Episode 33: Interview: Cathy Boddy - Investing for Financial Independence
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Show notes
By the age of 55, financial coach Cathy Boddy had enough money invested to make work optional, over a decade ahead of state pension age when most people think about being able to stop working. Her journey to financial independence didn’t involve hustling 24/7/365, denying herself all pleasures, inherited wealth, a string of rental properties, or speculative trading in high risk shares and cryptocurrencies.
Cathy myth-busts some of the common misconceptions about what it takes to be a successful investor who builds long term wealth.
We discussed the importance of diversifying your investments (buying into different companies, sectors and countries), the value of passive investing and the potential of ethical funds.
We cover how to work out how much you need to put aside to be comfortable and what it might take to find that money.
Cathy’s story is the wholesome, down-to-earth reality of the individual investor, not the glamorised, or sometimes vilified, stereotype. We hope her story will inspire listeners to begin or continue their own journey to financial freedom.
You can connect with Cathy on her website myfinancialcoach.co.uk, on LinkedIn or Instagram. You can also email her.
You might also enjoy our recent episode on Ethical Investing.