How We Became Millionaires with Index Funds | Vanguard, Schwab, & Fidelity

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  • Опубликовано: 16 ноя 2019
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    Our Rich Journey - How to Become a Millionaire with Index Funds | Vanguard, Schwab, & Fidelity: If you're familiar with our FIRE journey, you know that a large part of our FIRE success is due to investing in index funds. Several months ago, we did a video on VTSAX (a Vanguard index fund). We got so many questions from that video and so much interest in index funds, we decided to do an in-depth video on index funds. So . . . in this video, we dive more into our discussion on index fund investing. We talk about the history of the index fund, why the index funds was originally created back in 1975, we share index funds we invest in, and we share our top picks for index funds with Vanguard, Schwab, and Fidelity. Thanks for watching!
    ▸▸▸Check out some of our other videos!
    Vanguard's VTSAX Index Fund: Our #1 Investment for Financial Independence Explained:
    • Vanguard's VTSAX Index...
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Комментарии • 2,9 тыс.

  • @OurRichJourney
    @OurRichJourney  10 месяцев назад +2

    ▸▸▸ www.365daystofire.com/
    Enrollment is now open for our 365 Days to F.I.R.E. Program
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    • @servantman
      @servantman 6 месяцев назад

      😊😊😊😊

    • @servantman
      @servantman 6 месяцев назад

      😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊

    • @karldunlap4861
      @karldunlap4861 3 месяца назад

      Hello, what book or books do you recommend about index fund investing?

  • @realestatedoru
    @realestatedoru 4 года назад +3964

    This is What happens when you have 4 hands going after one GOAL. Some folks are against Marriage but a family who grinds together shines together.

    • @BrokeManFinance
      @BrokeManFinance 4 года назад +39

      100 percent spot on!!!

    • @illuminatig622
      @illuminatig622 4 года назад +98

      Two people that love each other are good to grind stuff, marriage has nothing to do with it.

    • @realestatedoru
      @realestatedoru 4 года назад +51

      illuminati g I don’t know if you’re young or read that on a social media meme. But LOVE has nothing to do with income. Those 2 things are totally different & have nothing to do with the other.

    • @earrth911
      @earrth911 4 года назад +1

      @@illuminatig622 indeed

    • @itsintheword230
      @itsintheword230 4 года назад +24

      Biblically based....great comment

  • @enigmathegrayman2953
    @enigmathegrayman2953 4 года назад +4783

    Prime example of when a man and his wife come together and.......BUILD!!!!!

    • @swingtradeangel6721
      @swingtradeangel6721 4 года назад +17

      Marcus M. This is so true

    • @enigmathegrayman2953
      @enigmathegrayman2953 4 года назад +37

      PACIFIK
      Yes, and you also have the nerve of some people rejecting marriage!!!! I’ll immediately point to this couple or another RUclips channel called Black, Married, and Debt free and say how do you explain this, if marriage is so awful if marriage is against the man and only benefits the woman or black people shouldn’t be married.

    • @enigmathegrayman2953
      @enigmathegrayman2953 4 года назад +46

      PACIFIK
      There is a direct correlation with marriage and wealth, marriage is a business and it is about dealing with others (your partner) and combining your resources to accomplish even greater things than can be done individually. This channel is all about NOT being the norm when you really think about it.

    • @enigmathegrayman2953
      @enigmathegrayman2953 4 года назад +24

      PACIFIK
      With all due respect I choose not to carry on this topic, those that don’t or can’t deal in a meaningful and productive relationship can live their lives, and folks who choose to build and forge a strong marriage and family will not worry about how much of a outlier they are, but rather just continue to build.✌🏿

    • @cocor.3653
      @cocor.3653 4 года назад +5

      PACIFIK I think a part of what the OP didn’t elaborate on with marriage is business. I’m sorry but it drives me crazy when people say “why do you need the government involve to show your commitment” you don’t but you know what? If you wanna make it easier to be financially independent with the person you love and committed to it really only make sense to get married. There’s so many tax advantages, credit advantages and so on that you are granted when you’re “legally binded”. Of course it comes with risk but so does every single major decision you make in life. People like this, as the OP said, aren’t worried about the other people who more times than not get into relationships and/or marriages for the wrong reason. People like this are focused on themselves and what they need to do to benefit them and their family/legacy.
      I find it hard to really talk about marriage at times b/c as much as people want to talk about the divorce rate no one wants to talk about all the broken, toxic, selfish, codependent people who are more times than not the ones who complain and get divorced. 70% of couples never even try marriage or couples counseling before splitting and then go on blaming the other partner or marriage itself when really it was a combination of the type of people I just mentioned.
      And btw I’m a happily married woman of almost 8 years. I’ve just spent my fair share of time with unhappily married women (not intentionally but when trying to make mom friends that comes out) and it’s frustrating. I want more like minded friends for myself, my husband and especially our kids. Kids from broken toxic homes mimic those behaviors of their parents and I don’t blame them, it’s the parents but it’s hard to have my children around them because they do a lot of things that are not acceptable to my husband and I and most people don’t want to hear what they can do better in their lives/parenting so I quietly bow out of those relationships.

