You Shouldn’t Care About The Short-Term Oil Price.

“The oil price is falling, should I sell my BP stocks.” This was a question I received via email from a reader of the site. The reader further went to ask “ Where do you think the oil price is headed? I fear that it is going lower and I should sell my BP shares.” My simple answer to this is simple, I don’t care what is happening to the oil price at the moment – even though the price of crude has dropped by about 20%. It might shock you to learn that I am not an avid follower of the oil market even though close to 15% of […]


Nichols PLC (NICL) Stock Purchase – Another Beverage Sector Stock

The AIM – Alternative Investment Market – is littered with a lot of bad businesses. Case in point my investment in Accrol. This is due to the rules and regulations being less stringent on the AIM than on the main market thus allowing directors and other insiders to get up to financial mischief. But that doesn’t mean all AIM shares are bad. In fact, there are some really high quality names on the AIM. Fevrtree, Accesso Technologies, Burford Financial and RWS are just a few. Another such company is Nichols Plc. Nichols Plc is the company that owns the Vimto, Sunkist and Feel Good drinks brands. The company is in […]


Warren Buffet Net Worth By Age

Warren Buffet is the most studied investor on the planet. And for good reason too. He is the most successful investor to ever live. There are countless books and articles written about him. One particular article I came across recently from MarketWatch was fascinated me. It contained information on the wealth of Warren Buffet at different ages. Without further ado, here is Warren Buffet’s net worth at different ages Age 14 : $5,000 Age 15 : $6,000 Age 19 : $10,000 Age 21 : $20,000 Age 26 : $140,000 Age 30 : $1,000,000 Age 32 : $1,400,000 Age 33 : $2,400,000 Age 34 : $3,400,000 Age 35 : $7,000,000 Age […]


October Stock Purchase – BAT SGE FEET NG VOD REL

It seems panic is beginning to set in the market. Stock prices are falling across the board with investors fleeing out of stocks and back into ‘safe assets’ such as gold and cash. The technology stocks have been hardest hit due to their elevated valuations. Earnings have been strong so far this year suggesting that the recent stock market correction seems at first glance to be a compression in valuation levels as opposed to anything nastier. Whilst many people would be frightened and panicked by the recent stock market sell-off, I have argued on this site numerous times that falling stock market prices are a good thing. This is especially […]


Save 20% On Take-Outs!

I was talking to a friend the other day and I was surprised to learn that he didn’t know this little trick to saving money on food. I always thought this little trick of a money saver was common knowledge but this doesn’t seem to be the case. So today I share with you an easy way to save 20% on your food purchases. In the UK, when buying food from a cafe, take out or restaurant, you always get asked the question “do you want to dine in or take out ?” The answer to this question will determine whether you pay more or you pay less for food. […]


Don’t Be Afraid Of Investing At Market Tops

With the recent turbulence in the stock market, I have had a number of readers question whether this is the market top. My attitude is so what. Sure losing money by investing at the top of the market is a horrible feeling. But over the long term, staying invested, even at market highs, has produced wonderful returns for investors. Let’s see how investing at a market peak has turned out in reality. John, the world’s worst market timer, started his career in 1970 at the age of 21. He saved £2,000 a year for 3 years before making his first purchase in a plain vanilla S&P 500 index fund in December […]


Third Quarter 2018 Dividend Income

It’s dividend income update time. One of my favourite times of the quarter as I get to review my previous three months worth of passive income received from my ISA portfolio. Given my strategy of wanting to acquire enough dividends in order to cover my costs and be able to retire, it is really the dividend payouts that I care about. For each of the companies I invest in, I like to see a steady and growing stream of dividend payouts. My dividends really do provide me with a comfort blanket during times of market turbulence as we have experienced recently. The market can be irrational at times as it seems to gyrate up and […]


As an Entrepreneur You Need To Pay Yourself First

One of the most important important concepts in personal finance is to pay yourself first. Whilst this concept particular resonates with people who are self employed, many self employed people tend to glean over its importance. Self employed entrepreneurs usually find it difficult to get the balance right between withdrawing money from the business and paying themselves first and keeping the money in the business and helping it grow. But entrepreneurs need to pay themselves first as well in order to gain a sound financial footing and to build their personal wealth. How much should you pay yourself when you’re self-employed? A good rule of thumb that I have heard […]


Making $15 A Second

Amazon is raising its minimum wage for U.S. employees to $15 an hour. This has lead to cheers from employees and critics a like. I think most people would be happy to have a job paying us $15 an hour. But not Warren Buffett. He’s hurdle rate is much higher. When he looks for returns, he wants something closer to $15 a second. To understand how Warren Buffett made $15 a second, we need to delve back in time to 2008. The year 2008 was not a good one for most working in the financial sector. We saw losses, bank runs, liquidity shortages and thousands off layoffs. If there was […]


September Monthly Stock Purchase – Emerging Market Contagion

High yielding British blue chip companies were on sale during the month of September. This was particularly true for companies with deep entrenched roots in emerging markets. Emerging markets have faced a torrid time of late with countries such as Turkey, India, Brazil, Indonesia, Argentina and South Africa seeing their currencies drop more than 10% against the dollar. The expectations are that further currency falls are expected in these nations as the US Dollar continues its powerful surge upwards – investors are flocking to the US Dollar and pulling out of assets denominated in emerging market currencies. So what does a drop in emerging market currencies have to do with […]