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How To Invest In Your 20’s to be Wealthy In Your 30’s

15831 ratings | 202589 views
These are my recommendations and strategies that I’ve figured out along the way, that you can utilize to really make the most out of your 20’s, financially. Enjoy! Add me on Instagram: GPStephan The YouTube Creator Academy: Learn EXACTLY how to get your first 1000 subscribers on YouTube, rank videos on the front page of searches, grow your following, and turn that into another income source: https://bit.ly/2STxofv $100 OFF WITH CODE 100OFF (Limited Time Only) Merch: http://www.GrahamStephanStore.com/ My ENTIRE Camera and Recording Equipment: https://www.amazon.com/shop/grahamstephan?listId=2TNWZ7RP1P1EB First thing, if you’re in your 20’s…INVEST EVERYTHING, IMMEDIATELY. $1 invested at 20 years old at a 7% return will be worth $21 at the age of 65. However…if you wait, and invest that same $1 at 30 years old, it’ll only be worth $10.68 at the age of 65. This means your money is worth TWICE AS MUCH when you’re 20 years old, than when you’re 30 years old. Open up a Roth IRA immediately, and contribute to it. First, you’re probably not making a ton of money right now, so you’re already in a really low tax bracket - this means VERY little money is lost to taxes upfront, leaving you with MORE money left over to invest. Second, you’re young enough that you’ll have DECADES of growth that’ll be tax free when you’re older - and that means more money in your pocket Saving 10% of your income, like so many financial advisors recommend, is just not enough. 10% is a start, but when you consider just how much money you can make in compound interest in your 20’s, you should ideally get in the habit of saving and investing MORE upfront, because your money is worth more NOW than it will be in the future. That’s why I think it’s so important to LIVE WHILE YOU’RE BROKE IN YOUR 20’S. Your 20’s are a free-pass to live like your broke, because no one expects you to have anything, anyway.. Second: If you want to be wealthy in your 30’s, you should start your own business in your 20’s. Here’s the magic of doing this: with the internet, there has never been more of a level playing field in terms of building wealth. The best way to make a ton of money and become wealthy, is by starting a business, and have that business be mobile. Most of the time, a business will make you WAY more money than your investments will EVER make. So when you’re in your 20’s, PLAY TO WIN and make as much money as you can. Then, WITH THAT MONEY, invest “NOT TO LOSE” so you actually keep it. That way, you’ll always have your foundation working for you, no matter what…so remember, be aggressive with business, be safe with investments. Third: TAKE RISKS. You have a VERY unique time right now where, if you try something and fail, you have plenty of time to recover. If you lose money, it’s no big deal. If something doesn’t work out, oh well, it’s not the end of the world. This also applies to INVESTING in your 20’s, as well…you can make much riskier investments, because you have a much longer timeframe to recover from any losses. Fourth: Reconsider College. Honestly, for most people who really want to become WEALTHY early in life - college does very little for you. In fact, most of the time it’ll set you back between the cost of college, and the opportunity cost of wasting 4 years in a classroom where you could be out there actually doing something. Fifth: AVOID LIFESTYLE INFLATION. If you make more money, keep your expenses the same - don’t change a thing - and invest the difference. Sixth: Stay away from bad debt. If your DEBT isn’t MAKING you money, AVOID IT. Plain and simple. For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at [email protected]
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Text Comments (2934)
Yu Studios (1 hour ago)
Damn. lifestyle inflation caught me red handed
Graham Stephan (1 hour ago)
😬
Christine Truong (2 hours ago)
I wish I had this sort of advice before I decided to get a degree in engineering. Thanks for the videos!
Graham Stephan (2 hours ago)
Thanks!!
Buddy Piper (2 hours ago)
money comes and money goes. just live.
Graham Stephan (2 hours ago)
🙌🏼
Daniel P (3 hours ago)
Skip college and follow your path, trust me.
Graham Stephan (2 hours ago)
Yes!
LASEAN WIGGINS (6 hours ago)
nice vid bro
Graham Stephan (6 hours ago)
thanks!!
Da Ghetto Gamer (9 hours ago)
How do you feel about being an economics lawyer from a wealth perspective?
Julian Seow (12 hours ago)
Hey Graham when you say save >10% of your income, is this besides the money that I would want to spend for a downpayment? Like lets say I save 10% and put it in a roth IRA, would I also want to save another 15-25% on top of that in order to finance my real estate deals?
Dennis W (12 hours ago)
Things to invest in to be rich in 5 years: XRP!
Angelo Ramos (14 hours ago)
Investet all in tesla, now im broke
Graham Stephan (13 hours ago)
:O
Diaz Alex (18 hours ago)
I like the sock part. Now I will wonder if you are wearing any pants under on all of your videos.
Graham Stephan (16 hours ago)
🤔
Amanday Huang (19 hours ago)
I have feeling from your first video that you are a Taurus! You fit in every criteria of Taurus.lol 😂
Graham Stephan (16 hours ago)
Yep!
Miguel Harari (21 hours ago)
really.... all the knowledge you have, about taxes, cashflow and everything u learned it on youtube??? come one... I thought u were legit, what's your educational background? Even when we all see your videos, you don't truly explain in depth, you give a nice hint but never as a course, do you do that in your paid program or they are the same type of videos?
Miguel Harari (15 hours ago)
Graham Stephan but you have a real state investing or licensing program right? I’ve seen you promoting it. So all you know is internet? You don’t have any economy training? College courses? Nothing? At your beginnings u have done a real state agent program , because you were working on commissions is this not correct? Can you provide the link? Is this program “the same” as the one you promote?
Graham Stephan (15 hours ago)
And reddit and google :)
Graham Stephan (15 hours ago)
I don’t have a paid investing program. Where do you think I’d learn this? The internet. Why would I lie about something like that?
Mikky Nev (1 day ago)
I love how you show hate comments in your videos
Graham Stephan (1 day ago)
Haha thanks!
Anthony Paige (1 day ago)
Could you shout your supporters instead of your haters ... they really don’t deserve the time and effort ... instead , put that time into helping someone pleaseeee!
Tyler Ridings (1 day ago)
I think this is a great stepping stone for transitioning out of college. Although I may have student debt, I can use what I have now to eliminate that debt, and have my money work for me in the future. Thanks Graham!
Hey man all I gotta say is this video actually opened my eyes for my future
Graham Stephan yeah man I gonna use this information in my near future. Thanks man and keep it up!!
Graham Stephan (1 day ago)
I’m so glad!
Gavanater 7 (1 day ago)
Can I start a business while I’m in college? I’m 20 but I’m in college can I do this too. College is my safety net cause it’s paid for by parents.
Talitha Royster (1 day ago)
Wow, thank you so much for this video. I feel like you were speaking directly to me.
Graham Stephan (1 day ago)
Thanks for watching!!
great info bro thanks for sharing AND I hit the LIKE button lol!
Graham Stephan (1 day ago)
Thanks !!
C Pat (1 day ago)
Hey Graham, could you make a video going into more detail about bad debt? First time I heard someone say debt can be good :P
Nick K (1 day ago)
You’re pulling view sonnn
Graham Stephan (1 day ago)
It’s a lot!
Jordan S (1 day ago)
Military, I’m able to save over 30% of my income while investing into a great retirement fund, free school, and a business grant when I get out... I pretend like I’m broke even though people assume I have a boatload of cash, i enjoy my money, I give myself an allowance for video games and clothes, I’m pretty expensive thank god im responsible
Graham Stephan (1 day ago)
that's awesome!
Suteera Tak (1 day ago)
Watching the video when u already passed 20's 😂😂
Graham Stephan (1 day ago)
:)
t_ n_rasberry (1 day ago)
The book "The Millionaire Next Door" gives the same great example of lifestyle inflation as what you said. You're so smart. I like how you said that you figure how to make your investment pay for the things you want.
Graham Stephan (1 day ago)
Agreed!!
Performak (1 day ago)
Very useful content! 😎😎
Performak (1 day ago)
+Graham Stephan wow! I didn't expected an answer, wow!! Very surprised, for good 😊
Graham Stephan (1 day ago)
you got it!
t_ n_rasberry (1 day ago)
I like how you compared buying starbucks it to buying $100 shoes and only wearing it once...I'm sure lots of people can relate to this as a common sense thing to not do. I think this example will stick out in my mind when I want to go buy another Starbucks drink.
Nagatsumi (1 day ago)
Where do you invest at?
Anna (1 day ago)
but you just don't get 7% anywhere??
Rahul Gupta (1 day ago)
Man you and Dave Ramsey is two faces of same coin. Don't take it as insult please😅. I am just saying this because he also says live like you are broke.
Graham Stephan (1 day ago)
I enjoy Dave Ramsey! But disagree with him on a few things. Definitely have a ton of respect for him.
Avian Enthusiast (1 day ago)
Guys where do you buy stocks online ?
Avian Enthusiast (1 day ago)
+Graham Stephan thank you very much dude and by the way your videos are very informative ! Congrats !!
