Schwab Network

Jeremy Schneider: "Buy and Hold Forever"

17 snips
Feb 10, 2025
In this engaging conversation, Jeremy Schneider, founder of Nectarine and author of Personal Finance Club, shares his remarkable journey from near poverty to millionaire status. He discusses vital steps for building wealth, including the importance of frugality and the necessity of investing in index funds. Jeremy shares valuable insights on overcoming investment fears and avoiding debt traps. He also emphasizes his mantra of 'buy and hold forever,' encouraging listeners to take charge of their financial future with confidence.
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ANECDOTE

Turned Down Microsoft

  • Jeremy Schneider turned down a Microsoft job offer after college.
  • He wanted more impact than being a "cog in the machine."
ANECDOTE

RentLinks Beginnings

  • Jeremy started RentLinks with $6,000, selling websites to landlords.
  • He iterated for years, eventually creating a service to syndicate apartment listings.
ANECDOTE

RentLinks First Year

  • Jeremy's first year with RentLinks yielded only $14,000 in revenue.
  • He lived on credit cards, driven by persistence despite initial struggles.
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