Transferring money abroad is a necessary part of life for many people. Whether you’re an expatriate transferring money to foreign accounts, or you need to get funds to family or friends who are in another country, money transfer is a process you’ll become familiar with quickly. Many people use traditional brick-and-mortar banks for money transfers, but they often aren’t the best option. Banks have high fees, and you often will run into slow transfer times. If you’re needing to transfer money abroad with any regularity, you might look at money transfer companies as an option. How Do Money Transfer Companies Work? A money transfer company can work in one of […]
Charlie Munger and Warren Buffet are probably the best known investing duo that ever lived. Both of these investors are great in their own right but when they come together, they have leveraged there knowledge and made decisions that have turned Berkshire Hathaway into the colossal conglomerate it is today. Both Buffet and Munger have a great eye for wonderful businesses and this had led them to achieve great returns on their stock market investments over the years. Buffet and Munger stock selection strategy is relatively straightforward and easily implementable by the average investor. In Mungers own words, their stock selection strategy is as follows: We have to deal in […]
We are already a week and a bit into 2019! 2018 may seem like old news ,but let’s take a look back how it actually went. Every year the last quarter is traditionally a big one for many dividend investors, and I’m no exception. In the 4th quarter of 2018, I was able to collect £623 in the form of dividends. This was substantially more than the £348 I received in the same period last year. This equates to a growth of 79%. The drivers behind this growth were additional capital investment, dividend increases and dividend reinvestment. A total of 31 companies paid me a dividend this month. The largest amount […]
One of the things I enjoy doing in my free time is reading about Financial Independence. Stories from people who have already achieved financial independence are of particular interest as it reignited my fire within and keeps me motivated on my own journey. A post I read recently was particularly inspiring. The author, who lives in Toronto Canada, breaks down his life into 11 stages and shows how he built a six figure passive income portfolio before he turned 50. What is particularly great about this post is that the author only started investing in dividend paying stocks later in life. In fact, he made a lot of financial mistakes […]
Anyone that wants to build wealth should abide by the following statement : buy more assets – things that put money into your pocket – and less liabilities – things that take money out of your pocket. Cash flowing assets are the key to prosperity whilst liabilities can leave you in financial ruin.
December has been all about the yield curve. The yield curve is a curve on a graph in which the yield of fixed-interest securities is plotted against the length of time they have to run to maturity. A yield curve is almost always upward sloping, a sign that the economy is functioning properly. In short, you would expect interest rates to be higher the greater the length of time of a security. A 10 year bond should have higher interest rates than a 1 year bond in order to tempt buyers to buy longer dated bonds. The yield curve inverts when long-term debt instruments have a lower yield than short-term debt instruments […]
2018 was an extraordinary. It was intense for a variety of reasons. Perhaps the most significant of which is that I believe it’s the year that our attention reached full saturation causing every smallish piece of news to feel like it’s both world-ending and totally-not-a-big-deal-and-maybe-not-even-true, all at the same time. We now live in a post-truth alternative facts world. Here a few things I read and learnt in 2018 which you might have missed. Time – Time goes faster as we get older because we have fewer firsts. Time appeared slower when we are younger because we were experiencing more first time events. First occasions are novel events and we […]
Donald and Mildred Othmer were a couple like any other from Omaha. Except they had a secret. They both knew Warren Buffet when he was starting out and had the foresight to invest their money into his partnership. The rest as they say is history
There are a number of companies with the name Coca Cola listed on the stock market. So which one should you invest in? This article looks at the various Coca Cola enterprises.
This week, I finally had a chance to update my spreadsheet with the new dividend figures from companies that have announced raises from about April onwards. Every-time I entered the new dividend of a portfolio company, it put a smile to my face. At the end, when the total was tallied up, I was pleasantly surprised. This – together with Mourinho leaving my beloved club – has felt like Christmas has come early. The total increases in dividends my portfolio companies have given me amounts to £104! That is £104 for doing absolutely nothing. That is £104 of free money. It is purely passive. £104 is basically like investing another […]