How I Retired Early With $3 Million At 36 In San Diego | Fired Up
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- เผยแพร่เมื่อ 12 ต.ค. 2022
- Jeremy Schneider, 41, lives in San Diego and achieved FIRE - financial independence, retire early - at 36. In 2015, he sold his Internet company RentLinx for just over $5 million. In 2017, he retired from corporate work with about $3 million. Schneider traveled and played video games in that first year of early retirement. Then in 2019, he started Personal Finance Club, which teaches people learn to save and invest money. Since launching, the company has made nearly $1 million in sales.
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How I Retired Early With $3 Million At 36 In San Diego | Fired Up
The concept of mini-retirement changed my life. I'm no longer waiting for some retirement paradise when I'm 65. It helps to know how to fund the lifestyle. You know, making money while you sip that piña colada by the beach does help. I wouldn't have been able to do it otherwise.
Yeah, people miss that part. You don't jet out to Puerto Rico with your life savings. Proper investing and a good business acumen are big pluses. Invest in the stock market, real estate, build businesses. That's just it.
Safe to say not everybody has the skill to pursue investing. But it's always easy to follow the advice of someone who knows how to i.e a financial advisor. You could anywhere between 10--40k with the right ones. Online businesses are a good bet too if you are savvy.
I think most people want to try out a financial advisor, but the amount of information on the internet is overwhelming. Could recommend any good one(s)?
Overwhelming indeed. Maybe check out Sharon Lynne Hart. She's got a contact website. She's excellent and I work with her currently. I worked with one Kelvin in the long past. You could look him up too.
Yes, it feels overwhelming when you are starting out, but with time you'll find your foot. I personally suggest sticking with one who understands your goals. I'll recommend *Sharon Lynne Hart* because I work with her and you could check her website out, but I'm sure there are other good ones, too.
Most Americans find it hard to retire comfortably amid economy downtrend. Some have close to nothing going into retirement, my question is, will you pay off mortgage as a near-retiree, or spread money for cashflow, to afford lifestyle after retirement?
As most investing-related questions, the answer is, it depends.. my best suggestion is to consider advisory management
Agreed, the role of advisors can only be overlooked, but not denied. I remember in early 2020, during covid-outbreak, my portfolio worth around 300k took a slight fall, apparently due to the pandemic crash, at once I consulted an advisor in order to avoid panic-selling. As of today, my account has yielded big fat yields, and leverages on 7-figure, only cos I delegate my excesses right.
There are several independent advisors you could research. However, I have been working with ,Lisa Ann Moberly for almost four years, and we get along great. If she appeals to your judgement, you could continue with her. I support her.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
my family was born in south America they were born retired and have worked happily their whole lives.
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume
Salutations, dude. At your age, you're doing extremely well. I'm 54 years old, and right now my finances are a mess. Any helpful advice would be greatly appreciated in helping to mold my life. I want to buy a home of my own.
It seems like I used the FIRE movement to manage my finances. Investigate it further by doing some research. With the help of a financial professional, they were then successful when investing in stocks, cryptocurrencies, and real estate.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
Her name is “Vivian Carol Gioia” can't divulge much. Most likely, the internet should have her basic info, you can research if you like
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Thank you for posting! It's hard not to let negative thoughts takeover at times of financial turmoil. However, knowing that no matter what you're going through, there's always that opportunity to change your life for the better and completely turn it around. I firmly believe it can be done with the right mindset.
Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge I started investing before the pandemic and pulled in a profit of approximately $950k that same year. In reality, all I was doing was getting professional advice.
@@neilpatrick-xj9yr impressive gains! how can I get your advisor please, if you don’t mind me asking? I could really use a help as of now thank you
@@thomasverso-xz6mw There are a lot of independent advisors you might look into. But i work with LINDA A STEINER and I have been working together for nearly four years, and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her.. just look her up
According to the New York Times, the average savings of a couple reaching retirement is $110k I’m closing in on my retirement and I’m under pressure to grow my reserve of $330k, despite the fact the capital gains you can make on growth stocks far outweigh dividend yields, and even in downtrends folks still pull off 6-7figures gains in months. surely the risk is much greater, but I’d love to know how.
So long all risks are calculated and systems are put in the place, you'd surely rake it in
There're tons of avenues to capitalize on in a downtrend to make substantial gains, but these opportunities and trades are successfully carried out by pros.
Totally, my holdings were down a lot and I sold at a loss majority of the time, which prompted me seek the service of a coach I found-featured on Bloomberg, she hatched an adjustable system that aligned with my retirement plan and overall goals, it's been less than 2years and I've gained over $930K.
That’s pretty tight, thing is I hold good companies but profit has been slow, I should be fixing to retire in 3years so I need all the help I can get, who is the pro that guides you?