  • @romcelreath
    @romcelreath 3 года назад +792

    I just crossed the $2 million mark with Vanguard index funds. I'm 46 and I plan on working until 55.

    • @successhezekiah
      @successhezekiah 3 года назад +50

      Congrats, Evan! If you are looking for someone you can teach how you did it, I'm all ears!

    • @courtneyh.124
      @courtneyh.124 3 года назад +16

      Congratulations! If you don’t mind sharing, what’s your occupation?

    • @amaurytorres9978
      @amaurytorres9978 3 года назад +25

      Wow, good for you man. I’m 26 just recently learning about investing. I hope to also be able to retire at 55

    • @naana-scelyne6370
      @naana-scelyne6370 3 года назад +20

      Congratulations. How much did you start ? 5k? 10k ? 100k what do u suggest? Thx

    • @HorrorFilmStoop
      @HorrorFilmStoop 3 года назад +1

      Congrats! would you suggest indux funds over a roth ira

  • @totalfinance8626
    @totalfinance8626 3 года назад +246

    "It is not necessary to do extraordinary things to get extraordinary results."
    - Warren Buffett (on Index Funds)

  • @DMalltheway
    @DMalltheway Год назад +49

    Started with Vanguard set up by my mom when I was 15 and kept maxing out the Roth IRA every year in first a target retirement fund and then a full 100% stock VFIAX index fund. I’m currently 35 and it’s grown to almost 400k, still won’t stop and keep grinding.

    • @ipenema7555
      @ipenema7555 Год назад +1

      Hey Mathew can I set up for my son who is 16 and looking for advice what things I need to inform him apart from Roth IRA

    • @huddieentertainment
      @huddieentertainment 7 месяцев назад +1

      WOW!! Thats awesome! shoutout to a GREAT MOM! never stop Loving your Mom and Appreciating her. And salute to you for staying consistent and disciplined. Congrats to you

  • @crisprtalk6963
    @crisprtalk6963 4 года назад +1742

    I really wish home economics was taught in schools today. Saving, investing, what a stock is, understanding the pain of debt and overspending can cause, how to shop for food wisely, how to cook at home and save BIG$ .. all of it

    • @fromherworkshop689
      @fromherworkshop689 4 года назад +1

      Thomas H H IKR

    • @BR-ex9xp
      @BR-ex9xp 4 года назад +31

      Thomas H H it wouldn’t matter. Kids and teenagers arent into financials yet at those stages.

    • @Tiredhearts5
      @Tiredhearts5 4 года назад +12

      it is taught at high schools, at least mine has american economics, personal finance, marketing, sports marketing, accounting and others

    • @dreamersdayproductions8564
      @dreamersdayproductions8564 4 года назад +38

      Tiredhearts5 you’re very lucky. Majority of schools in the nation do not teach real world topics

    • @crisprtalk6963
      @crisprtalk6963 4 года назад +14

      @@Tiredhearts5 not where I am. matter of fact most people where I am live in heavy debt. We do not. I teach my two boys at home how to save money and invest, and shop for food. My boys watched us pay off our mortgage.

  • @danwahl5477
    @danwahl5477 3 года назад +372

    Just started doing this at 33. I really wish they taught this in high school or college.

    • @OurRichJourney
      @OurRichJourney  3 года назад +25

      Agreed! Too bad it isn't taught in schools, but we're excited to hear you've started your investing joujrney!

    • @josephl6727
      @josephl6727 3 года назад +8

      Yeah, I feel your pain. I just started investing in several companies that are going to be long term investments. Plus, it's good to have a decent REIT and ETF with dividends so you can reinvest the earnings and create a snowball effect. The more you put in there the better.

    • @DeezyMilano
      @DeezyMilano 3 года назад +9

      Right smh I'm 35 gosh I wouldva been straight if I did this in high school

    • @RicottaMira
      @RicottaMira 3 года назад +22

      Same just starting at 29. We got this 👏🏽

    • @orange_penis
      @orange_penis 3 года назад +2

      @C Burch which is more important for the human species than any sort of index funds or mutual funds

  • @itscharine1712
    @itscharine1712 3 года назад +175

    This is valuable information!! I’m 32 and I know it’s not too late!!!! I’m excited to start this financial freedom journey!! God bless you both!

    • @OurRichJourney
      @OurRichJourney  3 года назад +3

      Thank you so much Charine! So happy to hear you're starting your financial freedom journey and so excited to be on it with you!!!

    • @cate9745
      @cate9745 Год назад

      I’m 34 just started $500 in td Ameritrade gold mining etsy other stuff. Wish me luck I just want to have mike $100 grand by the time I’m 75 nothing crazy

    • @e.l.4860
      @e.l.4860 Год назад +1

      @@cate9745 At 34, you should have way more tha 100 grand by the time you turn 75.., at least 5x that amount.

    • @darriusbutler4982
      @darriusbutler4982 3 месяца назад

      I’m 34 yrs old have you started your funicular free journey yet?

  • @pankhuriroy834
    @pankhuriroy834 4 года назад +622

    You guys should seriously consider coming up with a course related to everything about investments.

