For those who have the perfect indicators for when to buy or sell:
If you were to invest $10,000 into S&P 500 in 1993 and miss only 10 best trading days - your returns in 2022 would be less than half
Passive investing > active involvement 
Success comes in many different shapes
One thing that helped me personally - creating goals
I started by dreaming big and telling myself where I want to be in 10 tears time
Next, I broke it into annual steps I need to achieve
The last step - tracking the progress
I want to share with you the budget that I personally use on my journey to building wealth
I started with a simple 50/30/20 rule
WHY BUDGET?
I am a big believer that a budget allows you to jump into a driving seat of your personal finance
Not only you understand where your money goes but also allows you to make conscious decisions about your spendings
Budget can also speed up your asset accumulation journey
NEEDS - 50%
This is the biggest part of your expenses - things you can’t live without
You need to think here - this is the part of your budget that will be present no matter the situation you are in
WANTS - 30%
This is your entertainment budget
Move it to a separate card/account - this will make managing your budget a lot easier
INVEST - 20%
Investing should be done as a priority
The moment you are paid - get the direct debit to move the money into your investment account
The more you automate - the easier it will be to stick with it
MAKE IT PERSONAL
The best part about any budget - you can change the percentages and make it personal to you
I try to invest roughly 30-35% every month - this works the best for me 
Every so often I get reminded that path to success isn’t always just the positives and higher ups …
Every so often you need to be prepared to face a bottom as well
The skill is to pick yourself up, learn, adjust and turn the path upwards once again 
Bank of England increases their basic interest rate by further 0.25%
Interest rate now stands at 4.5%
How much further do you expect this to go?
Have your savings account interest rates increased in line with this?
Opportunity cost is often not taken into account
Buying a car at £400 per month has an astonishing cost!!
In the first 5 years you spend £24,000
£400 invested at 10% annual yield is worth £31,600 after 5 years
Leave it another 25 years without adding a penny - you have £381k
🇬🇧 bank is offering 100% mortgages once again
It has been 15 years since we had these last time
What’s your view on this product?
I start my every day in the exactly same way
I make a coffee and grab a book
One is helping me to learn and level up, the other one is the small pleasure I get from an everyday thing
For those new to investing:
Buying during market crashes is great!
Your money will buy you more assets than it did before the crash
Commit to growing daily!!
Make little steps each day to be a 1% better person than what you were yesterday
Tiny changes daily will compound to a massively different person over time
People are afraid to start #investing yet the formula is simple:
- find an index fund you like
- keep adding to it
- reinvest the #dividends
- do nothing more
Time and compounding will take care of you and your future
I love buying assets!!
Every £££ I spend ads up to my freedom fund
Once the fund reaches the 100% mark - what I do next is entirely my choice
Building wealth start with a commitment
You have to spend less than what you make
This is a simple formula to being able to say THANK YOU to your 9-5 eventually
When people complain about the current interest rates - this needs to be put into the perspective of historic figures
We are not even near what generations before is used to pay
When it comes to building wealth, planning life or even how you treat your waiter - you are in full control
Remember that you and only YOU control your:
- ACTIONS
- EMOTIONS
Be in control and accountable - the rest will fall into its place
Wealth isn’t measured in money
In my view - wealth is measured in the amount of freedom you have