Investing 101 for Financial Independence | Start With As Little as $25

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  • Опубліковано 8 лис 2024

КОМЕНТАРІ • 361

  • @OurRichJourney
    @OurRichJourney  Рік тому +2

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  • @reinataylor2829
    @reinataylor2829 3 роки тому +396

    I cannot believe this is a free channel, it's on par with an Ivy league education in finance. Thank you!

    • @OurRichJourney
      @OurRichJourney  3 роки тому +27

      You are so sweet! Thank you so much for your kind words Lauren!!!❤️

    • @simonvartanians4850
      @simonvartanians4850 3 роки тому +64

      It’s probably free because the info is real. These guys actually made/make money. Unlike scammers that promise the road to riches IF you buy their courses.

    • @churnettravels3631
      @churnettravels3631 3 роки тому +13

      @@simonvartanians4850 OMG! Well done you hit the nail on the head!! 👏🏿👏🏿👏🏿

    • @412Kamikaze
      @412Kamikaze 3 роки тому +6

      I'm learning from them and other similarly incredible finance UA-cam channels that they love sharing all these highly useful and immediately applicable tips because they've been proven in the wealth generation is already made for the content creators or IS currently working for them.

    • @sunemtovar6763
      @sunemtovar6763 Рік тому

      Even better! I have a MS in finance and they didn’t teach me none of this

  • @richardjohnson3752
    @richardjohnson3752 3 роки тому +84

    I’m 50 and my husband 54 we are both retired with over $3 million in net worth and no debts. Currently living smart and frugal with our money. Saving and investing lifestyle in the stock market made it possible for us this early even till now we earn weekly.
    Thanks to fire movement.

    • @MoneywithPennies
      @MoneywithPennies 3 роки тому +1

      Wow, that sounds awesome. I should be so lucky if I could reach those numbers by your age. =)

    • @lamontedwards9293
      @lamontedwards9293 2 роки тому +1

      Teach me

  • @clarylizperalta9957
    @clarylizperalta9957 3 роки тому +106

    One day I will be financially independent and it is going to 100% thanks to Christina and Amon. THANK YOU!

    • @OurRichJourney
      @OurRichJourney  3 роки тому +13

      You are so sweet Claryliz!!! But, as much as we would love the credit (hehe!), we know you WILL become financially independent and it will be 100% because of YOU!!! Every day, you get closer to your goals! We love that we are on the journey with you. We know YOU CAN DO IT!!!!

    • @CactusJack252
      @CactusJack252 3 роки тому

      They give you the knowledge. It is you that has to put it to use.

  • @nathenhoang
    @nathenhoang 3 роки тому +127

    Amon & Christina have changed so many lives including my own and I just want go say THANK YOU! 🥰

    • @OurRichJourney
      @OurRichJourney  3 роки тому +11

      And we just have to say thank you for saying thank you!!! :) That is so kind of you!!!❤️

  • @barbarapierrelouis903
    @barbarapierrelouis903 3 роки тому +50

    Patiently waiting to meet me a respectful man that enjoys financial literacy. You two are the perfect team! Thank you for all the knowledge.

  • @emwatson605
    @emwatson605 3 роки тому +140

    I opened a Roth IRA for my 14 year old. My hope is she creates her own trust fund and becomes FIWO- Financial Independence Work Optional. Explaining retirement to a teenager is kind of futile. Explaining a work optional choice got her attention.😂 Thank you for inspiring me to do better for myself and my daughter.

    • @OurRichJourney
      @OurRichJourney  3 роки тому +31

      EM - I LOVE the way you changed your approach!!! Most teens have no interest in retiring . . especially if they have never started working!!! Work optional is such a good way to frame it!!!

    • @nikkid6395
      @nikkid6395 3 роки тому +7

      Awesome! We opened my 16 year old a Roth at the end of 2020. Best for you and your dtr. Hubby and I are working on FI and paying off debt at the same time right now. 🥵. Coming along great with all of this education!

    • @vc6036
      @vc6036 3 роки тому

      Did you open the ROTH IRA for your daughter because she has employment? I'd love to do the same for mine.

    • @stephaniejsmes8991
      @stephaniejsmes8991 3 роки тому +4

      I like this ! Great way to explain it to a teen.