    • @OurRichJourney
      @OurRichJourney  4 года назад +68

      That's really kind of you to make that recommendation! Maybe one day! :)

    • @TJaeSpeaks
      @TJaeSpeaks 4 года назад +28

      Know what you mean. I've learnt more through them than some of my university courses on how to build wealth

    • @personalfinancedeclutter5803
      @personalfinancedeclutter5803 4 года назад

      I personally enjoy RUclips format much more! Definitely one of the inspirations for me to document my path to financial independence by starting a channel!

    • @NickPeitsch
      @NickPeitsch 4 года назад +13

      They would break the internet with their knowledge

    • @srikanthk5769
      @srikanthk5769 4 года назад +9

      No need to write any book. Just read the book “what wall street doesn’t want you know” and “intelligent investor”. The wheel has been invented already here folks. Hire a fee only based fiduciary cfp who has conviction on index funds with all due respect to the folks in the video.

  • @jonatanlacroixgosselin5258
    @jonatanlacroixgosselin5258 3 года назад +333

    I thought I needed to be alone to invest and build wealth, but I realize watching you that finding someone with similar goals will help me reach financial independence much sooner and be happier along the way.

    • @OurRichJourney
      @OurRichJourney  3 года назад +20

      YES - finding someone with similar goals can definitely help! :)

    • @sayhiku
      @sayhiku 3 года назад +3

      I'm single...

    • @vynnxa6416
      @vynnxa6416 3 года назад +8

      That's a goal dude... Just think about it. If your 1 salary can provide for your needs and some savings... It can definitely provide for 2.
      So that second income stream coming from the other person can be mostly dumped into investments.
      Just imagine what kind of growth you can see if you're tripling the amount being invested and watching it compound.

    • @courtneyh.124
      @courtneyh.124 3 года назад +4

      I agree. I can’t wait to meet my husband. We will build together. Thank you guys for this information.

    • @michaelcondrey3510
      @michaelcondrey3510 2 года назад +2

      It helps in the sense that that they are your roommate so you can share expenses and you can invest more, but don’t combine accounts because you think that the wealth will grow faster when it’s in the same chunk of cash earning interest. You would have the same results as if too people invested separately and then combined accounts

  • @RichardFain
    @RichardFain 3 года назад +331

    Great video. Thanks for sharing

    • @OurRichJourney
      @OurRichJourney  3 года назад +7

      Thanks for watching!

    • @blakebutcher8443
      @blakebutcher8443 3 года назад +1

      @@OurRichJourney I got a question, I’m on trading 212 and I was going to invest with vanguard, does it have the same terms ? Thanks I’m new

    • @thegameprofit6636
      @thegameprofit6636 3 года назад +1

      @@OurRichJourney May i as a ? When i open my VTSAX. Would injecting $300 be worth it ? Thanks again

  • @chrisdtaylor9100
    @chrisdtaylor9100 3 года назад +43

    I don’t understand anything what are you guys are saying but I’m still listening

    • @OurRichJourney
      @OurRichJourney  3 года назад +9

      Haha! Keep watching - you'll notice that you will begin to understand more and more!!! :)

    • @lindalately
      @lindalately 3 года назад +4

      😂😂😂😂😂😂 me right now

  • @LanceHamright
    @LanceHamright 4 года назад +191

    Geezzz..... She has a perfect voiceover voice. So cool

    • @yuseth3
      @yuseth3 3 года назад

      She's like the lady that was dating cole on the martin show if you ever watched that show...she actually looks alot like her too

    • @OurRichJourney
      @OurRichJourney  3 года назад

      @Lance Hamright - Wow! Thanks so much!!!

  • @rufdymond
    @rufdymond 4 года назад +605

    My best friend put me onto index funds 20 years ago...it was the best thing I’ve ever been introduced to, changed my life.

    • @Jordster360
      @Jordster360 4 года назад +17

      How wonderful! That is awesome.

    • @Kimun888
      @Kimun888 4 года назад +9

      How much it multiply since?

    • @kerryleehartley
      @kerryleehartley 4 года назад +4

      Thats amazing! did you ever branch into other asset? #RootingForUsAll2Win #FundamentalFourBook

    • @kerryleehartley
      @kerryleehartley 4 года назад +1

      @Iestyn Evans Im Very Curious Also! #RootingForUsAll2Win #FundamentalFourBook

    • @Carlos-oy5nl
      @Carlos-oy5nl 4 года назад

      which index funds did you invest into?

  • @hellohuhify
    @hellohuhify 3 года назад +117

    Congrats on your successful partnership both romantically and financially. Thank you for your advice!

  • @slmunney7760
    @slmunney7760 4 года назад +202

    10 minute video that if followed consistently will put you in the 80 percentile (at a minimum) of all investors. Unfortunately, it took me about 15 years trying everything under the sun to come to the same conclusion. At least I learned eventually. Great video.

