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Usaa Total Stock Market Index Fund – How We Became Millionaires with Index Funds | Vanguard, Schwab, & Fidelity

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Usaa Total Stock Market Index Fund – How to Choose

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Our Rich Journey – How to Become a Millionaire with Index Funds | Vanguard, Schwab, & Fidelity: If you’re familiar with our FIRE journey, you know that a large part of our FIRE success is due to investing in index funds. Several months ago, we did a video on VTSAX (a Vanguard index fund). We got so many questions from that video and so much interest in index funds, we decided to do an in-depth video on index funds. So . . . in this video, we dive more into our discussion on index fund investing. We talk about the history of the index fund, why the index funds was originally created back in 1975, we share index funds we invest in, and we share our top picks for index funds with Vanguard, Schwab, and Fidelity. Thanks for watching!

▸▸▸Check out some of our other videos!

Vanguard’s VTSAX Index Fund: Our #1 Investment for Financial Independence Explained:
https://youtu.be/w0ZRkM5uszI

Best Vanguard ETFs (Exchange Traded Funds) for Financial Independence: https://youtu.be/0eM1jYV0j-k

OUR STOCK PORTFOLIO UPDATE | Our Dividend Income In Early Retirement (Ep. 9 – October 2019):
https://youtu.be/VvrLxzfYkO8

We Retired Early in Portugal | SEE OUR MINIMALIST HOME:
https://youtu.be/aa2lL6BGQ3c

HOW WE RETIRED AT 39 | Financial Independence Retire Early (FIRE):
https://youtu.be/KR_eIoIo2vU

Reaching Financial Independence: See Our Ten Stages:
https://youtu.be/nZZH9ANNziQ

How to Live Off Investments & Retire Early | Our Seven Account Strategy for Financial Independence: https://youtu.be/XKuky-V6eOA

Ten Money Moves to Make Before 30 to Achieve Financial Independence: https://youtu.be/xurFcAFhyf8

Accessing Retirement Accounts Early | Roth IRA Conversion Ladder Explained | Early Retirement Hack: https://youtu.be/QIotmcf8FGc

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43 Comments

  1. Our Rich Journey
    July 29, 2021 at 9:37 am

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  2. Vic fee fee Sin
    July 29, 2021 at 9:37 am

    How do you convert your 401k (tsp)Roth. I'm a government employee also try to move my thrift savings plan around. Is there a website that show you how to move the S, L around in the TSP?

  3. Yaseen Sajjad
    July 29, 2021 at 9:37 am

    If Fedility is 0% why would you still stay with Vangaurd?

  4. Debby O
    July 29, 2021 at 9:37 am

    Hey A and C!! Thanks for your YouTube clips. Quick question: I am 15% in with Roth/Trad IRA combo. I'm 50 and started LATE, (I DO have a teacher pension eventually, at retirement). I'd like some suggestions on where to put a few hundred a month to get me closer to FREEDOM. I will never FULLY retire bc I will plan to work 20 hours per week or so in tourism, getting seniors out and about since there is such a need for that. But I also have a home in Colonial Williamsburg, VA that Airbnb's for a decent few thousand a month when I'm actively renting so I just need a bit of suggestion to make my dollars start working harder. THANKS AGAIN. Cheers and fun travels.

  5. wolfy edits
    July 29, 2021 at 9:37 am

    How many shares do you normally recommend if i buy a vanguard index fund?

  6. christian37ism
    July 29, 2021 at 9:37 am

    Great videos. Would you please share your insight on my question. If one particular stock can yield upwards of 70% per year, wouldn't it be better to invest in that stock than an index fund that will yield around 24% in one year?

  7. MrSwaggonten
    July 29, 2021 at 9:37 am

    How much money should I start with?

  8. Abe Eiland
    July 29, 2021 at 9:37 am

    Seven years ago our grandson was 17 years old, and I was adamant about opening a custodial Roth account for him. We put in only 100 dollars to open it, which if we waited until he was 18 years old, would have cost us $1000 to open the same Roth account. I had no idea it was up to us to determine what market to invest the money in, until my rich journey came along. You are doing more for me and my family, than any one I have come across. I will support anything your family promotes as I trust you. Thank you for being the "wind beneath my wings".

  9. Edge of David
    July 29, 2021 at 9:37 am

    Thoughts on Schwabs dividend etf?

  10. Spongy bob
    July 29, 2021 at 9:37 am

    Which cheap index funds do you recommend lol

  11. Spongy bob
    July 29, 2021 at 9:37 am

    I'm kinda new to investing. Mainly have tesla shares which I plan to hold for a while, recently got a decent part time job and will start a simple account hopefully I will get a full time job in a year or so. Any mainly stocks you recommend. I have oxlc which gives 10 percent but I try to trade it for higher return

  12. tom Tom
    July 29, 2021 at 9:37 am

    Smart couple makes smart children. You guys are a great inspiration with your investment style and hustling attitude. You prove what I also know it isn’t necessary to find the next hot stock because you probably won’t . Some 90% of professional money managers can’t beat the s&p 500 unmanaged index. So isn’t it foolish for us laymen to waste our money trying? The answer is as you prove here. YES. Great video as always and beautiful loving family

  13. Vadhe Dungar
    July 29, 2021 at 9:37 am

    How I start in indux fund
    And how much I spend so get millions pounds next 10 year's
    I'm from London
    Help me out please

  14. Ben Chlopecki
    July 29, 2021 at 9:37 am

    I have a question. Would you consider going into crypto or just sticking to major index funds? I am invested in crypto but really hate volatility and uncertainties and no dividends. It feels like gambling. I am thinking about moving my funds to safer investments

  15. NIK NAK
    July 29, 2021 at 9:37 am

    wait , your not oppressed ?

