An Investing Guide for Young People Who Want to Win
Most investing advice for young people is designed to keep you safely mediocre. Save to your 401(k), buy index funds, retire at 65 with enough money to not be a burden on your kids. That’s not wealth, that’s managed decline with a portfolio.
The game has changed. The old playbook (work 40 years, get a pension, die) is dead, but most people are still following it with 401(k)s in place of pensions. While everyone else is optimizing for safety, you should be optimizing for upside. You are YOUNG. You can afford to lose everything and start over. What you can’t afford is to play it safe and wake up at 40 with nothing but a modest retirement account. The odds that strong social security payouts will be there when you are 65 or 70 is low.
The rules and the game have changed, but all of the advice out there has not. So this guide is about understanding how money actually works in 2025 and positioning yourself accordingly.
Some of these rules will contradict each other because the world is complicated. All of them can be bent or broken. You decide when.
Cash Loses But You Need Some Anyway
Keeping money in savings accounts is a guaranteed way to get poorer every year. Inflation runs at 3-4%. Your savings account pays maybe 1%. Congratulations, you’re losing 2-3% of your purchasing power annually.
You still need an emergency fund. Not because Dave Ramsey said so, but because without it, you’ll be forced to sell your investments at exactly the wrong time.
The rule is simple: 3-6 months of expenses in cash, sitting in the highest-yield money market fund you can find (currently around 4-5%). This isn’t an investment - it’s insurance. The point isn’t to make money on this cash; it’s to never have to touch your real investments for emergencies.
Get this done first. I don’t care if Bitcoin is screaming higher or if there’s some amazing stock opportunity. Build the foundation or you’ll get wiped out by the first crisis that comes your way.
Once you have this safety net, never touch it unless your life is actually falling apart. Not for vacations, not for “opportunities,” not because you want a nicer apartment and the rent is double. This money has one job. It keeps you from making desperate decisions when everything goes wrong.
Money Is Made By Waiting
Every investment guru quotes Buffett’s “be greedy when others are fearful” line, but most people cannot sit still. They buy high when everything feels good and sell low when the world seems like it’s ending.
Your edge as a young investor has nothing to do with stock-picking or market timing. You build that knowledge up over time with experience. No, your edge is that you have 40+ years for compound interest to do its work. But you have to actually let it work.
The money is made in the waiting, not the trading. This is a hard thing to learn! While everyone else is panicking about daily fluctuations, you should be thinking in decades. When the market crashes (and it will), that’s when you double down, not when you sell.
The hardest thing about investing is doing nothing. Get comfortable with it.
Charlie Munger used to sit on billions in cash for years, waiting for the right opportunity. Not because he was indecisive, but because he understood that great investments are rare and you have to be patient enough to wait for them. Most people can’t do this. They see money sitting around and feel compelled to “put it to work” immediately, usually at terrible prices.
Your temperament matters more than your IQ. Smart people blow up their portfolios all the time because they can’t handle the emotional rollercoaster of investing. The market will test you. It will drop 30% right after you invest and make you feel like an idiot. It will stay flat for years while your friends are making money in crypto or real estate. This is the test. Pass it by doing nothing.
Compounding Is Magic
Warren Buffett made 97% of his wealth after age 65. Not because he got smarter at 65, but because he started investing as a kid and never stopped. He’s had eight decades of compounding.
The math should keep you up at night: $10,000 invested at 20 at a 10% annual return (with nothing added later) becomes $729,000 by age 65. The same $10,000 invested at 30 is just $281,000. At 40? $108,000. At 50? $42,000.
Time is literally money, and you’re spending it every day you’re not invested.
Every dollar you blow on stupid stuff today is potentially $72 you won’t have when you’re older. That $5 coffee habit? Each one is $364 in future money every month you’re pissing away.
Most people think compounding means you need to start with huge amounts. Wrong. You need to start with consistency. Invest $500 a month starting at 22, and you’ll have more money at 65 than someone who invests $2,000 a month starting at 35. The early years matter exponentially more than the later ones.
Dollars aren’t the only thing that compounds. Effort compounds too, and that translates to ownership. The person who spends their twenties building skills and solving problems is creating a compounding machine that works faster than any investment account. A business you build from scratch grows in value because your effort and expertise compound into something people will pay for. This is why entrepreneurs often build wealth faster than employees, even employees with high salaries and good investment habits.