My advisor is Julie Christine Rush, a simple search with her name will suffice.
The thought of retirement makes me cry. My apologies to everyone who have retired and filing social security during this time after putting in all those years of work just to lose everything to a problem you weren't to blame for.it's especially difficult for people who are retired.
True, It has never been easier to understand how to build your money after retirement than it is right now with the inflation, when you may study and experience a completely variegated market passively by employing a successful portfolio-advisor. The impacts of the U.S. dollar's gain or fall on investments, in my opinion, are complex.
@@TomD226 Even if you’re not skilled, it is still possible to hire one. I was a project manager and my personal portfolio of approximately $850k of my retirement pension took a big hit in April due to the crash. I quickly got in touch with a financial-planner that devised a defensive strategy to protect and profit from my portfolio this red season. I’ve made over $250k since then.
@@lowcostfresh2266 I’m in dire need of guidance so i can salvage my portfolio due to the massive dips and come up with better strategies. How can I reach this advisor?
@@leojack9090 Laurel Dell Sroufe is my adviser and she is highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
I like how the dude cannot stop making money. Like he just "accidentially" makes good money with whatever he does. What a lad
Honestly wealth is like a snowball - once you make it you will get tons of new opportunities, not to mention the interest payments.
I would also say that some people just have that innate street smart and everything they touch becomes successful while some people fail over and over again at businesses. Life is tough, but at least watching this guy's success is inspiring.
He’s smart. It really is that simple. You knew he was smart when he casually said he got an offer at Microsoft in 2004. That’s when Microsoft was the hottest tech firm in the world.
Only if I had more time to play around in the market, retirement is around the corner and my primary concern is how to grow my reserve of $300k which has been sitting duck since forever with zero to no gains, I'm having serious anxiety.
I reckon you get in touch with a portfolio-coach, someone who’s been active before the 08' crash and other similar crashes, that gotta be your best bet in order to profit and stay afloat this recession.
I agree, I have been pretty much on the sideline observing for awhile, figuring out the best strategy to get in, until I came by a coach, commended by a pundit on Reddit, reluctant at first but I went ahead and reached the coach, long story short, it's over 3years and counting and I've made over 1.5million simply following the guidance of my coach.
@@joesphcu8975 That does make a lot of sense, good for you though, unlike us, you seem to have the Market figured out.
@@stephaniestella213 My advisor is "INGRID CECILIA RAAD". In terms of portfolio diversity, she's a genius. You can look her name up on the internet and verify her yourself. she has years of financial market experience.
Head to Vegas and put it all on black.
Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.
Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality stocks have underperformed the S&P500 this year, My $200k portfolio is down by approximately 20 %, any recommendations to scale up my returns on investment
Nobody knows anything You need to create your own process, manage risk and stick to the plan, through thick or thin While also continuously learning from mistakes and improving.
@Zahair O'Brian Do you mind sharing info on the adviser who assisted you? I'm 39 now and would love to grow my stock portfolio and plan my retirement
@Zahair O'Brian I just Googled her name and her website came up right away. It looks interesting so far. I'm going to book a call with her and let you know how it goes.Thanks
@@kimyoung8414 Thats called fast moving consumer goods, thats all about it.
Only if I had more time to fool about in the market. Retirement is quickly approaching, and my first priority is to increase the value of my $300,000 contingency fund, which has been sitting dormant for eons with little to no returns. Sure, I realize that the risks associated with short-term gains are considerably higher, but with careful management, one may earn a fortune.
The average joe may be able to make a profit in the present market, but such transactions are typically rapid, complicated, and tiresome. Since coaches and portfolio-advisors have more expertise navigating the market, you're better off working with one.
@@bellaunderwood6574 I had to look for a portfolio adviser to redesign my strategies because it had become much more difficult to navigate beyond 2020. It has now been more than two years since I started utilizing my advisor's methods, and I have increased a $250K account to $800K during that period.
@@samanthaesteraherrera4847 Who is this person directing you, exactly? I am in desperate need of a portfolio makeover with a safe haven diversification focus because I lost over $9,000 only last week, and this week alone the market broke a three-week loss.
@@daanishbridges4304 Great info
Is there anything like proof recession stock? I am 58 years and would like help in managing my retirement portfolio which is currently $1.25M...down from a high of $1.67M….
It's a delicate season now, so you can do little or nothing on your own. Hence I will suggest you get yourself a professional that can provide you with entry and exit points on the securities you focus on.
Very true! I've been able to scale from $350K to $650K this red season because my FA figured out Defensive strategies to protect my portfolio and profit from this roller coaster market.
@@Stanleytucci819 Can you provide me the name of this coach? I've been researching advisers because I really need some guidance.
