Category: Investing

Going for growth

I’ve had my second jab today, with no side effects so far, and I am feeling more optimistic for the future. It’s interesting that nearly 24 million people in this country are older, less healthy, or otherwise more entitled to a second vaccination than me. I’ve enjoyed a couple of indoor pub drinks with friends…

Read the full article

Changes made

This is a late update on my portfolio for the month of March including some detail on actions taken in March and April. Investment changes In March I made a few changes. Firstly, I sold some shares, about 0.79% of my portfolio, to raise my cash levels. That covers about three months of drawdown spending.…

Read the full article

An alternative approach to decumulation

Taking up on Sovereign Quest’s challenge here is my contribution. In the discussion about attaining financial independence and retiring early (“FIRE”) there is an accumulation phase and a decumulation phase. In the first phase you accumulate assets by earning, saving and investing in order to have enough assets to be financially independent. This is followed,…

Read the full article

Opening moves

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…

Read the full article

New year and a new priority

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…

Read the full article