This week, Sim breaks down the biggest lessons from The Millionaire Next Door and reveals why the people who look wealthy are often not the people who are actually building wealth. She explores the habits of self-made millionaires, the difference between high earners and wealth accumulators, and why professionals like doctors, lawyers, and business owners can sometimes struggle most with lifestyle inflation. If you're trying to grow your net worth, invest more effectively, and avoid the common money traps that keep people from building long-term wealth, this episode is for you.

Watch the episode on Youtube here

For more Friends That Invest:

Stock Market Tea newsletter: build financial freedom in under 5 minutes a week. Join 140,000+ investors in training.

Instagram

TikTok

Twitter

Facebook

Hosted on Acast. See acast.com/privacy for more information.

This week, Sim breaks down the major changes coming to popular index funds like the S&P 500 and Nasdaq 100 ahead of high-profile IPOs from companies such as SpaceX, OpenAI, and Anthropic. She explains how private markets have transformed investing, why index providers are changing their rules, and what these updates could mean for long-term investors. Sim also explores the risks, opportunities, and whether you should change your investing strategy or continue dollar-cost averaging through the noise.

Watch the episode on Youtube here

For more Friends That Invest:

Stock Market Tea newsletter: build financial freedom in under 5 minutes a week. Join 115,000+ investors in training.

Instagram

TikTok

Twitter

Facebook

Hosted on Acast. See acast.com/privacy for more information.

This week, Sim breaks down the latest Federal Reserve interest rate news and explains what rising interest rates could mean for your investments, mortgage, savings, and financial future. She explores why stock markets often fall when rates rise, how inflation and economic growth are connected, and what investors should expect if the Fed increases rates again. Sim also shares practical strategies for navigating market volatility, building an emergency fund, and staying confident as a long-term investor during uncertain economic times.

Watch the episode on Youtube here

For more Friends That Invest:

Stock Market Tea newsletter: build financial freedom in under 5 minutes a week. Join 115,000+ investors in training.

Instagram

TikTok

Twitter

Facebook

Hosted on Acast. See acast.com/privacy for more information.