Good Reads

Fintech is a jazzy name for innovation in ways of providing you with financial services. It usually involves a mobile phone, which should never be involved in anything valuable to you, because of the ease with which ne'er-do-wells can run off with your phone number via a SIM swap. But it doesn't have to. The trouble is in the word innovation. A lot of innovation is put into parting you from your money. It began with Access being your flexible friend, helping out Money when you run out of month. The song's still the same after 30 years, but innovation [...]
Thu, Nov 14, 2019, Continue reading at the source
Photo of Dave Sawyer, author of RESET.
David Sawyer didn't read the small print. Having written a guest post for us a year ago after publishing his debut financial independence bestseller, RESET, we've harassed him into writing a follow-up. You know, like The Godfather 2. Only with (slightly) fewer flashbacks. These days it's all about the data. Or so they tell us. But what part-time author has time to get into all that? When you finish writing a book, the last thing you want to do is work on the manuscript full-time for another six months before it's ready to publish. And the very last thing you want to [...]
Thu, Nov 14, 2019, Continue reading at the source
Asset allocation strategy – what we can learn from rules of thumb post image
Nowadays I am a big fan of rules of thumb when it comes to asset allocation strategy – although initially I spent a long time agonising over what my ‘optimal' asset allocation should be. I knew there had to be one, because so many learned sources talked about the efficient frontier. A fabled place, where, if I could only reach it, my blend of equities, bonds, and other asset classes would function with perfect potency to give me the highest risk-adjusted return possible. I spent a long time wandering the desert trying to find that place, seemingly getting nowhere. Meanwhile, all around me [...]
Tue, Nov 12, 2019, Continue reading at the source
Earlier this year I started to take more interest in the potential of hydrogen as a solution in the fight against climate change. It is a gas which is the most abundant on earth and burns without producing greenhouse gases or carbon. The only waste product is water.The costs of producing green hydrogen from using the energy from renewables such as wind and solar are falling rapidly which makes this once expensive form of producing energy more attractive.On the back of this interest I purchased a small stake in ITM Power in late August and took advantage of adding some [...]
Mon, Nov 11, 2019, Continue reading at the source
If you're thinking about buying a primary residence or an investment property, now looks like an enticingly good time. I'll share with you a dozen reasons why buying physical real estate can make sense. Obviously, do your own due diligence as well before putting your money to work. Here's the post with some great charts and graphs. [...]
Thu, Nov 07, 2019, Continue reading at the source
The Restaurant Group (which I'll shorten to TRG) joined the model portfolio in early 2016, shortly after the company published some very upbeat 2015 results. Revenues were up 8% while earnings and dividends per share were up 13%, continuing the company's long track record of impressive results. But then things started to go wrong in […] [...]
Wed, Nov 06, 2019, Continue reading at the source
Most of the younger folk reading this will go WTF? Bear markets are the investor's best friend. You get more for your money. The trouble is, that a human life is not infinite. It is short, and a working human life is shorter still, unless you have a trust fund working for you until your 20s. Reading this article brought this home to me, getting good results with financial markets is a combination of luck, being in the market a long time1 and never be a forced buyer or seller. Never be a forced sellerThe human financial life cycle – buyer at [...]
Wed, Oct 30, 2019, Continue reading at the source
For those who still don't believe you can negotiate a severance package, a guy got a 10-figure severance package despite helping blow up his company. Let's learn how he did it and some good lessons to help the rest of us get that money! How To Negotiate A Severance is now it its 3rd edition. You can get $10 off with the code: saveten [...]
Tue, Oct 29, 2019, Continue reading at the source
If you're a UK based investor who's interested in keeping investment expenses low then it's highly likely that you're using Vanguard index and exchange traded funds (ETFs). If that's you then on Wednesday there was some good news with Vanguard lowering many of the annual expenses associated with these funds. Full details are here which contains a list of the OCF reductions. In most cases [...]
Fri, Oct 25, 2019, Continue reading at the source
A few weeks ago a reader asked me about the unit valuation system as he was thinking of using it to measure the performance of his investment portfolio. I knew what the unit valuation system was, but it wasn't something I used myself so I said I would write a blog post about it once […] [...]
Fri, Oct 25, 2019, Continue reading at the source
Following on from my acquisition of Orsted earlier this year, I have decided to add another Danish-based renewable energy company to my green portfolio.Vestas is one of the world's leading players in wind turbines - it designs, makes, installs and services both onshore and offshore turbines and holds the record of providing more turbines throughout 80 countries than any other company. The core of the business is providing sustainable, clean and affordable energy to people all around the world.They are the global leader in onshore wind - over 100 GW installed and also onshore servicing. They are #2 in offshore [...]
