One of the widely-accepted doctrines of FIRE is “save 25x your annual expenses and you’re done”. Or, flipped round, that we can safely withdraw 4% per year without going broke. Returns will cover that withdrawal and leave enough added nominal value in the portfolio to compensate for inflation. The 4% “rule” has been open to…… Continue reading Inflation, inflation, inflation…and safe withdrawal rate
Home ownership is at its lowest level for 30 years. Some call Millenials like me “Generation Rent”. Indeed, wiser men than I have argued against buying. As I announced earlier this year, though, I want to buck the trend against buying a house. Why? Before we get onto that, I’ll hold my hands up to…… Continue reading The Joys of House Buying
First monthly update of 2017. Saddle up. Activity I started the year in a slightly odd mood, having not had that much love for 2016 but being cautiously optimistic for the year ahead. January was a bit cold for my liking at times but, being the eco-friendly son of a gun that I am, I…… Continue reading January 2017: Journal Update
Nothing…is ours, except time. We were entrusted by nature with the ownership of this single thing, so fleeting and slippery that anyone who wishes can oust us from possession…It is too late to spare when you reach the dregs of the cask. Of that which remains at the bottom, the amount is slight and the quality is vile.
Here we are again. A new year, and yet again I missed the magical moment to make those damned resolutions. Never mind. Last year I was relatively mediocre, hitting 3/6 goals mostly due to achieving what I wanted financially but missing the mark in almost every other respect. I dunno if it made me more…… Continue reading 2017 Goals
1, 2, skip a few, 99, 100. Right, Happy (belated) New Year! It’s been a good few months since I last posted. I haven’t disappeared or stopped tracking my income and expenses, just been busy getting to grips with a new job. 2016 was a topsy-turvy year politically and is not one which the country…… Continue reading Happy New Year (and a multi-update)!
One of the trends I currently see in the world of work is the blurring of boundaries between work and leisure time. I know I am not alone in this. Whether that be the shackles of a smartphone, or the more benign appearance of free breakfast and beer fridges, I am aware that this trend…… Continue reading Employment and the invasion of the mind