Hold your sails! If you're at this point where you're excited to invest because you've covered most of your personal finance then stop and take a deep breathe. Do know first which path you want to take in investing because blindly going through it is not a necessary lesson and can be avoided. To know more give this episode a listen!***Correction: I've said incorrectly at the opening of the episode that this is episode 11. It's already episode 12. Sorry sea jitters lolKey takeaways:-Answer this simple yes or no questions to know whether passive or active investing is for you. [01:99]-Active investing is a passion and can't be for everybody. [03:25]-It can be hard for seafarers to do active investing. [05:53]-The existential dread of active investing [09:18]-Passive investing is the way to go for most people. [12:00]-What is an index fund and why its so amazing. [13:31]-Why most seafarers, if not all, should be doing passive investing. [17:05]-Knowing your risk profile is a personal journey. [18:47]Reach out to me thru my email [email protected] also visit my facebook page https://fb.me/theseafarerinvestorpod

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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