Safe Withdrawal Rate Experiment – Month 18 – June 2016

Brexit came clattering onto our plates in June.  Let’s have a look at how the safe withdrawal rate experimental portfolio got on with that huge shock;  The standard recap We are now 18 months into my experiment, where Mr Z in Parallel Universe Number 1 pulled the trigger on early retirement.  This is a completely fictitious portfolio. It will hopefully give some insight into what… Read more »

June 2016 – NetWorth and Savings Rate Update – A peak reached?

Dear Savings Diary… Another month rolls on, I saved some money and the world inched forwards.  Well, maybe it inched backwards following the Brexit result.  Sad times indeed, but as The Escape Artist points out the world continues and it’s not the coming of the Fourth Reich. Indeed, it seemed to have a positive impact on many people’s NetWorth, if we… Read more »

Why Series: Why Invest?

Why Invest? To protect against inflation.

Before we consider the question, ‘Why Invest?’, let’s take a step back.  A little while back we had a little look at the question “Why Save?”.  I made some points and some readers came back with some even better points. Mrs Smelling Freedom noted that we should save “Because life is full of surprises, some sweet and others bitter, and… Read more »

May 2016 – Networth and Savings Rate Update – Climbing

Dear Savings Diary… The weather is heating up a treat, enough to have spent some time out on the bike, spinning out some nice 50+ milers at the weekend and even a couple of cheeky 30 milers before work. Roll on Sunday and the NetWorth spreadsheet is opened up and methodically updated to the background noise of some good music.  As… Read more »

Safe Withdrawal Rate Experiment – Month 17 – May 2016

The markets during May have felt like they have slowly ticked up upwards, despite concerns over the Brexit.  Let’s have a look at how the safe withdrawal rate experimental portfolio got on.  The standard recap We are now 17 months into my experiment, where Mr Z in Parallel Universe Number 1 pulled the trigger on early retirement.  This is a completely fictitious portfolio. It… Read more »

Needs and Wants

What do you Want or Need?

Our Wants & Needs are constantly doing battle for our attention, and more importantly our time. Spend too much time on our ‘Wants’ and our quality of life will actually start to decrease or we’ll start ploughing through too much money. Spend to much time on our ‘Needs’ and we start to get a bit resentful, life starts to feel… Read more »