- A basic introduction to the various types of asset classes that can be used to speed your journey towards financial independence.
- Covers Shares, Bonds and Real Estate investments and establishes the difference between speculation, investing and hedging.
- A basic introduction to tax advantaged accounts and why you may or may not want to use them.
- Approximately 4800 words.
The second most important concept in FI is making your money work for you. Most people reading this will be living in a western capitalist society. Capitalism, is based upon the ability of Capital to earn a return. Your money is a form of Capital, therefore there is no reason why it cannot be making a return for you.