On the road to financial independence and beyond
I’m a financially independent, 50-something, UK based, man who wants to share what I have learned. It’s one year on since I started this blog. I’ve been a bit quiet lately because of some distractions in the rest of my life, but I’m hoping to write more soon. I’m pleased that I have kept it…
Twelve months Summary This is an update on my previous reviews of four and six months ago. A total return for the year of 20.24% growth, slightly above the FTSE All Share total return index growth of 19.17%, results after draw down expenditure in a capital uplift of 15.87%. Six years of drawdown results As…
Last month I wrote about beginning to go global as I increased my non-UK exposure in response to the unstable political and economic situation. The impending general election could have resulted in a change of government to one much less supportive of business and of investors. In early November therefore I reduced my UK exposure…
On BBC’s Question Time TV programme, last week in Bolton, a man earning over £80,000 criticised Labour’s higher tax policy. He believed (wrongly) that earning over £80,000 didn’t put him in the top 5% of earners. That incorrect claim was swiftly rebutted. This led to a wider debate in the media. I was interested to…
I had moved to London to start my first proper job in my early 20’s. At first, I moved into a hostel and shared a room and ate in a communal dining room and watched TV in a communal lounge. It was a more downmarket version of my student hall of residence from an earlier…