@@Stanleytucci819 Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
Its been a great year for stocks since your wrote this comment. I guess You must have recovered everything and may have some more now if you didnt sale any of your stocks
People are working and there is little or nothing to show for it. everybody is basically working to sort out one bill or the other. no savings.
With inflation running at a four-decade high, a Recession is now the ‘most likely outcome for the economy. How can I grow my portfolio to outpace inflation and maintain a successful long-term strategy? I have been reading of investors making about $250k profit in this current crashing market, and I need ideas on how to achieve similar profits.
You’re right! The current market might give opportunities to maximize profit, but in order to execute such effective transactions, you must be a skilled practitioner.
@simon fes That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well.
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
People don't realize the difference between the rich and poor is Poor people spend then save. Rich people save then spend.
If you cut out just 10% of your income before it comes to expenses you will adapt to live off the remaining 90%.
Hypothetically, making $10/h you could save $2k a year. Throw it in an s&p 500 for 40 years you'd have $500k - just from setting aside 10% of your income BEFORE you started spending.
Obviously there are ways to make far more than 500k and retire early, but this is just an example of how you could have decent savings without having to get complicated.
Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals. you have to contend with inflation, recession, decisions from the Feds and all. I was able to increase my portfolio by $289k in months. You have to seek for help in the right places.
I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value
This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant by name CHRISTINE JANE MCLEAN and everything changed. In in the first quarter of this year i made $370k and counting.
@@duane_29 Hello there, please how do i find the lady you just mentioned?
@@HarrietBemish Most likely, you can run a google search on her name and find her basic information online; you are welcome to do further study.
@@duane_29 I looked CHRISTINE up out of curiosity and she seem pretty proficient, thanks for sharing
Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!
Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life beause I invested early ahead this time .
We must consider safer investments with promising returns in order to plan for the future. If you approach investing with a five-year perspective and simply DCA whenever you receive a check. Under the direction of my investment advisor, "Deborah Jean Dykstra", whose expertise in portfolio diversification is unsurpassed and client-focused, my portfolio has gained almost $643k since January 2022.
@@instinctively_awesome8283 I did check her out, I see why you said she's probably booked up, her creds/resumé is topnotch. I booked a consultation with her regardless.
Achieving success hinges on the proactive actions and steps you undertake to reach your goals. The process of building wealth necessitates cultivating positive habits, such as consistently allocating funds at regular intervals towards robust investment opportunities. Financial management, despite its critical importance, often becomes a topic avoided by many, eventually causing difficulties down the road. My sincere hope is that anyone who comes across this message is able to find success and fulfillment in life's endeavors!
Starting early is simply the best way of getting ahead to build wealth, investing remains a priority. I learned from my last year's experience, I am able to build a suitable life because I invested early ahead this time.
Exactly. That's my major concern and what kind of investment can someone make with the current worsening economic situation.
I've been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
Thanks for sharing, I just looked her up on the web, and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
spam
investing requires good experience and knowledge to carry out a good and successful trade, I have lost a lot trying to trade all by myself May I ask which investments are good?>>>>
I understand your concerns, my friend. I recommend exploring passive index fund investing and expanding your knowledge in this area. Personally, I experienced both successes and challenges when initially seeking a reliable passive income>>>>
how do I get in touch with this consultant that assist??
STEPHANIE KOPP MEEKS, that's whom i work with look her>>>>>
Thanks for these recommendations>>>>
I’m closing in on my retirement and I’d like to move from Minnesota to a warmer climate, but the prices on homes are stupidly ridiculous and Mortgage prices has been skyrocketing on a roll(currently over 7%) do I just invest my spare cash into stock and wait for a housing crash or should I go ahead to buy a home anyways.
Indeed, the recent market downturn serves as evidence that a vast majority of individuals lacked a sufficient understanding of the underlying financial dynamics at play.
@@MIchaelGuzman737 Such market uncertainties are the reason why I don't base my market judgments and decisions on hearsay and rumors, I got the best of myself in 2020 and it made me hold a worthless position in the market, I had to revamp my entire portfolio with the help of an advisor, before i started to see significant results in my portfolio, i have been using the same advisor and i have climbed $850k in 2 years, either a bull or bear market, both make good profits, it all depends on where you are looking.
@@sommersalt88 true, we’re only just an information away from amassing wealth, I know alot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this coach that guides you help?
Do your due diligence and opt for one that has tactics to help your portfolio continue consistent and steady growth. "JILL MARIE CARROL" is accountable for the success of my portfolio, and I believe she has the qualifications and expertise to accomplish your objectives.
@@sommersalt88 I just Googled her name and her website came up right away. It looks interesting so far. I'm going to book a call with her and let you know how it goes. Thanks
He is definitely an outlier that’s for sure! Kudos for his success!
yikes if had sold a company for 2m in my 30s id probably have spent it all by now. So good thing I didnt!!!
