On the road to financial independence and beyond
When I started looking after my own money and began to invest things moved very slowly. There were no FIRE blogs, or even FIRE books that I was aware of. I didn’t know that FIRE meant financial independence retire early. My inclination was to save and invest as I began to earn money, but I…
My brother sent me an email headed “To bring back memories of the 80s and your first flat/property.” It included a link to the place where I bought my first property that showed a studio flat, like mine, for sale. “Offers Over £175,000” were being sought. I responded “That’s a 600%+ price rise! I read…
Tomorrow there are changes being made to the lockdown as the UK tries to return to normal life in the wake of the coronavirus having peaked. Personally, I’m generally in favour of steps being taken by government to relax the lockdown but I also favour being cautious in the steps we as a family take.…
It is now one month after the recent stock market low point on 19 March. I am still more concerned about health matters than financial matters. Tomorrow I will again be concerned and distracted by our children’s home school. I’m still taking stock of the situation we are in and my financial thinking is concerned…
I am now asking myself whether I have been too complacent, or even smug, about my financial position. Was my portfolio as well positioned as I thought it was? I think it was the boxer Mike Tyson who said that everyone has a plan until they are punched in the mouth. I have been punched…