A while ago, I started my financial independence journey and set sail towards my early retirement with a goal of $2M in family net worth. Once I started this journey, I met a variety of people from bloggers, to families and friends to the casual strangers on the way. Very often, I would get Read More …
Category: Freedom 48
Blog topics that document my personal journey to financial freedom by age 48.
Freedom 48 Investment Toolkit: Foreign Market Investment Basics
When investing your money, it’s important to diversify your investment into different types of assets (such as stocks, bonds and real estate), different segments of the stock market (such as financials, consumer staples, utilities, technologies, telecommunications, etc.) and different regions of the world (such as North America, Europe, Asia, etc.). However, for a small and Read More …
Freedom 48 Investment Toolkit: Minimizing Your Income Tax
Before attending my first business class in university, I had always known that if I make any income, I’d have to pay income tax to the Canadian government, but I did not know approximately how much I’d have to pay. I think that I am a law abiding citizen and I am getting free health Read More …
Freedom 48: The journey to financial freedom
I’ve always wanted to retire as early as I can, by that I mean I will have the freedom to choose what I want to do once I’ve achieved financial freedom. However, I’ve rarely given any thoughts to a fundamental question, “How much will I really need to be worth on the day that Read More …
Part 4: My Million Dollar Journey
If you missed it, here is the link to Part 3: My Million Dollar Journey Friends with benefits I see the smirk on your face and know what you’re thinking. It’s not that type of benefits, it’s the benefit of combined assets and risk diversification. I can’t think of a better quote to start Read More …
Part 3: My Million Dollar Journey
If you missed it, here is the link to Part 2: My Million Dollar Journey Every parent’s worst nightmare During the last quarter of 2012, our daughter did not have many words in her vocabulary comparing to other kids her age. By early 2013, not only did she not improve her vocabulary, she lost Read More …
Part 2: My Million Dollar Journey
If you missed it, here is the link to Part 1: My Million Dollar Journey The road to recovery The financial market continued to crash until March 09, 2009. After that, the slow and painful recovery began and stock markets around the world started to recover from their massive losses. Governments around the world Read More …
Part 1: My Million Dollar Journey
A few years ago, during a casual family dinner conversation, my father-in-law said, “Earning your first bar of gold is the hardest.” I couldn’t remember the exact context of the conversation nor knew the exact meaning of: “bar of gold.” How big is a bar of gold? Is it the size of a piece Read More …