I wrote a couple of years ago about the freedom that comes from saving up “Forget You!” money. That is to say, having money in the bank gives you the flexibility to do what you want (see that blog here)
It just occurred to me that Brexit is a case of “forget you” money on a national scale. I don’t know many economists that argue Britain will be better off financially after it leaves the EU. I think by now the British citizens understand that. Instead they’ve said, “We don’t want to have to listen to all the EU rules anymore. We’ll go our own way.” For their sake, I hope they’ve saved up enough to do so.
Legal Disclaimer: These posts do not constitute an offer or recommendation to buy or sell any securities or instruments or to participate in any particular investment or trading strategy. They are for informational purposes only. CTW gathers its data from sources it considers reliable. However, CTW makes no express or implied warranties regarding the accuracy of this information or any opinions expressed by the author and may update or change them without prior notification.
About the Author: John O’Connor
John has more than ten years experience as an Investment Advisor. He focuses on devising and maintaining portfolios that meet individuals’ needs, investment research, and investment strategy. John has been recognized as a “FIVE STAR wealth manager” by Twin Cities Business Magazine 2016-2020.