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.


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 […]


From Zero to £2500 in dividend income in under 3 years


Back in 2015, I had a passive income earnings stream of £0. The only money that was in my bank account was from my paycheque working 9 – 5. I knew I couldn’t go on like this. I knew I didn’t want to work this job forever. I knew I had to escape the rat race. In order to do so, I had to create a plan. I needed to be an owner of cash generative assets. And that is when I started to create my second source of income via dividend shares. I started saving a large portion of my income every month, and investing it wisely. My savings […]


August Stock Purchase – Politics And The Pound

August has been all about the Pound. The value of sterling has continued its recent downtrend owing to the UK and EUs inability to make any headway in the Brexit negotiations. As the negotiations stretch out and the deadline quickly looms, investors are pricing in a no deal scenario and this has essentially lead to the destruction in value of the pound. The importance of the Pound can not be underestimated when it comes to investing. Since the Brexit vote, there has been an inverse relationship between sterling and U.K. stocks. As the pound weakens, stocks tend to go up. When the pound strengthens, UK equities tend to go down. […]


Patience in Public Markets Is Key – Creighton’s and RWS Holdings PLC

A few month ago, I bought shares in both Creightons and RWS Holdings PLC. I bought shares in Creightons for 29.5p a piece and RWS for 374p a piece. Subsequent to my purchase, the shares prices of both companies fell due to poorly received trading statements. But I was calm. I knew the market had overreacted as it has done many times over the past 2 years. Creightons fell to19p. RWS fell to 350p The fall in share price for Creightons in particular baffled me. Creightons trading statement indicated that margins might be lower than expected due to having to outsource production due to business being better than expected. Yes […]