Investing in Index Funds for Beginners | Tips & Advice From Millionaire Investors

[@OurRichJourney]

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[@DividendGrowthInvesting]

I will never forget when I first watched your video on how you made $400k from real estate to retire early. I bought my first rental shortly after watching your video and not even two years later my wife and I grew our net worth over 1.5MM. I smile every week when I see a new video from you both!

[@OurRichJourney]

WOW! Your comment definitely brought a smile to our faces!!! CONGRATULATIONS on achieving more than $1.5 MILLION(!!!!). That is FANTASTIC!!!

[@MalluStyleMultiMedia]

👍👍👍👍

[@BadWeatherfreak]

I can't barely pay my current mortgage let alone I wouldn't even try to get nothing house.

[@amt7877]

@@OU_2023 I thought that sounds suspicious, never believe comments that are too good to be true. 10 years yes, but not less than two years. It took our neighbor a husband and a wife nearly 10 years to make millions with their rental properties. They are now retired in Thailand. Wished I learn from them but you know young and dumb

[@LashusJourney]

@@BadWeatherfreak you can purchase another property and house hack to make extra income, I use to be feel the same way until we purchase a second home.

[@leadacruz]

I'm 22 years old and just stated investing in index fund thank to you guys. Than you for the education. OBRIGADO!! 🇵🇹🤩🤩

[@teresalopes5460]

Hey L Dacruz are you Portuguese or live in Portugal? If yes how to you invest in index funds from Portugal? Thank you dear g

[@firelordsozin3677]

I think she saying it because they are living in Portugal currently… Also I think she meant to say: obrigada hehe

[@lobo851]

The fact that you are thinking about this at your age puts you light years ahead of your peers.

[@jeanp.5929]

Good on you for taking advantage of #KZbinUniversity and learning this stuff. I wish I knew this stuff when I was 22. Now I'm 33 and just started investing last year. Fortunately it was during a bull market. 💰💰💰

[@jeanp.5929]

@@teresalopes5460 Are you having trouble finding an investment broker or do you already have a broker just don't know what index funds in Portugal to pick?

[@impala6464]

That's how I created my first million in addition to real estate. Now I'm working on the next million.

[@neelrastardust3052]

Good luck! 👍🏼

[@dddennis1214]

I’m pretty sure I’ve watched all of your videos so I love your channel. I’ve heard you say that you reached financial independence in eight years, were you starting out at $0 at that point? It seems like you had been saving for a while. Just for clarity so I can be realistic with my own goals. Thanks.

[@tonyvaldez8708]

You have made a huge difference in our financial future. I cannot begin to thank you both for your courses and videos. My wife and I have learned so much from you. We have been following you for a few years now and I pass on your site to others. Thank you both!

[@Jericho9696]

I just realized you have 500k subs! Wow congrats! I’ve been watching you when you had less than 50k

[@blackeneddove]

Hi! I’ve been binge watching your videos. Excited to start my journey! ☺️

[@OurRichJourney]

That's so cool! So exciting that you're starting your journey!!!

[@zanyarascoe3433]

You two have really given me a crash course on index funds. Because of your video that compared and contrast ETFs and index funds I opened three index funds and a roth IRA through Fidelity and I am striving to obtain FIRE!! THANK YOU GUYS SO MUCH you're an inspiration

[@samiabamia]

Why would one need to open 3 index funds? Is it because they offer different things? I’m new to all of this

[@ifyvik9002]

I don't know how to start investing

[@AdventuresoftheSoul]

I just started watching their videos ,so much great info . Learning to invest in index funds etc. thank you for the motivation as well

[@AdventuresoftheSoul]

Let me know if You’d like an accountability/motivational partner on this journey. I could use one for sure

[@romkc3]

@@samiabamia For capital appreciation, so more money for you...

[@909victoria]

Thank you SO much! What I appreciate most about your videos is that you explain all the important points without assuming that the viewers know "the basics" - because I don't. I'm brand new and still learning those basics that a lot of other creators neglect to explain

[@OurRichJourney]

📈Looking to learn how to invest? Enroll in our Stock Market Investing Course: www.ourrichjourney.com/investingforfire 🔥Learn more about financial independence and retiring early: Enroll in our F.I.R.E. Master Class: www.ourrichjourney.com/firemasterclass ✈Want to move to Portugal? Enroll in our Moving to Portugal Course: www.ourrichjourney.com/movingtoportugal

[@mrs.turnquest2620]

What can I do if I am outside the US?