50 now, and everything is paid for. Fortunately, I had a college economics teacher who taught me a lesson when I was 18 years old. That lesson was: you can't buy something else for every purchase you make. Having multiple sources of income is prudent, as is living within your means. I have a 13-year-old vehicle because it is all I need, I like it, and I can do whatever I want with it. My net worth is $4 million, and I can pay my bills without stress, but I don't live like I have that. I have no complaints.
Nobody knows anything you need to create your own process, manage risk and stick to the plan, through thick or thin while also continuously learning from mistakes and improving.
@@Harperrr.99 I agree, that's the more reason I prefer my day to day invt decisions being guided by a init-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using a init-coach for over 2years+ and I've netted over 2.8million.
@@kurttSchuster I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?
@@Mcllwain My personnel advisor is "NICOLE DESIREE SIMON" . In terms of portfolio diversity, she's a genius. You can look her name up on the internet and verify her yourself. she has years of financial market experience.
@@kurttSchuster I just Googled her name and her website came up right away. It looks interesting so far. I'm going to book a call with her and let you know how it goes. Thanks
Every family has that one person who will break the family's financial struggle, I hope you become the one 😊
@wilson Adams You're right, it's obvious a lot of people remain poor due to ignorance
I'm looking for something to venture into on a short term basis, I have about $6k sitting in my savings
Starting early is the best way to getting ahead of build wealth, investing remains the priority
Obviously trading in bitcoin is very volatile and risky to trade that's the reason most traders trade with a company
Now is the best time to purchase and invest in Bitcoin stop procrastinating
Jeremy is living my dream life.
Same
As directors of our farm business, my wife and I, aged 55 and 52, are starting our retirement savings journey, aiming to rely on rental income. I'd appreciate a live session to discuss online passive income strategies and achieving a comfortable retirement with a target goal of $3million.
Whether you're earning income through work or investments, the fundamental consideration remains the balance between income and expenses. Considering financial advisors for a strategy that aligns with your timing could be beneficial.
I fully agree. Retiring at 60 with around 1.2 million in non-retirement funds, my debt-free status contrasts with the seemingly modest growth in my retirement accounts over the past three years. Emphasizing the crucial role of an investment advisor, thorough research is essential to find a trustworthy professional.
Impressive! Could you share details about your financial advisor? I'm looking to improve my finances and exploring options would be valuable.
I collaborate with a specialist, *SHARON LOUISE COUNT* whom I discovered in a CNBC interview. After reaching out, she has offered valuable insights and guidance on my focused securities. You can find more information about her online for additional oversight. I closely follow her strategy and have no regrets.
Thanks for the tip. Finding details about your coach was easy, and I thoroughly researched her before scheduling a call. Her impressive résumé suggests significant expertise, showcasing her proficiency in the field.
I watch several TH-cam videos on how to trade in the stock market but haven't made any head start because they are either talking some gibberish or sharing their story of how they made it and I do not want to make mistakes by taking risks in my own hands
@@WilliamEthan00 How do i reach her.
@@Christina-Gisela Wow that was easy, i found her website and left a message for her . i hope she reply me. thanks.
@@MaryOlson7 Alice Marie Coraggio is quite popular on Bloomberg I doubt if there is anyone who is serious about stock trading that doesn't know her. She has helped me quite a few times in growing my portfolio and it was blissful without any setbacks. she is a tough person in an industry that demands clairvoyance
This guy is amazing. I have been a follower of his on Instagram since the beginning. He is honest and truthful and keeps it real. i respect that. When he can he answers questions and is open and fair about it. I have listened and followed many finance people he is in my top 5. Thanks for doing what you do brother.
That’s impressive. I have no intentions of ever retiring until my body chooses not to work anymore! It’s in my own mentality that I actually enjoy working, getting to meet so many different people along the way and have no debts and quite a bit of cash. For me, it’s the love of keeping healthy, active and learning to keep the brain functioning.
I've met a lot of people like him in SoCal. They all follow the same model: Independently wealthy because of one major cash windfall. Usually they sell their company. And parlay that into speculative money--stocks or crypto. They almost always own a huge amount of personal wealth in a chunk of LA Real Estate. LA Real Estate has really bonkers growth. A property I purchased 5 years ago for 1.8 million is now valued at 2.4 million.
33% is only inflation growth. This guy was the best cnbc. Now the gold diggers will attack.
Most of this from sellin a website. I missed so many good domains from back then. Its depressing. He even makes 110k his first week. Maybe a large IGfollowing
Also he only had 1700 in crypto. Lol. The nightmare crash will ruin him
@@TT-jg8ju Technically more came from index funds than the sale of my business. And I did build a large IG following! I started from zero there too!
@@personalfinanceclub I tried to read that article they pictured from your days in Michigan. Did they ever find out what started the fire?
