About this Video

• Video Title: How We Become Millionaires: Our Top Investments | Vanguard, Schwab, Fidelity (Updated 2025)
• Channel: Our Rich Journey
• Speakers: Christina (primary speaker), Aman (mentioned)
• Duration: 10:40

Introduction

This video explains how index fund investing helped the speakers, Christina and Aman, accumulate millions of dollars and achieve financial independence. The video details their investment strategy, focusing on specific index funds from Vanguard, Schwab, and Fidelity, and offers advice for new investors.

Key Takeaways

• Index Funds for Millionaires: The speakers used index funds from Vanguard, Schwab, and Fidelity to build their wealth and retire early.
• Consistent Investing: The speakers emphasize consistent monthly investing, highlighting that significant income isn't required to build wealth.
• Total Stock Market vs. S&P 500: They explain the difference between investing in a total stock market index fund (broader diversification) and an S&P 500 index fund (top 500 US companies).
• Specific Fund Recommendations: The video provides detailed information and comparisons of several specific index funds from Vanguard (VTSAX, VFIAX), Schwab (SWTSX, SWPPX), and Fidelity (FZROX, FXAIX), including expense ratios and performance data.
• Importance of Low Fees: The speakers stress the importance of choosing low-expense-ratio index funds to maximize returns.