    • @OurRichJourney
      @OurRichJourney  4 года назад +27

      I loved your statement, "At least I learned eventually." That's the most important part! :)

    • @michaelt4740
      @michaelt4740 2 года назад +6

      Starting at 37 with fours kids, LETS GO… I’m excited

    • @gamerbotak168
      @gamerbotak168 Год назад

      Same here, took me 12 years to realize the best way is the no brain way.

    • @user-vg8ez9cu6u
      @user-vg8ez9cu6u 4 месяца назад

      ​@@michaelt4740starting at 39. 😢

  • @noweaponshallprosper2651
    @noweaponshallprosper2651 3 года назад +197

    So easy actually. Its so sad it’s rarely taught early on in schools and college.

    • @fearlezz365
      @fearlezz365 3 года назад +2

      Elaborate if u don’t mind

    • @stutter911
      @stutter911 3 года назад +1

      Reoccurring investment into an ETF like VOO or SPY monthly. Invest $500 on of these due to them tracking the S & P 500

    • @omotayosatuyi252
      @omotayosatuyi252 3 года назад +7

      I’m telling you many schools don’t teach you things about money and financial literacy then when kids get out of high school they don’t know a thing about money it’s really sad

    • @PhongNguyen-cf3kj
      @PhongNguyen-cf3kj 3 года назад +2

      Funds are the best and safest to invest.

    • @jimgonewild909
      @jimgonewild909 3 года назад

      @@PhongNguyen-cf3kj can i acquire those through Robin hood

  • @IlyRnb
    @IlyRnb 3 года назад +50

    COUPLE WHO WORK TOGETHER STAYS TOGETHER. THIS IS GOALS AF

    • @OurRichJourney
      @OurRichJourney  3 года назад

      Well said! Thanks for watching AND commenting Lunar!!!

  • @atummuhammed2749
    @atummuhammed2749 3 года назад +26

    Wow! I remember you fam! We met at Whole Foods years ago! Great to see you doing well and on top. 😎

  • @YourJoy
    @YourJoy 4 года назад +301

    Vanguard, Schwab, and Fidelity are exactly the way to go. You guys are my spirit animal.

    • @saavyfilms8994
      @saavyfilms8994 4 года назад

      Doesn't fidelity and vanguard have high fees tho? i got with an Brokerage with really low fees

    • @jmflip7
      @jmflip7 3 года назад +3

      What is a what animal?

    • @GlennShook
      @GlennShook 3 года назад +12

      All the big brokerages did away with fees if done online. Vanguard and schwab used to charge each trade for individual stocks but not is 0.

    • @GlennShook
      @GlennShook 3 года назад +1

      Now is 0.

    • @gregbrancwash
      @gregbrancwash 3 года назад +4

      Why not robinhood

  • @cjwallace4559
    @cjwallace4559 3 года назад +28

    Pray they continue to teach others about financial prosperity in Jesus Name...

    • @keepitsimpleydb6151
      @keepitsimpleydb6151 3 года назад

      @@tdurden9532 He can be orange - I don't care. God is good.

  • @khyla_art
    @khyla_art 3 года назад +82

    This is good content. I am actually a registered broker of 15+ yrs and I love how you broke it down. I don't subscribe to many channels, too flashy. Too much noise but yours is quality. Keep sharing. Keep being the body of work, planning creates.

    • @OurRichJourney
      @OurRichJourney  3 года назад +6

      Wow! Thank you for the kind words! And thank you so much for subscribing to our channel!

    • @hamzahassan5037
      @hamzahassan5037 2 года назад +2

      can u please give me your where i can reach/contact you to get more in depth info. on investing.i want to start my journey am 22 and thank you

    • @Queen-ConsciousYa
      @Queen-ConsciousYa 8 месяцев назад

      Hi! Can you help me out as well and I can provide value when I can? Thanks

  • @keesh4evafly586
    @keesh4evafly586 3 года назад +25

    I’m so happy I found y’all I’ve been getting into investing and actually opened my Roth IRA with Fidelity.

    • @OurRichJourney
      @OurRichJourney  3 года назад

      We are so happy you found us, too!!! Hope your are growing your Roth IRA at this very moment!!! :)

  • @nayiritankarian1554
    @nayiritankarian1554 4 года назад +27

    This is the best explanation of stocks I have ever come across! Thanks so much Christina and Aman!

  • @Pirihboxing1991
    @Pirihboxing1991 Год назад +1

    Congrats to you two❤️

  • @OurRichJourney
    @OurRichJourney  3 года назад +54

    📈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

    • @XYZ-sq7ki
      @XYZ-sq7ki 3 года назад +2

      How highly do you prioritize being able to open multiple accounts with the same company (vanguard)? Would you be able to do the same at Fidelity or Schwab and get the same results? What is the advantage of having all accounts with one brokerage?

    • @jennifershanahan7343
      @jennifershanahan7343 3 года назад +4

      @@XYZ-sq7ki the main advantage to investing with a single brokerage is being able to easily manage your investments. Most of the large brokerages operate similarly to one another and offer an array of investment options (i.e. IRAs, ROTH IRAs, ETFs, mutual funds, stocks etc). Pick the brokerage that offers the lowest fees for maintenance and transactions. Vanguard offers many no-load funds which can also save you a lot of money down the road. Vanguard’s stability and years in the business makes them an excellent good choice.