Start now. Not next month, not after you “get your finances together,” not when you “have more money to invest.” Now, with whatever you have. Even if it’s $50 a month. An hour a week. The habit matters more than the amount initially.
Own Stuff, Don’t Just Work for Money
Traditional advice says get a stable job and contribute to your 401(k). There’s nothing wrong with stability but that path leads to comfortable mediocrity, not wealth.
Real wealth comes from ownership. You can’t grow wealthy selling your time by the hour because there are only so many hours in a day and only so much you can charge per hour. But there’s no limit to how much an asset you own can be worth.
This means equity. Pieces of businesses. Real estate. Anything that can grow in value without your direct time input. When you own equity, you make money while you sleep. When you sell your time, the money stops the moment you stop working.
Real estate deserves special attention because housing is probably your biggest expense for the foreseeable future. Most young people see real estate as something they’ll deal with “later” when they’re ready to “settle down.” Bad housing decisions in your twenties can sometimes determine your wealth trajectory more than investment decisions.
Paying rent means your landlord is building wealth using your payments. Real estate will likely be the first major appreciating asset you buy. Use it as training wheels for ownership. Buy something you can afford, build equity while you live in it, then keep it as a rental when you move. The goal is to own an asset that appreciates while providing cash flow, then use those skills and capital to buy more assets, like pieces of businesses. Think of real estate as your gateway drug to ownership. Once you understand leverage, cash flow, and appreciation from property, you’ll be better equipped to evaluate stocks, startups, investments, and your own companies.
The path looks different for everyone, but the pattern is the same: develop skills that let you build or buy assets. Learn to code and start a software business. Build a service business in one of the trades. Buy rental properties. Invest in startups. Buy shares of companies you understand. Create something people will pay for repeatedly.
Don’t just work for a salary. Work to build something you own.
Your twenties are for skill-building and early ownership. Use this decade to develop expertise in something valuable, then figure out how to monetize that expertise in a scalable way. The worst thing you can do is optimize your career strictly for salary cashflow and ignore equity opportunities.
I’ve seen too many smart people spend their twenties grinding away at consulting or law or investment banking, making good money but building nothing they own. They hit 30 with savings and no assets. Don’t be that person.
Some career paths create wealth-building opportunities and others don’t. Working at a startup with meaningful equity beats working at a big corporation with none, even if the salary is lower. Learning skills that travel (coding, production, writing, design, editing) beats skills that only work in employment (middle management, bureaucracy navigation).
Optimize for option value in your career, not just immediate compensation. The person who can code, write, and understand design has more ways to create value than someone who’s just really good at Excel.
Scott Adams calls this “skill stacking” - being very good at 2-3 complementary skills that multiply each other’s value. You don’t need to be the world’s best programmer. But being good at programming + good at marketing + good at understanding customer needs makes you incredibly valuable and hard to replace.
Think about you at 30. What combination of skills will be valuable in 10 years that few people have today? That’s where you want to be.
Never Finance Consumption
Debt is a tool. Like any tool, it can build wealth or destroy it, depending on how you use it.
The rule is simple: never finance consumption. If it doesn’t generate income or appreciate in value, pay cash or don’t buy it.
Credit card debt is wealth poison. The average APR is over 22%. There’s no investment return that can reliably beat that rate, which means every dollar of credit card debt you carry is guaranteed wealth destruction. Pay these off before you invest anything.
Car loans are usually stupid. Cars depreciate. You’re borrowing money to buy something that loses value the moment you drive it off the lot. Buy a solid used car with cash. Drive it until it dies. Use the money you’re not sending to a car company to buy assets instead. Yes, I’m a car guy and yes, this is really me saying this.
Student loans are more complex. If you borrowed money for a degree that increases your earning power, that can be good debt. If you borrowed $100,000 to study something that doesn’t lead to a job, that’s bad debt. Either way, minimize it.
The only debt that makes sense is debt used to buy appreciating assets at a rate lower than their appreciation. A mortgage on a rental property that cash flows positively? Good debt. A business loan that generates returns higher than the interest rate? If you have conviction on the business, that’s good debt.
Everything else is just consumption financed by your future self. Cut it out.
Master your cash flow. Know exactly what comes in and what goes out each month. The gap between these numbers is what builds wealth. If there’s no gap, there’s no wealth building, no matter how much you make.
Live below your means, but not like a monk. Spend money on things that matter to you and ruthlessly cut everything else. The goal isn’t to be cheap; it’s to be intentional.
