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Financial freedom: What is it, and how can you get there? By Opinion By Lynn Bolin As we reflect on Freedom Day in South Africa, perhaps it is a good time to also think about the idea of financial freedom. Many people consider financial freedom to be something elusive, like winning the lottery. But in reality, it is more achievable than people think – provided you are prepared to adjust your lifestyle and expectations somewhat. Financial freedom generally means that you have enough money saved to maintain your lifestyle for the rest of your life, without being dependent on a monthly salary. You may choose to keep working, but you have the freedom not to if that suits you better. ....
The secret to investment success has never really been a secret By Opinion By Lynn Bolin Many people avoid investing out of fear that they wonât get it right. They worry that they donât have a head for numbers, or a finance degree, or that they donât read The Economist. But the âsecretâ to successful long-term investing is actually not a secret at all, and it is achievable by anyone. If you can make a plan and stick to it, you have what it takes to be a successful investor. The guidelines below will help. Clarify what your goals are ....