Welcome to the Growth Stacking Podcast. This is Dan Martell.

I discovered the best investments you can make in 2024. Ray Dalio, the famous investor, once said,

the person who lives by the crystal ball will eat shattered glass. It means that the people

who lose their money are the ones that are looking

inside the crystal ball, always trying to predict the future, making investments on trend

speculations or emotions. That's why I want to share with you the best investments you can make

today to actually get ROI so you don't eat shattered glass. The first vehicle is index funds.

At 26 years old, one of my mentors

told me to take half of what I'd made at the time and I've earned and put it into a stability

bucket, essentially an investment where I wouldn't lose my money. So what I did is I dollar cost

average myself into the index funds. Why? Because it didn't take any thinking. You know, a long time ago,

I was reading books on investing and I came across like John Bogle's book on index funds and many

others. And the whole idea is that if you can get a low cost fee structure, then you dollar cost

average yourself into it. It doesn't sound very sexy or a lot of fun. I'll get to those in a second.

But it's definitely

the way for you not to lose your money by being emotional all the time, right? I see a lot of people invest in stuff where it's too liquid. It's too easy to come in and out of, but if you're trying to play for the long game and say, this is the money I never want to lose, I'm building my wealth fund, it's going to compound that I can't think of a better investment than index funds.

Even Warren Buffett said it. He said, you know, if I pass away today and my family had to take over the money, let's get out of active management. Let's just take all that money, put it into an index fund, and then my family can live off of the dividends every year. This investment is for people that are unwilling to learn, they don't want to think, they've got their main business, they got their main job, and they just want to invest in things. They don't want to be emotional about it. There's nothing better than low-cost fee index funds. You don't want to do mutual funds. I mean, if you look at a long game over a 25-year period, you might lose 40 to 50% of the value of your investment as a bucket just because you're paying other people's fees and that compounds over time. Index funds have some of the lowest fees because you're not paying for active management. Whereas in a mutual fund, you're paying somebody to manage it and they got all these little hidden fees. They oh no we're low fees no you're not if you

look at the actually fine print they can raise their fees lower like over the time that you deploy

money into their fund and if you move it around it's not the right way to do it you know i like

vanguard index funds you can choose whichever ones but you want to find stuff have a decent

portfolio and just

set it and forget it.

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