Max Your Tax Advantages
Tax-advantaged accounts build big advantages. Before you invest a single dollar in a regular brokerage account, max out your 401(k) and Roth IRA. Your 401(k) saves you taxes now. If you’re in the 22% tax bracket, every dollar you put in saves you 22 cents immediately. That’s a guaranteed 22% return before your investments even grow.
Your Roth IRA is even better. You pay taxes now but never again. Every dollar of growth is tax-free forever. This account can be your “Vegas money” for high-risk, high-reward investments because if your Bitcoin or individual stocks go 10x, you keep everything. There are income limits for Roth IRA contributions, so maximize this while you can.
The limits for 2025: $7,000 in your Roth IRA, up to $23,500 in your 401(k). That’s $30,500 in tax-advantaged space before you even think about taxable investing.
Most employers match 401(k) contributions up to a certain percentage. This is a part of your compensation. If your company matches 4% and you’re not contributing at least 4%, you’re refusing a raise. Take the match first, then Roth IRA, then back to 401(k) if you have more to invest.
The tax code is designed to reward long-term investing and punish short-term trading. Use this to your advantage. Buy and hold in taxable accounts to get long-term capital gains rates (15-20%) instead of ordinary income rates (up to 37%).
Rich people structure their financial lives around minimizing taxes. Poor people ignore taxes and wonder why they stay poor.
Leverage Backfires
Options. Futures. Margin trading. Forex. Crypto derivatives. These are the financial equivalent of fireworks - they make a lot of noise, promise spectacular results, and usually blow up in your face.
The promise is always the same, amplify your returns through leverage or complex betting strategies. But these instruments are often designed to separate retail investors from their money. The people selling you options know more than you do and have better tools than you do.
Warren Buffett called derivatives “financial weapons of mass destruction” for a reason. They’ve blown up professional traders, hedge funds, and entire banks. What makes you think you’ll be different?
A study of retail options traders found they consistently lose money - not just sometimes, but on average. The structure of these markets is designed to favor institutional traders over individuals.
Donald Knuth has two rules for optimizing algorithms in computer science: #1 Don’t do it. #2 (For experts only) Don’t do it yet.
Leverage is like that. Once you really understand investing - after years of experience with actual stocks and bonds and assets - then maybe you can experiment with derivatives using money you can afford to lose completely. But if you’re reading this guide, you’re not there yet.
Stick to simple investments that you can explain to your grandmother.
If you want to gamble, go to Vegas. The odds are better and you get free drinks.
Diversification Is Overrated
The S&P 500 Index, that boring diversified investment everyone recommends, had 70% of its 2023 gains come from just seven stocks. The other 493 companies were essentially flat.
This tells you something important about today’s economy: it’s winner-take-all. A few superstar companies are capturing most of the value creation, while everyone else fights for scraps.
The implication is that broad diversification is not the best strategy anymore. This is also why building your own business often beats buying stocks. When you own all of something you understand completely, you’re building the future based on your concentrated expertise. The riskiest thing is owning tiny pieces of hundreds of companies you know nothing about. You’ll be better off concentrating your investments in the trends and companies that will define the next decade.
Here’s how I see the world changing and this is what I’m investing in:
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Artificial Intelligence is eating everything. It’s more than hype. It’s the biggest technological shift since the Internet. Companies that harness AI will dominate their industries. Companies that don’t will become irrelevant. Nvidia became a $4 trillion company by providing the infrastructure for AI. This is the new economy being built in front of us.
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Energy is becoming abundant and cheap. Solar and battery technology are improving exponentially. Natural gas and nuclear are coming online. This will reshape every industry that uses energy (which is every industry). Own pieces of companies driving this transition.
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Money itself is being reinvented. Whether you believe in Bitcoin or not, cryptocurrency has forced a complete rethinking of what money is and how it works. Central banks are printing money at unprecedented rates, making hard assets more valuable. Allocation to Bitcoin and Ethereum is a hedge against monetary debasement.
Don’t try to own a piece of everything. Own pieces of the future.
This doesn’t mean you should put all your money in tech stocks. It means you need to be thoughtful about what you own instead of just buying everything because “diversification is good.” Owning 500 random companies isn’t diversification - it’s owning the average, and average returns won’t build wealth.
Inflation doesn’t just mean “prices go up.” Asset prices go up too. That makes houses, stocks, and Bitcoin more expensive while wages lag. The game is rigged toward asset owners. Every dollar printed makes existing assets worth more and cash worth less. This is why “saving money” in banks is such a trap - you’re guaranteed to lose purchasing power while asset owners get richer.
