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the financial freedom blueprint – here it is
financial freedom is the state where your money is working for you – you don’t have to exchange your time for money anymore – you can live off your investments
it’s very simple
- learn to live on less than you earn
- have no debt
- save 50 % or more of your income – use side gigs to earn extra money if you have to
- put all your savings to work – there is nothing better than the stock market to build wealth – invest your money in the stock market
if you are not an expert in the stock picking , choose an index fund – they are low cost and mimic the stock market indices .
after 15 years of investing , you should have enough to retire . learn to live on 4 % or less of your capital.
- Here are some stocks in the usa that have been on a tear in the last 5 years
- you can see their appreciation in the last five years as follows
- go to finance.google.com
- type in the stock symbol and choose a period of 5 years
Past performance is no guarantee of future results – with that disclaimer and that investing in stocks is risky because it can lead to loss of capital , here are some stocks in the usa that have given fantastic returns over the last 5 years or so
- amazon (amzn)
- square (sq)
- microsoft ( msft )
- netflix (nflx)
- shopify (Shop)
- facebook (fb)
- adobe (adbe)
- paypal (pypl)
- tesla (tsla)
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