Overview

This essay sheds light on unconventional investment strategies for how to retire young in your early twenties and elucidates how to become wealthy at a very young age. Moreover, what every student wish they knew and were never taught is delineated in this essay. In the digital era, retiring in your early twenties in more viable than any time in history, especially with the monetization and global digital distribution capabilities of social media platforms. An exorbitant amount of Millennials who have taken the circuitous path through life have been able to retire prematurely in their early twentieth as a result of their business acumen, marketing shrewdness, unwavering self-discipline, and years of strategic hard work. These early retiree Millennials understand the sacrosanct value of time, the earnings potential of entrepreneurship and personalized brand building, the long term value of creating and buying income generating assets, and the financial outcome of accruing compound interest from their investments overtime. The early retiree Millennials often embrace a minimalist life and have abstained from hemorrhaging their time. They forgone being pursuant of worthless degree programs that bear lofty tuition costs and egregiously massive opportunity costs. They understand that college students and graduate student who have taken the traditional educational college and graduate school path through life have dire qualms about their major educational decisions. It is disconcerting to hear that engineers succumb to being pizza delivery drivers, doctors succumb to working as day labors on farms, and lawyers even concede to being Uber drivers in order to generate income in the digital era. If earning a college degree, graduate degree, or even a doctorate cannot even help you attain a job, then it is unequivocally worthless. Unconventional investments strategies for how to retire young in your early twenties are not for everyone to being pursuant of and require you to make extreme concessions to undergo. First, from a young age, Millennials who are able to retire early will embrace a minimalist life. They understand the value of their precious time and want to desist from ever making needless purchasing decisions so that their money can work for them. They would prefer to grow their wealth rather than always work for their money. They will invest as much money as they can into income generating assets, such as index funds, bonds, or stocks that have high dividends yields. They will also abstain from ever spending money when possible and may even have stop loss orders pending to safeguard their wealth, such as by having their stocks automatically sell if their market valuations plunge 10% below the initial stock purchase price. Stop loss orders can be used to help investors mitigate the risks of investing in equities by allowing them to limit their losses in the event the stock price continues to plummet below the initial stock purchase price. These minimalist Millennials undergo extreme measures to protect and grow their wealth. In other words, they will attempt to cut costs in all areas of their life, such as by living with their parents to circumvent paying rent or sharing a car with others. They scarcely buy material possessions and only purchase the items they absolutely need. They abstain from eating out at restaurants, taking vacations, paying for subscription based services, and even desist from partaking in activities that cost money to pursue, such as joining a sports league. By avoiding debt at all costs and materialism, and by capitalizing on the wealth generating power of accruing compound interest instead of procuring needless items and services, they can minimize the time they spend in the workforce as adults. The greatest advantage to being pursuant of this unconventional investment strategy entails allowing you to avoid debt and not having the burden of paying hundreds of dollars in accruing interest fees every month.

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