    • @MrTeatreeoil
      @MrTeatreeoil 2 года назад +3

      How can I start with dirt nothing?

    • @jeffreybaggett4761
      @jeffreybaggett4761 2 года назад

      When you invest in vtsax do put money in monthly

    • @jermaineholmes3531
      @jermaineholmes3531 10 месяцев назад

      Blessings.? How do you guys like vanguard. I really wanna like them looking at other brokerage, but I hear the talk in terms of fees. Just curious to know what made you guys go with them.

  • @joerobinson7803
    @joerobinson7803 4 года назад +5

    I'm so glad that I stumbled across your channel. I love it!

  • @queenwifemomdaughter2970
    @queenwifemomdaughter2970 4 года назад +17

    You guys are such a blessing! The fact that you can make these issues so easy to understand shows your brilliance! 💫🌟✨

    • @kerryleehartley
      @kerryleehartley 4 года назад

      I agree! This is a beautiful thing! #RootingForUsAll2Win #FundamentalFourBook

  • @coffeebreaktude
    @coffeebreaktude 3 года назад +1

    Best description of index funds I've found. I was trying to wrap my head around difference between mutual funds and index funds. Thanks!

  • @courtneypants
    @courtneypants 3 года назад +224

    Wouldn’t you say that FZROX is the best index fund because it has the highest return rate and lowest expense ratio?

    • @rcdyer
      @rcdyer 3 года назад +14

      From what I see you can do a hell of a lot better than this vehicle.

    • @mayacarter2864
      @mayacarter2864 3 года назад +1

      @@richardpearson1724 would you recommend forex?

    • @cooperparts
      @cooperparts 3 года назад +1

      Never heard of it

    • @DicksonMaimouth
      @DicksonMaimouth 3 года назад +4

      @@mayacarter2864 Forex can make you a lot of money, but it can also lose you a lot. You really have to read between the lines with breaking stories and keep up to date with current affairs. In fact, you have to become good at forecasting events that will likely impact currencies. Start small.

    • @MrAmra16
      @MrAmra16 3 года назад +9

      @John Smith s&p500 18% this year

  • @albertmitchell5043
    @albertmitchell5043 4 года назад +58

    It is so refreshing to see a couple look at each other like that. No greater connection than when you rise up together. Great video sound advice. Can't wait to start investing.

    • @OurRichJourney
      @OurRichJourney  3 года назад

      Thank you so much Albert! Hope you've gotten started!!!

  • @leonardocortes4828
    @leonardocortes4828 3 года назад +32

    This was a great video. I actually teach personal finance at a middle school, and this is such an easy way to explain index funds to my kids. Really appreciate the info and will definitely follow you.

    • @OurRichJourney
      @OurRichJourney  3 года назад +1

      Thank you Leonardo!

    • @Mikebenson141
      @Mikebenson141 9 месяцев назад

      Wow I wish there was a personal finance class in my middle school

  • @lorelllovett4570
    @lorelllovett4570 3 года назад +5

    Your explanation if the index fund is prob the easiest, most concise, and understandable explanation that I've come across. Thanks

  • @YadaNcam
    @YadaNcam 3 года назад +20

    I’m starting so late but starting early for my six year old. I’m glad I came across this video

    • @OurRichJourney
      @OurRichJourney  3 года назад +1

      That's fantastic that you're starting for your six year old! CONGRATULATIONS! And, even without know how old you are, I doubt that you are starting late. You have to start when you are ready! And NOW you are ready!!! We are so happy you found our channel! Thanks for watching!

  • @chedengg
    @chedengg 4 года назад +11

    That was very inspiring and educational Thank you!

    • @OurRichJourney
      @OurRichJourney  4 года назад +2

      Thank YOU for watching and commenting!!!

  • @djembe555
    @djembe555 4 года назад +16

    This was an amazingly informative video. I knew absolutely nothing about investing. But you both have truly inspired me. Thank you thank you ❤️🙏🏾 wish I could like 1 million times

    • @OurRichJourney
      @OurRichJourney  3 года назад

      Wow! Thank you! Hope you are still feeling inspired and motivated!!!

  • @esmokah
    @esmokah 3 года назад +51

    I am 39 and have started to put any money I can into my index fund. In a year, it has gone up to 10%. I'm going to keep it going!

    • @OurRichJourney
      @OurRichJourney  3 года назад

      That's fantastic!!!

    • @Drew-kf7jp
      @Drew-kf7jp 3 года назад +1

      Hi !!! Would you mind telling which brokerage firm you shortlisted for index funds? I am 39 as well have about 10 k saved with me so thinking of investing. Your response is greatly appreciated

    • @redshows6964
      @redshows6964 2 года назад

      Even bank saving account produce more than 10% yearly

    • @sambros2
      @sambros2 2 года назад +2

      @@redshows6964 no it doesn't lol

  • @Explicit626Beats
    @Explicit626Beats Год назад +2

    I love Vanguard! I’m a big buyer of VOO and VBR.

