Tag Archives : wealth


Secret Buy And Hold Millionaire Investors

When it comes to investing, evidence and concrete numbers are everything. Nothing beats the hard facts. It may be one thing for me to write about achieving financial freedom using dividend growth investing. But can this strategy work in practice. Does buy and hold investing work in the real world. Can you become a millionaire by simply buying and holding high quality stocks. The stories of everyday buy and hold investors will help answer these questions. If you pay attention to the news, you end up finding enough clues to uncover some of the secret stock market millionaires; the folks who weren’t watching Bloomberg worried about this quarter’s GDP growth, […]


History Of Warren Buffet And How He Made His Billions – An Infographic View

Warren Buffet is a man greatly admired by investors globally. His performance at the helm of his conglomerate Berkshire Hathaway is outstanding having netted compounded returns of approx 20% per annum over 40+ years. The performance of his astute stock picking and deal making is what has made Warren Buffet one of the richest men alive today. Below is an infographic depicting highlights of Warren Buffets career, his investment style and how he made his billions. Enjoy! Courtesy of: Visual Capitalist Courtesy of: Visual Capitalist The above infographics have been created by visual capitalist. have a look at his website, it is brilliant! Please like & share:


A £450,000 Unilever Stock Portfolio

One of my favourite times of the week is to read emails sent in via the contact form. Yes, I do read each and every email even though it may take me a few days to reply. One of the emails I received recently was from Thomas C who mentioned that he was a long time reader of this site. Tom’s letter was particularly interesting as he wrote in to tell me that he had built a six figure Unilever position over the years to the point where he is now able to withdraw dividends to fund his needs. In his letter to me, Tom mentioned that he had managed […]


Why Entrepreneurs Need To Own Shares In Blue Chip Companies – Story Of Miller Gorie And IBM

One of the most important concepts in personal finance is to create a second income stream. Having income flowing into your bank account from alternative sources outside your normal everyday work can help cushion stressful periods such as when you are made redundant. It can also help you escape the rat race by providing you with enough income to cover your expenses and enjoy life. This is is the whole concept behind my dividend growth portfolio. Even Warren Buffet agrees on the importance of this by saying “Never depend on a single income. Make Investments to create a second source.” Whilst many people advocate investing to create an income for […]


My Strategy For The New Stocks and Shares ISA 4

When it comes to Investing and Saving, I cannot believe how lucky we are in the UK. We have an account that lets you invest and save money completely tax free. And unlike a pension, you can withdraw the money at any age you like. Yes, I am talking about the Investment and Saving Account (ISA). I do most of my investing these days using an ISA account. No capital gains tax to pay and no dividends tax to pay. Without these expenses I can let more of my money compound for longer. Every year, each individual can put a set amount into an ISA account. Over the past few […]


Two Year Self Invested Stocks ISA Account Performance Review – Still Beating The Market 1

How time floes. In two weeks time, I will be celebrating my 2nd anniversary of my active stocks and shares ISA portfolio. Over this time, we have had the Greek Crises, the oil crises, the commodities crises, the Chinese crises, rate increases, emerging market slowdowns, Brexit, populism and the trump bump. Yet it still feels like its only yesterday that I took charge of my own money and bought my first stock. With my portfolio and tax year ends quickly approaching, now seems a good time to analyse my performance over this period. I need to know if actively investing by picking my own stocks has been a good choice […]


Transferring My Pension Between Providers – Options, Charges, Length of Time, SIPP 2

One of my new years resolutions has been to give my finances a spring clean. I started by looking at my pensions and found that one of my old stakeholder pensions was charging too high a fee. As readers of this site know, fees are a huge drag on performance and can cost you tens of thousands over time. I thus decided to move this all pension into a lower cost Self Investment Personal Plan (SIPP). In this post, I detail what options people have when transferring pensions, the process of transferring a pension, how long it takes and what assets you can invest in. Old Stakeholder Pension – Scottish […]


You Don’t Have As Much Retirement Savings As You Think!

Many people. especially those in the baby boom generation, have this perception that the world is awash with savings. Yes, the post-war generation is wealthier than any before it. But the ultimate value of any investment depends upon being able to convert it into cash, to be able to realise its purchasing power. According to a recent Global Wealth Report by Credit Suisse, the world’s accumulated wealth – around $250 trillion – is almost certainly incapable of realisation at its paper value. This headline number thus vastly overstates the supposed savings glut. Why are savings figures so vastly overstated? Most of the worlds savings are held in two forms: Real […]


What Percentage (%) of your Income should you Pay Yourself First?

We have all heard that paying yourself first is the best way to become wealthy in our society. Whilst we all know the merits about paying yourself first, many people do not now exactly how much money to set aside to pay themselves first. So is there a magic number? You hear people asking themselves this question all the time How much do I need to pay myself first? So here is my formula on how much you should pay yourself first. You don’y have to agree with it but just have a look at it. Whilst I know everybody is different and people have different circumstances, I am just […]


Pay yourself first even if you are living paycheque to paycheque – No excuses 2

The golden rule of personal finance is to pay yourself first. One of the biggest mistake people make is that they pay bills, rent, loans and other expenses first! The government also pays itself first with YOUR money even before you do. This is absolutely crazy. It is no secret that the rich play by a different set of rules. It is no coincidence that people who are wealthy are in that position – they have achieved and are able to maintain their wealth because they understand how money and personal finance works. They pay themselves first. Then they take care of the little things like bills, loan payments and […]