How To Be A Millionaire: Index Fund Investing 101
How to become a millionaire with index fund investing for beginners: this is one of the best investments with little work or skill yet one of the top overall returns. Here's why. Enjoy! 🔥 Personal Finance Course & Investing Programs (Coming Soon) https://www.michael-curran.com/financ... FREE: Use Coupon Code 🤠MICHAEL🤠 🚨🔥 🔥🚨 These are educational courses; past performance does not guarantee future results. 🥰 SOCIAL MEDIA & DISCUSSIONS 🥰 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Rumble: / michaelcurran Twitter / X: / profmcurran Tik Tok: / profmichaelcurran Instagram: / profmichaelcurran Facebook: / profmichaelcurran Free investingprofessor Discord: / discord 🎬 Videos 🎬 ▀▀▀▀▀▀▀▀▀▀ 🔴Are Watches An Investment? • Are Watches An Investment? 🚀Investing ONLY Videos https://michael-curran.com/finance/al... 🏠Real Estate ONLY Videos https://michael-curran.com/finance/re... 🤑Trading ONLY Videos https://michael-curran.com/finance/tr... 📟Personal Finance ONLY Videos https://michael-curran.com/finance/pf ⭐ MY COURSES (COMING SOON FREE WITH COUPON CODE: 🍎MICHAEL🍎) ⭐ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 💰Personal Finance & Investing: https://michael-curran.com/finance/join ⚠️⚠️⚠️#Investing #PersonalFinance #IndexFunds #MichaelCurran #MeetKevin #GrahamStephan #InvestingProfessor #ProfMichaelCurran ⚠️⚠️⚠️ What is an index fund? Index funds track the entire market; they don't try to beat it. With a few dollars, you can own a diversified set of assets. Why invest in index funds? They have low fees (expense ratios) due to passive management and large size (better match their target group performance), are tax efficient with low trading turnover, are easy and simple (you invest passively so don't have to actively manage). They get rebalanced automatically without any work and are well-diversified: you own a slice of every publicly traded US firm - a few companies doing badly should not tank your returns. In contrast, professional stock-pickers manage active mutual funds, try to beat the market, incur more trading costs that are passed on to you without the guarantee of beating the market. 90-99% of investors including professionals get higher returns with index investing than trying to outperform the market, especially over time. It takes training, experience, hard work and luck to perform well with active trading. The probability to trade well consistently declines over multiple years. How to invest in index funds? First, open and fund a brokerage account. VTI is a cheap intro while VTSAX allows automated investing. I reinvest dividends, dollar cost average by investing my income monthly and enjoy 100% VTSAX with my long-term perspective and high-risk tolerance. 00:00 Intro 00:51 What's An Index Fund? 04:05 Benefits of Index Funds? Low Costs 05:18 How Low Expense Ratio Helps You 09:25 Your Investment Choices 11:31 Start Small: VTI (then VTSAX = $3,000) 12:41 Power of Compound Interest 14:28 Time Is Your Best Friend: Start NOW 15:37 Passive Outperforms Active 18:42 Simplicity of Passive Index Investing 19:16 Tax Efficiency 19:24 How To Start Investing In Index Funds 20:09 Automatic Investing + Reinvest Dividends 21:02 Portfolio Allocation 23:52 Dollar Cost Averaging ⚠️ Important ⚠️ ▀▀▀▀▀▀▀▀▀▀▀▀ ⚠️Consult with Michael (Coming Soon) https://michael-curran.com/finance/co... ⚠️Invest with Michael (Coming Soon) https://michael-curran.com/finance/in... 🚀 CONTACT / BUSINESS, INVESTING & CONSULTATION INQUIRIES 🚀 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Please email my team at [email protected] for any sponsorship, affiliate, collab, job, investment or consultation requests. Otherwise, please join Discord and Tag @ investingprofessor / discord 📝 LEGAL DISCLAIMER 📝 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ https://michael-curran.com/finance/le...