  • @Jeremiah1619
    @Jeremiah1619 4 года назад +14

    I truly appreciate y’all, I needed guidance 🙏💯much ❤️

    • @kerryleehartley
      @kerryleehartley 4 года назад

      Stay encouraged! You got this! #RootingForUsAll2Win #FundamentalFourBook

  • @AutismMomandTravel
    @AutismMomandTravel 4 года назад +26

    My favorite couple is dropping another Gem. ❤️ you guys ❤️❤️ when the bell 🛎 is clicked and you get the notification 😂

    • @rimmyreddy788
      @rimmyreddy788 4 года назад +4

      AutismMom I do admire they both are on the same page. That’s something that’s hard to achieve. To me that’s the best asset they have.

    • @OurRichJourney
      @OurRichJourney  4 года назад +1

      Aww, you are way too sweet! Thanks so much for watching!!! :)

  • @mrsandrad
    @mrsandrad 2 года назад +3

    I loved how you both explained this so well. Many blessings to you both! Definitely a new fan!

  • @LolaStyles
    @LolaStyles 3 года назад +1

    New sub! Thank you for explaining index funds in a way I can finally understand🙏🙌

  • @cynthiaa.9469
    @cynthiaa.9469 4 года назад +6

    I like the transparency. Thanks for breaking it down and letting us exactly which one you picked along with the comparisons of other companies and even the definitions of the terms.

  • @saorib4741
    @saorib4741 3 года назад +127

    Look at her cute smile that tells me how good relationship they are in!!

    • @OurRichJourney
      @OurRichJourney  3 года назад +8

      Too sweet! Thank you!!!

    • @4dd4m4d
      @4dd4m4d 3 года назад +2

      What about his smile? If the female is happy everything is OK these days right? The husband is just there to provide for the wife's happiness...

  • @Luis-xr6ec
    @Luis-xr6ec 3 года назад +12

    First time watching and I must say I love y’all’s energy. I like that you’re financially investing in your children’s future.

  • @jeannettedrown7687
    @jeannettedrown7687 2 года назад +3

    Thank you for your amazing content. I like how you two work so well as a team. Do you ever recommend investing in a small cap index fund as a supplement to a total stock market index fund?

  • @tamarabenshoham3155
    @tamarabenshoham3155 4 года назад +9

    Do you have a list of recommended books that you used when you started investing? I know I can find everything online, but sometime it’s nice to have a written starting point....thank you!

    • @OurRichJourney
      @OurRichJourney  4 года назад +11

      Check out the books that we list in the description of this video. One of the best to get started is the Bogleheads Guide to investing listed. You can also check out the free resources on our website. We have a 30 day challenge that will help you get started also. Thanks for the question!

    • @tamarabenshoham3155
      @tamarabenshoham3155 4 года назад +3

      Our Rich Journey thank you so much! I really appreciate your blog and all that you guys have shared...

    • @janetclark5668
      @janetclark5668 3 года назад

      The Permanent Portfolio: Harry Brown's Investment Strategy, by Craig Rowland and J.M. Lawson. An approach that prepares you for the ups and downs. The information in Christina and Aman's video is fundamental to the permanent portfolio and the the writing is very clear on how and why it works. It inspired me to begin and go long-term.

  • @lauraclark2102
    @lauraclark2102 4 года назад +3

    Thanks for the info. Need to know how to get started, wanting to retire in 2 years.

  • @jonnitasheppard1859
    @jonnitasheppard1859 Год назад +1

    Thank you so much for this video! I can’t wait to get started!

  • @marcc3227
    @marcc3227 3 года назад

    Thank you very much for the easy and to the point explanation on index funds as well as your recommendations.

  • @kareemsmith231
    @kareemsmith231 4 года назад +11

    I dont know if I could ever get to your level of investing....but you sure make it seem like the average guy can do it....love this channel!

    • @OurRichJourney
      @OurRichJourney  4 года назад +3

      And the beauty of investing is that it doesn't need to be overly complicated. It can be very simple, which is what we do. We have a very simple plan! You can definitely learn to invest! :)

  • @blackbeltfinance4026
    @blackbeltfinance4026 4 года назад +75

    I can’t wait to hit my first Million! 💰 😎
    Good work team 🏆

  • @riversheppherd121
    @riversheppherd121 3 года назад +1

    Highly informative!

  • @liberatingleash
    @liberatingleash Год назад +1

    Very informative. Thank you for putting this together!

  • @oyamsbabe4028
    @oyamsbabe4028 4 года назад +14

    I’m still watching, but I just want to say that I’m so glad I came across you guys. You are a jewel and I 💕 u so. Your videos always put a smile on my face. Thanks and stay well. Gotta go back watching.

    • @OurRichJourney
      @OurRichJourney  4 года назад

      Awww, your comment put a smile on our face! Thanks for watching!

  • @batirtzeurkiaga4973
    @batirtzeurkiaga4973 4 года назад +20

    I love the presentation. You guys have great taste. I'm not very savvy with investments but I'll keep an eye on videos like this. Enjoy your stay in Portugal!!

    • @OurRichJourney
      @OurRichJourney  4 года назад +2

      @Batirtze Urkiaga- Thank you! So glad you liked the video!

