Have you ever delayed selling a stock because you wanted to wait until that stock’s price climbed back up to your purchase price? If so, you’re probably incurring a cost: opportunity cost is forgoing the…
PREVIOUS RELEVANT POSTS My journey to financial freedom Financial freedom: how to get it The math behind getting financial freedom WHY INVEST IN STOCKS If you read the last post referenced above then you have…
PATH TO FINANCIAL FREEDOM Achieving financial freedom means passively generating enough income so that you may spend your time as you wish rather than to support your lifestyle by working, which is really trading your…
Below is something that I wrote in March 2015. I’m reposting it here to illustrate that always living below your means and investing the excess will build up wealth. As you earn more, it’s important…
Imagine being able to make important life choices without money being a major factor. Imagine being able to spend your time how you choose as opposed to having your time allocation dictated to you by…