Cryptocurrency Q&A
What is fi in investment?
What is fi in investment?
GeishaMelody
Sat Nov 16 2024
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5 answers
1143
I'm curious about the term 'fi' in the context of investment. I've encountered it a few times and would like to understand its meaning and how it applies to the field of investing.
5 answers
Ilaria
Mon Nov 18 2024
Financial Independence (FI) is a concept that defines a specific financial state.
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CryptoWizardry
Mon Nov 18 2024
In this state, an individual's income from savings and investments is able to fully cover their daily living expenses.
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GinsengBoost
Mon Nov 18 2024
This means that one's accumulated wealth has reached a level where it can sustain their lifestyle without the need for additional income from employment.
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CryptoNinja
Mon Nov 18 2024
Achieving FI allows individuals to have more freedom and flexibility in their lives.
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Riccardo
Sun Nov 17 2024
Work then becomes optional, as one's financial needs are already met through their savings and investments.
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