[@lzshow]

Is this course interactive ?

[@alexonyewuchi3454]

@@mrs.turnquest2620 what country are you currently??

[@ItsELE3]

i have an actively managed mutual fund; could i transfer it to a regular index fund without being penalized for doing so?

[@pedrogarces6876]

I love index funds! You are both amazing with your content. I like passive nature of index funds. It has allowed us to have long term growth that we are looking for with consistency. It’s great to see my original investment multiply and double every 7 years on average. Look forward to the next video.

[@RetailWithDanelle]

Great topic. Topics about the basics of investing never get old.

[@OurRichJourney]

Thank you so much!!!

[@Grassology-vs1hn]

I have 6 months worth of our monthly expenses in a money market account and not earning any interest. What kind of investment account can you recommend to park our emergency fund that we can access it if we need it?

[@wildfoodietours]

Just started watching your videos and you two have such great insight! Love your financial wisdom, especially regarding FIRE. Investing in index funds is the easiest and most efficient way to accumulate wealth, where time in the market gives you a huge advantage. Looking forward to more videos!

[@patol7525]

This is very valuable and right on the spot information, I don’t understand why people would give it thumbs down. Keep it up Amon and Cristina!!!

[@LV-72]

Thank you so much for this…i’ve learned a lot of information. Keep them coming pls!

[@organicmatcha8117]

Do you have a video about paying low taxes? Capital gains, dividens, income, property, etc.

[@titabrun923]

Are the sites you mentioned just for investing with dollar, or other coin? Sorry, I don't know much about this. Nice video, thanks!

[@sshrader97]

Your KZbin videos are very helpful. You explain topics to make it easy to understand. Thank you.

[@amirk.2148]

Thank you for another important reminder video. Lately the sound of the word inflation is louder - could you make a video on inflation and how the FIRE investment system is approaching this issue? Thank you..

[@artbw3413]

Thank you guys again for another great content. So I'm going to say something that I haven't said before, I have been investing in the financial markets for a long time, partly because I have industry experience and shamefully, been averaging mediocre returns on my portfolio and thought I new it all, was I wrong; till I bumped into your channel and everything changed, after watching your videos, making some general financial adjustment and reallocating my portfolio, it was like going from 0 to 60 in 3 sec 📈 literally. So thank you ❤️

[@theartist1151]

Am I the only one who would l😍ve to have a in person class with this couple? 🙋🏽‍♀️🙋🏻‍♂️🙋🏽‍♂️🙋🏼‍♀️ ...

[@OurRichJourney]

Aww, you are too sweet! We're hoping to be able to do group meet-ups soon - not classes, but fun get togethers. Maybe at a cool restaurant! There are more restrictions in place now because of the delta variant, but we're hoping the spread will subside. When things get back to normal . . . it's meet-up time!!! :)

[@theartist1151]

@@OurRichJourney I can help organize it 👍🏼! That's a great idea. Maybe make a plan a year from now? Hopefully we'll be a bit back to normal.

[@babybbbb]

@@OurRichJourney so cool!!! Would love to meet up with you guys in NYC!!! :)

[@LifeNewJourney]

Hello, I was wondering what would be the reason for purchasing index funds instead of its ETF equivalent?

[@Leanne-xy3rt]

I would like to know this to

[@acoustically]

Hi, Our Rich Journey! Just wondering how to use funds in retirement early without penalties? Trying to educate in and actively achieve my own FIRE, but has not seen guides to use that money from retirement early . Thanks in advance.

[@Isabel-re7sl]

I believe they have both retirement account and non-retirement accounts. So you’d use taxable account from early retirement until 59.5, where then you’d be able to use your retirement account without penalty.

[@patrickbrown7398]

Wow! This actually confirms that I actually know something (not much) about index funds🤣. Thanks!

[@luisburau3889]

Do your courses teach how to fully read and wisely pick and hold on to and index fund from Vanguard or First Fidelity?

