Kenny G – Secret Buy & Hold Dividend Millionaire

If you had to do a double take of the title, I wouldn’t blame you. But Kenny G is in fact a secret buy and hold dividend millionaire. Yes the same Kenny G who rose in stardom during the 80’s and 90’s with hits such as Duotones, Going Home, Forever in Love and Sentimental. So how exactly did this world renowned saxophonist become a stock market millionaire? Kenny G invested in Starbucks in the 1980’s. Here is a video of him taking about this investment. Kenny G met Howard Schultz, the founder of Starbucks, after a recommendation from his uncle (Harold Gorlick), one of the first investors in Starbucks. Harold […]


Are People Buying The Wrong Coke – COKE VS KO

Coca Cola. Probably the most ubiquitous brand in the world. The iconic company is so unique that it is almost impossible for the company to be mistaken for another. Yet a case of mistaken identity is what appears to be happening – at least in the stock market. A very strange thing has been happing in the markets recently. The share price of Coca-Cola Consolidated (COKE) has rocketed from $180 at the start of the year to close to $400 today. This is an astonishing rise of 122% in under 5 months. Naturally, curiosity got the better of me and I went to look at the accounts for COKE. What […]


How To Create Your Own Universal Basic Income

Universal Basic Income (UBI) seems to be popping up in the news again. It seems that policy makers cannot decide whether the benefits of UBI outweighs the costs. There has been numerous trial UBI projects over the years conducted in countries such as Kenya, India, the United States and Canada but results have so far been inconclusive. In fact, a report by British think-tank the New Economics Foundation (NEF) has found “no evidence that any version of UBI can be affordable, inclusive, sufficient, and sustainable at the same time.” So if you are one of the people sitting around waiting for UBI to be implemented on a large scale, I wouldn’t hold […]


Not All Money Is Made Equal

When I started my career, I was focussed on active income. Income that I had to work day after day for. A pay cheque or a salary so to speak. I only got paid if I put in the effort by going to work day after day. I was pulling in £27,000 a year from my day job. In order to attain this, I worked very hard. I often worked 45+ hours a week and was exhausted by the end of it. Having no time during the week, I did most of my chores and shopping on Saturdays and Sundays were a day to recharge in order to do it […]


April Stock Market Purchase – PZC IMB Victrex

April has brought about the new tax year and with it comes a fresh tax free investment allowance. The temptation would be to buy into the markets with as much cash as I have on hand in order to start benefiting from this allowance immediately. The long held wisdom is to invest at the beginning of the year so that you let compounding get to work immediately and do the heavy lifting for you. By investing at the beginning of the tax year as opposed to the end will leave you with an extra year of returns. After all time in the markets is more important than timing the markets. […]


What I Have Been Reading – April 2019

A few stories that caught my eye over the last month The Life And Lies Of Anna Delvey Sorokin has a Russian passport, but she tricked many New York elites and socialites into believing she was an heiress from Germany with a bottomless bank account. In 2016 and 2017, Sorokin lived out of luxury boutique hotels, including the 11 Howards in SoHo, dined in expensive restaurants and often shopped at designer boutiques, reportedly offering to cover the bill for her friends any chance she could. According to evidence presented at her trial, the 28-year-old also forged financial documents, lied about her family, and faked having an accountant and financial adviser […]


Understand Accounting To Be A Better Investor – Earnings Vs Free Cash Flow

One of the mantras I keep iterating on this site is that for you to be a successful investor, you need to understand accounting. I wrote about this in a post titled ‘Investors Need To Understand Accounting’. Reading and understanding an annual report will give you the clearest picture of a business and where it is headed. The accounts can show you whether a companies earnings are real or if they are just being magicked up. Conversely, knowing accounting and its intricate rules can help you understand a balance sheet and find hidden value in companies. As I have mentioned before, for those that don’t understand accounting or don’t have […]


Charlie Munger – 10 Rules For Investment Success

Charlie Munger – famed for being the other half of Berkshire Hathaway – has a low of wit and wisdom. His business partner, Warren Buffet, has attributed much of his success to Charlie Munger. In his must-read book, Poor Charlie’s Almanac, Munger puts forth a 10-step checklist that even the most inexperienced investors could benefit from. 1. Measure risk All investment evaluations should begin by measuring risk, especially reputational. As an investor, you need to be aware that from time to time, your investments won’t turn out the way you wanted. Mistakes are always inevitable. By realising this, position yourself in a way where you have a large margin of […]


Articles On Time, Money, Happiness and Freedom!

Investors who read this site know that I am obsessed with Time, Freedom and Happiness. I believe that in order for one to be happy, one needs to be autonomous and in control of their time. Money is just a tool to get you there. Money is just part of the equation. It helps you achieve financial freedom which then free’s up your time to do as you please as you no more have to actively work for money. Yet many people mistakenly think money in itself leads to happiness. They just want to accumulate more and more of it. They don’t understand that money is a means to an […]


ISA 2019/2020 – How I Will Be Investing and Plan To Save The Full Amount

It’s the 6th of April! Call me crazy but I look forward to this date every year. Why? Because it is the new tax year. And a new tax year means I get a fresh allowance of £20,000 that I can invest completely tax free in my ISA account. As a finance geek, if this doesn’t get you excited, I don’t know what will. If you are someone like me who wants to achieve financial freedom at a relatively young age, an ISA is the way to go. In essence, an ISA is a legalised tax heaven for the average person like you and me. You are able to earn […]