On the road to financial independence and beyond
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A key choice for investors has been whether to opt for equities (company shares) or for property (buy-to-let). I recently read an article entitled “Where should you invest for the best returns: Isa, pension or property? Use our calculator to find out” (Paywall). It asked whether you should invest your money in a pension, an…
I invest in funds and therefore I invest my hopes in fund managers and their investment performance. I am therefore glad to not be invested with the well-known fund manager Neil Woodford as his well won investment reputation has turned to ruin. Despite being a fund investor for around the same time as Neil Woodford…
Just over six months ago I wrote about the Brexit blues and how UK equities were relatively cheap compared to global and especially US equities. Since then UK equities have become even cheaper. This could be a value opportunity or a value trap. I’m now reviewing my 58% exposure to the UK against some possible…
One significant cost that households have that they can take action to reduce is electricity and gas utility costs. According to energy market regulator Ofgem, the average dual fuel variable tariff as of April 2019 was £104.50 per month, or £1,254 a year, but the cheapest tariff available was around £880 a year, or just…
Eight months Summary A total return in the year to date of 9.92%, slightly behind the index, results after drawdown expenditure in a capital uplift of 7.24%. Drawdown As I am not earning any income from employment any more, I am in drawdown in that I am drawing down some of my financial assets each…
If you want to achieve financial freedom or financial independence, and you have a vision of achieving that, then you need to have a commitment to getting there. It can’t just be a wish. This commitment will involve time and money and will be reflected in your actions in working, saving and investing. You will…