
76. Part-time work. Full-time life.
The Happy Saver Podcast - Personal Finance in New Zealand
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Financial Independence - The Four Percent Rule
A large part of your wealth goes into the share market you might have housing too but not necessarily the premises. You invest into just one or two broad based low fee index funds that buy what is referred to as the whole share market. Instead of picking and choosing individual companies such as Amazon or Tesla you simply buy all of the top companies for that country. The poor performing companies fall away and are removed replaced instead by the beta performing companies it is self cleansing and the investor does not need to buy and sell it's all automated by fund managers over a period of years.
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