  • @freedomring3022
    @freedomring3022 Год назад +1

    congrats to you two. great to hear that you are both on the same page when it comes to investing

  • @lenatran4040
    @lenatran4040 3 года назад +2

    I’m so glad that I found your channel! I love the energy of you two!

    • @OurRichJourney
      @OurRichJourney  3 года назад

      We are so glad you found our channel, too! Thanks for watching Lena (and for commenting)!!!

  • @robsteel9458
    @robsteel9458 4 года назад +3

    One of the best videos on RUclips!, thx for making it..

  • @janelle_111
    @janelle_111 3 года назад +21

    This is how you do it WITH GOD, SILENTLY & TOGETHER🙌🏼🙏🏼💖💖

    • @ericfranke1637
      @ericfranke1637 3 года назад

      If God were real and had any power he would abolish the stock market

    • @OurRichJourney
      @OurRichJourney  3 года назад +1

      @Just US Girlz - Thank you!!!

    • @janelle_111
      @janelle_111 3 года назад

      @@OurRichJourney you’re welcome 🤍

  • @redaboustani5035
    @redaboustani5035 3 года назад +3

    You guys are awesome!!! Thank you so much for the continuous insight!!!! Love watching you and learning from you!!!

  • @brinababey
    @brinababey 3 года назад

    Thanks for breaking it down so simply!

  • @scottnorris2411
    @scottnorris2411 4 года назад +11

    This is one of the Vanguard Index Funds I have on my buy list before I seen your video. We must be thinking the same way.

  • @goodsoulvibes7429
    @goodsoulvibes7429 4 года назад +7

    I'm in Fidelity! Thanks for sharing this information.

  • @berniceadarkwadjan2311
    @berniceadarkwadjan2311 3 года назад +1

    Great video to watch. How much can you start with. And where to go for it. Thanks.

  • @Austinwhite918
    @Austinwhite918 3 года назад +3

    There is a book by Ramit Sehti called: I Will Teach You to be Rich. Very good info, and talks alot about what this couple say. Very informative

  • @donnapinto5
    @donnapinto5 4 года назад +6

    Firstly, Love your videos! There is a lot of talk about a recession coming in 2020 or 2021. Just wondering if you have any thoughts or suggestions on preparing for it.

    • @MrTofu13
      @MrTofu13 4 года назад +1

      Donna Pinto Don’t worry about these things. Just invest in low cost funds at work. If you look at stock market’s history it’s trend is to up. Thirsty years later you’re a millionaire. Slow and steady wins the race. Heard the story about the tortoise and the hare? Apply it to your life. Good luck!

  • @JamieJEdwards
    @JamieJEdwards 4 года назад +6

    Never took the time to learn about investing in stocks. You both made it so palatable and easy to understand! Thank you!

  • @abelgarcia1528
    @abelgarcia1528 3 года назад

    Very informative! Thank you for sharing!

  • @ches95ramos
    @ches95ramos 2 года назад +5

    So do you basically live off the profits you make from the index funds? Do you just pull out a certain amount, a few times a year? This was a great video!

  • @mtunzigqada9700
    @mtunzigqada9700 4 года назад +3

    Why did you choose vanguard tsi as opposed to fidelity fzrox considering the latter has a higher YTD and expense ratio of 0%?

  • @thelmaespinel8558
    @thelmaespinel8558 4 года назад +3

    Thank you guys another video with lot of helpful information , I really appreciate it.

  • @vincentella2592
    @vincentella2592 3 года назад

    What an awesome story of finances and family...thank you for sharing

  • @newarkstudios1137
    @newarkstudios1137 3 года назад +1

    Your using 3 brokerages? Thanks for sharing, you two are now my favorite

  • @cesarsandoval3048
    @cesarsandoval3048 3 года назад +4

    Congratulations on your amazing channel, I just found it. Your videos are very helpful, inspirational, and very well done! Please keep up the outstanding work that you have done so far!

    • @OurRichJourney
      @OurRichJourney  3 года назад +1

      Thank you Cesar! We are so happy you discovered our channel!

  • @rsodeyi
    @rsodeyi 3 года назад +6

    So happy I found you guys - just straightforward sharing - not trying to flog any books, CDs, courses etc ...just knowledge.
    Thanks much 👏

    • @OurRichJourney
      @OurRichJourney  3 года назад +1

      So glad you found us, too, Roland!!!

    • @rsodeyi
      @rsodeyi 3 года назад

      Just started my RUclips journey as well - okay if I mention you guys?

  • @brianbachmeier34
    @brianbachmeier34 3 года назад +1

    Very helpful video. Thanks.

  • @jamesshaw3850
    @jamesshaw3850 3 года назад +1

    Thank you for posting your video from buffalo NY

  • @markdunn2179
    @markdunn2179 4 года назад +3

    Great stuff - thank you. You can get the same type of index funds in an ETF as well as a mutual fund. Do you have preference of one to the other and if so why?

    • @52msdiane
      @52msdiane 4 года назад +1

      Isnt an ETF the same as index fund?