    • @RyeLady99
      @RyeLady99 3 роки тому +4

      I love this! FIWO

  • @moneybee
    @moneybee 3 роки тому +88

    Everyone has to start somewhere! And no matter *what* or how much it starts with, time is such a factor so *WHEN* you start matters so much too! The best time to plant a tree was 50 years ago, the second best time is right now! Great video guys!
    FIRE all the way! 😊 🔥

    • @OurRichJourney
      @OurRichJourney  3 роки тому +4

      Perfectly said!!! Right now is the time!!! :) Thanks for watching!

    • @ModestMillennial
      @ModestMillennial 3 роки тому +4

      @Moneybee: absolutely agree.. starting today is the key.. alot of my friends are like ohhh i am busy with this and that so i will start investing later, but they don't realize time is their best friend with investing and specially if you are investing in index funds it does not need alot of your time to manage.

  • @JonathanSilva-ib1hq
    @JonathanSilva-ib1hq 3 роки тому +3

    When I first started my investment journey I made the mistake of actually investing in single stocks I believed were great and realizing that for a whole year I never made any profit. Then I switched to low cost index funds and my returns got much better and effective without much of the volatility or possibly huge negative swings of single stocks. I learned that I shouldn’t put all my money into single stocks unless I was a professional and willing to do my homework on that particular investment. To that I add if I can also afford to lose half of its value when it happened, which I couldn’t. You guys are doing great in financial education, thank you! Please keep educating🙂👍

  • @alfiemukulu6275
    @alfiemukulu6275 15 днів тому

    Financial Independence is my Goal, thanks for your insights.

  • @timothyjohn9412
    @timothyjohn9412 3 роки тому +22

    This is my favorite channel on YT. Blessings to you both.

  • @bonitahill5239
    @bonitahill5239 3 роки тому +17

    Just completed sending this vid to everyone that told me they don’t have any money to invest 😊.... Yes you do 🤓... Honestly you can’t hear this information enough now... So important..... What a wealth of information ! ! 👍 You two are the best!!!.... See you both next Sunday ...

    • @OurRichJourney
      @OurRichJourney  3 роки тому +2

      Bonita - you are just THE BEST! Thank you for sending to everyone!!! See you next Sunday!

  • @chinyereapakama298
    @chinyereapakama298 Рік тому +1

    Thanks for your candour and breaking principles into steps. It's always a joy watching couples finish each other's sentences. May you both be greatly blessed.😊😊😊

  • @pb9401
    @pb9401 3 роки тому +16

    I love this channel! I have always wanted to invest but I was scared and I don’t have much money. I watched your show and took the plunge. I have been buying fractional shares for a year and I’m not turning back! Thank you for educating me and giving me the courage to try something new!!

  • @eidimaralmeida6463
    @eidimaralmeida6463 3 роки тому +4

    I started watching your videos last year and that's helping me to improve my english, and the same time helping me to achive my financial freedom.
    From São Paulo Brasil 🇧🇷

  • @jehvaughnigrant684
    @jehvaughnigrant684 3 роки тому +4

    You guys are the best ever. I have been watching this channel nice August of 2021 and I am just filled with knowledge. I am 18 years old and a senior rn and I am blessed to recieve all the information u give for FREE. Planning to retire in my 30s but still work to serve the world at a good cause and you guys are such inspiration to me and I'm pretty sure to many other. God bless you guys and your wonderful family 💖💖

  • @doranlopez2998
    @doranlopez2998 3 роки тому +9

    Every time I watch 1 of your videos, I want to start right away. However, trying to finish paying off debt and then save up 6 months of expenses...then I can finally start investing beyond my employer matched retirement. It’s taking so much restraint and patience I don’t have not to jump in head 1st!!

    • @OurRichJourney
      @OurRichJourney  3 роки тому +1

      I love that you are staying focused on your debt Doran (and that you are also getting that employer match)!!! You can do it! AND once you pay off your debt, you'll have so much more money (and continued discipline) to begin throwing your money into your investments!!!

  • @SLICKW1993
    @SLICKW1993 3 роки тому +6

    I love your videos, no hype, flash or get rich quick nonsense. Anyone can do this, thank you 🙏

  • @1Phedre
    @1Phedre 3 роки тому +14

    Let's do it! Invest smartly toward FIRE! The Browning family is the inspiration!