Daym, an actual millionaire that I can relate to, somebody who has hobbies and plays video games! It hits the hardest when you can relate. Besides that, this is the most down-to-earth and honest interview video I've seen on CNBC. Thank you for sharing Jeremy!
The whole point of wealth for me is freedom. My magic number in my mind is 5 million needed at 65 to not worry about anything. Am i better off investing a good portion of my income into stocks or saving my earnings to achieve this goal?
Varied sources of income is wise and especially living within your means. My net worth is $2M and I can pay my bills with no stress, but I don't live like I have that. I have no complaints.
Exactly, a good number of people discredit the effectiveness of financial advisor, but over the past 10years, I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains… might not be a lot but i'm financially secure and that's fine by me
Being heavily liquid, I'd rather not reinvent the wheel. Since this strategy works for you, how can I contact your advisor?
I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, 'Vivian Carol Gioia' turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.
I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.
He seems like a really good guy. Kudos! Makes me happy to see nice people realize so much success.
Becoming a millionaire through a Roth IRA or a 401(k) involves different strategies for maximizing profits. A Roth IRA offers tax-free withdrawals in retirement, which can be advantageous if you expect to be in a higher tax bracket later in life. On the other hand, a 401(k) provides tax-deferred growth and potential employer contributions, boosting your savings. The optimal choice depends on factors like your current and future tax situation, employer match, and investment options. Consulting a financial advisor can help tailor a strategy that aligns with your financial goals and circumstances.
Prioritizing effective personal finance management holds greater significance than the sheer amount saved, irrespective of income source. Consulting a certified financial advisor can offer tailored strategies to optimize financial results by reducing expenses and enhancing income, regardless of whether it's earned through employment or investments.
I wholeheartedly concur. At 60 years old and newly retired, my external retirement funds total around One million two hundred fifty thousand dollars.. With no debt and minimal retirement fund allocation relative to my portfolio's value over the last three years, I recognize the importance of a financial advisor. Neglecting them isn't an option; however, thorough research is vital to find a trustworthy fiduciary advisor.
@@PhilipDunk This aligns perfectly with my desire to organize my finances prior to retirement. Could you provide me with access to your advisor?
I'm guided by “Vivian Carol Gioia” an experienced coach with extensive financial market knowledge. While you can consider other options, her strategy has yielded positive results for me. She offers valuable insights, including entry and exit points for the securities I concentrate on.
@@PhilipDunk Thank you for the information. I conducted my own research and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call. Her expertise is impressive, and I'm eagerly anticipating our conversation.
Thanks Jeremey for doing this interview.
Followed Jeremy from the beginning. His content is valuable and I learned a lot from it including dollar cost averaging. Love to see him on CNBC!
Who are you?
Did he teach you need to start a company and sell 3 million first .
Good for him! Seems like a chill guy
can't wait for graham to react..... this is awesome
They're pretty much the same type of people. The only difference is that the guy sold a business and Grahm made his initial money in real estate.
When he said he did computer science at college I heard everything I needed to know
yea but 99.9% of comp sci grads ain't gonna end up like him. You gotta have a business mindset.
What a well balanced, harmonized young man! His story is inspiring & his mindset of finding joy in life is equally as impressive! Bravo & congrats! Always great seeing good folks succeed!🎉😁
Thank you for calling my young Robert! :)
I hope he finds a good and supportive wife 😅😅😅
@@twincherry4958thats the weak link. Terrible wish. Bro is happy.🏌🏾
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None of these people have kids.
The future belongs to those who believe in the beauty of their dreams. Success is a state of mind. I start investing my cash in other to achieve all my dream with the help of Lucy Mary Liam. The difference Mrs Lucy Mary make in my life is second to none. It's definitely a life changing kindness. I really appreciate her effort in my life time.
I think I'm blessed because if not I wouldn't have met someone who is as spectacular as Expert Mrs Lucy Mary Liam. Though I started with $1000 but it was successful, it's been four months since I started investing with her and it's been a great experience
Wow I'm just surprised someone mentioned Expert Mrs Lucy Mary Liam I thought I'm the only one trading with her. I also trade with her and i earn $5,000 every week, all my family have been trading with her and making profits, we love you Mrs Lucy Mary
@@reynaldo2447You don't have to be surprised because I'm also a huge beneficiary of her good works. She helped me recover what I lost trying to trade my self and I'm still earning a lot of profit monthly.. I invested $8,500 through Mrs Lucy Mary Liam and in one month I made to close $70,300
Ever since I lost my job with the ministry I have been surviving through my investment with Mrs Lucy Mary Liam, I'm so glad I invested when I did. My first experience with Mrs Lucy Mary Liam give me the assurance to invest the more with her without the fear of losing
She's awesome.
