When constructing your portfolio, it’s important to remain diversified, but how much attention are you paying to the detailed structure of your portfolio? The process of putting together a grouping of investments that make sense requires more than a little attention, but what should remain is a collection of assets that generate a healthy return […]
Jeremy Corbyn and his Shadow Chancellor, John McDonnell, made an announcement earlier this week that if Labour wins the next election it will end the scandal of private finance initiative (PFI) contracts which have been responsible for financial woes in a whole host of hospital trusts, schools and other public institutions. Labour’s promise consists of
I’ve written before to advocate the acquisition of income-producing assets. With the collapse in interest rates around the world, yields have fallen, creating artificially inflated demand for dividend-paying stocks over bonds and cash savings. Investors have a range of passive income vehicles to choose from. This diversity can make choosing the right one a daunting
Why quality of income is as important as quantity Read More »
How much was your first passive income? I’m not talking about the first investment you made, but about the return it generated for you. How much was it? I was asked this question by a reader this week, and the answer is a simple one. £1.67 I was 18 years old, and had recently started
Reader Question: How much was your first passive income? Read More »
I received an email from a reader last week, asking about shares and the reader’s concerns about the growing risk of a share market collapse due to record high stock market valuations. This reader had primarily invested in dividend focussed funds and investment trusts, rather than individual shares, thinking that these provide sufficient diversification to
Reader Question: Are my dividends sufficiently diversified? Read More »
For as long as Donald Trump has been in office – possibly as long as he’s been running for office – he has been dogged by scandal and rumour, and more chaos than Armando Iannucci’s The Thick of It. Since being inaugurated on January 20th, 2017, he has; Fired a set of ambassadors and the
I see investing as a constant opportunity to learn and improve my financial understanding of the world. For the last few weeks, my friends have heard me talk about an investment I made which went south big-time a few weeks ago, losing 75% of it’s value almost overnight. The investment was in international facilities management
The ultra wealthy, known as Ultra High Net Worth Individuals (UHNWIs), are wealth holders with a personal net worth of at least one hundred million pounds. Their wealth consists of public and private company shares, real estate investments, and personal investments, such as fine art and jewelry, cars and designer clothing. These individuals understand the
Six mistakes that Ultra High Net Worth investors know not to make Read More »
Last week, I was speaking to a colleague about investing and why he’s not riding a Rolls-Royce when he spends so much time saving and investing. Once I’d stopped laughing at the idea of driving a Rolls (although I think they’re classy vehicles, I think they’re a horrendous misuse of capital!), I asked him what
Reader Question: What’s the secret to making ‘great’ investments? Read More »
Today, I want to share a personal story with you. I was travelling to Nottingham last month and was getting on the train when I came across a young Mother and her two kids struggling with their luggage. Noticing that she was struggling with her case, I gave her a hand to get it onto
Despite our lack of financial training and advice at school, the internet is awash with financial gurus teaching different systems and techniques for financial success. From paying off debt, to reducing spending, to investing like the next Warren Buffet, there is no shortage of useful, well-written articles available for an interested reader to dive into.
Income producing assets are a great addition to your portfolio. The only problem is that they’re often prohibitively expensive to acquire. I don’t know about you, but I certainly don’t have £500,000 lying around to acquire ownership rights over a successful business. But what if you didn’t need the money right now? What if you
Using Seller Financing to Acquire Income Producing Assets Read More »
Welcome to Part 4 of my ‘How to Build a Website’ series. In this article, I’ll be talking about how to handle challenges and re-programming a schedule to keep things on target when things get challenging. If you’re only just joining us, I’d recommend reading Part 1, where we launched our website project, Part 2,
Build a Website Series: 4. Re-programming for success Read More »
When I was a small child, I was once given a £50 note for Christmas by my paternal Grandfather and it was more money than I’d ever seen in one place. He wasn’t (and still isn’t) a wealthy man, but he’d saved up for a few months so that all his Grandchildren could each have
For nearly two years, I’ve been writing about personal finance. Admittedly, I’ve taken the odd break here or there, but who doesn’t get busy? One of my latest projects had me so busy in May and June that I barely had time to eat and sleep. As I started to feel the usual symptoms of