  • @janeynget3059
    @janeynget3059 2 роки тому

    Amon & Christina, I am so proud of people like you who have found financial freedom at such a young age. I’m in my 50s and is still looking and searching for ways to get there. Many blessings to you both 🙏💕

  • @Queen-qf2bn
    @Queen-qf2bn 3 роки тому

    My dad was called Amon he was very wise too and he loved to invest. I think its a gift. You guys r doing well.

  • @withwilk7473
    @withwilk7473 3 роки тому +6

    Also, you can start with say 25$ per month. And then as you realise it works and you're making money with these assets, like index funds for example, you'll be surprised how you'll be able to cut back certain costs in life to invest more. I started with £50 per month from my paycheck for the first year or so, then I changed a few things around and pushed it up to £150 per month. It becomes kind of an addiction, once you realise that cash in the bank is wasting money, you'll want most of your cash invested into something that creates more money.

  • @salmaabdulmajeed9888
    @salmaabdulmajeed9888 3 роки тому +16

    Bless you both for educating and I feel like getting stronger every time watch your content.

    • @OurRichJourney
      @OurRichJourney  3 роки тому

      Aww, you are so sweet Salma! Thank you so much!!!❤️

  • @JuanAldape
    @JuanAldape 3 роки тому +10

    The content is not only great but the way you teach it is amazing! You are fabulous educators! Been an avid follower since September of last year. I wonder if you can also mention in another video that there are ~3,600 companies on the stock market. This helped me realize the market was not as big I imagined it to be. It helped me feel less overwhelmed. Looking forward to next week!

  • @danelledautrievesanford
    @danelledautrievesanford 3 роки тому +23

    I've been in an investment club for years. We have a brokerage partnership portfolio and research the stocks we buy. The primary mission is education. It can get frustrating because some folks don't take research seriously 🤣😭🤦🏿‍♀️.

    • @OurRichJourney
      @OurRichJourney  3 роки тому +7

      Such a great point Danelle - researching and understanding your investments are very important!

    • @idiocracyishere4531
      @idiocracyishere4531 3 роки тому +2

      Research isn’t necessary if you invest in index funds such as vtsax

  • @ccccccchhhhhh808
    @ccccccchhhhhh808 3 роки тому +42

    I'm so ready to hit the ground running with this FIRE journey!

    • @OurRichJourney
      @OurRichJourney  3 роки тому +5

      Yes, yes, and YES!!!! Hit the ground running Chelsea!!!

    • @MoneywithPennies
      @MoneywithPennies 3 роки тому +2

      Yes, life is too short to spend on a traditional worklife, no one will thank you for wasting your life on work.

  • @daniel.woodcock
    @daniel.woodcock 3 роки тому +4

    Been following you guys for a while now, you have been a catalyst in my financial journey, inspiring me to take action.
    Starting investing always seemed like a terrifying step for me after hearing about how dangerous the stock market it for my whole life.
    I'm glad I took the leap and I'm not on my way to Financial Independence :)

  • @karenhurtado604
    @karenhurtado604 3 роки тому +1

    You are not just an inspiration, you are my guidebook! I’m in my early 50s, hoping to get started ASAP. Who knows I just might learn Portuguese and move to Portugal! Thank you and blessings to you and your girls!💕

  • @Milly_Milz
    @Milly_Milz Рік тому

    Thank you so much for all your helpful videos!

  • @tiagotorressilva
    @tiagotorressilva 3 роки тому +8

    As a Portuguese just moving back to Portugal your channel as been a great help! If you could do a video on your knowledge investing for Portuguese or Europeans in portugal would be a great help!

    • @OurRichJourney
      @OurRichJourney  3 роки тому +3

      Thank you for the video suggestion Tiago!!!

  • @nazcarcup
    @nazcarcup 3 роки тому +5

    Great video.
    We don't work for money.
    We let the money work for us.

  • @manofculture8026
    @manofculture8026 3 роки тому +1

    I read an article about you guys last year. I'm 18 right now, and ready to 🔥. Thanks for using your time to educate others.

  • @maxineoliver7404
    @maxineoliver7404 3 роки тому +6

    I would definitely have to start small with $25.00 with small bite sizes. Thanks for sharing!💲💚

  • @crazyninja22656
    @crazyninja22656 3 роки тому +2

    I have a fidelity account. Love it.

