Saving money and investing it somewhere is more important to becoming financially independent than having …
Investing
Investing is vitally important to achieve financial independence.
You might have heard that “money makes money”. That’s only partially true. Yes, you can use money to get more money, but the only way to do that is to put it to work.
Investing means putting your money to work in something that you hope will grow your wealth. Because inflation eats away at cash savings, investment for financial independence usually means buying an asset that grows in value or makes a yield.
Index funds are the classic financial independence investment, but I also dabble in private companies, gold and crypto. Maybe one day I’ll own real estate, too!
All the posts below track my approach to investing as I continue on my financial independence campaign.
Crypto is amazing, but FI investors should beware volatility
Yesterday, crypto prices dropped a dramatic 40%, which should remind investors of the asset class’ …
How to use price to book value to buy cheap investments
Price to book value (or price to book ratio) is a way to value a …
High risk, high reward: invest in startups and venture capital
Thanks to modern innovation, you can invest in startups in the UK. This isn’t a …
Why diversification is super important for financial independence
Why do you need diversification in a financial independence campaign if stocks average 9% a …
How to buy gold for diversification
I’ve alluded to this previously: I buy a bit of gold as part of my …
Can cryptocurrency interest become powerful a financial independence tool?
Love it or hate it, blockchain and cryptocurrency technology is a great technological development that …
Is it better to invest in an ISA or pay more into my pension?
ISAs and pensions – SIPPs, workplace pensions, SASS, GPPs – are the simple route to …