Environmental, Social and Governance (ESG) Investing
What is it?
ESG investing is the idea of investing in companies that are better for the environment, society and have responsible management.
What is the FIRE (Financial Independence, Retire Early) movement?
It is a lifestyle movement where the goal is to achieve financial independence and retire early, rather than depending on the traditional 9-5 lifestyle. An individual drastically cuts down on expenses, increases their income and invests their savings wisely to grow their assets. The aim is to grow their assets enough that they can live off small withdrawals from this; they live off their passive income. Often individuals aim to retire in their 30s or early 40s.
Human Economic Lifecycle
This is the stereotypical traditional pattern of spending humans have in their adult lifetime.
Is peer to peer lending worth it – Innovative Finance ISA Individual Savings Accounts (IFISA)?
Individual Savings Accounts (ISAs)
These function like savings or investment accounts, but with additional benefits. Any increase in your money, from interest on savings or gains on investments, are tax free forever. You do not need to declare the growth on your tax return.
Do you want a 25% government bonus saving for your first home or retirement: Lifetime ISAs
Individual Savings Accounts (ISAs)
These function like savings or investment accounts, but with additional benefits. Any increase in your money, from interest on savings or gains on investments, are tax free forever. You do not need to declare the growth on your tax return.
Put your money to work – the power of compound interest
Compound interest is the magic behind why investing your money is so worthwhile. This is how you make your money work for you, even while you sleep – also known as a passive income.
Stocks – the long and short of it
Stocks, also know as shares or equity, are a portion of ownership of a company. Its like owning a very small piece of the pie with the company as the pie!