We have no control over market movements, taxation issues, the growth of the economy, regulatory changes, the behavior of other investors and many other forces which influence our portfolios. Given that fact, what is the best investment that we can make?
Increasing our savings rate is arguably it!
By saving the right amount and by investing it correctly we can continue our working years’ lifestyle into retirement.
- So, what is the right amount?
- Which is better, paying off debt or saving?
- Is paying down leases and business loans and thus building up the value of our business the same as saving?
- How do we invest correctly?