I’m a quasi investment novice! Before I joined the HerFinancialFreedom (HFF) 60 day Challenge I cautiously tried investing alone by using an investment platform and only chose one renowned global & one regional ETF.
Cristina Jaeger, the founder of HFF, trained us, only a small group of women (no more than 10), personally, systematically & pragmatically with authentic passion during the course of two intensive months.
She provided us with practical easy to understand course material to read weekly & then we all attended an interactive training session every Saturday morning on Zoom with Cristina.
Throughout we were constantly communicating with eachother about challenges & learnings through Whatsapp.
The participants in the course all had different backgrounds & financial insights and goals. The diversity of the group and the manner in which Cristina conducted the course allowed for an equal transparent playing field where we all learnt from eachothers personal examples with trust & respect.
Through the HFF challenge I was quickly taught that there were a few critical points I had to tackle there & then:
1) evaluate my income & wealth in a detailed fashion to really know my monthly living expenses / BUDGET (must vs nice to have)
2) determine how much I was not willing but ABLE to invest monthly & START INVESTING immediately as every day counts
3) assess all FEES paid to banks, brokers, advisors etc. for managing some if my investments. TOTAL FEEs should always be below 1%. If not the case, renegotiate fees or invest myself.
4) Invest through a DIVERSIFIED portfolio
Thank you so much Cristina & your team for this fabulous empowering experience.
Wishing you a lot of fun & success in future!