Monthly Archives: January 2019


Everybody Starts Small

It is common knowledge that you need money to make more money. At the beginning, when most people look at the paltry sums they have to invest, they ask themselves what’s the point. This is the biggest mistakes most people make. They do not think small amounts can make a difference. But a change in mindset is required. For everybody starts small. When it comes to saving and investing, even the smallest of amounts can make a difference. The biggest misconception people have is that they think they have to start with an entire Napoleon-like army. They suffer from the “not enough” mentality; namely that if they aren’t making £1,000 […]


What I have Been Reading January 2019

A few weeks ago, I published a post titled ‘What I learnt in 2018’. It was a collection of articles and stories I found interesting over the course of last year. Subsequent to this post, a number of readers emailed me to request doing a similar style of post on a regular basis. As such I have decided to do monthly posts on what I have been reading. Find below extracts from posts I have read in January 2019. Enjoy.  People Don’t Buy Products. They Buy Better Versions Of Themselves. “People don’t buy products because of what those products do, they buy products because of what they imagine they can […]


What Date Should You Complete Your Self Assessment Tax Return By?

Taxes. Not many people like to pay them. But it is a regulatory requirement for every individual who earns income to pay tax on it. After all, tax is the price you pay for living in a civilised society. Every year, self employed individuals – as well as any person earning money outside their job – needs to fill out a Self Assessment (SA) Tax return. This SA return covers the amount of money you owed over a 12 month period, from 6 April of one year to 5 April of the next. So for the tax year 2017/2018, you need to include all taxable items (monies earnt) between 6 […]


Is a Money Transfer Company Right for You?

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 […]


The Warren Buffet and Charlie Munger Investment Strategy – 4 rules to follow

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 […]


Quarter 4 & Total 2018 Dividend Income

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 […]


A Good Financial Independence Story

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 reignite 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 […]