Why Become a Steady Investor?
Whether it’s a display of obscene wealth on social media, a story about a classmate selling their company for millions of dollars, or your neighbor who just bought a new Range Rover, we are faced more often than ever with ‘Keeping up with the Joneses’ dilemmas.
Steady Investing is the anti-‘Keeping up with the Joneses’ philosophy
I started The Steady Investor with a simple message in mind, you don’t have to be born wealthy, lucky, or with a serious risk appetite to become a financially free millionaire. You just have to do the boring things consistently. I believe there is no proven shortcut to wealth. Steady investors are proud to save, and we’re vocal about why we do not spend our money on expensive luxuries that we cannot afford. We are risk adverse towards debt and will only use high-quality debt in proper quantities to help us achieve our financial goals. That’s the Steady Investor’s mantra.
Our approach
We follow a simple philosophy that blends teachings from Warren Buffett, Peter Lynch, Dave Ramsey, John Bogle and Suzie Orman.
- You have to spend less than what you make.
- You have to invest what you save.
- You have to invest in what you know.
- You must protect what you love.
- And you should give to those who need it more than you do.
To achieve the above 5 steps requires a few characteristics:
To spend less than what you make takes confidence, security, and discipline.
To invest what you save requires more discipline.
To invest better requires learning.
To protect what you love requires courage and strong will.
To give to those in need requires compassion and selflessness.