On the road to financial independence and beyond
Since I wrote two weeks ago my investment returns have edged upwards so I’m slightly up on the year despite the events of the year. Capital values show a tiny reduction but my portfolio income continues to exceed my expenditure allowing total assets to increase. March The FTSE All Share Total Return index, my chosen…
Russia invaded Ukraine on Thursday 24 February. This followed several weeks when it was apparent that Russia had mobilised an army on its borders with Ukraine. In my view this is a significant historic event and is a humanitarian disaster, but I’m going to concentrate on the personal financial and portfolio impact of it in…
This is an update on my portfolio for the month of October. This was a quiet and uneventful month, but our annual spending is up 15% on a year ago. October The FTSE All Share Total Return index, my chosen benchmark, was up by +1.82% in the month, and is up by +15.63% for the…
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…