1 hour of extra work per week can make you rich

Taking control of the hard decisions like saving, investing, retirement, and more.

Author

Aryan Singh
February 11, 2024

1 hour of extra work per week can make you RICH

After years of being lazy and not taking control of the hard decisions like saving, investing, retirement, and more - we’ve started this to help you become rich by sending one awesome email every week.

Table of Contents

Few disclaimers and starting points

  1. There is NO get rich scheme, most people make money from a single big source → then diversify their investments → make more money → repeat.

  2. We consider trading as gambling - we will not discuss any TRADING related things. Only short term and long term stock buys - because we want to get super rich, not play with little cash money

  3. Saving is WAY MORE important than you will ever realize. You can make whatever you want, but if you do not have the HABIT of saving - you will lose it all

  4. Patience is key: Success in wealth-building often requires a long-term perspective. Quick riches are rare, and it's essential to stay patient and disciplined with your investments.

  5. Education is an ongoing process: Continuously educate yourself about personal finance, investing, and money management. The more you know, the better decisions you can make.

  6. Emergency fund is non-negotiable: Building and maintaining an emergency fund is crucial. Unexpected expenses can arise at any time, and having a financial safety net is essential.

  7. Set clear financial goals: Define your financial objectives, whether it's buying a home, funding your children's education, or retiring comfortably. Having clear goals can help you stay focused and motivated on your wealth-building journey. 

We are NOT financial advisors. We are just people who’ve made some money and want to help everyone else now, for free

Understand Compounding

Compounding is a powerful investing concept that involves earning returns on both your original investment and on returns you received previously. For compounding to work, you need to reinvest your returns back into your account.

The answer is clear here:

  • EARN MORE

  • SAVE more

  • INVEST more

  • INVEST often

We will discuss this in detail (in the next few posts)

We (you are included) are NOT expert at finance

Ask these questions to yourself

  • Can you beat a hedge fund?

  • Can you beat expert traders?

  • Can you beat algorithms running every milli second?

  • Can you beat people with 50 years of experience?

  • Can you surpass trillion dollar funds?

  • Can you spend hours and hours on unstable finance decisions everyday?

The answer is NO

So keep calm, invest in long term goals and try to stay away from short term goals.

YOU CANNOT BEAT THE S&P 500, SO WHY WASTE TIME THINKING

Topics we will cover (in very heavy detail) - one topic every week

One email per week to change the way you look at personal finance.

1. Investing

  • Stock Market Investing

  • Bond Investing

  • Real Estate Investing

  • Alternative Investments

  • Risk Management

2. Retirement Planning

  • 401(k) and IRA Strategies

  • Early Retirement Planning

  • Retirement Income Streams

  • Tax-Efficient Retirement

  • Social Security Benefits

3. Saving and Budgeting

  • Emergency Funds

  • Effective Budgeting

  • Saving Strategies

  • Goal-Oriented Saving

  • Managing Debt

4. Financial Markets

  • Stock Market Trends

  • Bond Market Analysis

  • Commodities Trading

  • Forex Trading

  • Cryptocurrency Markets

5. Personal Finance

  • Credit Management

  • Wealth Building

  • Financial Literacy

  • Financial Independence

  • Estate Planning

6. Taxation and Tax Planning

  • Income Taxation

  • Tax Deductions and Credits

  • Tax-Efficient Investing

  • Estate and Inheritance Taxes

  • Tax Planning Strategies

7. Investment Strategies

  • Value Investing

  • Growth Investing

  • Dividend Investing

  • Dollar-Cost Averaging

  • Long-Term vs. Short-Term Investing

8. Asset Allocation

  • Diversification

  • Risk Tolerance

  • Portfolio Rebalancing

  • Modern Portfolio Theory

  • Tactical Asset Allocation

9. Financial Instruments

  • Stocks and Equities

  • Bonds and Fixed Income

  • Mutual Funds

  • ETFs (Exchange-Traded Funds)

  • Options and Derivatives

10. Real Estate

  • Buying vs. Renting

  • Real Estate Investment Trusts (REITs)

  • Property Management

  • Real Estate Financing

  • Real Estate Market Trends

11. Retirement Accounts

  • 401(k) Plans

  • IRAs (Individual Retirement Accounts)

  • Roth IRAs

  • SEP and SIMPLE IRAs

  • Self-Directed IRAs

12. Financial Security

  • Insurance (Life, Health, Auto, Home)

  • Identity Theft Protection

  • Emergency Preparedness

  • Retirement Healthcare Costs

  • Estate and Legal Protection