On the road to financial independence and beyond
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The newspaper reported that “the UK’s FTSE 100 index fell 168 points to 6,483, a 2.5% drop – the biggest one-day fall in percentage terms since the end of October.” (Guardian 26.02.21). Checking my source on the FTSE All Share Total Return index, my chosen benchmark, that had gone down -2.28% on the day. For…
I have prioritised income growth for the past seven years since I left my last job. My portfolio income has nearly doubled in that time. In this new year my priority is to sustain my current income levels whilst aiming for more capital growth. January Despite much excitement and significant price movements in the trading…
Most financial blogs about financial independence, or “FIRE” (Financial Independence Retire Early), concern themselves with the journey to reach that objective. By contrast I aim to discuss that journey towards “Getting Minted” but I also aim to discuss what happens next. That is the journey to financial independence and beyond. After climbing to the summit…
My newspaper reported that “the FTSE 100 suffered its worst 12 months since the financial crisis, despite a year-end rally fuelled by the start of Covid-19 vaccine rollouts.” This index of the largest UK listed companies incurred a loss for the year (-14.3%) that “was its biggest annual fall since 2008, when it plunged by…
On Monday 9 November as the stock market reacted positively to the emerging result of the US Presidential election, the news of a successful vaccine against the coronavirus was released. What a difference that day made. My portfolio recorded a gain of 4.80% on that day as my individual holdings rose between 2.00% and 8.23%.…