
Sometimes I feel bad when a young, hopeful new investor comes to me as though I’m a guru sitting atop a Himalayan mountain and they’ve just finished a months long trek to find me. They eagerly ask for the elusive secret to becoming rich. And I disappoint them with this boring advice.
That’s the secret: There is no secret. Spend less than you make. Invest the difference. Keep doing that for a few decades and you’ll be rich. Keep seeking overnight success and you’ll find yourself broke late in life. When you ask your rich friends how they did it, they’ll say they spent less than they made and invested the difference.
Get started now. In 20 years you’ll be very glad you did.
As always, reminding you to build wealth by following the two PFC rules: 1.) Live below your means and 2.) Invest early and often.
-Jeremy

How much do I need to invest to max out my 401k, HSA, and Roth IRA for 2025?
One of the first things I do in January every year is max out, or make a plan to max out, every single tax-advantaged account