Despite the economic downturn I'm so happy I have been earning $25,000 returns from my $2,500 investment every 15 days. After I came across bitcoin trading platform of Mrs Lucy Mary Liam my financial life has totally changed
"where I watch CNBC Make It' nice plug. smooth. good job man.
This is the dream! Smart and frugal - but also very intentional with the life he lives.
Great! I enjoy seeing these types of videos. They helped me reach FIRE at 28
How did you make your money?
@@Stinkmeaner420 worked 2-3 jobs for 6 years, saved majority of my income (while renting) and invested it into real estate, stocks then crypto
It's amazing how much casual foresight/productivity this guy has - lots of trial, curious if he shares any error he ran into as well. Appreciate that he approaches it with humility too.
Jeremy is one of the most humble millionaires I’ve had the honor speaking to. I reached out to him before his business hit big and he was kind enough to call me, looked at all of investments and helped me strategize.
Aw, thank you! Hi Brenda!
Sadly he passed a few days ago due to COVID-19
@@thomasho1378 No I didn’t.
@@personalfinanceclub are you sure?
@@thomasho1378 Nearly positive.
So inspiring! I have to be a business owner at somepoint in my life. Time and time again it’s proven to be one of the best ways to building substantial wealth 💪
what did u study in college
@@kiwi9660 I’m currently a sophomore and I’m studying business with a concentration in entrepreneurship!
Cant study entrepreneurship
❤ I love his positive attitude!
One crucial point about his early retirement is that he was able to get a lump sum by selling his internet company. All the big investment returns and living off it starts with a big investment. So either you keep investing early and for a long time or you win the lottery or start a successful business.
So inspiring, Jeremy! It's extraordinary to have one successful business, let alone two. Keep growing and evolving!
AND one of them was by accident!
@@doctort.quinlan4101 Stumbling upon it - yes, growing it into a legit business - probably more than just luck. Either way, good for him!
If you invest $20,545 into the S&P, then assuming a 10% annual rate of return, your child at an early retirement age will be a Million plus rich, excluding every other income channeled to this. We need to invest much more. Focus on the company not just the stock price, true words from my F.A James Fletcher Brennan..I made over half a million from ALB and NVDA..I love passive income.
I'm convinced that all of these finance jargon, unnecessary extra steps, and weird math are used to scare away hard-working people from claiming what their companies actually owe them for all of their hard work and for this sole reason I make sure I use an advisor.
My method is to buy quality firms, anticipate to hold them regardless of what happens, pay up but not too much, keep track, sell only when necessary, and be ready to course correct.
When it comes to stocks and investing, most people don't know where to start. Fortunately, great investors of the past and present can provide us with guidance
I googled the man you mentioned, and after going through his credentials, I can tell he's a pro, I'll be writing him a mail shortly
Very impressive, good for you man!
Love Jermey and his account is amazing. Even though his following is massive he still responds to every DM and question I’ve asked. Not a lot of people like him.
It is not about the $ 3 million. It is about the multiple streams of passive income he made. Those are recurring income that he can spend without touching his $3 M. Now with this short video, he might get another hundreds of viewers buy his online course and further increase his course-selling passive income.
Pretty neat!
It’s absolutely about the $3 million; buying a $700k house in cash probably saved $400k+ in interest vs. a 30-year mortgage. Plus, he has no dependents to support. He could live off stock dividends alone. Notice how they didn’t talk at all about how much the second business/courses are actually earning.
Lol the best way to get rich is to teach and tell people how to get rich lmaoo it’s so cheesy. I think the hardest part of life for most people is working all day and living below their means and investing that savings
I think that is unethical money to sell a course and then ‘teach’ others how to get rich
@@laupeter4594 agreed, too many of those people
Residual income
Congrats Jeremy, you took a big risk by not taking that cushy microsoft job, and it paid off.
Whoa I live in the same neighborhood as this dude and go to that Thai place fairly often. That was unexpected.
One of the best videos i have watched from this channel. Great one. Thank you. 👍👍👍
Very inspiring, I am on the FIRE journey and moving to Bali with my girlfriend in a few months and then a trip around the world... cannot wait!
These videos are so motivating! 💪🔥
Love his way of life!👊👊
I met Jeremy a couple of months ago and he’s really inspiring, great video!
I would love to meet with him! Spend some time in his cozy home and talk money and FIRE. Looking into IRA options rn.
@@supreme5580 Check out some of my videos on investments to do in 2022
Step 1: sell company for $2M in profit
I'm 48, sad to say I made terrible money decisions growing up which I'm presently paying for, been dedicating every waking hours towards my retirement and I'd really love to retire to Portugal with atleast $3million by, the market up and down is not helping at all.
Same here buddy, the basic idea is to hold for long term, but I've only got 3years until my 50s are done, Im considering a sort of coach or investment adviser at this point.
