Living Off the Capital We Accumulate (4% Rule Explained)

Honest Money

English - September 14, 2020 06:00 - 17 minutes - 11.8 MB - ★★★★★ - 7 ratings
Investing Business Management investing finance money business personal finance wealth Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: Can I Use Debt to Buy Shares?

Next Episode: Financial Freedom Begins With This Strategy (ft. Stealthy Wealth)

Once we achieve our Financial Freedom goal, how do we go about drawing an income from our investments?

In this episode Warren Ingram and Yolande Botha, from Galileo Capital, explain how you should approach this. Warren shares an important "4% - 5% Rule" that you can use.

The following topics are also discussed:

Diversification of assets (shares, property, cash, bonds etc)Geographic diversification (investing offshore)

Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod