Easy Step By Step Guide For Completing Your Self Assessment Tax Return Online

With tax season upon us and the online deadline of 31st January for Self Assessment (SA) returns quickly looming, this seems a good time do a post on how to complete and SA return. Many people who need to submit an SA return and normally left confused about how to go about doing it online. This post will show you how to set up your Self Assessment Tax return Online as well as give key details as to how to actually fill out your SA return. It is important to remember that the deadline of 31 January 2017 is for the 6 April 15 – 6 April 2016 tax year. […]


December Monthly Stock Purchase – GSK, ULVR, PZC, VOD, CAPITA

December was a month of two halves. The first half so a continuation of the sector rotation seen in November as the market sold off defensive stocks in favour of growth stocks. The second part of December saw the santa rally come to town and it was a case of a rising tide lifts all boats. Most stocks ended December higher even those that got sold off in the first two weeks. Luckily for me, my monthly stock purchase programme occurs in the first half of the month and so I was able to buy shares at decent valuations before they rose. The stocks I purchased in december were PZ […]


Why I Buy Stocks Every Month And Do Not Care What The Market Is Doing 1

I have had a few readers in the past few weeks email me asking why I continue conduct a monthly stock purchase programme with my broker seeing as though markets are terribly high as present. In the post, I will explain why it is prudent for individual investors to ignore market fluctuations and invest money every month. Market Timing Is Impossible Throughout the current bull market and especially in the last few years, many have predicted that the market will come crashing down due to highly elevated and over inflated share prices. But time and time again, the market has proven them wrong. Just look at the past 12 month, […]


Active Investing is Better Than Passive Investing In Overvalued Markets

Regularly readers of my blog will know that I recently moved some money out of a bunch of index funds and into my more actively managed portfolio. I can already here huge ‘sighs’ from the efficient market hypothesis faithful. Investors who religiously believe in index investing will tell you that it is impossible to beat an index fund over a considerable period of time. Whilst I agree with this statement, I also think that you need to use your brain at times and shouldn’t blindly follow any research. You need to be able to critically analyse the results of the research to see in what market environments the thesis or […]


I Made Over £2,000 From Airbnb Last Year With Little Effort – A Review Of How You Can Too!

A while ago, I wrote an article on how everyday Britons are using Airbnb to pay off their mortgages. And rather than just write about it, I decided to practice what I preach. I decided to rent out my 2 bed flat in Manchester city centre one weekend a month over the last year. Below are my findings from my experience using Airbnb. As you will see, it is simple and easy for anyone to make money from renting out there home using Airbnb. How hard is it to list on Airbnb? Listing your property on Airbnb is a straightforward process and can be done easily. Property Details – There […]


December Dividend Income – How to go about building a dividend machine as a beginner 6

If 2016 has taught me anything, it would be that dividends are king. Throughout the volatility, political shocks and market turbulence, one thing has remained certain – great companies that I have shares in have paid me an increasing stream of dividends. Make no mistake, this is no accident. The truly great companies make profits no matter the market environment Take Royal Dutch Shell (RDSB) for instance. It has paid out an ever increasing dividend for over 60 years now. This means that it has not cut its dividends during times of war, political upheavals, recessions, revolutions, oil embargoes, financial crises all that has happened in between. It is a […]


Gift Relief on Shares in a Business – Capital Gains Tax

Individuals have a number of reliefs from Capital Gains Tax. Some of the reliefs include Roll-Over relief, Incorporation Relief, Gift Relief and Entrepreneurs relief. The different reliefs have different conditions that need to be met attached to them so you will need to look at these first in order to determine if you are entitled to any of the above mentioned reliefs. The different reliefs also have different implications to your liability and a brief description of each of the reliefs is given below: Roll Over Relief – defers tax on chargeable gains when a person disposes of a qualifying business asset and buys another. Incorporation Relief – Applies when […]


Use the ladder method to determine how to start your journey to Financial Freedom – Ramit Sethi

When it comes time to begin your journey to financial independence, it can be hard to know where to start. There is so much information out there that it can get overwhelming. This is the biggest reason I started my journey to financial independence later than I would have liked. I didn’t know whether I should pay off debt, increase contributions to a pension, Invest via an ISA (or Roth IRA for US citizens) or simply to stick any money I have into a mutual fund and let it compound over time. Thankfully, Ramit Sethi has set the order out in his book I Will Teach You To Be Rich: […]


Fundsmith Equity Income Fund Full Portfolio Breakdown

The Fundsmith Equity Income Fund has had a remarkable run since its inception in 2010. Over this time, it has produced gains of just over 188% or 19% per annum. This is simply phenomenal. It is no wonder they call the funds manager, Terry Smith,  the UK Warren Buffet. Terry Smith has done an amazing job and it is no wonder that it is only one of three mutual funds I am invested in. The performance of fundsmith and its exceptional returns haven’t gone unnoticed and I have had a few readers contact me asking what individual stocks the fund holds. As such, I have done some research and found […]


How Debt Can Make You Rich!

Debt seems to make the world go round these days. Everyone I know has some debt, whether it be mortgage debt, student loan debt or consumer debt which is the worst of them all. Whilst mortgage debt and student loan debt are necessary for most who want to get on the housing ladder or get a good education, there is no sound reason people should have consumer debt (credit card debt). You see, being in debt erodes wealth – it is the number one wealth killer. And the rich understand this and use this to get richer. In order for people to accumulate debt, someone has to provide the financing. […]