As a business owner the single best benefit you have is contributing to a Solo 401k or SEP-IRA. You can contribute much more into these than an employee can in

As a business owner the single best benefit you have is contributing to a Solo 401k or SEP-IRA. You can contribute much more into these than an employee can in a typical 401k. It will also help come tax time. I recommend setting one up and maxing it out every year. As for what to invest in, just go with boring index funds with the lowest expense ratio possible. There is no reason to get cute with investments. Upping your savings rate will do more to build wealth than anything. Let compound interest do the rest. Finance and wealth building is mostly psychological. Thinking you're smarter than the market is a fools errand because you can't control it. Work on the things you can control like your income and savings rate. Increasing your sweat equity is something you have direct control over as well as how much you spend. Optimizing those will have huge effects on your long term wealth path.