Graham Stephan (1 day ago)
robinhood, webull, ally, vanguard
Brother Bop (1 day ago)
why do i care about having so much money when im 65? lol. I'd rather live a happy expensive life from 18 - 64. then at 65 be broke
Graham Stephan (1 day ago)
To each their own :)
Nasa3x (1 day ago)
Im 26 i feel like i fucked up and its too late
Graham Stephan (1 day ago)
Definitely not too late!
Corrupted Youth (1 day ago)
🤢Tired of Pathetic rappers ?🤔😒💩saying they sip lean n wear designer ? Maybe? If so checkout this dope kids new music video NEED UR HONEST BLUNT FEEDBACK N SUPPORT THANKYOU
jake cuunt (1 day ago)
Only reason you dont drive a Lamborghini is to avoid that lifestyle inflation 😅
Graham Stephan (1 day ago)
:)
Bryant (1 day ago)
I wish Graham was my professor in college. I learned more from him than I did from my other teachers. Love your videos bro!
Graham Stephan (1 day ago)
Ah thanks!!
Clayton Miller (1 day ago)
Thank you for the input!
Graham Stephan (1 day ago)
Thanks for watching!
Alex Kish (1 day ago)
How much future money was that dino head worth. lol
Graham Stephan (1 day ago)
It’s a replica :)
Shadi Shour (1 day ago)
What channel talks about stocks?
Graham Stephan (1 day ago)
financial education
Daverick Aguilar (2 days ago)
That Starbucks order 🤣 Thanks for being edutaining!
Graham Stephan (2 days ago)
:P
musto lourien (2 days ago)
The best things in life are free, definitely this is one of em. Epic.
Graham Stephan (2 days ago)
thanks!!
Joel Laffoon (2 days ago)
Fantastic video, probably the most I have learned this month. I'm 19 and don't want to be unloading trucks at walmart for very much longer :D
Graham Stephan (2 days ago)
thanks!!
Melissa Schwarz (2 days ago)
Brilliant stuff!
Graham Stephan (2 days ago)
thanks!!
Sirdarus Arnold (2 days ago)
im 19 learning how to invest could you help guide me i guess?
Ezar Muhammad (2 days ago)
I wish I knew about u earlier. Love the content 🙌🏾
Graham Stephan (2 days ago)
thanks!
jonathan Cisneros (2 days ago)
Im 26 year old have 10k in cash sitting where can ismartly invest it
Austin E (16 hours ago)
+jonathan Cisneroscoinbase or gemini. Use Google
jonathan Cisneros (19 hours ago)
But how do i convert bitcoin into money?
Austin E (1 day ago)
Bitcoin if you want to be rich
Kenny Tran (2 days ago)
But with a roth IRA you can’t take it out? What if you wanted to take it out in your 30s would it work? 65 seems like a long time feels like i won’t be that old lol
Joao Soares (2 days ago)
it actually makes allot of sence!
Graham Stephan (2 days ago)
thanks!
Louie T (2 days ago)
Ben is dope 🤣
Graham Stephan (2 days ago)
:)
Aaron Brown (2 days ago)
I want to enter the field of neuroscience with a few rental properties. Would that field count as one of those worth the investment?
M Pleading (2 days ago)
What does investing mean? Such a vague term
I love when you make a sentence that takes my full attention and you add hit like button. "Unsub & dislike" mention me in your videos
Graham Stephan (2 days ago)
Haha thanks ;)
Miecuh (2 days ago)
youre so dumb man
Miecuh (2 days ago)
Lmao. Only playing. Just trying to see if my comment would make it into a video 😂
Graham Stephan (2 days ago)
:/
Alex B (2 days ago)
Thanks bud gonna hustle the next 12 years just to say yeah I ve done it let's push the rest as well💪💪💪💪💪🔥
Markos Mavrikis (2 days ago)
Hi. What would you recommend I do with my 21st birthday money? I got around 1700$ worth of money waiting to make money. Pls let me know. Thanks so much
André Grube (2 days ago)
doing my duty for the algorithm
Graham Stephan (2 days ago)
:)
Sara Collins (2 days ago)
Only commenting cause you deserve to make money for the advice you’re giving
Graham Stephan (2 days ago)
Thanks!!
Barry Michael Doyle (2 days ago)
Buy... And hold... Avocado Toast! :D
Graham Stephan (2 days ago)
;)
Zack (2 days ago)
Great Vid!
Graham Stephan (2 days ago)
Thanks!!
Santiago Cantu (2 days ago)
Hello sir. Quick question. I'm looking and on track to be debt free by age 33. Currently 30. Just have a small amount on my house mortgage left. What would you advise to do after that? Get another house? I don't owe credit cards. I don't owe any car notes. No school loans. Nothing.