  • @judithbuchanan9566
    @judithbuchanan9566 3 роки тому +23

    Hi Amon & Christina 🙋🏽‍♀️
    Was waiting all week for my dose of Sunday wisdom 🙌🏽. Big Congratulations on 25 million views🎉🎊. That is such a testament of how valuable your content is to us viewers👏🏽👏🏽. You have no idea how much I appreciate all you do to educate us. Have a beautiful week & see you next Sunday 🤗.

    • @OurRichJourney
      @OurRichJourney  3 роки тому +2

      Wow - Thank you for always sharing such positivity Judith!!! See you next Sunday!!!

  • @theluckyace9012
    @theluckyace9012 3 роки тому

    Started investing through my parents, I’m 16 years old and graduating on the 7th of June. Just got a job and starting today (May 25, 2021), making minimum wage (15 an hour). Already have $5421 in my account, through a lot of yard work. Making about $451 a year (JEPI).

  • @RobinTaylorMusic
    @RobinTaylorMusic 2 роки тому +1

    I max out my Roth IRA and HSA every year but also started adding more to my regular brokerage account lately so I can start saving for the down payment on a house (and get a better return on my money while saving). Thanks for sharing these videos!

    • @juniorjeune9885
      @juniorjeune9885 Рік тому

      After you max your these account, what should do next?

  • @BalarajMenon
    @BalarajMenon 2 роки тому

    Thank you, thank you, thank you! I've been trying to get my son interested in investing, and your videos seem to be helping :)!

  • @thejourneytofi2621
    @thejourneytofi2621 3 роки тому +6

    Yes! Just getting started is the most important part. Great video!

    • @OurRichJourney
      @OurRichJourney  3 роки тому +2

      Yes - getting started can be a big step for people. But, the sooner someone can get started, the better!

  • @MyWillbot
    @MyWillbot 3 роки тому +9

    I just sent this link to one of my best friends who is starting to get interested in investing. Thanks for such an easy to understand and topical video.

    • @OurRichJourney
      @OurRichJourney  3 роки тому +1

      Awesome, thank you so much for sharing!!!

    • @vc6036
      @vc6036 3 роки тому

      I love all their videos. They are all easy to understand and very informative.

  • @elizabethreynolds6874
    @elizabethreynolds6874 3 роки тому +1

    So grateful to you both for helping me and others like me who are new to investing to understand and make it so accessible and to inspire us to join the journey. You do a great job of conveying the information! ✨🙏✨💓

  • @laitatiere6316
    @laitatiere6316 3 роки тому

    I can watch this sit down talk video from start to end without getting distracted or changing videos. So informative and very helpful 🙌

  • @smartcookiefinance
    @smartcookiefinance 3 роки тому +1

    Great point! Beginners should not begin with individual stocks but for some reason always do lol (myself included) but ETFs/index funds are definitely the way to go!

  • @walljoy
    @walljoy Рік тому

    Wonderful advice. Thank you so very much!

  • @Sunny_Cyclonius
    @Sunny_Cyclonius 3 роки тому +1

    Gratitude.

  • @marcusmccullough189
    @marcusmccullough189 3 роки тому +1

    Me and my son just got done watching this.. 👑👑👑

  • @cameronword
    @cameronword 3 роки тому +1

    Such great information! It's so important that people know that it doesn't take a lot of money to get started. I found out later than I'd wish, but now I let everyone I know how easy it is to start investing these days.

  • @YaBetterCallBabu07
    @YaBetterCallBabu07 3 роки тому +3

    Please consider e a video on your thoughts of leverage (whether it'd be margin, options, 2-3x etfs). I think so many new beginner retail investors are doing it. In my opinion, it may be in their best interest to either not to leverage in a high market, or at least be educated on how much they should leverage based on history/stats. I personally leverage more in a low market, and less in a high.

  • @RetailWithDanelle
    @RetailWithDanelle 3 роки тому +19

    I left a job and was hesitant to put all the money in stock. I bought some corporate bonds* that paid interest rates ranging from 4-10%. I used the interest to leverage a career change. The clinic I was working at was about to close and I was most likely going to be transferred to a very toxic work environment. Better to leave than be escorted. Now I'm using the interest toward retirement.

    • @OurRichJourney
      @OurRichJourney  3 роки тому +4

      I LOVE what you did! Having a plan, implementing it with investing, and then leverage your investments into something ideal! You took action! Definitely better to leave than to be escorted! :)

    • @ModestMillennial
      @ModestMillennial 3 роки тому +5

      @Avon online: i am so happy for you to take that big step and not to be dragged to a toxic environment, that only comes if you have some financial security so its very important to save and invest and when times like this arise one can do what you did 😊

    • @RetailWithDanelle
      @RetailWithDanelle 3 роки тому

      @@ModestMillennial Truth

  • @truenorth2977
    @truenorth2977 3 роки тому +1

    Thanks so much. I want to get started on investing and I need a 101 class.

