Figuring out whether you should rent or buy is a big decision, and an incredibly personal one depending on your lifes circumstances
The debate of whether to invest in shares (stocks) or property (real estate) is one that rages on in the investment community. Whilst there isn’t actually a right or wrong answer, what you choose to invest in really depends on the kind of investor you are.
Financial Independence gives you the choice to direct your time and energy into the things that you truly value, rather than the things that don’t (like working that 9 to 5 grind…). It’s about working out what you value the most, and empowering you to have the freedom of choice. This uses the core principles of mindfulness and minimalism.
Everyone eats right? Check out our guide on finding the best grocery store for reaching FI
If you do smart things with money for long enough, those around you start to take notice. There is no doubt that you’ll stand out because money sense is not common sense!
Captain FI Net Worth update for December 2019 | +$12,432 and Savings rate of 76% | 2019 in Review
So once you have decided on your strategy to reach FI, figured out which stocks and ETF funds to buy and then gone out and bought your stock, how do you manage your portfolio?
A safe FI withdrawal rate is the rate at which you can safely, and comfortably withdraw money from your investment portfolio during your retirement phase of living
November is done and we are well and truly into the end of the year – This month has been good and I have managed to grow the net worth by over $12,000.
Most countries have a retirement plan that gives employees an incentive to save for their retirement. This usually takes the form of tax concessions or matching contributions.