Totally, an investment adviser is the best way to go about the market right now, especially for near retirees, I've been in touch with a coach for awhile now mostly cause I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, my portfolio used to be up and down, but for the past couple years I've been having consistent profit growth scaling from $500k to $1.8million
Well said, I actually signed for a few youtube courses but it didn't help much, a colleague suggested I use a proper financial advisor, how did you go about touching base with your adviser
My advisor is actually quite known, so it was much easier for me to reach out, I'm in touch with Lisa Ann Moberly she has a web presence, so you can simply just search her.
I usually don't do well with online recommendations, but this Lisa advisor seem to know her stuff, just went through her website and I booked an appointment.
Congratulations @personal finance club I think most people get wealthy by starting their own business or investing in real estate. The stock market is where wealthy people warehouse their money, not where they get it. I penny-pinched and saved in my 401k for years and ended up with 192k when I left my last job. I started my own business and have made a couple million in five years. I never should have wasted all that effort on Roths and 401ks and instead focused on starting a business. Just read the Millionaire Next Door. And if you want to start a business, DO NOT just wing it and try to figure it out on your own. You need someone who has experience to train and coach you and there are plenty of people who can do that.
what type of business ?
@@BRIANDER100 for me it's vacant land investing, take a look at airbnb management, you can build up an income quickly that way with out having to invest your own money.
Video worth your time . Thanks CNBC
This is Gonna b so Informative🔥🔥🔥👍….
Thank you for sharing your thoughtful content…for
putting it out there with the passion that many of us need and strive for. I'm starting to listen to you
almost every morning. Your voice and words are
calming, clarifying, uplifting and motivating. It feels real and genuine. I am grateful to have your channel as a source for having a better relationship with myself and the world around me?
The power for creating a better future is contained in the present moment, You create a good future by creating a good present.The key to financial freedom and great wealth is a person's ability to convert earned income into passive income to build generational wealth ,this trick has never failed .
Easy way to build wealth for the next all generation is to consistently invest in trade , and watch them grow ?
Majority of the people are unaware,and careless, when it comes to trading. Despite the fact that it should be the best way to watch your money grow
I truly agree with you on that, I must say trading is the future and with the way Bitcoin is growing, it's really advisable for people to trade now.
Purcha-sing Bitc_oin doesn't always assures winning, the ability to make profit off your capital is what mak-es you win.. Stop relying on the market price to make profit. Choose trading ?
It's more impressive when a regular office employee retires early.
Thanks for sharing 👏🏽
Great work!
If you want to know one of the many but important reasons why he became a millionaire, look at 1:19 and 3:09 and you'll see why. It goes much deeper but it's one of the reasons and that small thing he applied that mentality to everything else.
edit:typed that before finishing the video and he even brought it up, what a guy!
Exactly
He got into the market at the right age with the right degree and at the time the economy was about financialisation than real substance
This is awesome ! Great job man 👏 !
Great video congrats on all you’re success❤
His finances are great and i'm happy He's happy! Personally going through life alone (no wife and kids) sounds heartbreaking. Money is good but having a family is where it is at for me.
Probably he struggles to attract the right partner for him according to his finacial success and being a nice dude
Jeremy is an inspiration. Financially, my wife and I are doing well. Not as well as Jeremy, but we're doing well. I'd tell ANYBODY that you can retire early as well. The keys:
1. start investing IMMEDIATELY. From the first paycheck you get babysitting to your high school McDonald's job, put some of that money in a retirement account, matching the S&P 500 Index
2. never buy a new car. It's probably the best way to stay poor. Buy 3 year old cars and only from reliable, cheap to maintain brands. Don't buy a used BMW or Mercedes!
There's a couple I follow that retired in their late 30s. They were bringing in about $170K combined. That's it. And they have two kids! But they were still able to retire with about $2 million and moved to Portugal, where the cost of living is much less.
2. Interesting times we live in. I would normally agree with your second point but this is actually a period of time where buying new, or nearly new, makes sense (much more so than in the past)
So smart, so humble and experienced.
It would be interesting to have his take on new tech opportunities, cheers
I'm about 10 years away from being able to do this and I'll be 50 then. Sad to not be able to do it sooner, but still inspiring to see people make it.
Hey man 50 is really good. Most ppl these days work till they are 70.
Well done! I failed at early retirement. I quickly realized after reaching FIRE that the accumulation phase was the easy part. After 6-12 months in the honeymoon phase, I realized there is only so much leisure activity I could tolerate. I previously enjoyed my time off precisely because it contrasted with work. I quickly went back to part-time work on my own terms. Folks definitely need to plan out what they are going to do in “retirement”. This is especially true when all of your friends and family members are still in the daily grind.