Be an asset owner or watch your purchasing power erode forever. The choice is simple.
Sleep Well While Betting Big
Portfolio construction is a big part of the game. Put 50% in boring, safe investments that protect your downside, and 50% in high-risk, high-reward bets that could change your life. If these percentages seem off, then change them based on what risk you can stomach.
The safe money goes in things like Treasury bills, money market funds, and index funds. This money isn’t there to make you rich - it’s there to make sure you don’t go broke. Currently, short-term Treasuries yield over 4%, which is better than inflation with zero risk.
The risky money goes into moonshots. Bitcoin and Ethereum. Individual stocks in companies you believe will be worth 10x more in ten years. Startup investments if you can access them. Call options on secular winners (but only if you really understand options and can afford to lose everything). And, of course, the best moonshot investment of all is starting your own business.
The beauty of this approach is psychological. The safe money lets you sleep at night. The risky money gives you shares in the future. You’re protected against disaster but exposed to massive upside.
Size your risky bets so that losing everything would hurt but not devastate you. No single position should be more than 5% of your total net worth (except for companies you run). If Bitcoin goes to zero, you’re annoyed but fine. If it goes to $500,000, you’re rich.
Rebalance ruthlessly. When your moonshots start working, trim and pocket the profits. When they crater, resist the urge to double down unless your thesis is sound.
Build Your Network Like Your Portfolio
The best investment opportunities never make it to public markets. They get shared among networks first.
That startup with amazing potential? The founder’s college roommate gets the first chance to invest. That real estate deal with built-in equity? It goes to someone the developer knows personally. That consulting opportunity that pays $200/hour? It comes through a referral, not a job board.
Your network is an asset class. Treat it like one.
This doesn’t mean schmoozing at networking events (though sometimes that helps). It means building genuine relationships with other ambitious, capable people. The person grinding away at their startup today might be a successful founder tomorrow. The junior developer at a big tech company might become a VP with hiring authority. The real estate agent who’s just starting out might become the person who finds you great deals.
Be useful to people before you need anything from them. Share opportunities, make introductions, help solve problems. The person who creates value for their network gets the most value back.
Networks compound just like investments. The person you help today introduces you to someone else valuable. That second connection opens doors to opportunities you never would have found on your own.
Most people treat networking as something they do when they need a job. That’s backwards. Build relationships when you don’t need anything. That’s when it’s authentic and when people are most willing to help.
Location matters for network building. If you’re serious about tech, spend some time in San Francisco or Austin. If you care about finance, spend time in New York. If you want to build a media business, be where other creators are. The relationships you build in these hubs often become more valuable than whatever you learn in formal education.
Protect Your Attention Like Your Money
Your ability to focus determines your ability to build wealth.
Most people can’t sit still long enough to read a 10-K filing anymore. They can’t focus on boring research for hours. They can’t ignore short-term noise and think in decades. Social media and constant stimulation have rewired our brains for instant gratification.
This is an investing disadvantage that compounds over time. The person who can focus has access to opportunities that scattered people miss. You can spot trends early because you actually read things deeply instead of skimming headlines. You can hold investments through volatility because you understand what you own instead of just following prices.
Most people are addicted to financial pornography - constantly checking portfolio values, reading market predictions, watching stock tickers. This behavior destroys returns because it leads to emotional decision-making.
The cure is simple but hard: protect your attention like you protect your money. Turn off price alerts. Stop checking your portfolio daily. Delete financial news apps. Create space for deep thinking about what you actually believe.
Your edge as an investor comes from seeing things other people miss. But you can’t see clearly if your attention is constantly fragmented. The person who thinks clearly and acts patiently beats the person who reacts quickly to noise.
This extends to everything in your financial life. Can you sit through a boring but profitable online course? Can you spend Saturday morning researching companies instead of scrolling social media? Can you have uncomfortable conversations about money and career strategy?
Your attention is your most valuable resource. Spend it like you would spend money - intentionally, on things that generate returns. Focus on building rather than reacting.
What This Looks Like in Practice
Let’s say you’re 22 years old making $50,000 a year. This is what you do:
Month 1-6: Build your emergency fund. Live like a broke college student and save $10,000-20,000 in a money market account.
Month 7 forward: Figure out which expenses matter and which don’t. What enriches your life and what is wasteful? Get your baseline and then start investing $500-1,000 per month. You can be risky, so 50% goes into boring index funds (VTI, QQQ for tech exposure). 50% goes into moonshots - Bitcoin, Ethereum, or individual stocks you believe in.
