On the road to financial independence and beyond
On BBC’s Question Time TV programme, last week in Bolton, a man earning over £80,000 criticised Labour’s higher tax policy. He believed (wrongly) that earning over £80,000 didn’t put him in the top 5% of earners. That incorrect claim was swiftly rebutted. This led to a wider debate in the media. I was interested to…
I had moved to London to start my first proper job in my early 20’s. At first, I moved into a hostel and shared a room and ate in a communal dining room and watched TV in a communal lounge. It was a more downmarket version of my student hall of residence from an earlier…
Last month I wrote about reviewing the situation. I was reviewing my 58% exposure to the UK against some possible alternatives. I was doing this because of the unstable political and economic situation arising from the Brexit impasse and the prospect of a general election. I wanted to have a plan ready in case I…
A key choice for investors has been whether to opt for equities (company shares) or for property (buy-to-let). I recently read an article entitled “Where should you invest for the best returns: Isa, pension or property? Use our calculator to find out” (Paywall). It asked whether you should invest your money in a pension, an…
I invest in funds and therefore I invest my hopes in fund managers and their investment performance. I am therefore glad to not be invested with the well-known fund manager Neil Woodford as his well won investment reputation has turned to ruin. Despite being a fund investor for around the same time as Neil Woodford…
Just over six months ago I wrote about the Brexit blues and how UK equities were relatively cheap compared to global and especially US equities. Since then UK equities have become even cheaper. This could be a value opportunity or a value trap. I’m now reviewing my 58% exposure to the UK against some possible…