  16. Alexandra Davis
    July 29, 2021 at 9:37 am

    The editing is also seamless so nice

  17. Alexandra Davis
    July 29, 2021 at 9:37 am

    Such an amazing video! The two of you remind me of TwoCents 🙂 thank you for all the knowledge

  18. Armchair Detective AnamCara
    July 29, 2021 at 9:37 am

    You two totally inspire me

  19. Kirsten Mullis
    July 29, 2021 at 9:37 am

    Your video was informative and easy to understand. Thank you!

  20. TinLizzie Studios
    July 29, 2021 at 9:37 am

    Am interested in FIRE as well. Single lady in her 50s. So here we go. weeeee

  21. Joshua Duke
    July 29, 2021 at 9:37 am

    Great video!

  22. jdstep97
    July 29, 2021 at 9:37 am

    I'm just now knowing that an index fund is a type of mutual fund. Thank you!! Dave Ramsey is ALWAYS talking about growth stock mutual funds. I'm sure I watched this video a year ago, but I really paying better attention this time. 🙂

  23. Jay Hu
    July 29, 2021 at 9:37 am

    A disavantages of Vanguard:
    – Mininum $3000 to beginning.
    – Expense ratio 0.04 %
    You reaction please….

  24. diaspora voice
    July 29, 2021 at 9:37 am

    You are right about the significance of trading on a good brokerage platform.
    Trouble is for beginners, it's hard accessing a good brokerage platform when you have less than $10k to begin with.
    What's your recommendation

  25. Ta
    July 29, 2021 at 9:37 am

    I am 42 year old and earn AUD $700 per week, WHAT I should do to make myself financially strong. Can you please help.m!!!

  26. Cong Nghe
    July 29, 2021 at 9:37 am

    Informative! Thanks.

  27. Syed Rizvi
    July 29, 2021 at 9:37 am

    Money is not everything and it is not happiness.

  28. Araceli Z
    July 29, 2021 at 9:37 am

    So I would want to pick a low Expense ratio ?

  29. bernardthefourth
    July 29, 2021 at 9:37 am

    Fine work. A lot better than putting your whole life on payments and pretending you are a millionare!

  30. FARAH NAJIHA ABDULLAH
    July 29, 2021 at 9:37 am

    i wanna ask,can u tell me how many starting capital should i have to invest in this?

  31. Marcia Roial-Craciun
    July 29, 2021 at 9:37 am

    Wow . This is great video.  Everyone who watch this video to be blessed.

  32. tai9sen
    July 29, 2021 at 9:37 am

    yes it works as long as the stock market keep on going up and up! Back in 1929 every investor thought that the stock market could only go up and the popular song was Blue sky, there is nothing but blue sky from now on! The world nowadays is quite similar to the aftermath of Spanish Flue a hundred years ago. People changed their way of spending after facing death, over consumption, overproduction, overlending, incompetent US president, ect. We saw fiat money in 5 years increased by 6 trillion dollars and Biden wants to print another 2 for infrastructure, Good luck! For me I would take some profits out and run!

  33. Chesley Ramos
    July 29, 2021 at 9:37 am

    So do you basically live off the profits you make from the index funds? Do you just pull out a certain amount, a few times a year? This was a great video!

  34. Bluemoon Sky
    July 29, 2021 at 9:37 am

    Why not QQQ or SPY ?

  35. Hello
    July 29, 2021 at 9:37 am

    Indwx funds eat ur returns by over 30% over decades

  36. WheelsAlwaysTurning
    July 29, 2021 at 9:37 am

    I believed in "the history" until the democrats told us our history was terrible and oppressive. Now I realize America is a bad place and we should erase our history and start over.

  37. NFLClip2019
    July 29, 2021 at 9:37 am

    Do you recommend VOO?

  38. Joshua Rico
    July 29, 2021 at 9:37 am

    What do you think about ticker SPLV ? INDEX FUND ?

  39. Ken Aultman
    July 29, 2021 at 9:37 am

    Is this getting pumped to try to talk me out of AMC? Not gonna happen… I like my shares. They're beautiful lil bastards.

  40. ReticentIndignation
    July 29, 2021 at 9:37 am

    Damn…how does one get over regret? Thanks for the simple information, it is greatly appreciated.

  41. Heiße Motte
    July 29, 2021 at 9:37 am

    German Fellow here, Vanguard goes strong here in Germany!

    I'll invest in Vanguard:
    Developed World
    Emerging Markets
    S&P 500

    I still hope for ETF'S from Vanguard about
    Small Caps and REITS

    It's nice to listen to your videos and take some advice from people from America to improve my portfolio here in Germany.

    Thx and keep going on 😁😁😁

  42. U S
    July 29, 2021 at 9:37 am

    Investing in stock , no matter it is single stock /active fund/index fund, is one of the stupidest thing in one's early life, buy a house first at a good location using leverage, then started invest in stock.. People always think that getting rich in stock market is easy, but no matter what tools/target/stock/index you use, it is still one of the hardest thing for a man.

  43. zoom
    July 29, 2021 at 9:37 am

    Just curious but how does it feel to make money by doing nothing?