SpeedReader<\/p>\n
Book: Building wealth and being happy: a practical guide to financial independenceAuthor: Graeme Falco Publisher: Graeme Falco 2016 http:\/\/www.amazon.com\/dp\/B01MXRXM1APrice<\/a>: $11.99, Kindle $3.99 <\/p>\n WHO ITS FOR: People who want to get rich slowly over many years and retire early <\/p>\n MORE SPECIFICALLY: Those who want to know how to achieve financial independent but also how to find happinessapart from the dollar amount in our investment accounts. <\/p>\n DOES IT BUST ANY MYTHS?:Yes, that there are legitimate reasons to have a home country bias in your portfoliofavourable tax treatment for domestic stocks being one of them. And while there is no clear right answer to this asset allocation question, Canadian investors can reasonably defend an allocation made up of anywhere from 4% to 30% Canadian equity. <\/p>\n DOES IT TOUCH ON ANY OTHER INVESTMENT THEMES?: Of course, the booktalks about ETFs, stocks, asset allocation as well as taxes for someone setting themselves the goal of generating passive income for early retirement. It also talks about real estate investing and bond investing, with an eye on how these productsand strategies can help you reachearly retirement. Its good for primer beginner and intermediate investors. <\/p>\n SURELY YOU CANT REACH FINANCIAL INDEPENDENCE BEFORE RETIREMENT?:Yes you can, and with a little planning, many people do. <\/p>\n WHY WE LIKE IT:It clearly shows how even though youre saving for financial independence, it doesnt mean you have to be a miserable penny pincher during the accumulation years to become financially independent at a reasonable age. <\/p>\n WHATS SURPRISING?:That financial independence doesnt have to coincide with retirement. Financial independence is achieved when income from passive sources (stocks, rental income, bank interest, etc.) exceeds ones expensesand that can be at any age. <\/p>\n ACTION ITEM:The saving and waiting part of financial independence is long, so learn to enjoy it <\/p>\n KEY TAKEAWAY:All too often people think that achieving financially independence will allow them to become the person they are really meant to be. But just as buying physical objects cant make you happy in the long run, a big pile of investments cant give you self-esteem or satisfaction from life. So remember to live in the present. <\/p>\n Read more: <\/p>\n<\/p>\n <\/p>\n Visit link:<\/p>\n How to win the endgame of financial independence - MoneySense - MoneySense<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" SpeedReader Book: Building wealth and being happy: a practical guide to financial independenceAuthor: Graeme Falco Publisher: Graeme Falco 2016 http:\/\/www.amazon.com\/dp\/B01MXRXM1APrice<\/a>: $11.99, Kindle $3.99 WHO ITS FOR: People who want to get rich slowly over many years and retire early MORE SPECIFICALLY: Those who want to know how to achieve financial independent but also how to find happinessapart from the dollar amount in our investment accounts. DOES IT BUST ANY MYTHS?:Yes, that there are legitimate reasons to have a home country bias in your portfoliofavourable tax treatment for domestic stocks being one of them. And while there is no clear right answer to this asset allocation question, Canadian investors can reasonably defend an allocation made up of anywhere from 4% to 30% Canadian equity. Continue reading