We break down the reasons why index funds are recommended as one of the best ways to invest for financial independence.
If you’re new to investing, index funds are a very simple way to invest in the sharemarket.
You effectively own a slice of all the largest companies (say the ASX 300 for example), and benefit from the returns they deliver over time. But you’ll learn that and a whole lot more in the episode! 🙂
(or download the mp3 file)
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I share my thoughts on moving from being ‘goal focused’ all the time, towards the ‘enjoyment phase’ of your life when you reach FI. And how to do this while still feeling productive, happy, and doing things that matter to you.
I look at the many pros and cons of DIY vs Outsourcing, and why the tradeoffs are different for everyone. I also share my approach and explain how to figure out what’s best for your situation.
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I assume Pat misspoke when he called himself “working class”.
Haha I actually don’t remember that bit. Pat is a high income fat-cat 😉