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.


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 […]


Shire Share Sale – Takeda Acquisition Leads To High Debt and Withholding Taxes

Regular readers on this site will know that I have been a huge fan of Shire stock over the last year. I constantly wrote how cheap the shares of the company were and made purchases at regular intervals using my monthly stock purchase programme. Even though I first bought Shire shares when they were trading close to current levels back in April 2017, I used my monthly stock purchase programme to average down on the stock as it kept falling. As I kept buying the shares at lower and lower prices, my average price paid per share of Shire was £33. At this price, I was adamant the company was […]


July Stock Purchase – ABF, PZC, SGE

The month of July saw the market continue its relentless march upwards. It seems that not even the threat of a trade war has been enough to dislodge the current market trajectory. Many analysts point towards the strong global economy for the positive market backdrop currently being experienced. At present multinational companies are seeing better growth return in many emerging markets, whilst industrial production markets and other more economically sensitive sectors are enjoying notably more buoyant conditions than those that prevailed a couple of years ago. This has caused the stock market to remain buoyant. Whilst the market as whole is at the top end of the valuation spectrum, a number […]


June Stock Purchases – Market Timing Is Impossible

I often get asked the question, “ why do you keep buying shares every month despite knowing the markets are looking toppy and valued highly? Why don’t you simply just sell your stocks and wait for the markets to crash and buy in at a cheaper price.” I am sure the above line of thinking resonates with the majority of you. I am not afraid to admit that I used to follow that way of thinking before. Whilst simply sitting on cash and waiting for the markets to crash in order to buy shares more cheaply sounds good in practice, it is an extremely hard thing to do in the […]


Second Quarter Dividend Income Update

We are already mid-way through the year. Where has all the time gone? It feels like just yesterday that I was bringing in the new year in style. Yet six month have flown by. The year so far has brought a lot of change. But the one constant is my dividend income – it just keeps pouring in. The amounts of dividends that hit my account in the months of April, May and June was £538. This averages out to £179 a month in pure passive income. Comparing this figure to the amount I received in the same period last year – £423 – shows an increase of 27%! This […]