Good Reads

Ted Baker was by far my most disappointing investment in 2019. As outlined in my recent annual performance review, Ted Baker's share price fell by about 74% during 2019, contributing -2.7% to the UK Value Investor model portfolio‘s overall 2019 return. Normally I don't like to comment on the short-term ups and downs of specific […] [...]
Wed, Jan 22, 2020, Continue reading at the source
How pensions will help you reach financial independence quicker than ISAs alone post image
This is part two of a series on how to maximise your ISAs and SIPPs to achieve financial independence. Part One explained why you shouldn't just target a single Financial Independence ‘number' when you need to make the most efficient use of multiple tax shelters. Most people, young and old, should exploit their personal / workplace pension options, from SIPPs to Master Trusts, even if they're aiming for rapid financial independence. Before I explain why, a quick reminder: ISA money is taxed before it goes into your account but not when it's withdrawn. Pension contributions are taxed when withdrawn, but not when they're put [...]
Tue, Jan 21, 2020, Continue reading at the source
Not much has changed since my Summer Networth update back in June. Work continues to tick along day-to-day although I did manage to negotiate 2 days a week working from home which saves on commute costs and means more time around family. We had an amazing year Matched Betting, with a record monthly high of The post 2019 End of Year Networth Update appeared first on . [...]
Sat, Jan 18, 2020, Continue reading at the source
Weekend reading logo
What caught my eye this week. Unlike every other personal finance blogger around, I've started 2020 wondering whether it's time I spent more money. Definitely not going bananas – financial independence is too precious a salve for that! But making little effort to further grow my wealth. This is a novel thing for me to consider. Saving comes naturally (genetically?) to me. I've mostly left The Accumulator to write posts about mental fortitude and so on, because I've no great insights in this area – I just do it. Being in the black has been normal for me since I was eight or nine. [...]
Fri, Jan 17, 2020, Continue reading at the source
The more I read about the potential for hydrogen as a fuel of the future, the more convinced I become about this gas transforming the global economy.As everyone must surely be aware by now, we urgently need to move away from fossil fuels such as coal and oil due to the effects of global warming and climate change. The scenes from Australia over the past month or so have been truly horrific and a real wake-up call to the rest of the developed world.There are many positive signs of progress such as an upsurge in the use of renewable energy [...]
Tue, Jan 14, 2020, Continue reading at the source
At this time of year, many investors like to talk about which stock they think will perform best over the coming 12 months. As a general rule I'm not a huge fan of cheerleading individual companies, especially over the short-term, but this year I thought I'd join in and write about Admiral Group, the UK's […] [...]
Tue, Jan 14, 2020, Continue reading at the source
Here are all the reasons why I'm an early retirement failure. It was a good 8-year run, but all good things must come to an end! Read the post here. [...]
Tue, Jan 14, 2020, Continue reading at the source
“Insanity is doing the same thing over and over and expecting different results” – not Albert Einstein as I always thought but actually Rita Mae Brown 2019 represented my first full year of FIRE, albeit with a slip-up back to FI during the year, which was then later corrected. Despite a lot of my pre-FIRE posts being financial in nature finances actually occupied very little of my mind [...]
Fri, Jan 10, 2020, Continue reading at the source
It's the start of a new year and a new decade - the 20s which will likely be dominated by the global climate crisis which seems to get worse with each passing day. So, an opportune time to launch my new book "Climate Emergency!"It's over four years since I published my last book "DIY Simple Investing". At the time I thought that would be my last book however, over the past couple of years I have become increasingly concerned about our climate so in August 2019 I started to put down a few thoughts. What are the drivers? What impact [...]
Tue, Jan 07, 2020, Continue reading at the source
At last! The government doesn't something positive for most American's retirement plans! Let's learn about all the things the SECURE Act does to help Americans save more for retirement. Read the post here. [...]
Mon, Jan 06, 2020, Continue reading at the source
2019 has been a very long year for me, filled with incredible highs and lows as we welcomed a new addition to the family and said goodbye to another. Personally it is a year I will never forget and one that has kept me very busy. Financially however the year was very boring, so much The post 2019 A Year in Review appeared first on . [...]
Mon, Jan 06, 2020, Continue reading at the source
Monevator has a diverting ding-dong started last year that tried to split off the financial independence from the retire early part. I get it, nobody should be made to retire early if they don't want to. I didn't take part in it because much of it was a rhetorical construct. In the end being FI is necessary for you to retire, but it's not sufficient reason. If you don't want to retire, well, just don't. This is a particular case of the general question how does one live well? This has occupied philosophers and religions since we found ways to have the [...]
Mon, Jan 06, 2020, Continue reading at the source
It's now a little over 8 years ago that I started to build my UK High Yield Portfolio (HYP). It was a much talked about strategy back in the Motley Fool forum days and today still gets plenty of attention on the Lemon Fool forums today. I built the portfolio between November 2011 and July 2015 by which time I'd amassed 17 shares across multiple sectors. That included a token amount of Royal [...]
Wed, Jan 01, 2020, Continue reading at the source
— First some great news: because of your support in reading and sharing this blog, it has been able to earn quite a lot of income and give away over $300,000 so far. The latest $100k of that happens at the end of this article. Please check it out if you want to feel good, learn more, and even join me in helping out the world a bit. — As I type this, there are only a few days left in the 2010s, and holy shit what a decade it has been. Ten years ago, a 35 year old MMM and the former [...]
Sun, Dec 29, 2019, Continue reading at the source
I wake up on Friday the 13th to find the serial liar and philanderer has bagged a clear win. Guess that's a clear vote for Brexit then. Bring it on, it's what people still really really want, and at least this time there's a sort of actionable form of Brexit on the table. I did not contribute to this result A serial liar in the wildYes, I'd have preferred a hung Parliament and a second referendum/revocation. However, that was clearly a minority sport, and this time it's clear, and it's for something actionable, unlike the original misbegotten EU referendum which [...]
Fri, Dec 13, 2019, Continue reading at the source
My son and I are having a beautiful Saturday night here at home. The sun is setting over the mountains outside my bedroom window and I've just finished baking a pizza which I am about to serve up for his dinner. Although our day has been very simple, there has been an underlying magic within it that triggered an epiphany that I just had to write to you about. Because within this simple moment seems to be the secret to pretty much everything. We woke up to a cloudless blue sky and were treated to summer-like warmth even though [...]
Tue, Nov 19, 2019, 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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