[@jadi_azimova]

Hello. If I invest in ETF equivalent of index fund, will I still get dividends? Thanks 🙏

[@emilion4000]

Always love watching your content..Such rich information and I love the way you guys look at each other when you do your videos lol. That is the true definition of being a power couple. God Bless!!!!

[@DrJessicaLouie]

I love index fund investing - invest early, often and hold for longterm growth. Thank you for your tips and advice Christina and Amon!

[@monicar6991]

I need this. Just started watching love your channel ❤️🇬🇧

[@OurRichJourney]

Thank you so much Monica!!! So glad you're enjoying our channel!!!

[@limitone9564]

Do you have T symbols of the index funds you invest in? Like you did with the ETF video ?

[@Good.Vibe.Music.]

“But investing isn’t about beating others at their game. It’s about controlling yourself at your own game.” ― Benjamin Graham, The Intelligent Investor

[@laurar9748]

Thanks, you two! Learned a lot today. You guys are the best! 💰👀🤑😃

[@j0ak3r90]

Is it bad or counterproductive to have shares of individual stocks that you also own through an index fund?

[@berenicei.7283]

I was wondering the same thing!

[@unityaboriginelove6595]

I don't think so, it just means that you are individually owning more of that stock.

[@sowwhatlxxxvii]

Index funds are ETFs?

[@victorlamadrid6117]

Thank you so much for your videos. They are very informative and easy to understand. I have learbed a lot from you and your tips have really had a positive impact on my financial planning.

[@subase1]

do you have any videos about whether you should reinvest the gains and dividends back into the funds or into the core account?

[@thomas8827]

Hello can someone please Answer this, so the index fund is better than active manage Target date index fund ???

[@ellayounge5004]

Do you get dividends from the etfs or is it only from the index funds?

[@cann9155]

Crystal Clear. Thank you guys for continuing to educate the masses. 👍🏽🔥🔥🔥 ❤️

[@OurRichJourney]

Hi there C Ann! Thanks so much for watching!!!

[@cann9155]

@@OurRichJourney GOSH thank you guys for sharing and teaching + ORJ Investing & F.I.R.E classes. I so appreciate you. From last year to this year 😍

[@kingo717]

When you say index funds are more tax efficient are you talking about all of them ( index funds, mutual funds, etfs) or just index funds in particular? Im New to this 😬

[@rocio292]

Thank you so much for the videos! Would love and appreciate so much of you make a video about understanding stocks? (terms used, meaning, symbols etc) Very grateful for what you both do 🙌🙏💜

[@seginald]

Hello. A few months ago you mentioned the ETF JETS. What are your current thoughts about the ETF? Are you bullish on a short-term or long-term and do you hold this ETF n your portfolio? Thanks for the knowledge!!!

[@livelife1899]

I love your clear explanations to simplify learning for us. Thank you thank you 😊

[@AItoolsusage]

on which platform do you invest?

[@eversunnyguy]

I put in SPY ETF rather than index fund that mirrors S&P 500.

[@anumohit978]

Hello, I have a question regarding mutual fund vs ETF. For e.g. choice between VTSAX and VTI. I dont see any particular advantage in investing in VTSAX instead of VTI, except the fact that Vanguard allows automated mutual fund investments (it does not support automated investing for ETFs). However Robinhood offers automated recurring investments for ETFs as well. So if am a Robinhood user, is that any reason why I should prefer VTSAX instead of VTI?

[@teresalopes5460]

Hey our Rich journey, how can one invest in index funds from Portugal ?

[@tomkenny8635]

What about small cap funds like SCWCX?

[@jamesspitzercashout]

Good morning from San Diego my friends! Slept in today after long week of work, and putting content together for my KZbin channel. Get to see one of my favorite families for my Sunday Lattĕ viewing, while sipping time. Hope you are all Safe, Happy and Healthy my friends! Love ya! James

[@OurRichJourney]

Hi there James! Always nice to sleep in every once in a while!!! :) So happy to see you every Sunday! Enjoy your week!!!

