I love weekends! I get to recharge, spend time out and about as well as be around people I love the most
S&P500 has delivered 17,715% growth from 1930 … if you would miss only 10 best trading days in each decade - total growth would be 28%
You decide if you want to try to time the market or invest for the long run
Not a great day for markets today - a lot of red
This however means that long term investors can buy cheaper today than they could yesterday
People often look into how to spend less and cut the unnecessary from their budget … it is worth remembering that the max you can cut the expenses is 100% while you can increase your income infinitely
#Invest in #dividend stocks, reinvest the income and let the portfolio take care of your future needs
People either buy luxuries or invest in assets that pay for their luxuries - the choice is yours
Some people choose to rent instead of buying their own home
It is however worth considering the real cost of renting over long term. The numbers get real scary if you live in a city with expensive rent
https://money-hacks.co.uk/index.php/2022/07/13/buy-vs-rent-a-home-which-of-the-two-is-better/
Set up direct debit each week/month and #invest automatically - that’s the easiest way to long term #wealth
I’d also say things like books and meditation help your mindset
Having an emergency fund will definitely bring a lot of piece and calm to your life.
Keep this in high yield instant access savings account - this way your money works for you as well as you can use it in case of a need
What’s your view on 🇬🇧 house builders as an #investment? These currently offer really tempting #dividend yields
- Barratt Development = 8.0%
- Bellway = 6.5%
- Vistry = 8.0%
Acting for 20 mins per day gets you much closer to your goals than trying to come up with the perfect plan with no action