Popular Posts

Save Hard:

Save Hard can be achieved by either earning more or spending less.  Comparing the two it's probably more important to spend less than earn more reinforced by this worked example.


Big amounts matter but so do small amounts.

If you want to build long term wealth then you must avoid instant gratification through debt.

Invest Wisely:


Don't make the same mistakes I did which included attempting to trade rather than invest, not considering investment expenses and not understanding contango.  In hindsight I also should have also probably bought a home while chasing FIRE.  That said these errors pale into insignificance when weighed against the fact that I started.

There may be a cheaper alternative than that fund that is to good to be true.  If you decide to take that cheaper alternative and Index through low cost trackers or ETF's then some UK Index data may prove useful. 
Take some responsibility instead of acting like a victim.
Investments:
Investment wrappers:
Retire Early:
The decision that you now have enough assets (The Retirement Number) in place to never have to work again is a crucial one.  The 4% Rule could be an appropriate place to start your journey to calculate how big that Retirement Number needs to be but if you're a UK Investor that might be to bullish a Number. Once you've calculated that number check and double check it's enoughthink about the probability of success and maybe even think about insurance policies.  This is worst case thinking though and it's likely you'll have plenty.

Why dividend reinvestment is crucial if you are to increase your chances of early retirement.

Sometimes it's best to keep investing (including for retirement) simple stupid.

Modelling early retirement extreme vs early retirement vs typical retirement vs late retirement.  I'll take early retirement thanks.

The method I'm currently considering to transition to retirement which includes considerations on whether I should buy an annuity or enter income drawdown once I reach the appropriate age.

No comments:

Post a Comment