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5 Simple Vital Ratios to Track on Your Financial Independence Journey
By Investment Moats  •  August 18, 2021
I listened to Sarah Newcomb’s interview on Morningstar’s The Long view last week and looked her up as she shared some very interesting things. Sarah is the director of behavioural science at Morningstar. In the interview, she shared 5 different metrics that she thinks is a good idea to track on your path to financial independence. Whenever I notice someone giving some good ratios, I do pay attention. The last time I came across something this interesting was from the book Family Inc. You can read about them here Measures of Health of Family Wealth. The unique thing about Sarah’s metrics is that they track your progression towards financial independence: What you would notice is that they focus on the flow. And Sarah doesn’t use complicated math. She prefers to use rules-of-thumb. If you track them over time and plot them out, the data tells the story about your...
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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