πŸŽ™ How do you become a millionaire on autopilot? You invest in ETFs and hold on for the long haul. This is a super simple and effective way to build wealth, and reach FIRE. ETFs have been gaining in popularity over the past few decades - but what are they and how do you invest in them? πŸ€”

This episode discusses topics like:

🌟 Why ETFs are perfect for lazy investors and beginners just learning how to invest;

🌟 How ETFs can make you a millionaire without any extra work and effort on your part β€” even while you sleep; and

🌟 How to get started if you’re ready to invest in ETFs and watch your wealth explode.

Links from this episode:

Typical MER for passively managed fund

Vanguard ETFs

Black Rock - iShares ETFs

Beta Shares ETFs

SelfWealth - $9.50 flat brokerage with no commissions and no minimum investment amounts

Time codes:

00:00 Hello & Welcome! - https://www.papermoneyco.com

01:39 What are ETFs?

04:18 How Do ETFs Work?

08:31 Why You Should Invest in ETFs

12:31 Risks of Investing in ETFs

14:56 How to Trade and Invest in ETFs

18:56 How Much Should You Invest in ETFs

19:40 Next Weeks’ Episode

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The advice shared on Girl on FIRE is general in nature and does not constitute financial advice. The information shared does not consider your individual circumstances. Girl on FIRE exists purely for educational purposes and should not be relied upon to make an investment or financial decision.