The Financial Velociraptor blog opens with a mighty roar!
The goal here is to help as many people as possible achieve “Financial Escape Velocity.” That is the financial position where it is no longer necessary to let another person, a “boss” control your time. For some, that means full retirement. For others it means something not exactly like retirement but with a great deal more personal freedom than most people ever achieve.
The three critical actions to achieving FEV are: 1) Increasing income 2) Cutting costs 3) Capital accumulation. The first posts over the next several months will focus on path three, capital accumulation as I demonstrate how to build a portfolio of securities that is resistant to market turbulence while still showing strong performance in growth and income.