Investment Insights
Investments do rise and do fall in value and we strongly advise that professional advice is taken before investing your money
In order to become rich, you must start somewhere, ‘at the beginning’.
If you do not what to be a slave to the system, then you need to plan to buy your freedom so that you are no longer a slave. The first thing you must do is ‘pay yourself’ and that needs to be around 10% of your income, what 10%? Yes, at least! You must then live on the remainder, and you will surprise yourself because I bet you will not actually feel any real difference once you adjust. As you progress through time your wallet will start to fill, but do not be tempted to spend what has been accumulated, if you do, then you will always be a slave and will fail. Keep one eye on your heart’s desires of what your future will look like and the other eye on how to make this money start to work for you. If you invest well your money will produce more money and this money will also in turn be working for you and your family's future. So, through the benefit of compounding returns your money accumulates faster. So, now you know, there is no great secret, you simply need to spend less than you earn and invest wisely! Remember, from small acorns do big oak trees grow. #financialfreedom#liveyourbestlife Leave a Reply. |
AuthorSteven is a Fellow of the Personal Finance Society, whom is passionate about investing and getting the most from your money. Archives
February 2024
Categories
All
|
Home |
About US |
Personal Services |
Corporate Service |
Contact Us |
Steven Mufti & Associates Ltd is authorised and regulated by the Financial Conduct Authority.
Financial Services Register Number 607613. Registered in England & Wales, Company number 8664240. Registered Office address: 27 Armitage Court, Ascot, Berkshire, SL5 9TA. Telephone: 01344 623811 Email: advice@smawm.co.uk The guidance and or advice contained within this website is subject to the UK regulatory regime and is therefore primarily targeted to customers in the UK. The FCA does not regulate taxation advice. The value of your investments may fall as well as rise. Financial Conduct Authority register: https://register.fca.org.uk/ShPo_FirmDetailsPage?id=001b000000NMlk7AAD |
1/4/2022
0 Comments