  • @josephchristopherlewis6020
    @josephchristopherlewis6020 3 роки тому +3

    Amon & Christina, you're the bomb !!!!❤

  • @OurRichJourney
    @OurRichJourney  3 роки тому +41

    📈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

    • @ladydayrosettamae3745
      @ladydayrosettamae3745 3 роки тому

      Has anyone done drop shipping as a side hustle? Please let me know if it works

    • @jeanp.5929
      @jeanp.5929 3 роки тому +4

      that new 43% capital gains tax will ruin anyone's dream of being rich. Always go for the tax advantaged account first.

    • @MsClever26
      @MsClever26 3 роки тому

      Any tips for non US citizens/residents. Are there these types of accounts in the Caribbean?

    • @hilaryjoseph9706
      @hilaryjoseph9706 3 роки тому

      @@MsClever26 I am here for that answer too...

    • @irene27206
      @irene27206 3 роки тому

      Is the master class a list of videos or you interact with the people?

  • @lashawn369
    @lashawn369 3 роки тому

    Checking in from the DMV.

  • @vc6036
    @vc6036 3 роки тому +1

    Thank you for the important information on investing and encouragement to invest even when it is just a small amount to start. I think that is very important to know. I also appreciate you adding the links to the other videos. Blessings to you and the girls!

  • @ronniematrix89
    @ronniematrix89 3 роки тому +4

    Great Investing info and insights. Alot of folks are mistaken in thinking that you need a lot of money to invest, this upload should be very helpful to them.

  • @ClearComplexionSkincareStudio
    @ClearComplexionSkincareStudio 2 роки тому

    This is binge worthy content! However, I’m choosing apply as I learn 💝

  • @1ushanri
    @1ushanri 3 роки тому

    Hi Christina and Amon, I watched most of your videos and able to get a lot of financial literacy, but this video is like a beginner's video for an audience like me. would learn more from you guys in a continuous manner.

  • @YadaNcam
    @YadaNcam 3 роки тому

    I appreciate this video. I open a Roth ira and utma months ago and haven’t done anything. I was lost for while! This video help. Thank you!! ❤️

  • @derrickallen1327
    @derrickallen1327 3 роки тому

    Informative and necessary. The information is timely and helpful.

  • @DMS1985
    @DMS1985 3 роки тому +2

    You always say you quit your federal job! I was wondering how much you were making and what were your benefits! That’s the most important factor to start!

  • @angis4965
    @angis4965 3 роки тому +1

    What if I have school debt. Which should I do first? Pay off debt to save more in the future? Or pay off debt and invest at the same time? Thanks!

  • @MoneywithPennies
    @MoneywithPennies 3 роки тому +1

    *Never too late and never too little money to invest. Find a good index fund and get started.*

  • @Patricia-pq9xw
    @Patricia-pq9xw 3 роки тому +1

    Hello, I watch your videos all the time, but I´m not a US citizen or live in the US so could you do a video in the opening an account such as Vanguard or Fidelity for people like me? Thanks :)

  • @SagiFireSirena
    @SagiFireSirena 2 роки тому +1

    Should I be concerned about the stock market because of the economy now? I’m brand new to this. I have a 401k, 457 and retirement through my gov’t job. I have two college kids too 👀

  • @jennyjover9464
    @jennyjover9464 2 роки тому

    Thank you for sharing your knowledge

  • @gfunkbrown746
    @gfunkbrown746 3 роки тому

    Best investment video I seen period. They made it easy to understand and provided different companies to invest with. Thanks for the information.

  • @perah1016
    @perah1016 3 роки тому +2

    Can you do a video on a step by step tutorial on how to invest in fractional shares if you haven’t already. I’m new to your page

  • @nikkid6395
    @nikkid6395 3 роки тому +2

    Always a pleasure learning with you guys!

  • @deliacox4893
    @deliacox4893 3 роки тому

    My favorite UA-cam Channel!

  • @vuyisekahobe9124
    @vuyisekahobe9124 3 роки тому +1

    Hi team, I am one of your South African subscriber. I want to know if South Africans can open these account?