Every year: Increase your investment amount as your income grows. Don’t inflate your lifestyle with every raise. Invest the difference. Ask yourself if you’re ready to start your own company.
Every quarter: Review your allocation. If your moonshots are doing well, take some profits and move them to the safe side. If they’re doing poorly, resist the urge to panic sell.
Every few years: Reassess what you think the future looks like and adjust accordingly. The companies and trends that dominate the 2030s might be different from the 2020s.
The key is to get started. Most people never begin because they’re waiting for the perfect moment or the perfect strategy. There is no perfect moment. No perfect time. Don’t let life happen to you. Start with what you have, learn as you go, and adjust course when needed.
Location arbitrage can accelerate everything. Spend your twenties in expensive cities where salaries are high and opportunities are abundant. Yes, the rent is rough, but the salary premiums and network effects more than make up for it. A software engineer in San Francisco makes $200,000. The same job in Cleveland pays $85,000. Even after paying $3,000/month in rent instead of $1,200, you’re still ahead.
Then, once you’ve built skills and network, consider moving somewhere cheaper to buy assets. Your Silicon Valley salary in Austin. Your New York experience in Nashville. Your DC network from Delaware. You keep the earning power but cut the cost base.
Don’t optimize for comfort in your twenties. Optimize for growth, learning, and option value. The person who spends their twenties in an expensive city building valuable relationships often ends up wealthier than the person who plays it safe in a cheap city with no upside.
Health Is Wealth
Being broke makes you unhealthy. Stress, poor food, no preventive care, working multiple jobs with no time for exercise. Being unhealthy makes you broke. Medical bills, reduced earning capacity, missed opportunities.
This feedback loop destroys people. Break it early.
Investing in health is literally investing in earning capacity. The person who can work productively for 50 years instead of 30 makes exponentially more money. The person who avoids a major health crisis in their 40s keeps their wealth instead of losing it to medical expenses.
This means basics: exercise regularly, eat real food, sleep enough, manage stress, get preventive care. But it also means thinking about health as a multiplier on everything else you do.
Your energy levels affect your career performance. Your mental clarity affects your investment decisions. Your physical appearance affects how people treat you in business settings. Your longevity determines how many years of compounding you get.
Most young people ignore health because they feel invincible. That’s backwards. Your twenties are when health habits compound most powerfully. The person who builds discipline around exercise and nutrition early has energy and mental clarity for decades. The person who ignores these things gets to experience what it’s like to be tired and in a brain fog while trying to build wealth.
But also don’t fall into the trap of saving everything for when you’re 80. Hyperbolic discounting means we naturally value present experiences more than future ones - and for good reason! Your 25-year-old body can hike mountains, stay up all night, and recover from anything. Your 80-year-old body can’t. The person obsessing over having $5 million at retirement while never traveling or taking risks in their prime is optimizing for the wrong phase of life. Yes, save and invest aggressively, but remember that some experiences have expiration dates. Don’t sacrifice your youth for a retirement you might not even live to see or be healthy enough to enjoy.
You can’t out-earn poor health indefinitely. Take care of your body like you take care of your investment portfolio - consistently, with a long-term perspective, and with the understanding that small actions compound into big results over time.
Know Your Number
Most people have no idea what “making it” actually looks like. They just keep chasing more forever because they never defined enough.
This creates a problem: without a target, you can’t build a strategy. And without an exit plan, you’ll never actually exit. You’ll just keep playing the accumulation game until you die, regardless of how much you have.
Figure out your number. Not the amount you need to retire and never work again. That story is fake, boring, and outdated. Figure out how much you need to have complete flexibility over your time and your choices.
Maybe it’s $1 million if you’re willing to live simply. Maybe it’s $5 million if you want more flexibility. Maybe it’s $15 million if you have expensive taste. The exact number matters less than having one.
The goal isn’t to stop working at 65 and play golf until you die. The goal is to reach a point where you work because you want to, not because you have to. Where you can say no to projects, clients, or bosses that drain your soul. Where you can take risks on things that matter to you.
This is especially important for people in their twenties because Social Security probably won’t exist in any meaningful form by the time you’re eligible. The math doesn’t work. There will be too many retirees and not enough workers paying into the system. Plan like you’re completely on your own, because you probably will be.
