Passive investing is inherently simple. That is a big part of the appeal. Even so, until you understand the fundamentals of why it works, you cannot have full confidence in the passive investment strategy. Get up to speed quickly with these must-read finance books.
Which day of the month should you set your direct deposit? For the passive investor, once you’ve chosen your fund, the only decision you need to make is the day of the month it goes in your account. What can we learn from historic pricing?
Why are we not teaching financial independence in schools? Is it a grand conspiracy or are there practical reasons not to? Becoming financially independent is a solid goal, but seemingly ignored in education.
A large portion of the market is investing passively, and that number is growing. The low cost and great historic returns have made it a no-brainer for many of us. Is it a house of cards, and will it ever come falling down?
The right option for you is going to depend on your personal goals, your health, your age and more. Here are the factors you need to consider.
Here is a simple & sensible approach to save for a child future. I wrote this for my sister originally and have adapted it for both US and UK audiences.