BigWave (2 days ago)
You may not have flown in a private jet, but have you eaten avocado toast?;)
Graham Stephan (2 days ago)
;)
Giuzu (2 days ago)
Shat do you think about EFS’ and syndicating merchant cash inadvance?
Gabby M (2 days ago)
Hey Graham! I commented on your video a couple months back and I have been watching your videos like crazy! Specifically, your story video resonated with me because I was accepted into Pepperdine this year but decided to turn it down because of the 75,000 a year cost. I rather take the money and invest it. Thanks!!
Graham Stephan (2 days ago)
🙌🏼
MGSXIII (2 days ago)
Thanks
Graham Stephan (2 days ago)
Thanks for watching!
scrapbookingdiva (2 days ago)
I really enjoyed your video. I’m 42 and I wish I knew this in my 20’s but I will have my 12 and 17 year old watch this to learn how to become financially independent. Great job
Graham Stephan (2 days ago)
🙌🏼
Fisnoid (2 days ago)
Just helping you out with a comment buddy, thanks for the great content.
Graham Stephan (2 days ago)
Thanks!!
Philip Nguyen (2 days ago)
Great Video
Graham Stephan (2 days ago)
Thanks!!
acid alex (2 days ago)
hi Graham do you have advice to get a friend in to investing ( I am thinking of showing my friend my portfolio ) thank you and keep up the vids
ben shalev (2 days ago)
So, I live in Israel so u have to to the military so that’s 18-21 . I want to learn computer science and go to the best university in Israel so that’s another 3-4 years so after I finish everything I’ll be 24-25 nice.
Jessica Burroughs (3 days ago)
This is the video I needed in my 20s, and it will definitely be at top of mind now, while I'm in my early 30s. 100% sharing this with friends, and prob on FB because in under 20 minutes this summarizes, and one-ups every financial book I've read or video I've watched. 'Invest Everything Immidiately', and thinking in terms of future money and how much you'd have to invest to cover the cost properly captures the mindset and sense of urgency. Saving more than 10% is crucial. Thinking of living frugally as a 'get out of jail free' card instead of a bad thing is a huge shift in mindset. Investing in equities, as well as real estate instead of only one or the other. Having the gumption to start a business, realising that the power of the internet levels the playing field. Even how to tell the difference between good and bad debt. My only critique is that college typically does train you for a specific job, whereas university gives you a more broad education that might not be relevant. You just have to decide if it's worth the price, and the years of lost income. Kudos dude. This is almost definitely your most valuable video. Fking gem, boy. Love what you've done with the channel since I arrived around 50k or so. \m/
Blake Nicholas (3 days ago)
But what about loosing gains from major market crashes??
Graham Stephan (3 days ago)
you hold and don't sell, and dollar cost average
pshyeah1128 (3 days ago)
But Graham the average.. that’s unrealistic!!
Graham Stephan (3 days ago)
😂
Graham Stephan (3 days ago)
🙌🏼
summer2011leggo (3 days ago)
Hello YouTube algorithm! Graham! I saw you in the millionaires and minimum wage earners video recently. Very interesting points! Not a lot of people want to have those tough conversations about money in the US. This video was very useful as well.
Graham Stephan (3 days ago)
Ah thanks so much!!
Omar Castillo (3 days ago)
A year late, I bought a truck last year and now I want to invest my money a couple months ago and now it’s hard to save up
Nibraas Jaffri (3 days ago)
This is it sarge
Graham Stephan (3 days ago)
:)
Kadira Entrepreneur (3 days ago)
very helpful info am 27 now and completely broke will this ever work for me?
Graham Stephan (3 days ago)
yes it absolutely will!
Mark Young Kush (3 days ago)
Hi I would where would you even go to invest
Jose Ibarra (3 days ago)
About to turn 21 this year and aiming to pay off my debt first before I invest should I invest first or pay off debt first want to get my first rental property
Jose Ibarra (3 days ago)
Thanks ! What’s a good app to find houses ?
Graham Stephan (3 days ago)
Pay off debt!!
Karina Barrera (3 days ago)
You are fucking awesome
Graham Stephan (3 days ago)
:)
Sean McCormack (3 days ago)
fitufuf
Graham Stephan (3 days ago)
Thanks!!
Jurgen (3 days ago)
So i hear everyone talking about Roth IRA's and 401K's accounts. So i found out that these accounts are all for north america. Im a dutch guy(18) wtf should i do lel
Henk ter Beest (2 days ago)
Jurgen echt eh
HelloWorld (3 days ago)
Good ol moneychimp
Graham Stephan (3 days ago)
Yep!