  • @freetrade2financialfreedom407
    @freetrade2financialfreedom407 4 года назад +3

    Really enjoy watching your channel from here in the UK 🇬🇧 👍🏼

  • @msToshKaz
    @msToshKaz 2 года назад

    My internet mentors in my financial journey! Always watch and learn ! So proud to have you ! Genuine REAL influencers .

  • @BiscuitZombies
    @BiscuitZombies 3 года назад +2

    Just a question. Does Vanguard and similar index funds allow regular contributions with very low fees? For example, the 0.04% expense ratio is there, but what is the fee of regular contributions?

  • @Cenlalowell
    @Cenlalowell 4 года назад +379

    I'm not far from being a millionaire as well because of this.

    • @samisami5358
      @samisami5358 4 года назад +1

      Nicholas Jasmine How so

    • @gynn4622
      @gynn4622 4 года назад +47

      @@samisami5358 probably from buying and holding and reinvesting in index funds like they did.

    • @lionheart93
      @lionheart93 4 года назад +2

      how long did It take you?

    • @nicolozaniolobedankt
      @nicolozaniolobedankt 4 года назад +13

      Buy xrp Guys buy now stop work in 2020

    • @evalynemetuge13
      @evalynemetuge13 4 года назад +1

      @@nicolozaniolobedankt what is xrp?

  • @xychromosome6055
    @xychromosome6055 4 года назад +32

    I just clicked on YT app and saw your video displaying on top of other videos. This is very informative and helpful. Thank you for your unselfish knowledge you've shared with us.

    • @OurRichJourney
      @OurRichJourney  4 года назад +3

      Very cool - so glad you found our channel! :)

    • @xychromosome6055
      @xychromosome6055 4 года назад +1

      @@OurRichJourney I wish I've found it a long time ago.

  • @josepholoo5965
    @josepholoo5965 Год назад +1

    Do you look at turn over ratio when deciding which funds to invest in?

  • @TravisOlson01
    @TravisOlson01 3 года назад +1

    What are your thoughts on Creative Planning? Appreciate you both :)

  • @kankerdoodleb9149
    @kankerdoodleb9149 4 года назад +4

    Following your journey has certainly helped me improve my own...thank you!

    • @OurRichJourney
      @OurRichJourney  4 года назад

      @kankerdoodle b - So happy to hear that!!!

  • @FashionableFather
    @FashionableFather 4 года назад +13

    Finally watched this and per usual I’m simply blown away. Thank you!

    • @kerryleehartley
      @kerryleehartley 4 года назад

      It is so helpful! #RootingForUsAll2Win #FundamentalFourBook

  • @MoementumFinance
    @MoementumFinance 3 года назад +2

    So impressive 😃 Thanks for the history of how index funds came about

  • @jeffwelker8114
    @jeffwelker8114 3 года назад

    Very informative, thanks for posting!

  • @dougsmith5920
    @dougsmith5920 3 года назад +4

    Thank You! I found this extremely educational. All of these terms were confusing me, but you guys explained everything so well. I wish I had professors like you guys! :P

    • @OurRichJourney
      @OurRichJourney  3 года назад

      Wow! Thank you for your kind words Doug!!!

  • @TheBlkac1
    @TheBlkac1 4 года назад +4

    Thanks for the great advice/information! I like how ya'll work together! Everything was structured and detailed and to the point. The best 10:27 minutes that I ever spent on RUclips😀👍👊

    • @kerryleehartley
      @kerryleehartley 4 года назад

      This is such a great comment! So glad you like the channel also! #RootingForUsAll2Win #FundamentalFourBook

  • @Philhaight717
    @Philhaight717 3 года назад +1

    You guys are awesome! I thoroughly enjoyed watching.

  • @msovaz77
    @msovaz77 Год назад

    Very clear explanations! Thank you!

  • @DrRobertMPick
    @DrRobertMPick 4 года назад +9

    Yep! Great video! And I use Vanguard as well - no surprise! You guys rock! Cannot wait to meet you one day!

    • @OurRichJourney
      @OurRichJourney  4 года назад

      Thanks so much Robert! No surprise!!! :)

    • @kerryleehartley
      @kerryleehartley 4 года назад

      Robert keep pushing! #RootingForUsAll2Win #FundamentalFourBook

  • @Bigdogs2535
    @Bigdogs2535 3 года назад +6

    This is great information that really helped since I am new to investing. My only question is to what percentage did you invest in each of these two funds? Did you invest 50/50, 50% S&P 500 index fund, and 50% total stock index fund? or did you go 70/30 etc?

  • @currencybuddy2473
    @currencybuddy2473 3 года назад

    Excellent explanation very informative and budget-friendly & optional you guys are GREAT together

  • @TawannaRucker
    @TawannaRucker 3 года назад

    Such great information. Thank you both! 😊

  • @sabrinareignique-FinanceTravel
    @sabrinareignique-FinanceTravel 3 года назад +26

    Thanks so much for sharing your journey! This is definitely something that us millennials aren’t taught. You’ve inspired me to share my own journey/knowledge on my channel. Keep being great ❤️