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Save Early... Retire Sooner | The Simple Steps To Become A Millionaire 

Touchstone Education
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Do you understand the "Rule Of 72"? 👀
Join Paul Smith and special guest, Bishoy, in this insightful episode as they dive into the essentials of financial good housekeeping.
Discover how Bishoy leverages index funds for diversification and low fees, and learn from Paul as he breaks down the "Rule of 72," illustrating how compounding interest can double your investments!
Bishoy shares his personal journey towards financial independence, emphasising the power of early saving and investing to build income-generating assets. Get practical tips on maximising your financial health: invest in pensions, open a stocks and shares ISA, and explore property investment. Understand the benefits of Self-Invested Personal Pensions (SIP) and Small Self-Administered Schemes (SSAS), and gain insights into managing your pension effectively.
Plus, don't miss Paul's expert advice on utilising tax-free allowances to boost your investment returns. Tune in and take the first step towards financial freedom!
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16 окт 2024

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Комментарии : 28   
@beckyw6141
@beckyw6141 2 месяца назад
where do you find out about index funds and if you opted out of your workplace pension and invested in a SIPP is this good?
@PaulSmithTouchstoneEducation
@PaulSmithTouchstoneEducation 2 месяца назад
Maybe.. I hope this video made you curious
@AJ-ov8ux
@AJ-ov8ux 3 месяца назад
Hi Paul, so insightful listen to your conversations. You mentioned £230k number= pension £60k tax year 2024/25 allowance+£20k ISA=80k. Could you enlighten me where the reminder £150k would come from please. Thank you
@chrisanstis
@chrisanstis 3 месяца назад
What when they do not renew the lease, how long on average to replace the tenant
@PaulSmithTouchstoneEducation
@PaulSmithTouchstoneEducation 3 месяца назад
With the correct property in a high demand area it is very fast. My last empty property took one week to find a new tenant.
@mazboengineer
@mazboengineer 3 месяца назад
Great video Paul 👌🏼 Bishoy is an inspiring role model for his generation. With his mindset he is absolutely right on track to smash his wealth & pension goals!
@PaulSmithTouchstoneEducation
@PaulSmithTouchstoneEducation 3 месяца назад
I totally agree he is inspirational. Thank you for watching!
@bishoyabdou2949
@bishoyabdou2949 3 месяца назад
Thank you, that’s very kind 😊
@bishoyabdou2949
@bishoyabdou2949 3 месяца назад
Pleasure to chat to you as always Paul, until our next catch up 😄
@PaulSmithTouchstoneEducation
@PaulSmithTouchstoneEducation 3 месяца назад
Indeed, thanks again Bishoy. Paul
@Kelvin-rw4kb
@Kelvin-rw4kb 3 месяца назад
How do most of you guys still make profit, even with the downturn of the economy and ever increasing life standards
@-vv3rv
@-vv3rv 3 месяца назад
Well, I picked the challenge to put my finances in order. Then I invested in cryptocurrency, stocks, through the assistance of my discretionary fund manager
@-vv3rv
@-vv3rv 3 месяца назад
She's Stephanie Aaron Trentham
@gaspardfigueroa
@gaspardfigueroa 3 месяца назад
This is correct, Stephanie strategy has normalized winning trades for me also, and it's a huge milestone for me looking back to how it all started.
@Kelvin-rw4kb
@Kelvin-rw4kb 3 месяца назад
Please educate me. I've come across this name before. Now I am interested. How can I reach her?
@Holler-cy8vn
@Holler-cy8vn 3 месяца назад
Yes, I agree with you. Her platform is wonderful, and her strategies are exceptional
@loonster72
@loonster72 3 месяца назад
Great basic advice, that is very simple to follow
@MichaelWilliams-lo3ix
@MichaelWilliams-lo3ix 3 месяца назад
Brilliant
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