To me it seems like you succeeded! You work because you want to, not because you have to.
Well said! I had this exact same problem, which was completely unexpected. I'd worked so hard for so many years that it never occurred to me that the lack of anything to do could be a problem.
Great guy enjoying life! Inspiring, and happy to see!
Always thought 3 million is all I need to retire. 1 million to get a nice place paid off.
2 million invest for an average of 4% return yearly which would be $80,000 a year to substitute my salary and live a middle class life but with all the time in the world, this guy is just living the dream!
Omg same age as me and also from MI. Even graduated from college the same year lol. And now my hubby works for MS too. Lol. But we won’t fire for like 7 more years. He is such an inspiration for us.
Awesome! Go Blue! :)
No wife and no kids. Saved millions there.
Yes this is very encouraging!
crazy when he brought up that he owns "whats that charge" i was just on it this week lol
Exactly what i did. Ditched my corporate job (only earning $90k a year) and started a online business. Now generate $400k a year from it and have over $5 million in real estate. Did it in 6 years.
So happy for you man, best wishes for the future
What industry if you don’t mind me asking?
@@melaniebenoist9432 E learning business
If something brings you fun and happiness it is not a waste of time. You don't only have to spend time creating things that have a value attached to them in order to call the time spent 'worth it.' That is an overworked mindset.
Jeremy is the man!
such a humble and frugal dude, i like him
This guy is just simply a winner
I’m a major fan of Jeremy he is dope
Jeremy’s the best!
You are amazing. Very inspiring. I am 65 and working which I don’t mind but I guess that makes me a failure at life or at least FIRE. I am trying to learn about investing but my misplaced priority is training. I spend way too much time on it but I want to be physically strong and good looking.
I am from San Diego. You can not do that as a regular employee, even in tech with a six figure salary and with a wife and two kids.
He is not married, has no kids and has millions of dollars. Why am I supposed to be surprised that he is able to retire at the age of 36?
Someone must have told you to get marred or have kids
I’m 31 and work in tech and have a wife with no kids (don’t plan on it) and I’m well on my way to be there in my 40s. I max out all retirement accounts and dollar cost average anything else I don’t spend into crypto (yes I’m still up in this market because I started in crypto in 2014/2015). I think I spend maybe $100/month of myself after bills (bills are minimal because of no debt) because I’m just a simple person as well as my wife.
I have been but I also have a child that will always have medical bills (didn’t know that there was something wrong during the pregnancy). The dream to retire early might not happen.
What?… 🤦♀️
No one told me…
You're right- every case is completely different due to different scenarios and it's not like he planned it this way. Opportunities happened and he took advantage of them. Retiring early as an employee is very difficult and having a family adds a whole new set of expenses. He has neither (at the moment) and no mortgage which puts him ahead of the game. You can still retire early with a family and kids but it will take A LOT of planning, cutbacks, effort (more than likely a second job for both adults) and understanding all the nuances of the tax code. Then the question remains is "how early?" I would prefer to focus on retiring with some form of wealth in that position which is much more doable.
Lifelong renter here as well. This gives me hope. I’m so embarrassed.
What wrong with renting? Especially in HOL areas, many people never become homeowners.
Hey don't feel embarrassed. There are many pluses to renting vs owning. Trust me. We own and manage rental properties. Its not easy and not always alot of money.
Hey good job buddy. Congrats!
I hear everything he's saying and it is great and I'm excited for him. I live in the US and would hate to have to buy my own health insurance, even though I believe it is tax-deductible. I know other countries, say in Europe have better insurance but pay higher taxes. Nevertheless, it just bugs me that you have to buy your own health insurance in the US if you are not a salaried employee.
Key word, I don’t have a wife, That saved him half his net worth
facts!
No wife and no kids = easy mode.
What a nice life he has. Well done my friend and it’s a great inspiration.
I have the same keyboard. Working towards the 3M. Good video!
I am from Spain, my friend in Texas referred me to this channel you make a lot of sense but I do not understand anything until she referred me to a financial counselor in USA that help me to craft my portfolio and over a year we have been working together making consistent profit enough to get me a new apartment and care for parents.
Hi who is your financial counselor and how does he help? I need your honest assesment
@@PeterWhite7 it is not a he. It is a lady. I see most things she says and use to carry out trades are done by Steve. that is how I know she knows what she is doing. in her technique of over night trading she says she use stop loss and take profit strategy. She trade on her account and it reflects on your own
@@DavidVelasquez9 who is she? how can I reach out to her? Can she help me?
@@PeterWhite7 Her name is ASHLEY AIRAGAHI. Look her up online, she is quite popular in America and a certified financial adviser
@@DavidVelasquez9 thanks for sharing, I am currently on her website and what I see is impressive. her resume and her experience is just awesome. I hope she replies me