You asked us:
- How should those of us who have learned about investing and understand the meaning of these terms go about explaining these things to close friends and family who haven’t?
- How can I be more patient? I want to be a long-term, passive investor but find it difficult not to want to tinker.
- How we can effectively save for our children's future?
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Disclaimer:
This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.