How Much Money To Save?
To get money (for an apartment, car, pension), you need to save it. The question is how much?
Financial Freedom: Three Stages
There are three stages of achieving financial freedom:
Compound Interest: What Is It And How It Works
Compound Interest is the most powerful force in the universe
Albert Einstein
Should you trust your money to hedge funds?
In 2008, billionaire Warren Buffett wagered $ 1 million with hedge fund managers (actively-managed funds with high commissions).
Warren Buffet recommends passive investments
Warren Buffett is the richest financier in the world, his investments have brought him a fortune of $ 76 billion (at the moment). In the ranking of the richest financiers, he takes 1st place by a wide margin, and in 2008 he was the richest man in the world according to Forbes.
Ray Dalio advises passive investments
Soros was once the King of speculation, but today's King is probably Ray Dalio, founder of the world's largest hedge fund and author of the famous How the Economic Machine Works video .