Good Reads

In the first part of this investigation I took a look at some of the options available from the Investment Trust sector. This second part will cover funds or OEICs.Some funds focus on 'green' themes such as renewables and clean energy whilst others will adopt a much wider perspective. They are very much a mixed bag and range between light and dark green. Some will screen out the big polluters such as the major oil companies and airlines whereas others will adopt a more pragmatic approach by holding those companies which are questionable but which are deemed best in class [...]
Sat, Nov 17, 2018, Continue reading at the source
My divorce ruined me, but I climbed my way back
Divorce is one of the worst destroyers of wealth. May you never have to go through one. Love birds beware. The following is a guest post from FS reader and medical doctor, Xrayvsn. Divorce. Few words in the English language can elicit as negative a visceral response as that of divorce. Despite its increasing prevalence in society, stories of divorce and the subsequent impact on one's finances are rarely discussed in the personal finance community. Like the subject of money, there seems to be an unspoken rule that divorce is a taboo subject and should not be discussed by members of polite society. I [...]
Sat, Nov 17, 2018, Continue reading at the source
Weekend reading: The best money and investment reads from around the web post image
What caught my eye this week. Out of sympathy with those who can take no more of the national pantomime, I decided to run my Brexit-themed introduction as a separate article this week. (There's a pretty good conversation developing in the comments, so you might take a look if you only tend to read us via email.) Fewer than six weeks to Christmas! From Monevator House prices, mental accounting, and leaky buckets – Monevator Navigating the #BrexitShambles – Monevator From the archive-ator: Rich friends, poor friends News Note: Some links are Google search results – in PC/desktop view you can click to read the piece without being a paid [...]
Sat, Nov 17, 2018, Continue reading at the source
This is a comic Brexit
[Trigger warning: Off the cuff Brexit thoughts ahead. Reading is optional! My blog, my thoughts, and I've started so I'll finish. Just click away and you needn't be troubled by it! Nor will you feel forced to be rude about me in the comments.] A few days after the Referendum in 2016, I wrote a short satire chronicling the happy state of Barry Blimp, a middle England Leave supporter: And Brexit is going so well! Better than even Barry might have expected. True, the markets initially dipped 2-3% percent when the result was announced, as lily-livered Remainers sold their holdings and made [...]
Fri, Nov 16, 2018, Continue reading at the source
REIT performance versus S&P 500 in 2018
As I was reviewing the performance of my once healthy investment portfolio, I found a couple standouts: Omega Healthcare Investors (OHI) and Realty Income Corporation (O). I knew they were performing well, but I didn't realize how dramatically these two publicly traded REITs have been performing compared to the S&P 500 index until now. OHI is up ~25% YTD and O is up ~11% YTD. A common assumption investors have is that when interest rates rise, real estate tends to fall because borrowing costs, and therefore, purchasing power goes down. Given the Fed has hiked the Fed Funds rate multiple times since the [...]
Thu, Nov 15, 2018, Continue reading at the source
When I think of WH Smith, I think of a company which sells products that are either: in decline (physical newspapers, magazines and books), can be purchased more easily online (note paper, pencils, exercise books) or are basically extinct (CDs, DVDs and vinyl records). In other words, my default mental image is of a company […] [...]
Wed, Nov 14, 2018, Continue reading at the source
DIY Investor is all in favour of financial education so just a short post to promote a new book for schools funded by Martin Lewis of Money Saving Expert. The book 'Your Money Matters' is a financial textbook produced by Young Money. All 3,400 state-funded secondary schools will receive 100 free copies which is aimed at students aged 15 & 16.A free download is available for anyone interested and it will shortly be available to purchase on Amazon.Here's an article on the MSE website (includes link to download book). [...]
Sat, Nov 10, 2018, Continue reading at the source
“Dear Mr. Money Mustache… I'd like to retire soon. I've had a good career and the numbers say I'm just over the threshold, but I'm still afraid. It would help if I had a solid plan for what to do after retirement – perhaps even make some money eventually. Because I think it would help boost my confidence to pull the plug at the old law office. But as an attorney, I'm trained to see the pitfalls of everything and frankly I'm afraid. How do all of you fearless Mustachians just go out and start businesses and make money, when it is [...]
Thu, Nov 08, 2018, Continue reading at the source
After a relatively short two-year holding period and some unexpectedly rapid share price gains, I have decided to sell Victrex. In this blog post I'll outline why I bought Victrex, what happened during its brief two-year holding period, and why I've decided to sell now. But first, here's a quick rundown of how this investment […] [...]
Thu, Nov 08, 2018, Continue reading at the source
In recent weeks there appeared to be a glimmer of hope appearing that I might be able to get a little more interest on my cash and cash-like (NS&I Index Linked Savings Certificates) holdings. This was of interest to me as I currently have in excess of £300,000 in these products in readiness for a home purchase and to help me live off dividends only in my soon to be early retirement. It started [...]
Sat, Oct 27, 2018, Continue reading at the source
I read my first copy of Richard Bolles' seminal job-hunting tome What Color is your Parachute in the late 1990s. The big cheeses at The Firm had decided to move away from research, and out of electronics towards development and software. I was wondering if I should stay with my first love, which was electronics design, or stay with the Firm.1 Parachute is a great resource and a good read. At the heart its message is as old as the Delphic Oracle itself – know thyself. Around that message, however, is a good periphery of tactics and perspective. There is only [...]
Tue, Oct 16, 2018, Continue reading at the source
Latchi, Cyprus at dusk With my work notice period now nearing completion I'm actually a little surprised at the calm in the RIT household. Hopefully this means we believe we are reasonably well prepared and probably more importantly means that we still believe we are doing the right thing. At work we're just completing 2019 plans and I'm not excited by any of it which is a new feeling for [...]
Sat, Oct 13, 2018, Continue reading at the source
Fig 1: Suze Orman's opinion of our lifestyle, as captured in a crazy interview on Paula Pant's Afford Anything podcast. In case you hadn't already noticed it in the news, it seems we are hitting a turning point in how the rest of the world perceives this lifestyle that you and I have been enjoying. First, we were ignored. Then, there were a few stories that just focused on the strange lives of Mr. Money Mustache a few other freaky magicians, cataloging our feats of extreme frugality like “spending less than 100% of your money on a car” or “occasionally [...]
Fri, Oct 05, 2018, Continue reading at the source
Escapism seems to be the norm, people have got back from their hols and the rude awakening of life back at the office makes for good newspaper copy. It seems the Torygraph is working on this sort of thing, and let's hear it from the Grauniad – …the secret to never having to work again – but does it work for everyone? Ah bless 'em. There are people who get to live in London and retire early. They aren't the Guardian media types, though, who asked themselves this question and failed to detect yes in the echo from the walls of the [...]
Thu, Sep 27, 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
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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
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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
Edited post:This blog has been moved from Blogger to WordPress.The new website can be found at Quietly SavingThanks for stopping by. [...]
Sat, Dec 12, 2015, Continue reading at the source
Unbelievable yes, but I got another premium bond win, my second this year! Yay!Ok, so I only won £25 but prior to my win in February, I hadn't won anything in years!It could well be just a massive coincidence that I've started winning ever since I've been regularly buying more premium bonds - my holding is tiny though, only £2,135 and according to this premium bond calculator, if I have 'average luck', I would expect to win just £25 over a year. Let's hope I'll be VERY lucky at some point in the future! In the meantime, I will chuck [...]
Wed, Dec 09, 2015, Continue reading at the source

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