Jesse

Engineer | Finance Nerd | Father of 2 | Building a $2.5M nest egg by 40.
Let me show you how to grow your money with Index Funds📈

[Jesse @AlmostVested]

13 years ago I was a broke college student.

Now...

I'm an engineer with a $1.1 M net worth.

Don't be scared of the market.

[Jesse @AlmostVested]

Try this.

Put your 2% raise into index funds instead of spending it.

Watch Your Net Worth 🚀🚀🚀

[Jesse @AlmostVested]

3 Financial Habits I Do Every Month

//THREAD//

[Codie Sanchez @Codie_Sanchez]

I have a friend who is 40 and damn near a billionaire.

I asked him what his one key to investing well is... here's what he told me:

[Investing Dad @IndexandC]

Would you rather dump 100k into the market next year or have a guaranteed 4.5% return ona 1 year CD. What are the odds the market yields higher than 4.5% next year?

[Jesse @AlmostVested]

@IndexandC Depends on major expenses planned in the next 2 years. My spending is pretty stable. So, I’ll go with total stock market.

[Jesse @AlmostVested]

@NeuroNupe17 @jlyork10 @NeuroNupe17 I don’t keep that kinda cash anymore. But, It felt good to look at that number.

[Jesse @AlmostVested]

@NeuroNupe17 @jlyork10 @NeuroNupe17 that feels like a whole other life.

[Jesse @AlmostVested]

@roadtowealthpod That sounds like a great gig. No BS. Work Hard. Get Out.

[Jesse @AlmostVested]

Today’s a Great Day to Make A Budget.

- Review July Expenses
- Estimate August Income
- Assign Income to Categories
- Check-in weekly and adjust as needed

You got this.

[Jesse @AlmostVested]

You never know what the market’s going to do.

June 15…
the S&P 500 gained 1.5%

June 28…
the S&P 500 dropped 2%.

Today…
the S&P 500 gained 2.6%.

Ignore the noise and buy shares every pay day.

[Jesse @AlmostVested]

The advisors hating on index funds are mad they missed an opportunity for 3% commission.

[Jesse @AlmostVested]

@thewealthdad Somebody has to plant the seed, so the the next generation can do better.

[Sean Cranston @themoviedadsc]

If you don't come from money, understand it'll likely take you 10-20 years of focused work/investing to become a millionaire

Many don't make it because they don't want to be the one to "sacrifice" their years for the family unit

Takes a different mother f'er to be the first

[Jesse @AlmostVested]

@Budgetdog_ When you make enough money, time becomes the new currency.

[Jesse @AlmostVested]

The S&P 500 grew by 14.8% annually from 2012 to 2021.

During that time we had…
- 5 market corrections
- 1 bear market

Volatility is just part of the process.

[Jesse @AlmostVested]

@moneywithkatie No wonder we’re obsessed with early retirement and remote work.

[Jesse @AlmostVested]

@cFIREsim Yup. Now that I think about it… I overthought the taxes. That’s what I get for multitasking.

Amounts should be the same both ways.

[Jesse @AlmostVested]

@cFIREsim 1150 was assuming you had a capital gain.

[Jesse @AlmostVested]

@cFIREsim Im not suggesting you withdraw the funds. Im suggesting you re-allocate.

If you sell $1000 in VTSAX taxable…

Sell $1150 in bonds tax-advantaged and buy back VTSAX.

That way you make up for capital gains. And keep your stock allocation the same.

[Jesse @AlmostVested]

@NeuroNupe17 Where you going?