[@apestabrook]

What kind of account do you recommend? An IRA or a general investment account

[@Nessamoniiqueee]

I’m so Happy to find this channel . Thank you so much ☺️ god bless you guys

[@taral1000]

Is it you invest same index fund every year or go to other index fund next year if expense ratio is better?

[@jenair86]

Trying to understand coming from the Caribbean, are there limitations if not a us citizen?

[@OurRichJourney]

Hi Elise! Thanks for watching! Yes, generally there are restrictions for non US citizens.

[@nateb19]

Another great video. Love index funds. Just crossed over 500k and on my way to a million. Goal is 2.5 mill. On my way !

[@somchai9033]

Good point about taxes on index funds being more tax efficient. Also ETFs are more tax efficient than stock index mutual funds because etfs are bought and sold between shareholders while redemptions from mutual funds generate a sale from the fund manager

[@allgoodthings7413]

I'm starting to invest in a s&p 500 index fund for my 401k and roth next month. This information definitely helped me to nagitivate my companies 401k plan bcuz HR def did not assist me.

[@christinemcliesh7628]

This video was informative, I will be looking into index funds. Thanks

[@OurRichJourney]

That's awesome! Thank you so much Christine!

[@azariahcopp6722]

What are the pros and cons of a index etf versus a index mutual fund?

[@viviansmallwood3078]

Great beginner's video. I'm ready to invest. Thank you.🌻🌻🌻

[@nikemuko.164]

What computer do you use and do you do this by yourself

[@femio3617]

Keep it coming 600k net worth in real estate now 🙏🙏 I found another ETF VT cheaper then VTI let go

[@jessicalopez7524]

Hi Christina and Amon! Thank you for all the content you share. I have been watching for a few weeks and may have seen all of your videos 😁. Question, my husband has feelings about how you Dollar-cost average on your investments. Can you share what reasons (pros and cons) for following this strategy?

[@mrsgq9110]

Great Question!

[@newyorkcity25]

i found your channel a few months ago and i am so happy i did! i'm planning on purchasing your FIRE and investment courses and i am so excited to begin FIRE at a young age! thank you for taking the time to create these amazing videos 😊😊

[@RC-ul4uc]

What do you guys think about fidelity?

[@CrustofCreation]

I'm so glad you started talking about these. I had never heard of them but I'm hearing more Millennials talk about them and I don't feel lost when they mention them.

[@dannychavez4878]

Hope you getting a kickback on that fabuloso advertising😜$$

[@CrustofCreation]

@@dannychavez4878 lmaooo

[@darylmiller8911]

One point I think is nice about mutual fund tracking an index, you can automate your recurring purchases. An etf cannot automate the recurring purchases. I may be wrong.

[@pearlenecooper6013]

Thank you. I am sharing this with my great and great-great nieces.

[@ssc1083]

question: with 50k to spend, should I invest all 50k into funds today? Or monthly amounts, e.g. 5k per month?

[@OurRichJourney]

Lump sum versus dollar cost averaging - great question! We have a video on that! You can check it out here: How to Invest a Large Sum of Money for Financial Independence - kzbin.info/www/bejne/eIG1hKmNqryaarM

[@ssc1083]

@@OurRichJourney thanks for the quick response! We watch your channel quite regularly and have already reached our soft FIRE goal in 2020, on target to reach our our stretch goal in 2021. :) Looking to diversify into more index funds, so this is definitely useful. Thanks again!

[@ssc1083]

@@OurRichJourney p.s. just watched the recommended video (noticed it’s from 2019), and I have a followup question, specifically on index funds: - now in 2021, would you still recommend dollar cost averaging over going all in? Should we wait to see if there’s another market crash before putting a new lump sum into an index fund?

[@Isabel-re7sl]

if your investing long term, I would go all in now!!

[@demianan.kumoru]

Is the Our Rich Journey course free?

[@Ms.Sweetliving_87]

I learn so much from watching, thank you, I’ve been confuse about the stock marketing for years, and never knew where to start when it come investing. Now I feel totally confident investing. I am on journey to build generation wealth.

[@diasporavoice8641]

Awesome content. Just found your channel & I’m loving it. Now subscribed. Keep it coming

[@kenesa]

Can y'all do a video on investing the principle money (i.e. lottery/sweepstake winnings/inheritance), and how to live only on the interest that it makes (unless you have a video on it already)?

