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Stephen ✅
0c3252be084e6b4eded527c095e6b04be053c08adfb9216b1735e6f1fac01c5d
Founder member @noah_hq

Lots of people struggle when it comes to #money

Some people take the time to increase their #financial intelligence

👉🏻 Take the time to learn about money and money will look after you

To #retire early you need to be “#financially independent”

You need to be able to live without the need to ‘earn money’ through traditional work

#Passive income is one answer, which can be earned from #investments

Shares vs Bonds?

Buy #shares and you are buying partial ownership of a company

Buy #bonds and you are making a loan to a company

Shares are more volatile but have greater potential for growth

Bonds are less volatile but lower growth

A diversified portfolio would include both

The 70s & 80s were my “era”, but I have found a lot of other good stuff to like over the years. Some by listening to what my children recommend and some through Spotify or other influences across social media.

What made you decide to delete it and what do you use in its place?

Active vs Passive funds?

Active funds are managed by a fund manager with the aim to ‘beat the market’

Passive funds, aim to replicate the market, or ‘track’ an Index

Passive funds have lower fees and sometimes perform as well as active funds

Thanks - arrived in my wallet thanks so looks like this works 👍🏼

Can someone send a small zap to test my wallet?

#plebchain

Income (INC) vs Accumulation (ACC) funds?

If you want to withdraw dividends/interest to provide an #INCOME then income funds will allow you to do this

If you want to reinvest any dividends/interest then accumulation funds do this for you - this will give you ‘compound interest’

Don’t procrastinate - it’s the thief of time

Start now

It doesn’t have to be perfect, just make a start and improve as you go along

In the UK

39% of adults don’t feel confident managing their money

11.5 million have less than £100 in #savings

Nearly 9 million are in serious #debt

If you understand #finance even slightly better than your family and friends, then you are the teacher they need

Life is too short to worry about what others think of you

Because here is a little known secret……

They aren’t thinking of YOU

Will you look back on your life and be glad you made that leap you are thinking of right now?

Or will you be looking back, regretting that you let the moment slip away?

#finance #music

I don’t think there are that many people on here compared to eg Twitter. I guess it will grow with time.

Finance, investing, money, early retirement, financial freedom. That sort of thing.