On the road to financial independence and beyond
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…
From the end of 2012 until early in 2020 I acted under an enduring power of attorney (EPA) to manage my father’s property and financial affairs. In my previous post I explained the actions I took and the lessons I learned. I now want to analyse the results achieved. My key performance indicators in this…
I’ve recently had a family bereavement. It’s been a sad time for the family and is the end of an era. It also brings to a close my role as an attorney looking after the financial affairs of my late father. Since the end of 2012 until early in this new year of 2020 I…
I’m a financially independent, 50-something, UK based, man who wants to share what I have learned. It’s one year on since I started this blog. I’ve been a bit quiet lately because of some distractions in the rest of my life, but I’m hoping to write more soon. I’m pleased that I have kept it…
Twelve months Summary This is an update on my previous reviews of four and six months ago. A total return for the year of 20.24% growth, slightly above the FTSE All Share total return index growth of 19.17%, results after draw down expenditure in a capital uplift of 15.87%. Six years of drawdown results As…
Last month I wrote about beginning to go global as I increased my non-UK exposure in response to the unstable political and economic situation. The impending general election could have resulted in a change of government to one much less supportive of business and of investors. In early November therefore I reduced my UK exposure…