Step by step guide on the 3 best investments to own for life. Learn how to invest your money like a minimalist in the stock market.
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Minimalist Money. What does that mean? Minimalist Money is an approach on how to invest in a way that compliments the simple life. Minimalism is automation.
Today I wanted to make a video that I could show my 20 year old self about investing. Using a free brokerage app like Robinhood, I wanted to show the 3 investments that one should own if they want to automate their personal finances to generate more passive income or want to grow their wealth with the stock market.
I provide TWO approaches to growing your wealth. Growth index funds from Vanguard (in the form of exchange traded funds) and dividend growth investing in a way that’s simple and easy to follow for beginners.
The first pillar of your investment portfolio is a broad market US exchange traded fund from Vanguard. The second pillar is exposure to the international stock market, and the third optional investment to complete your portfolio is a mix of bonds. With these 3 investments, you will be able to own the whole world economy at your fingertips without a lot of money – beating 99% of trading professionals.
Disclaimer: I’m not a licensed professional. This is for entertainment purposes only.
*Links above include affiliate commission or referrals. I’m part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future….(read more)
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INVESTING IN A GOLD IRA: Gold IRA Account
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Minimalism is a lifestyle that has gained popularity in recent years. It encourages people to focus on what truly matters and eliminate unnecessary clutter from their lives. This philosophy can be applied to various aspects, including managing our finances. When it comes to investing, minimalism can help us identify the three key investments to own for life.
1. Index Funds:
Index funds are a type of mutual fund or exchange-traded fund (ETF) that tracks a specific market index, such as the S&P 500. These funds are designed to mirror the performance of the broader market rather than trying to beat it. By investing in index funds, you can gain exposure to a wide range of companies, diversifying your portfolio and reducing risk. Index funds also tend to have lower fees compared to actively managed funds, making them an ideal option for long-term investment.
2. Real Estate:
Real estate is a tangible asset that can provide both regular income and potential appreciation over time. Owning a property not only allows you to have a place to live but also offers a source of passive income through rental payments. Real estate is known for being a relatively stable asset class and can act as a hedge against inflation. Furthermore, property values generally increase over the long term, making it a solid investment for wealth creation. Whether it’s residential or commercial real estate, owning property can be a long-term investment that adds value to your financial portfolio.
3. Dividend Stocks:
Dividend stocks are shares of companies that distribute a portion of their profits to shareholders in the form of dividends. These stocks are often considered excellent long-term investments as they provide a regular income stream and have the potential for capital appreciation. Dividend-paying companies are typically well-established and have a history of generating consistent profits. By reinvesting the dividends, you can grow your investment over time through the power of compounding. Dividend stocks not only offer financial security but also provide a sense of ownership in successful businesses.
In conclusion, a minimalist approach to investing can help us identify the three key investments to own for life: index funds, real estate, and dividend stocks. These investments offer long-term stability, diversification, and potential growth. By focusing on a select few investments, we can simplify our portfolios, reduce risk, and stay committed to our long-term financial goals. Remember, investing is a journey, and it’s essential to do thorough research and consider your risk tolerance before making any investment decisions.
Which one are you?
Super Sayian 1 = US Broad Market Fund
Super Sayian 2 = US Broad + International Fund
Super Sayian 3 = US Broad + International + Bond Mix
Krillin = NO IDEA
Really? You get asked about….
"Stock S"
"Index E"
"Bond X"
[Cheap shot]
Definitely not FTX which is a scam that you shamelessly pushed. Disclose all the earning from that.
Still one of my fav go back and vids
This video did not age well… as of today mid OCT 2022, SPY down 24% YTD, TIP down 16%, and international ETFs in their many shapes are all down even more… Well, just sit and wait for the long run (but also remember that time can kill).
The game is the same, Andrei love your content, absolutely love it, and right now couldn’t be the best time ever to catch up and start investing. I’m wondering about the brokerage firm you use for investing, you mention a lot Robinhood, M1 (Roth IRA) since you started investing and all your stocks are in Robinhood, why Robinhood and not fidelity, SW, or any other, if you have a second chance or if were the case to move your investments stocks to another brokerage account what that would be? and thank you for your time!
mimlst comnt
Amazing .
Excellent video! Perfect timing, as stocks are tanking. thanks.
The world should be run by people like you. Thanks man
What about a 40-40-20 split between dividend stocks, growth stocks and international stocks?
So many different ways to invest. In the end, you make
your own decisions and you are accountable for the
wins and losses. I think it's funny how people
differentiate between investing and speculating. Yes,
there's a logical difference but ultimately, you put money
in a stock and hope for the best, whether you've done
research or not. Some stocks people buy, based on solid
research, have failed while some stocks people buy,
based on emotions/passion and no research, have been
huge successes. Figure out your goals in life and take
the appropriate approach that works best for you.
Is minimalism a step before Klaus Shuab's "you'll have nothing and be happy" thing?
I thought at first that increasing ones income could be considered a type of shortcut, but its actually just an effort to make the process more efficient/faster and not a shortcut.
I see you’re using Robinhood do you think Robinhood will be around for a lifetime?
IF YOU WANT TO BE SUCCESSFUL HAVE THE MINDSET OF THE RICH, SPEND LESS AND INVEST MORE. DON'T GIVE UP YOUR DREAMS.
VTI all day everyday baby!
Thank you
The key is to get to $100k asap. After that, you'll see your money grow a substantial amount. $100k invested in VOO this year would have netted you $27k this year before dividends.
Thank you for explaining well! Would you do a video BUYING VTI ETF in TD Ameritrade VS Vanguard Pros and Cons Thank you again!!
A lot of bullshitting just get to the coolshitting.
doesn't vti and voo give you passive income as well? I'm trying to wrap my head around it and is it smart to put 80/20 then 50 50 into voo/vti or it doesn't matter? or if I want div yield I just go with say sphd/vym then do 50 50 for those?
I meant 50 50 of the 80% btw
Beginned investor and the journey is well worth the yrs it will take to get your desired results.
Do you still own sphd since its been a year now?
great
Does VXUS and SPHD pay monthly dividend.
Can i buy these indexes as shares from any application like etoro , or do i have to go to their websites?
having $ 15,000 to invest, is it better to buy stocks or etf?
which is better to buy stocks or ETFs?
An investment in knowledge pays the best interest."
The 700 plus people who disliked this video are all the BS financial advisors he was pointing out when he said he wasn't here to sell us anything lol
Love the brief flash of Hawaii's Byodo In Temple on Oahu!
“Investing like a minimalist doesn’t have to be complicated” – Andrew Jikh. Truer words were never spoken.
Many see forex as a get rich scheme but forex is not like that, it's a gradual process with the right tools and application you can make a living from forex trading..
I watch your videos because I enjoy your videos, not because I necessarily care about each title. Good stuff, great finance content, amazing dude
This is such a honest video. By far the most honest stock market investment video I've seen. Very much appreciated!
Making money is the plan and with Bitcoin Investment your plans can be fulfilled.
Ahh yes, the classic three fund portfolio strategy.
Hi Andrei! Thanks for this very informative video! I am a new to investing and I have both VOO and VTI. Should I stick with both of them or just choose one? If ever, which do you prefer between the two?
Also, will be considering VXUS as well. Thank you! 🙂