Thu, Oct 24, 2019, Continue reading at the source
At the end of June I concluded that a potentially positive step forward on my FIRE journey was to focus on being a ‘human being' rather than a ‘human doing' for a while. No action plans, no agendas, no need to be busy... During this time I woke when my body was ready, enjoyed a non-time limited breakfast, took advantage of the British summer by spending as much time outdoors exercising as [...]
Fri, Oct 04, 2019, Continue reading at the source
As a general rule, Mr. Money Mustache avoids reading the daily news and ignores the fluctuations of the stock market. And he advises you to do the same thing. The negative factors of wasting your time, diluting your precious brainpower, and creating undue stress by worrying about things outside of your circle of control far outweigh any slight advantages you might get from the tiny slice of news stories that are actually useful and relevant to your daily life. But on very rare occasions, something will squeeze its way through the News Sphincter that is worth addressing, and last week I [...]
Thu, Sep 12, 2019, Continue reading at the source
Another summer evening skate-n-scoot outing with Mini Me It's Back to School time here in Colorado, which means both my son and I will be hanging up the swim shorts and kayak paddles and getting back to more serious business for a while. It has been a slow and endlessly sunny and leisurely summer, and a nice break for both of us, which has been very relaxing and a great time for bonding. But relaxation has its limits. At some point all that Chilling Out fades its way into Complacency, and our natural Human nature starts to work against us, telling us to [...]
Thu, Aug 22, 2019, Continue reading at the source
Has anyone else noticed as you get older time seems to fly passed with an ever-increasing speed? It doesn't seem that long ago that I last wrote a massive update on here and yet looking back it's actually been over 6 months. Alot has changed in that time so perhaps now is as good as The post Summer Networth update appeared first on . [...]
Fri, Jun 21, 2019, Continue reading at the source
It seems life over the past year or so has been chugging along like an old steam train passing through the vast plains of the old American west. Occasionally it might approach a bend, or need to stop at a dusty wooden built town, but inevitably the steam cloud starts rising again and onward the The post Well now, this changes everything appeared first on . [...]
Wed, Dec 19, 2018, Continue reading at the source
Peckham Spring Water
It's that time of the year when ridiculous consumer spending seems to prevail and dominate most peoples lives. This year like others I've tried to avoid unnecessary spending and instead focus on spending quality time with family and friends and giving thoughtful gifts where appropriate. I thought I'd take the time to share a recent story from the office of consumerism gone mad. I recently stumbled into a conversation at work where some colleagues were discussing the saneness of one particular gentlemen in the office. He'd just taken delivery of a bottle of water to his desk from the internal postal [...]
Wed, Dec 27, 2017, Continue reading at the source
To pay off the mortgage or to invest? That is the question. It's an often debated question in the world of financial independence and one thats been done to death in blogsphere several times over. In this article I won't go in depth into all of the pros and cons of each side of the argument but instead focus on describing what I do and why. If you're currently debating this issue internally here's a good look at the subject from the ever reliable Monevator. For the lazy amongst you here is a quick summary: Arguments to Overpay Your Mortgage It is equivalent to [...]
Thu, Apr 27, 2017, Continue reading at the source
Full quote: “When we win on Nov 8 and elect a Republican Congress, we will immediately repeal and replace Obamacare. ” Made during many, many speeches, a tremendous number of huge speeches, the very best speeches, by U.S. president-elect Donald Trump. You can't always believe what candidates running for office say as they slog through their campaigns — gross exaggeration, pandering, and outright lies are to be expected by all involved — but when it comes to Obamacare, surely it is safe to believe that some real changes are in store for us. Why? Well, it's because the Republican party [...]
Fri, Nov 11, 2016, Continue reading at the source
Quick disclaimer: I can't recommend that readers perform the actions I've taken, so be aware while reading I'm not suggesting that everyone should follow my lead here. Please don't, at least not before carefully thinking through the implications. Most people implement alternate solutions to solving their own moral dilemmas caused by index investing. (There are tons of good suggestions in the comments.) Another mass shooting here in America occurred last weekend, the worst ever, half a hundred dead, a like number wounded, all caused by one crazy asshole unleashing not exactly unimaginable horror on innocents. Of course, it's not unimaginable [...]
Sat, Jun 18, 2016, Continue reading at the source

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