Call me frugal and I’m a happy fox. Call me cheap and I’ll be very upset indeed! These two words seem very similar on the face of things, but boy oh boy you should not get these two confused.Continue reading “Cheap or frugal: Which are you?”
Reduced to its simplest form, our financial lives contain two paths. To buy or not to buy.
That is the question (I want to briefly consider today).Continue reading “Cold, calculated consumption”
One of the most common questions I find myself addressing for people is the one we will focus on today.
The Vanguard LifeStrategy® 100 (LS100) and the FTSE Global All Cap Index Fund (FTSE All Cap) appear to be very similar on first glance but fundamental differences exist between the two.
This article will aim to broadly assess the similarities, differences and strategies that both funds take to hopefully clear up the confusion about which may be better for a UK investor to include in their portfolio.Read more
I’ve noticed a very curious trend that I just cannot comprehend no matter how hard I try. I appreciate that in the UK we have a culture of secrecy around money and earnings, but why oh why do people not take free money when it is offered in abundance to them?Continue reading “Why do people hate free money? Get some in 2019!”
You may already be aware of the two major schools of thought relating to asset allocation (meaning your split of equity/fixed income within your portfolio); a fixed allocation and a so called ‘glidepath’ allocation. Having extensively read about both methods, I decided that neither of them were for suitable for me so I came up with something a little different based around a ‘Dynamic Asset Allocation’ model.Continue reading “An alternative approach to traditional asset allocation and risk tolerance”
I’ve read many of the classic personal finance books that are thrown around in the FI arena, including Rich Dad Poor Dad and The Millionaire Next Door, so I’m well versed in the literature that’s currently available.
Recently, David Sawyer reached out and asked if I’d like to review his book ‘RESET…’ and I jumped at the chance. The book has early retirement right in the title, so I was hooked already!
A resource I find we lack here in the UK is a ‘Dummies guide to choosing bonds’ or something to that tune. Anyone can go ahead and Google ‘What is a bond?’ and learn exactly what bonds are, the way they work and the technical reasons why they are so often used as a risk dampener in portfolio construction.
But still, I find we lack any actual guidance on how to implement them in our individual investments. For a UK based investor, the more I began to ponder, the more my head began to hurt.
After a good year and a half of thinking about it all, here’s my personal opinion on the matter.