MI Rewind: Building Wealth, Stay Wealthy, and Retiring Early w/ Jeremy Schneider
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本期《千禧一代投资》节目邀请了Jeremy Schneider，他是个人理财俱乐部（Personal Finance Club）的创始人，一位白手起家的百万富翁，并在36岁时实现了“技术性”退休。Schneider强调，他的财务成功源于在出售公司*之前*培养的自律习惯，他倡导一种务实、简单的金钱管理方法，这种方法在千禧一代中引起了共鸣。
Jeremy强调了建立和维持财富的三个基本终身习惯：
1. **明确“为何而做”：** 了解你进行财务自律的动机——为了现在和未来的幸福与安全，避免过度消费和过度囤积。
2. **量入为出：** 持续地支出少于收入。这一基本原则创造了可用于投资的“差额”或盈余。
3. **增加收入：** 积极寻找增加收入的方法，进一步扩大收入与支出之间的差距。
为了平衡当下生活享受与未来投资，Jeremy建议听众了解自己当前的财务状况，通过计算他们的**净资产**（资产减去负债）并进行未来预测。这有助于做出明智的决定，减少压力，并帮助优先考虑消费还是储蓄。他强调，“足够好”胜过追求“完美”，因为追求完美可能导致无所作为。
Schneider概述了一个实用的、按部就班的六步计划，助你成为百万富翁：
1. **存下1个月的生活费：** 建立一小笔现金储备，打破“月光族”的循环。
2. **401k缴款达到公司匹配额度：** 充分利用公司提供的“免费资金”。
3. **积极偿还所有非按揭债务：** 优先清除信用卡、汽车贷款和学生贷款等高息债务，以释放未来的现金流。
4. **建立3-6个月的应急基金：** 扩大现金储备，以应对更长时间的意外困难。
5. **投资于税务优惠账户：** 最大限度地向Roth IRA、401k等账户供款，以享受税收优惠。
6. **进一步投资：** 在用尽税务优惠账户额度后，进一步投资于普通经纪账户或其他投资工具。
关于债务，Jeremy虽然不像Dave Ramsey那样教条主义，但他反对保留即使是低息的汽车贷款。他认为借钱购买贬值资产是一种行为陷阱，这种陷阱鼓励人们超前消费。他建议偿还此类债务能培养更好的财务习惯，即使从数学上看，不投资可能会错过一点点收益。他认为，真正的代价是人们倾向于购买超出自己承受能力的更昂贵的汽车。
Jeremy是“Boglehead”投资理念的坚定支持者，他分享了七条明智的投资规则：
1. **制定一个可行的计划：** 一个简单、书面的计划能提供清晰度和方向。
2. **风险不宜过高也不宜过低：** 避免将所有资金都放在现金中（风险过低，会被通货膨胀侵蚀），也避免投机性的“一夜暴富”计划（风险过高）。
3. **绝不尝试择时，不追逐过往表现：** 市场择时是不可能的；应关注长期增长。
4. **保持低成本并使用指数基金：** 费用是“无形杀手”，会显著侵蚀长期回报。指数基金以极低的成本提供广泛的多样化。
5. **最小化税收：** 利用IRA和401k等税务优惠账户。
6. **保持简单：** 投资于广泛市场指数基金或目标日期基金（例如Vanguard的VT或VTSAX），并坚持下去。过度复杂化很少能带来更好的结果。
7. **坚持到底：** 在市场波动期间不要恐慌并偏离你的计划。
对于那些对个股选择感兴趣的人，Jeremy提出了“90/10法则”：将90%的投资组合配置到多元化的指数基金中，以确保市场增长，并将剩余10%用于满足个人股票/加密货币投资的“兴趣”，而不会危及你的整体财务未来。
最后，他驳斥了“主要住宅总是最好的投资”这一迷思，指出房屋升值通常落后于股市，并且会被显著的成本（保险、税费、维护、利息、机会成本）所抵消。他主张无论租房还是买房，都应尽量减少生活开支，并强调“房产黑客”（house hacking）是一种将主要住宅转变为创收资产的明智策略。
Jeremy的总体信息是**简单、尽早并持续投资以及坚持不懈的行动**的力量。他敦促听众计算净资产以了解自己的当前状况，然后专注于财务计划中可执行的下一步，忽略那些分散注意力的复杂因素。
This episode of Millennial Investing features Jeremy Schneider, founder of Personal Finance Club and a self-made millionaire who technically retired at 36. Schneider emphasizes that his financial success stemmed from disciplined habits cultivated *before* his company sale, advocating for a pragmatic, simple approach to money management that resonates with millennials.
Jeremy highlights three foundational lifelong habits for building and maintaining wealth:
1. **Know the "Why":** Understand your motivation for financial discipline – to achieve happiness and security now and in the future, avoiding both excessive spending and hoarding.
