Investing in Yourself: Why Skills Beat the S&P 500
Ten hours a week shaving 0.05% off an OCF. Three years of flat salary. The FIRE community has a blind spot the size of the asset you actually own, and nobody allocates to it.
UK median salaries by profession
A single deliberate career move can move the income line by £30,000 a year, indefinitely.
Key takeaways
Investing in skills often provides higher returns than traditional investments like the S&P 500.
The primary focus for most people on their journey to financial independence should be on increasing their income through skill development.
The returns from acquiring a high-value skill can be significantly higher than those from traditional investment returns.
It's important to live below your means and invest the surplus income into your financial future.