Boring Investing
Search documents
Kevin O’Leary reveals the powerful payday tactic his mom used to build wealth. Make 10x your income without more work
Yahoo Finance· 2026-01-31 14:00
Core Insights - Kevin O'Leary advocates for consistent saving and boring investing as a path to financial success rather than hustle culture and long working hours [1][2] Group 1: Investment Strategy - O'Leary emphasizes the importance of avoiding small but frequent overspending, which can significantly impact long-term wealth accumulation [1][2] - He recommends saving a fixed percentage of income, specifically 15%, and investing it in low-cost index funds to achieve substantial financial growth over time [4][5] - The S&P 500 index has shown an annualized return of 14.78% over the past decade, highlighting the potential benefits of investing in index funds [6] Group 2: Financial Behavior - The average American worker saved only 4.5% of their income in 2025, indicating a gap in savings behavior compared to O'Leary's recommended 15% [5] - By saving $180 weekly, which totals nearly $9,400 annually, individuals can significantly shorten their path to financial freedom compared to their peers [5] - O'Leary's approach is rooted in lessons learned from his mother, who successfully built wealth through consistent, conservative investment strategies [2][3]