On the road to financial independence and beyond
September saw the end of the Queen’s reign and the beginning of the new King’s reign. Alongside that we saw the end of one Prime Minister’s time in office and the beginning of the new Prime Minister’s government. The combination of a new fiscal budget, monetary policy changes (quantitative easing), interest rate rises, and changing…
In August I enjoyed a couple of weeks away from home with my family and paid little or no attention to the markets during that time. I certainly wasn’t looking to buy or sell. Despite the cost-of-living crisis and a significant rise in energy bills, markets have been reasonably stable. I’m also fairly comfortable with…
Markets and my holdings have rebounded in July and in August so far. That is despite increasing inflation, predictions of a prolonged recession, a cost-of-living crisis, and a war in Europe. My portfolio total return was a loss of -4.99% for the six months to June, but as I write, in mid-August, my total return…
The Telegraph reported that “the global market rout has wiped $13 trillion off world stocks in the worst start to any year on record as business and consumer confidence collapses amid surging inflation. The MSCI World Equity Index has shed more than 20pc so far this year in the steepest first-half decline since its creation,…