[@Milfromdacliff]

This was amazing! Thanks for all the information you all provided. I received a lot of clarity on what index funds are. It was easy to understand!

[@RetiredLovingIt]

Great job guys! You can never start too early!

[@mrbass093]

Let’s say I have $100 to invest in index funds, do I have to keep putting money in that index fund or will it grow by itself?

[@unityaboriginelove6595]

The more money you put in the more it grows.

[@GraceMilagros]

Great video as always! Wondering if you would consider doing a video about investing as US expat? would love to hear your thoughts!

[@IAMElsLife]

Great idea ❤️

[@BalrajSingh-gg3qm]

Good beginer video. May want to consider your stock course

[@antoniodossantos5960]

Thanks 🌎 I am just beginning to learn about it...

[@lishandealwis427]

Would Fidelity be a good Index fund to start off with? if youre looking at Tech companies?

[@planetdee3587]

Can anybody advise on a Fidelity index fund that tracks just tech companies?

[@ItsELE3]

i have an actively managed mutual fund; could i transfer it to a regular index fund without being penalized for doing so?

[@kyleziebarth5488]

Is fzrox the same as vti but cheaper?

[@danelledautrievesanford]

I have index fund investments. I also have a fund that leans towards technology such as Apple because that's how Forest Gump got rich 🤣🤣🤣💰💰💰💰💰💰💰

[@OurRichJourney]

Life is like a box of chocolates! Hehe! :) Thanks for watching Danelle!

[@msbeautyboss3784]

🤣🤣🤣

[@outofoder7]

"I invested in some fruit company."

[@thegogiver]

What are your thoughts on QQQ?

[@OurRichJourney]

The triple-Qs! :) We haven't done a video on our thoughts on that yet, but thanks for the suggestion!

[@thegogiver]

@@OurRichJourney please do that! I have the triple-Q’s... along with VTI. Maybe a video on the past 10/20 year performance of the two?

[@bekiwildandfree5641]

I loooove me some QQQ! ❤️

[@MrKeyframes]

Hey guys, thanks for sharing! I was curious if you guys are paying US taxes? Did you guys renounce your citizenship when you guys moved to Portugal? How are you handling the tax situation?

[@ronibluerey7654]

Thank you all for what you do. You all are a beautiful and an inspiring family. Stay blessed and continue to live and build on your best life.

[@lashawn369]

Checking in from the DMV

[@JSSBBB]

I love you guys!! Thank you for what you do. You have helped me a lot!!!

[@OurRichJourney]

❤️❤️❤️

[@minvjat7018]

make a video about holding on through the downturn of the stock market...

[@amitk81]

What happens once a particular stock is weighted higher in a particular index- typically based on the stock price, you will be heavily invested in a particular stock or group of stocks like FAANG.

[@Asatuck0811]

Love yalls videos can y’all do another video possibly soon on option trading y’all are doing right now etc how y’all decide on one option over another or strategies

[@richardpadilla4444]

Love your videos just open an brokerage account and learning from the professionals

[@animemoe4363]

yall look so happy man god bless y'all man... good ppl fr

[@iamsathya1983]

@Our Rich Journey Your channel has provided me with a wealth of information. I have learnt a lot about about FIRE movement by binge watching your videos. Thanks a lot. I have a question , i am looking to buy Vanguard Index funds and once i get past the $3000 minimum investment during initial investment ,can i invest with lesser dollar amounts in recurring investments ?

[@fitsumf9837]

Yes, as much Amount as you can

[@rievans57]

What is Fidelity's expense ratio?

[@comelitekang8873]

Thank you. Very informative:) much appreciated

[@Kathytacita]

Hi guys as usual very informative but I got confuse. I have 3,000 in the sS&p 500 etf would be wise to pass that to and index fund with S&P500? Any thoughts?

[@rivers9135]

The best 12 minutes I’ve invested in my life.

[@lettybetty5869]

how many shares do you recommend buying in order to see a decent size return? I never know how many shares to buy

[@joshuaderungs8792]

Buy as much as you can afford! The more the better.