Saving is deferred consumption. There are all sorts of good reasons to save - a new car, an annual holiday, a house deposit. Almost everyone has savings with these and other goals in mind. The enemy of deferred consumption is inflation. Over the short term, it may not be noticeable…| uncountable thoughts
There are four principle components that influence how much wealth you can accumulate over a working lifetime. Your ability to achieve financial independence will depend on how focused you are at managing them. In order, these factors are: Regular contribution Maximising tax shelters Temperament Investment return Inexperienced investors often assume…| uncountable thoughts
If you choose to invest in equities, you also need to select a strategy to guide you on that journey. Once you start to implement that strategy, you will do so in one or more markets around the globe. This implementation mix will define a benchmark total market return for…| uncountable thoughts