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What caught my eye this week. The question of ‘enough' is a perennial one in the circles this blog moves in. Seriously! We can barely check into a Personal Finance and Investing Blogger Cult Meeting before a heated debate breaks out over how much is enough given sustainable withdrawal rates, official inflation versus lifestyle inflation, ‘one more year' syndrome – or even whose round it is. (The argument that buying a round of drinks will tack three months onto a future retirement date is an entry-level Jedi mind trick for the likes of us). Enough already In the latest outing for one of the most [...]
Fri, Nov 27, 2020, Continue reading at the source
There's an interesting discussion over at Finimus, who characterises the tl;dr as So that's my verdict after four years of early retirement: boring. and over at Monevator TA fears the dying of the FI/RE light. Every time one of these FIRE-ees announces their return to work, I think of another soldier falling to cannon-fire amid … Continue reading "early retirement isn't boring. Brexit and Covid are" [...]
Fri, Nov 27, 2020, Continue reading at the source
There's a whole world of currencies out there, but when investing overseas it's the home currencies that matter.
Note: Exchange rates between different currencies fluctuate all the time, and the currency pairs used below are purely illustrative from the time of writing. Today's numbers aren't relevant to understanding currency risk. One area where investors and even experts get themselves into a muddle is currency risk – specifically when it comes to the currency that a fund is priced or denominated in. Currency risk itself is pretty straightforward. It will be familiar to anyone who has ever been on holiday or who owns a property abroad. Let's say you're a British resident who's headed to the U.S. for a vacation in three [...]
Thu, Nov 26, 2020, Continue reading at the source
Just as there are many ways to generate energy - wind, nuclear, coal. solar - so there are many ways to store the energy - lithium-ion batteries, pumped hydro, flow battery and hydrogen for example. In recent years there has been a move away from generating energy from fossil fuels due to climate change and a corresponding transition to cleaner solutions such as wind and solar. As the world increases capacity for these clean generation options, the costs of solar and wind have fallen which makes them the cheapest way for creating energy in many parts of the world. As [...]
Tue, Nov 24, 2020, Continue reading at the source
It's certainly been quite a year. During three months of Lockdown 1 earlier in the year I had plenty of time to reflect on many aspects of life. It's just four years since I made my last house move and I have always thought I would be making another move at some point but have been putting it off for the past year or two. In any event, one of the decisions I made during those periods of quiet contemplation during April/May was to make a move. When the Chancellor announced the stamp duty holiday in July, this was the [...]
Thu, Nov 19, 2020, Continue reading at the source
I could talk abut Trump in a grump, but World + Dog is at it, so I'll do some retiree navel-gazing instead. Yes, I'm relieved to be shot of the narcissistic psychopath in the short term, but still fearful of the poison he gave licence to. A lot of people thought he was so good … Continue reading "on paying for an arts education" [...]
Wed, Nov 11, 2020, Continue reading at the source
There are two mortgage market abnormalities worth taking advantage of right now by homeowners and potential homeowners. Further, if economic forecasts are as rosy for 2021 as some banks believe, then mortgage rates will likely go higher. This also means your bond portfolio will likely underperform as well. See the post here. [...]
Wed, Nov 11, 2020, Continue reading at the source
Two years ago, I was unsatisfied with my options for health insurance. The premiums were rising even as the quality dropped in the form of an ever-increasing deductible. I am guessing that you might feel the same way these days – most of us Americans are in the same boat. I felt like I was being squeezed from both ends and it was starting to piss me off. So I decided to take some action, by doing the math for myself using a spreadsheet. I needed to answer the question, “Is this insurance really as bad a deal as I think [...]
Tue, Nov 10, 2020, Continue reading at the source
Summary Dunelm is a high quality, highly profitable business with durable competitive advantages. It's the UK's leading homewares retailer. Dunelm is not a defensive business, but it does operate in a growing market and uses relatively little financial leverage for a retailer. Dunelm has performed very well during the pandemic and its shares have performed […] [...]
Wed, Nov 04, 2020, Continue reading at the source
Way back in the olden days, people used to be amazed at my life story. I was “The Man Who Retired at 30”, and it was so unusual that it would show up in news headlines all over the place. Thankfully, this is no longer such a surprising story. The idea of financial independence has spread far and wide with the rise of the FIRE movement, and people now realize it's not such a big deal after all. And in fact, people are doing more innovative things than I did, and getting themselves to financial independence in less time. My story [...]
Fri, Oct 23, 2020, Continue reading at the source
My wife and I debate whether a lottery admissions or an entrance exam is better for students, teachers, parents, and society. You can read the post here and vote on which is best too. [...]
Fri, Oct 23, 2020, Continue reading at the source
The world has been turned upside down by this pandemic, along with the prospects of many companies. Perhaps some of your own holdings have soared to unexpected highs, or collapsed to unexpected lows. Several of my holdings certainly have. However, don't pat yourself on the back or don a dunce cap too soon. In most […] [...]
Tue, Oct 06, 2020, Continue reading at the source
I'm not sure if it's the COVID-19 lockdown affecting me, or whether this is really a thing, but over the past month or so I've started to really notice companies stretching their take on integrity. Maybe I was just in a bubble before but for me if you don't have integrity I don't want to be anywhere near you. Let's look at a few examples that I've personally come across. BT this week [...]
Fri, May 08, 2020, Continue reading at the source
With us now being only a single working week away from the new UK financial year and the investment world still feeling the impacts of the COVID-19 situation I thought it might be worthwhile sharing a little about how my portfolio and life is changing given where we currently find ourselves. Let's start with what my investing strategy, something I first shared way back in 2009 but wasn't really [...]
Sat, Mar 28, 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 almost £12,000 back in September. It's been an interesting year with an obvious reduction in sports offers, thankfully I've replaced many of these losses with... Read More Read More The post 2019 End of Year Networth Update appeared first on Early Retirement Guy. [...]
Sat, Jan 18, 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 so that I've neglected to update this site for many months. I maintain my view that good personal finance is boring as hell and I'm... Read More Read More The post 2019 A Year in Review appeared first on Early Retirement Guy. [...]
Mon, Jan 06, 2020, 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
Take me back!
I've made a terrible mistake! I quit my job about a year ago. My last day was April 17th, 2015, to be exact. At this point I've got close to twelve full months of my new life under my belt. That's plenty of data, if you ask me. And it's become clear that, beyond the shadow of a doubt, the dream of early retirement more closely resembles a nightmare. The Experts are Lying to You We all know about Early-Retirement gurus like Mr. Money Mustache and that supposedly nice young couple at GoCurryCracker. They tell us to spend less and save a lot of [...]
Sat, Apr 02, 2016, Continue reading at the source

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