJourney coming to America is one of my all time favorites lol. 🤣 Hahah

[@_jamie_z]

This probably sounds dumb, but is it a good time to start investing since the market is at an all time high? I’m so lost on all this. Late 40’s & scared I’m gonna retire BROKE.

[@chadbelcher6208]

I would open a vanguard account and put my money in their money market fund which is just like a checking and it’s earning like over 5% a year now anyways. Then you can either decide to jump all in on an etf like VOO that mirrors the S&P 500 or the one like he described vtsax or vti. Catch the market down one day and put it all in or just dollar cost average over the year into one of their funds. It’s really all you need.

[@marlopleasant374]

Don't allow fear to stop you. Allow that emotion to propel you into action. Do your research and study. We need our money to work for us. I believe in God and his leadership. I'm being led to study the stock market for financial freedom. Before I speak with an investor, I need to have knowledge and understanding of the stock market. I'm not going in blindly. I will present to them what I plan to accomplish, and they can impart their knowledge of the stock market and what investments I should consider in order to reach my goal of financial freedom. Pray and ask God to guide you and lead you to the right people and investors to accomplish your goals. Never allow fear to dictate your life or thoughts. Stand strong and fight for what you want to accomplish. Im 56, starting over, and I will not settle. Be courageous and step out of your comfort zone and make your money work for you. Study and get the knowledge that you need and speak with an investor at your bank. Financial freedom is the goal. You will succeed.

[@ForeverYoung-fc3eo]

Yes. It's called dollar cost averaging. Just invest every month. It will average out over time.

[@anthonyjames4319]

It’s always a great time to get started. Just make a portfolio that works for your age and protects you.

[@cann9155]

ThanksAmon&Christina! 💝💝💝💝 Awesome courses. anyone on the fence ...Enroll take my word for it.

[@OurRichJourney]

C'Ann - You are too sweet! Thank you!!!💕💕💕

[@angushenry6410]

Over the long term VTSAX does really well and will beat the vast majority of the portfolios by the experts..

[@namkebanyanklariti]

Great vifep

[@danelledautrievesanford]

Hi There

[@OurRichJourney]

Hi Danelle!❤️

[@DonteeWeaver]

👀

[@OurRichJourney]

😀

[@Suwimon-yd8vy]

What about investing in Bitcoin?

[@joshuaderungs8792]

I invested 100% into vsjxjdjfjsx and haven’t made any money yet😂

[@claudioesteban8609]

The New investing is upon us, SWING fore the fances and Set Sail,

[@OurRichJourney]

👍

[@wayne9489]

😊

[@OurRichJourney]

❤️

[@Chaka2479]

Bitcoin is digital Gold! #BTC #Bitcoin

[@BOULDERGEEK]

Or, it's a Ponzi scheme waiting for a rug pull and more bagholders.

[@SusanHatcher-c1w]

I invest in VTSAX through Charles Schwab

[@toranaga1969]

It is overweight in tech at almost 30%

[@OurRichJourney]

Yes, tech companies represent a large portion of the US stock market. 😀

[@BMAC5306]

Get some ISO crypto coins. I’m up big since 2021, and will crest big time 2024-25.

[@curiousjay9126]

Also Buy Bitcoin 🚀

[@1stnamebr406]

I have $400,000 invested, spread out across different cash assets and companies. Although I have diversity, I feel like that $400,000 would grow more if it was just in my VTSAX. If I heard you right, you all looked for other assets that mirrored or outperformed VTSAX and with that strategy is that like having $400,000 in VTSAX?

[@georgialee6755]

I’m thinking the same. I have money in several etfs - healthcare tech energy and staples and I’m thinking of just putting it all in VTSAX

[@nupe794life]

I recommend you add the Vanguard Small Cap Value Fund with the VTSAX. Allocation, 80% / 20%

[@wonderwoman419]

Why is the best better pls? Basically just for the balancing?

[@wonderwoman419]

Can u elebaorate as to why?