Once you have a target, you can reverse-engineer a plan. If your goal is $2 million and you’re starting with $10,000, you need your money to grow by 200x.
The harder question: what would you actually do with that flexibility? Most people who build serious wealth keep grinding anyway because they never figured out what they actually wanted the freedom for.
Money is a tool for buying choices. The choice to work on interesting problems. The choice to spend time with people you like. The choice to live where you want and do what energizes you. This is security. This is freedom. Figure out what those choices look like, specifically, then work backward to the money required to make them possible. And if you can make them possible now, do it.
The person with a clear destination is more likely to arrive than the person who just drives around hoping to end up somewhere good.
Discipline
Wealth is not about finding the perfect investment or timing the market perfectly. It’s about developing the right mental models and then having the discipline to act on them consistently over decades.
Most people know what to do. They know they should spend less than they make. They know they should invest the difference. They know they should be patient and avoid stupid risks. They know compound interest is powerful.
They just don’t do it.
The difference between wealthy people and everyone else isn’t access to secret information or special investment opportunities. It’s the ability to do boring or focused things consistently over long periods of time while everyone else is chasing whatever’s exciting this month.
Your edge isn’t superior intelligence or better information. It’s superior temperament and time horizon.
Hope
The internet is full of young people convinced they’re screwed. Housing costs too much. Everything is expensive. The previous generation had it easier. The game is rigged. So vote for the politicians who promise to make it free and fix it all!
This is nonsense.
Yeah, housing costs more relative to income than it did a generation ago, especially near big cities. But everything else is cheaper and better. You have access to information, tools, and opportunities that didn’t exist then. You can learn any skill for free on YouTube. You can start a business with a laptop. You can invest in the same companies as billionaires with zero fees.
Opportunity is still there but lifestyle inflation and status games have put blinders on a majority of the younger generation. Don’t go on bachelor parties to the Maldives when you don’t own a house yet. Don’t lease a BMW that’s a quarter of your monthly income. Everyone is cosplaying wealth without building it first.
People spend money they don’t have trying to look successful, then convince themselves the system is broken when they can’t afford a house. The system isn’t broken. Their spending is preventing them from the success they want to project.
You have more control over your financial future than any generation in history.
What’s changed is leverage. Humans have more leverage available to accomplish things than ever before. A single person with a computer can reach millions of customers. One developer can build software used by millions. One creator can influence global conversations. One investor can own pieces of companies worldwide.
Your great-grandfather needed massive capital and dozens of employees to start a business. You need a laptop and an internet connection. He needed to be in the right city to access opportunities. You can work with people anywhere. He was limited by the knowledge in his local library. You have access to all of human knowledge instantly.
What leverage can you use? Code is leverage. Media is leverage. Money is leverage. Networks are leverage. Specialized knowledge is leverage.
You can choose where to live. You can choose what to study. You can choose what skills to develop. You can choose what to own. You can choose how to spend your time and attention. These choices compound over decades into completely different outcomes.
The world is richer, more connected, and more full of opportunity than it has ever been. AI is about to make everyone more productive. Energy is getting cheaper. Information flows freely. Capital flows to good ideas faster than ever.
You live in the most prosperous moment in human history, with tools and opportunities your ancestors could never have imagined. The future belongs to those who realize this and act accordingly.
Every generation faces uncertainty. Your parents worried about the Great Financial Crisis. Your grandparents lived through the Cold War. And before that was the existential crisis of World War 2. Each generation has overcome and found ways to build meaning in the midst of chaos. Your challenges are different but not insurmountable.
So as you begin building wealth in this new world, remember the words that John Paul II spoke to young people facing their own uncertain times: ”Be not afraid.”
You can do this.
Books That Will Change How You Think About Money
The Psychology of Money by Morgan Housel - The best book written about investing behavior. Will save you from making expensive emotional mistakes.
Poor Charlie’s Almanack by Charlie Munger - How to think clearly about anything, including investing. Expensive but worth it.
The Wealth Ladder: Proven Strategies for Every Step of Your Financial Life by Nick Maggiulli - A comprehensive guide to building wealth through every stage of life.
The Almanack of Naval Ravikant by Eric Jorgenson - Everything you need to know about building wealth through ownership and leverage. Available free online.
Die With Zero by Bill Perkins - A rethink about retirement and making your wealth work while you’re alive, rather than giving it all away when you’re dead.
How To Get Rich by Felix Dennis - What it really means to get rich, what it takes, what you lose, and what you gain.