2. **Live Below Your Means:** Consistently spend less than you earn. This fundamental principle creates the "delta" or difference that can then be invested.
3. **Earn More Money:** Actively seek ways to increase your income, further widening the gap between earnings and expenses.
To balance enjoying life today with investing for the future, Jeremy advises listeners to know their current financial standing by calculating their **net worth** (assets minus liabilities) and then making future projections. This allows for informed decisions, reducing stress and helping prioritize spending versus saving. He stresses that "good enough" is better than striving for "perfect," which can lead to inaction.
Schneider outlines a practical, sequential six-step plan to becoming a millionaire:
1. **Save 1 month's expenses:** Build a small cash cushion to break the paycheck-to-paycheck cycle.
2. **Contribute to 401k up to employer match:** Take advantage of "free money" from your employer.
3. **Aggressively pay off all non-mortgage debt:** Prioritize eliminating high-interest debts like credit cards, car loans, and student loans to free up future cash flow.
4. **Build a 3-6 month emergency fund:** Expand your cash cushion to cover longer periods of unexpected hardship.
5. **Invest in tax-advantaged accounts:** Maximize contributions to Roth IRAs, 401ks, etc., to benefit from tax breaks.
6. **Invest more:** After exhausting tax-advantaged options, invest further in regular brokerage accounts or other vehicles.
Regarding debt, Jeremy, while not as dogmatic as Dave Ramsey, argues against keeping even low-interest car loans. He views borrowing for a depreciating asset as a behavioral trap that encourages living beyond one's means. He suggests that paying off such debt cultivates better financial habits, even if mathematically a slight return might be missed by not investing. The real cost, he argues, is the tendency to buy a more expensive car than one can afford.
Jeremy, a strong proponent of the "Boglehead" philosophy, shares seven rules for smart investing:
1. **Develop a workable plan:** A simple, written plan provides clarity and direction.
2. **Never bear too much or too little risk:** Avoid keeping all money in cash (too little risk, loses to inflation) and speculative "get rich quick" schemes (too much risk).
3. **Never try to time the market/don't chase past performance:** Market timing is impossible; focus on long-term growth.
4. **Keep costs low and use index funds:** Fees are "silent killers" that can significantly erode long-term returns. Index funds offer broad diversification at minimal cost.
5. **Minimize taxes:** Utilize tax-advantaged accounts like IRAs and 401ks.
6. **Keep it simple:** Invest in broad market index funds or target date funds (e.g., Vanguard's VT or VTSAX) and stick to it. Over-complicating rarely yields better results.
7. **Stay the course:** Don't panic and deviate from your plan during market volatility.
For those interested in individual stock picking, Jeremy proposes a "90/10 rule": allocate 90% of your portfolio to diversified index funds for guaranteed market growth, and use the remaining 10% to "scratch the itch" of individual stock/crypto investing, without jeopardizing your overall financial future.
Finally, he debunks the myth that a primary residence is always one's "greatest investment," noting that home appreciation often lags the stock market and is offset by significant costs (insurance, taxes, maintenance, interest, opportunity cost). He advocates for minimizing living expenses, whether renting or buying, and highlights "house hacking" as a smart strategy to turn a primary residence into an income-generating asset.
Jeremy's overarching message is the power of **simplicity, early and often investing, and consistent action.** He urges listeners to calculate their net worth to understand their current position and then focus on the very next actionable step in their financial plan, ignoring distracting complexities.
摘要
Robert Leonard talks to Jeremy Schneider all about personal finance, and his useful strategies for building wealth for the millennial generation. Jeremy is a successful entrepreneur and software developer, and the founder of Personal Finance Club, a resource that aims to aid investors in the most effective path to building wealth.
IN THIS EPISODE, YOU’LL LEARN
00:00 - Intro
12:57 - The three life-long habits to form in order to build wealth and stay wealthy.
22:03 - A six-step personal finance plan to become a millionaire.
22:03 - How to minimize or pay off debt.
38:38 - Rules for smart investing.
38:38 - Some approaches to investing in the stock market.
01:15:20 - The first thing you should do to get started on your wealth building journey.
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
BOOKS AND RESOURCES
Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Recommended Book: The Millionaire Next Door by Thomas Stanley and William Danko.
Recommended Book: The Total Money Makeover by Dave Ramsey.
Recommended Book: I Will Teach You To Be Rich by Ramit Sethi.
Recommended Book: The Behavioral Investor by Daniel Crosby.
Recommended Book: Set for Life by Scott Trench.
Recommended Book: The Education of a Value Investor by Guy Spier.
Personal Finance Club: Primary Home vs. Investment Property vs. S&P 500.
Personal Finance Club: What’s the difference between an index fund and an ETF?
Check out the books mentioned in the podcast here.
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