38. 7 Investments In Your 20's That Will Change Your Life with Dan Sarver

Dan Sarver is a college student who has written the book on money that he was looking for after graduating high school, 7 Investments In Your 20’s That Will Change Your Life. On this episode of CFO at Home, Dan and Vince discuss his inspiration for writing the book, the 7 investment vehicles mentioned in the title, and more.

Key Takeaways:

Dan’s 7 Investments in your 20’s that will change your life:

1. Dividend Paying Stocks and Compound Interest
   • The greatest asset for a young investor is time
     • Long investment horizons minimize risk, allow for maximum returns
2. S&P 500 Index Fund
   • Funds with largest Market Cap
   • Allows investors to realize returns similar to the overall market over the long run
3. Nasdaq-100 Index Fund
   • Tech-driven; historically translates to higher volatility, higher reward
4. Mutual Funds
   • Returns are more reliant on the skills of the fund manager as stock-picker than index funds
   • Generally have higher expense ratios (costs more to invest in) than index funds
5. The Exchange-Traded Fund (ETF)
   • Similar to mutual funds, more available internationally, designed to be even more liquid than mutual funds
6. Real Estate Investment Trust (REIT)
   • Allows investment in Real Estate through a brokerage account, without the hassle involved in conventional real estate investing
7. Treasury Inflation-Protected Securities (TIPS)
   • May provide slightly more return for cash reserves than a savings account

• Resources:
• • 7 Investments in your 20’s that will Change your Life
  • The Little Book of Common Sense Investing

• Ways to contact/follow
• • Danbusinesslifestyle.com
  • DanXSarver - Instagram

• Contact the Host - vince@thecfoathome.com