Have gotten a few requests asking suggestions for #boardgames suitable to newbies.

These are all light to medium in terms of rules complexity and strategy.

Nothing as dumb as Ludo, Snakes & Ladders or as mind-boggling as Chess & Go

// Thread // 👇 Ticket to Ride is an evergreen gateway game and the first one I played. Pick up TTR Europe or Asia, both are same just with different maps.

Be sure to pick up base game and not an "Expansion" (says clearly on box). Expansions are additions that require base game to play.

Many new Twitter followers are (understandably) asking questions that I've answered sometime in the past.

Hence, I hope this collection of threads and posts will be useful. I intend to keep this updated over time.

//THREAD// 👇 About me: In 40s, achieved #FinancialIndependence in Oct 2020 through a regular 9-to-5 large corporate job and disciplined investing in Mutual Funds & Index ETFs over 2 decades.

Worked more years in India than abroad, if that matters.

https://twitter.com/LifeAfterFI/status/1311526322452066305?s=20

How to choose a direct mutual fund?

1. Start with the basics - what are your goals, time horizon, and risk appetite? Your dream vacation fund can take more risk than your kids education fund, for example. 2. Once you know that, determine the asset allocation between equity & debt.

For equity, figure out how much you'd like to invest in large, mid, small cap and understand the risk-reward profile for each.

How to select a good financial advisor? 👇

Caveat: I've not used a financial advisor and learnt things the hard way and / or with tons of research. I wish I had used a fee only advisor earlier. I may have avoided at least some mistakes.

Feel free to add. 1. Pick a fee only financial planner / advisor. That way they have no conflict of interest and no interest to peddle products to you.

Q: Why do you continue with a full time job when you've reached #financialindependence?

Answer below:

👇 First, I've reached FI only a few months ago. Yes, I had a buffer in my target number and felt FI only once I reached 105% of that "buffered" target.

Nonetheless, it's been a raging bull market and I'm aware that a deep correction can reduce my net worth to non-FI status.

Have had many ask how much money is enough for (presumably early) #financialindependence in India. Is it 25x, 30x, or 40x of current annual expenses?

My opinion.

//THREAD// 👇 1/ The first thing we come across when researching financial independence is the 4% rule – 25x your current annual expenses saved = FI. Many early retirement bloggers also preach this so let’s dig into this a little bit.

Nothing worthwhile is achieved without mistakes. I’ve made my fair share on the path to #financialindependence

//THREAD// 👇 1/ When I first started investing, I didn’t have clear goals. I’d simply save up. While that’s not the worst thing, it meant my capital allocation was not in line with (then non existent) time-based goals and hence, I didn’t take enough risks for first 1-2 years.

Started the new year by watching Playing With Fire documentary (@PlayWithFIRECo). Very well made with many nuggets of #FinancialFreedom wisdom which I'm putting down here as thread for handy reading. (1/n) @PlayWithFIRECo It's more important to be rich than look rich because it allows you to focus on the things important in your life. (2/n)