Dinosaurs were arguably the original financially free creatures to roam the planet! Each creature had its own niche. Since 2020 Lockdown is getting a bit weary now, let’s go back to pre-history to find out which FI dino you are*… Tyrannosaurus Rex Fast-track in high-paying city career, multiple passive income streams and throwing a tonne… Continue reading Which FI dinosaur are you?
So, I decided to set up a fun share portfolio. I'd read Weenie's recommendation a while back of Freetrade, a start-up company which offers free share dealing. With some form of lockdown likely to last a good while, I thought this was a good a time as any to explore the stockmarket directly. Plus, Freetrade… Continue reading The thrill of a free share: Starting my mini share portfolio
Just 6 days have past, and my Vanguard funds (equities+bonds) have rebound from -17% to -9%. A slight silent relief (i.e. my equities are up £1.3k since 6 days ago), yet also a reminder for those waiting for a buying opportunity that the market waits for no one! And of course, we are in turbulent… Continue reading Riding the tide: Which Vanguard funds I’m adding to
Recently, I've been toying with the idea of investing in a property primarily as a way of growing my passive income in ‘old age’, something not exactly pleasant or exciting to think about but would probably be foolish for me to dismiss given that if we’re lucky enough, we’re likely to live to a ripe,… Continue reading Considering Property Investment and My FI plan – Part 1
I started this update stood at the bus stop on a sunny crisp morning wondering where the month went... To a lot of work I guess...a lot of life energy...making Jill a dull girl, no doubt! But it does mean not spending too much. 🙂 Except vending machines at work. Guilty on that count! That… Continue reading Financial update: September 2019
My posts have been more sporadic of late not because my blogging honeymoon period is over, but because I’ve been working my ass off. Whether it’s worth it considering my plans for a "career change" is a good question for another post. But in snatches of time between super long work days and parenting, something… Continue reading The inconvenience of the twilight years: Figuring later-life into your FI strategy
Since starting this blog, I worked out my approach to financial freedom. It's an exciting time, but I admit that the way I’m aiming for FI makes me feel a bit of a fraud in the FI world. I use what I’ll call here the conventional early retirement (ER) strategy, which put simply, is accumulating… Continue reading Rethinking my FI strategy?
The dilemma: You want to be financially independent and to retire early. Maybe pursue things you value rather than be compromised by the rat race and consumerist culture. All great, but two inconvenient issues are raised for the ethically minded. First, most aiming for FI invest in the world’s top financial markets that buy into… Continue reading The altruistic FIer: How to create a helping portfolio
The last five days of the FTSE all share* (and other indices) have been notably downward, wiping out any initial gains I'd made since buying my trackers last month. The index is also down from a year ago (scroll down to the second chart) though still up from a low over the last year in late… Continue reading The FTSE and S&P nosedive!
I’ve had a few days to let my numbers sink in now. That's since this happened. I knew I had some savings. I knew I had a relatively generous pension. I was knee-deep in researching SIPPs to divert my savings tax-efficiently* into passive tracker funds that are inaccessible until 57 years (for me anyway). Tax… Continue reading Can YOU predict your future financial needs?