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.


Naspers and Tencent – A Great Arbitrage Opportunity 3

It is common knowledge that big companies don’t have fast growth. This has become so ingrained in investor minds that many growth investors do not go anywhere near big blue chip companies. But with most theoretical concepts, there is an anomaly to the rule. The anomaly in this case is a $400 billion company growing at 40% a year. The company is Chinese and goes by the name of Tencent. Now I know what you are thinking when you hear where this company is based. But I urge you to read on and understand why I rate Tencent so highly and consider it one of the best companies in the […]


August Monthly Stock Purchase – Imperial Brands, Shire

August has continued to see markets at record highs. Ever since the trump bump of November last year, many investors anticipated a correction – a 10% drop in market prices – to occur but there has been no sign of this yet. It appears as though the market keeps powering upwards regardless of valuation, regulatory and political risks. And this has got me nervous. It has become exceedingly hard to find investments that will produce double digit annualised returns. And it is for this reason the cash portion of my portfolio sits at 30%. It is important to note that cash is not held as a hedge. It is also […]


Accrol Holdings Stock Purchase (LON: ACRL) – Boring Is Beautiful

When it comes to unglamorous and boring industries, tissue paper manufacturing must come high on the list. And it is for this reason Accrol Holdings caught my eye. To me, boring can be beautiful. Many investors frequently make the mistake of chasing fashionable growth shares that are highly priced. They chase the Tesla’s And Twitters of this world and often forget about the mundane but highly cash generative  ‘steady eddies’ of the stock market. There is a strong case to be made that businesses operating in seemingly unglamorous industries are often able to generate strong shareholder returns. Peter Lynch – the famous manager of the Magellan Fund whom compounded money […]


Taking Money Off The Table By Trimming Share Positions

Over the past week, my online broker had technical difficulties with their website which meant that I was unable to deal in certain securities. Rather than sit and do nothing like most customers, I decided to call them up to voice my disappointment at the level of service. As a result, I got two free trades which was a win from my perspective.This provided a great opportunity to clean up my portfolio by selling my Telefonica position and trimming G4S as its share price has run ahead of its valuation. Let’s start with the outright sale first. Telefonica has risen 21% since I bought it one year ago and I […]


July Stock Purchase – IMB, BT, HIK Power of Small Amounts 4

The stock market continued its unrelenting advance in July led by continued strong performance in tech and commodity focussed stocks. According to market observers, we are now over eight years into what has been the second longest bull market in modern history. Absent yield producing alternatives, enthusiasm for stocks remains extraordinarily high, and as a result valuations are elevated, and bargains around the world are very hard to come by. If I was an index fund investor, I would be very worried at this stage of the bull due to the reasons mentioned above. I would even seriously consider taking some money off the table by reducing my stock market […]


DMGT Stock Purchase – A Media Company With Hidden Technology Assets 1

Daily Mail Group Trust (DMGT) is best known for its ownership of its media assets, namely The Daily Mail, Mail on Sunday, Ireland on Sunday, Metro and the worlds number 1 online newspaper MailOnline. But from an investors point of view DMGT is known for its immense success. Since listing in 1932 it has never asked investors for an additional penny of capital – meaning the current market capitalisation of £2.2bn and the exemplary dividend growth record (8%pa compound over the last 20 years for instance) have been funded solely by the smart reinvestment of retained earnings and prudent use of debt. Looking at the historic performance of the shares […]


Second Quarter Dividend Income 2

The months of April, May and June have been great to me. I saw dividend after dividend hit my account. In total I received £423.80 in pure passive income from 29 different companies. That’s £423.80 for doing absolutely nothing but owning stakes in wonderful companies. The dividends I received in this quarter have essentially paid for my recent purchases in GSK and Shire and these will in turn churn out their own dividends. My dividends are producing their own dividends. This is a real life snowball in action. When averaged out, I received £141 a month during the past quarters. If you would have told me a couple of years […]


Shire Stock Purchase – The Importance Of Low Dividend Yield and Fast Growth In A Portfolio

Regular readers will know that I have been a big fan of Shire as of late. The company has fantastic growth, a pipeline that is envied by other biotech’s and a management team that is astute and rational. The best part about Shire is the valuation with shares trading hands at a P/E of less than 13. When a company looks attractive, I always ask myself ‘is there something I am missing? Is there something that I am not seeing that is making investors trade the stock at such a cheap valuation relative to its peers.’ With Shire, I think the answer is that investors are overlooking this stock due […]


May Stock Purchase – GSK, SHP and The Importance of Income 4

The month of May continued to see markets at record highs. For someone like me who is in the asset accumulation phase of their life cycle, this is terrible news. This is because I don’t like paying top price for ownership stakes in companies. I or anyone else for that matter who has a long time horizon in front of them should wish for languishing markets so that we get the most bang for our back – we get more shares for the same amount spent. Unfortunately the persistence of low interest rates by various central banks has meant stocks are at record highs and I need to pay up […]


Imperial Brands (IMB) Stock Purchase – Topping Up On an Existing Position By Exiting Dunedin Income Growth Trust

Imperial Brands (IMB) is a company I talked about glowingly a few months ago when I first purchased shares in it. It is easy to see why. The company has strong free cash flows, a recession resistant business model, a disciplined capital strategy and a history of double digit dividend increases which look like they are only going to continue. But for all this blue chip’s strength it is often overlooked by many an individual investor. This is because Imperial’s biggest money spinner is tobacco and people are averse to owning tobacco-related shares for obvious ethical reasons (I have written about ethics and investing before so have a look there […]