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mywealthway.bsky.social
Just a regular European guy documenting my path to financial independence & sharing tips along the way. Important info: corporate employee, late 20s, no formal financial background
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ETF LIQUIDITY: ETF liquidity defines how easily and efficiently an ETF can be bought or sold without affecting its market price. Ask price does not differ much from bid price and rhis spread is reduced. Liquidity is defined by Trading Volume (daily trading volume of the ETF.

submitted 19 hours ago • 1 comment

FINANCIAL UPDATE- FEBRUARY 2025 In February 2025 my net worth increased by 5659,24 EUR #investing #growth #personalfinance

submitted 1 day ago • 0 comments

FINANCIAL UPDATE- JANUARY 2025 In January 2025 my net worth increased by 18746.35 EUR #investing #FIRE #networth #growth

submitted 1 day ago • 0 comments

LIQUIDITY: Liquid assets are assets that can be easily converted into cash (after being sold) or spent with little to no loss in value (sold at market value). They include cash, bank deposits, and assets like stocks, ETF and bonds. All those assets that can be sold quickly.

submitted 1 day ago • 1 comment

FUN MONEY: Fun Money refers to a small percentage of your net worth that you use to invest in riskier/ non conventional assets Are money that you are okay losing in case things go bad. Fun Money allow you to "play" with your momey by not Following your usual strategy

submitted 1 day ago • 1 comment

TER: Total Expense Ratio, or TER in short, is the total cost of a fund/ ETF. Basically, what you will pay on a yearly basis to own that Fund/ETF. To make it simple, it includes all fee related to managing an asset and covers all the operational costs (trading/legal fees, salaries, audit fees etc.)

submitted 1 day ago • 1 comment

BONDS: a bond is a debt instrument issued by a borrower, which could be a government, municipality, corporation, or other entity, to raise capital. When an investor buys a bond, they are essentially lending money to the issuer for a specified period of time, known as the bond's maturity.

submitted 1 day ago • 1 comment

ETF: Think of an ETF (Exchange-Traded Fund) like a basket of different investments. The investments are a mix of stocks or bond. The composition of a certain basket (ETF) is define by certain rules. For example the S&P 500 ETF includes the top 500 companies in the US by market capitalization.

submitted 1 day ago • 1 comment

SAVINGS ACCOUNT: A savings account is a financial tool provided by banks where you can deposit your money in a safe way (nothing is really 0 risk as the bank could fo bankrupt and you can lose rhe money if you pass the limits).

submitted 1 day ago • 1 comment

2024 FINANCIAL RECAP In 2024 my net worth increased by 110,831.30 EUR #personalfinance #investing #returns #fire

submitted 1 day ago • 1 comment

Financial independence for me is having enough returns from investments to cover living expenses without relying on a job, and have enough savings in case of emergency #fire #personalfinance #investing

submitted 1 day ago • 0 comments

Hey. On this page I will track my path to wealth!

submitted 1 day ago • 1 comment