What is financial independence? Here’s the basic definition: your assets generate an income at least equal to your essential expenses.
Your “investing vehicle” is whatever you're going to put your savings into, like a stock or a bond, or really any investment you choose to put your money into. You want this money to make money for you…without having to work for it. Because you already have a job, right?
The public markets are basically the entire financial industry. All the terms you hear thrown around at the office, by your friends or on the news—stocks, bonds, commodities, index funds, ETFs, mutual funds, options, derivatives, mortgage backed securities, REITs, etc.