Afford Anything Q&A: My Friend Won’t Invest - How Can I Help?
15 snips
Sep 23, 2025 Mike shares his journey toward financial independence while helping a friend whose spouse resists investing. Michael discusses tracking his net worth and the moment investment returns will eclipse savings. Alvaro contemplates whether to finance an ADU for rental income or expand his family home. Jonathan questions the shift in investment strategies, weighing the efficient frontier against a simpler approach. Insightful discussions unfold as Paula and Joe provide guidance and tackle these real-life financial dilemmas.
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Start Small With Conservative Index Funds
- Start one spouse investing with their separate funds if the other resists the market.
- Use conservative broad-market index allocations to reduce fear while showing growth over time.
Leverage Dividends To Build Comfort
- Use dividends or dividend-paying indexes to calm nervous investors by showing tangible cash returns.
- Reinvest dividends to buy more shares during dips and demonstrate compounding in practice.
Use Third Parties To Lower Resistance
- Use third-party stories and events to introduce investing without personal pressure.
- Invite skeptical friends to neutral community events to reduce defensiveness and increase curiosity.
