“Go back to high school, walk down the corridor and look at what sneakers everyone’s wearing, what phones they use, what computers they’re on, what they do in their spare time, and what social media they’re on,” Tuchman advised. “Buy a little bit of each one of those companies.”
Tuchman also highlighted the power of passive investing through index funds.
“There’s a number out there that says at the age of 18, if you put $250 a month into the S&P 500, which is a basket of 500 stocks, at the age of 60, you’ll have more than $1 million,” he said in the video.
“I almost died of COVID,” Tuchman said in the TikTok. “I was given three months to live.”
“I love what I do,” Tuchman told The School of Hard Knocks. “I don’t need to post a bunch of pictures of me on the back of a Bugatti with stacks of $10,000. But if I can share what I found, I don’t want to be on the mountaintop all by myself.”
His final piece of advice? “Find something you love to do, get really good at it, and embrace the younger generation.”
You can watch the full video featuring Tuchman below:
