On the road to financial independence and beyond
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%.…
The UK situation at present is somewhat confused. There is a worsening in the covid-19 statistics and there are pressures to enact more restrictions or even another lockdown. Different restrictions have been applied to different parts of the UK. There is a debate about what these statistics show us, whether more restrictions are needed or…
After six months of the financial crisis situation brought about by the pandemic my investment portfolio has suffered a first dividend cut. After over twenty dividend announcements that increased or maintained the dividends in payment over the last six months I have now had one that reduced it. In a recent discussion with my brothers…