Category Archives : My Journey

This section of the website will aim to depict my journey to Financial Freedom.
Any stocks I buy are not recommendations and you will need to do your own research to ensure that they are right for your own personal circumstance.


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 […]


December Stock Market Purchase – Inverted Yield Curve and Panic

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 […]


Updating My Dividend Spreadsheet – Reaching £3000 Annual Passive Income

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 […]


AJ Bell Stock (LON:AJB) – Front Running An IPO

Last week, I applied  for shares in AJ Bell PLC at the Initial Public Offering (IPO). Normally I am averse to IPO’s. Empirical evidence has shown that IPO’s tend to underperform . Insiders who have more knowledge of the firm usually sell out at the top and this is why IPOs in many instances tend to underperform.  But with AJ Bell, I did not have the usual concerns that come with an IPO issue.  This is because the founder Andy Bell decided to keep his stock. Furthermore the IPO was only available to customers of AJ Bell that had an account as of 18 October 2018. And only 26.6% of […]


November Stock Purchase – Drawdowns and Mental Strength

November was not a month for the faint-hearted. Stock markets across the world fell due to macroeconomic tensions. Growth stocks in particular were severely hit. The leaders of the current bull market – Apple, Amazon, Alphabet (which I bought), Facebook and Netflix – were all down close to 20%. And when these stocks get hit, all other stocks feel the force as these stocks have the highest weighting on the most important index of them all – the S&P500. All this is to say the chances are high that your portfolio performed negative over the months of October and November. This is nothing to be too concerned about. Having drawdowns […]


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 […]


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 […]


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 […]


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 […]


Phillip Morris (PM) Stock Purchase – The Best Performer Over The Past 100 Years

It’s a well known secret that one of the single best investments you could have made over the past fifty or sixty years was to buy and hold Philip Morris stock (LINK) . Had you invested $1,000 in the late 1960s, and continually reinvested the dividends along the way, then your holding would be worth roughly $7,000,000 + today. The sheer scope of those returns – compounding at a rate of about 20% a year – is unmatched by any other stock in the S&P 500. (Check the stock return calculator here – please note Phillip Morris was part of Altria (MO) before the 2008 spinoff). Credit Suisse published a report in 2015 […]