Plenty of things in life seem complicated, but can be stripped back and made pretty simple.
Staying healthy? A huge part of this is eating right and exercising. We all know this. And end up over complicating things. People jump from one diet or health fad to the next whilst burning through money using personal trainers or going to exercise classes.
Replace your new celebrity endorsed diet of eating only beetroot, cabbage and chicken hearts with a nice diversified one. Eat a burger every now and then, eat a salad every now and then, eat some fish every now and then and have some fucking cake and eat it.
You don’t need a personal trainer calling you a maggot three times a week to stay fit, just a wee smidgen of motivation and a bit of cunning. Walk to work, take the stairs or walk into town instead of getting the bus. Do what you enjoy, just because every other smeghead is doing Cross-Fit doesn’t mean it’s right for you. You don’t need to be doing anything special or complicated for exercise to work, you just need to be exercising.
It’s the same for saving and investing. It feels like it should be complicated and you certainly can make it so. It doesn’t have to be though. Have a look at your expenses, cut back on the crap and save the rest. Invest in some low cost trackers to grab some of that sweet & sexy risk premium on equities that gets us all hot under the collar. If you don’t want to spend the time picking individual shares, don’t feel stupid or embarrassed by it, stick with your simple approach. Choose an asset mix and stick to it. Do that and you’ll be ahead of all the consumer Zombies out there.
It will feel simple, too simple, so simple you will feel like a simpleton. But that’s a good start.
I’m an investing simpleton and proud.