13. How much should you really save and invest?
The Seafarer Investor di Seoshin
Note sull'episodio
A good investor is also a good saver. But the question always arise on how much? Is there a right amount to save? To know more, listen to this episode, as I will talk about why going full ahead on saving is not for every body but is applicable for most seafarers.
Timestamps of the episode:
You can't invest if you don't save, obviously. [01:27]
Save what you can. Don't worry too much on how much. [02:09]
Focusing in growing your income is the right way. [03:48]
The "save-invest continuum" by Nick Magguilli [05:50]
Why most seafarers who are yet starting out should focus in saving instead of investing [09:40]
Focusing on income growth is hard for seafarers while working at sea for obvious reasons. [12:29]
The ultimate goal to saving. [14: ...