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The Path to Simple Wealth: A Beginner’s Guide to Passive Investing

Diarmaid McMenamin
4 min readAug 15, 2024

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Photo by PiggyBank on Unsplash

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If you’ve ever found yourself overwhelmed by the endless investment options, complex strategies, and market jargon, you’re not alone.

But investing to build a life of time and financial freedom doesn’t need to be complicated or confusing.

In the next few days, I will cover key investment strategies to help you understand what might be right for you on your investment journey.

Investing can seem intimidating, especially when you’re just starting. But here’s some good news: it mustn’t be complicated.

The best approach to building long-term wealth might be one of the simplest.

Today, I will introduce you to passive investing, a strategy that could transform your perspective on your financial future.

Why Passive Investing is the Easiest Path to Wealth

Let’s start by breaking down what passive investing means.

Unlike active investing, where you (or a fund manager) try to “beat the market” by picking individual stocks or timing the market’s ups and downs, passive investing takes a hands-off approach.

You invest in a broad market index fund that mirrors the performance of the entire market…

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Diarmaid McMenamin
Diarmaid McMenamin

Written by Diarmaid McMenamin

Helping busy, time-poor professionals build a life of time and financial freedom by improving financial education and investing in property.

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