  • @venkusrivats
    @venkusrivats 3 роки тому

    Thankyou Amon and Christina.. you guys are awesome!

  • @FalconWing1813
    @FalconWing1813 3 роки тому +1

    Thanks for sharing this, I was wondering if you had a video that covers what to do once you do retire? what is the best way to make use of all the money you saved? Do you just pull it all out? Thanks again!

  • @waldoa4760
    @waldoa4760 3 роки тому +6

    Thank you for what you guys do!

    • @OurRichJourney
      @OurRichJourney  3 роки тому

      Thank YOU Waldo - for watching and commenting!!!

  • @Stopit77
    @Stopit77 3 роки тому

    Thank you for this information and making it clear to those of us who know nothing about this topic…much appreciated!

  • @karolkinney
    @karolkinney 2 роки тому

    I am signing up for your program and looking forward to learning but my question to you is; Do you address the needs of us older people? I have recently come into money, have already retired and am looking for education that is relevant to now....specific to this older age range. I am curious as to strategies that might be more relevant to me. Thank you for the opportunity to learn!

  • @ChrisTovahsAmazingAdventures
    @ChrisTovahsAmazingAdventures 3 роки тому

    It is crazy to think how far just $25 can go. People think we are crazy for being frugal and saving a little extra money here and there on not dinning out often, having older cell phones and old (paid for vehicles)....but we have invested wisely. We travel 2-3 times a year on some epic, bucket list travels and are set to retire in 17 months (at age 45). We are moving to Nicaragua and plan to enjoy the sun, sand, surf, yoga and plenty of travel.

  • @trendytips8836
    @trendytips8836 2 роки тому +1

    Can we start trading in Lisbon?

  • @frapi5018
    @frapi5018 3 роки тому +1

    Wonderful. As always. Thank you.

  • @vegmom2three932
    @vegmom2three932 3 роки тому

    Thank you for explaining this important information in such an easy to understand way.

  • @unknownt5391
    @unknownt5391 3 роки тому +10

    My first year investing I made the exact mistake you mentioned. I opened an account and made automatic deposits of $500 a month. What i didn't understand was that i needed to select funds to buy. I just thought the default federal money market account was what i was buying. So for a whole year i thought i was doing well until i asked a friend to check my portfolio. Hahahaha after that i started reading and watching videos to understand more. Such a costly mistake 🤦‍♂️

    • @KimKim_eats
      @KimKim_eats 3 роки тому +1

      If you don't mind me asking what funds you end up buying

  • @happinesswatts
    @happinesswatts 3 роки тому

    Now I must just find a day I won’t be disturb to watch your videos. I like fact that you guys are upfront other prize for the course unlike youtubers making you listen won’t even tell you u till last minute.omly $1800 $1000
    Not everyone has that
    Money lying around. But I am working on having it thou

  • @cyajace1505
    @cyajace1505 3 роки тому

    You guys are the best. Thanks you guys. Love your energy.

  • @jordanbergman1387
    @jordanbergman1387 3 роки тому +1

    I-Bonds (Inflation Bonds) are currently paying out a 3.54% annual yield. As inflation continues to rise it could continue to be a good form of setting aside cash reserves that you don't need access to. While this return is clearly not as lucrative as the stock market when it performs well, it is a very strong return relative to money market or other "safe" investments out there.

  • @vickieng4260
    @vickieng4260 3 роки тому +2

    I watched you guys on Netflix yeah . Thank you for your sharing 🥰🥰🥰

  • @robyn3976
    @robyn3976 3 роки тому +2

    I really appreciate you guys. Thanks for sharing the knowledge.

  • @aljr3438
    @aljr3438 3 роки тому +2

    Thanks for always sharing. Look forward to all your videos. You guys are the best ❤️🙏🏼🙏🏼🙏🏼

  • @jessicaosei
    @jessicaosei 3 роки тому +5

    Hi Amon & Christina! I’m in the early stages of my FIRE journey and am also interested in moving/retiring abroad in Europe. I was wondering if you have insight (or could make a video) on how to take currency exchange rates into consideration when investing for FIRE. For example, I earn income and invest in USD. The USD / Euro exchange rate has varied widely over the past few decades, with the dollar being weaker for much of that time. How do we factor this variability into calculating our FIRE number? What other ways can we reduce vulnerability to fluctuating currencies once we’ve FIRE’d? I assume being able to buy your house outright (like you’ve done) eliminates a potentially large recurring expense of a mortgage or rent payment. Are there any other tips to ensure our investments will last through currency fluctuations in retirement?
    Thanks for all you do! Your videos have been incredibly helpful, encouraging, and inspiring to me on my journey. Any insight or resources you have are greatly appreciated!

    • @OurRichJourney
      @OurRichJourney  3 роки тому

      Thanks Jessica! We don't have a video on that, but thank you for the video suggestion!

  • @maxinenorajennings929
    @maxinenorajennings929 2 роки тому

    Thank you thank you thank you y'all are good at what you do... Yeah pacifically pacifically tell you what to do and what not to do and you explain it very well... I thank you so much for helping me understand exactly what you said

  • @mmarquis6722
    @mmarquis6722 3 роки тому +3

    Thank you for continuing to educate and share!! God bless!

    • @OurRichJourney
      @OurRichJourney  3 роки тому +1

      Aww, thank you so much! Hope you're having a great Sunday!!! :)

  • @tobirates916
    @tobirates916 3 роки тому +3

    Thank you! I always learn something new, even from a “101” video.

    • @OurRichJourney
      @OurRichJourney  3 роки тому

      Tobi - Thanks for the previous comment clarification on contributions versus earning for the Roth IRA! Links are removed from our page, so your original comment isn't there, but I added your name in my response! Feel free to shoot another message under that comment! :)

  • @zhannakryukova8676
    @zhannakryukova8676 3 роки тому

    Guys! I do like you and your topic, but....PLEASE, in more simple very small steps - what and how to do for very beginners!!! All the best! Thank you for helping!!! By the way, we are about to move from Canada to Madeira!!! Thank you for inspiring us!!!

  • @FrenchFifi65
    @FrenchFifi65 3 роки тому +1

    Does it make sense to invest both in Vanguard Index Funds and Fidelity Index Funds or are you just duplicating the effort across two companies?

  • @robster7012
    @robster7012 3 роки тому

    Please can you recommend a good resource for non US citizens to learn to invest in the stock market? And did you consider trading on the Forex as part of your retirement plan?
    Thanks much appreciated 🙏🏻

  • @1ushanri
    @1ushanri 3 роки тому

    Hi Christina and Amon, For a long-term brokerage account, Should we invest in QUALITY Dividend Stocks, Dividend ETF's or the S&P 500?

  • @albertinogomes94
    @albertinogomes94 2 роки тому

    Thank you so much for sharing this great information. I have a ROTH IRA but I want to start on a Total Stock Market Index Fund. Where is a good place to start? Also, my wife and I have been following your videos on “How to Move To Portugal” and liked all of them. Our plan is to move there next year with our sons when I retire from the military. We fell in love with Portugal while stationed at the US EMB Lisbon (2008-2011). Again, thank you and Happy Holidays.

  • @idiocracyishere4531
    @idiocracyishere4531 3 роки тому

    Arman and Christina, are you getting a foreign earned income tax deduction? What about tax planning for you deferred tax accounts? How do you pay less taxes than you would normally when you withdraw from 401k or IRA?

  • @MrMosley16
    @MrMosley16 3 роки тому

    I love everything about your channel, the information is incredible thanks for giving back free knowledge of financial growth!

  • @shaunaevans
    @shaunaevans 3 роки тому

    Thanks to the both of you for sharing this video, thanks for the information.

  • @imma_cat
    @imma_cat 3 роки тому +6

    Question: I’m currently investing in VTSAX in a taxable brokerage account. I want to also invest in REITs but I heard on a podcast that it’s better to invest in REITs from a tax advantaged account because REITs are taxed differently. Which account are your REITs in?

    • @curlymami
      @curlymami 3 роки тому +2

      This is a great question, I would also like to know

    • @mastermindm4575
      @mastermindm4575 3 роки тому

      Put your REITs in a taxed advantage account so that you won’t get taxed high.

  • @damonreeves
    @damonreeves 3 роки тому +2

    Priceless 99 Knowledge from Two of the Best on UA-cam.. Stay Safe Brothers and Sisters Keep Informed and Stack That Paper. ✌🏽❤️ So Cal

    • @OurRichJourney
      @OurRichJourney  3 роки тому

      Aww, thank you so much Damon!!!!✌🏽❤️