Alphonsus Ho (3 days ago)
New subscriber here! I learned about you on Jubilee's video, thank goodness I found you because you are straight forward compared to other investor youtubers. This is definitly helpful, in my 20 I do want to spend on a nice car, but after watching I'll be more frugal with my money I make, right now I am in college, and the last 3 summers I made about $5000 that I put in my ROTH IRA. Although I come from a upper middle class, my parents save a lot and teach me to buy things I need and wait later for things I want.
Graham Stephan (3 days ago)
Ah thanks so much!!! Good start!
Alphonsus Ho (3 days ago)
On his description for this video, I thought it said "Enjoy me on Instagram"
Graham Stephan (3 days ago)
Haha!
Daniel Li (3 days ago)
your arms are short
Viny Ziks (3 days ago)
All of that becomes way more complicated when you are under 18 and not living in America. I live in Europe, and as far as I know, there are nowhere near as many investment opportunities here. I don't even know if there is this Roth IRA here or something :( kinda sad
Viny Ziks (2 days ago)
+Alegra Green That's very nice. Do you know if any bank has this or just the bigger ones like Deutsche Bank? Also, do you know if there's any fund here in Europe similar to those in Varguard that gives pretty good returns? Thanks for the help by the way :)
Alegra Green (2 days ago)
I live in Europe too. If you're under 18 there's not much to do, true. But once you're 18, check with your bank the opportunities to invest in funds. That don't require much money to start (only need to invest 25€ in my bank to start a long term plan). I'm still looking into other things to invest in but...that's a start.
Its not possible in most countries thinking about the taxes
Santiago Valdez Roy (3 days ago)
Great video. Really slapped me back into my place. 🤦🏻‍♂️
Graham Stephan (3 days ago)
Thanks!!
taopanda98 (3 days ago)
I want to be a doctor, but in order to finance my dream , I want to get into the real estate business by being a landlord and renting my apartments. Your channel is really helping me a lot! Thank you!
Graham Stephan (3 days ago)
So happy it’s helpful!
YRN Finnell (3 days ago)
Can you do a video on your thoughts about the BRRRR method?
Graham Stephan (3 days ago)
I did! Type in “Graham Stephan Brrrr”
Willie Marte (3 days ago)
Graham, where do you invest your money once you’ve maxed out your Roth contribution for the year?
Willie Marte (3 days ago)
+Graham Stephan Awesome! Thanks for the reply! Do you also have a 401k? Or only Roth IRA?
Graham Stephan (3 days ago)
Real estate!
GLORY (3 days ago)
im only 19 and im going to finish college with a degree in welding by the end of the school year with zero debt and i just work at a steak n shake making $150 every two weeks. ive started doing youtube got almost 75 videos already. I am already in the habit of doing many of the things you mentioned. I took notes on this video and im on my way to start working towards financial freedom. Thanks Graham!!!
Graham Stephan (3 days ago)
You got it!
Leon (3 days ago)
Who's Ashley, my girl?
Graham Stephan (3 days ago)
🤔
Jonathan Oliver (3 days ago)
Great video!
Graham Stephan (3 days ago)
Thanks!
Sven D (3 days ago)
Buy and Hold spoken like a true crypto veteran
Graham Stephan (3 days ago)
Hah!
Tanksnoobs (3 days ago)
Question, what stock program should I use that is trusted? I'm new and been wanting to do this for awhile, but I don't know what I can trust
G (3 days ago)
This video is everything. This info is the hidden gem to success so many people just don’t understand. Grateful your putting out this stuff for people to learn. You have helped a lot of people.
Graham Stephan (3 days ago)
Thanks so much!!
Scotty B (4 days ago)
I've learned sooooo much from Graham so far. I am working on building my podcast on my channel and everything I have learned so far is from this guy! Thanks for all the advice. Would love if y'all checked it out and gave me some feedback.
Graham Stephan (3 days ago)
Awesome!!
Benjamin Gault (4 days ago)
I am currently 20 years old and I'm starting a landscaping LLC. Also, I'm going to graduate with a degree in finance next year. I'm looking to get into real estate. I'd love to hear what tips you guys have for me! Thanks!
Alex Trujillo (1 day ago)
Cooper Schultz why so much hate?
Cooper Schultz (1 day ago)
Benjamin Gault goodluck fool
billyclub (4 days ago)
how do you know if you'll live to 65?
lol (4 days ago)
Graham, can you please explain the "Saving $130k to pay for your $100/week restaurant budget"? Calculating the annual return only yields 4% so is this return from real estate/index funds/dividends?
Graham Stephan (4 days ago)
I just figured the safe withdrawal method or from what I make in real estate!

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