EP #13 - Why savings rates matter
This week we are discussing our savings rate and why saving rates matter. We started the show with a brief reflection on the news of the week. EMF shared his reflection on the news that Apple is making an update to the iOS 14 policy, which in practice will make it harder for game streaming services such as Google Stadia and Microsoft cloud to to upsell their services. This seems to be just another chapter in the “Epic” battles that Apple is fighting. https://www.cnbc.com/2020/09/11/apple-app-store-new-rules-will-affect-google-stadia-microsoft-xcloud.html eDGI share his reflection on Astrazeneca and the fact that they paused their clinical trial. The vaccine trial was paused because a woman in the United Kingdom experienced symptoms of a rare neurological disorder called transverse myelitis. https://finance.yahoo.com/news/astrazeneca-covid-19-vaccine-trial-015441346.html Main Topic: The main topic was about our savings rates. Why does the savings rate matter to us as dividend growth investors? What were the biggest changes in our investing life that increased your savings rate? What savings rate are we aiming for? How does the savings rate impact your financial independence topic? What’s the savings rate rule of thumb? What savings ideas do we still have to act on?