Monday, 28 August 2017

Knowledge and rabbits

"While others attempt to win every lap, it is crucial to remember that to succeed at investing, you have to be around at the finish line."
(Seth Klarman)

For today, i got few articles in my mail that made me wiser.

16 types of securities fraud - link here

Early retirement - ideas for mortgage when you have assets but no regular income - link here

Page 30 of this newsletter - one good interview with Shane Parrish - link here

Friday, 18 August 2017

Interest, scams and fair trade

Another interesting article about commission and fair trade, related to the American market, but you can read it even if you live in another country.

Link here

Saturday, 12 August 2017

Creating Wealth

Some interesting principles relating to create wealth, on this article here.
Read it and learn something new.

Enjoy it!

Wednesday, 2 August 2017

July 2017 - Monthly report

July 2017 - Monthly report

My Overview

Total portfolio: £28058 (-4451)
Debt: £767(-2101)
External funds: ZERO
Car: £500
Net Worth: £27791 (-2350)

Investments UK: £9702(-10901)
Investments overseas : £3248 ( +/- 0)
Cash: £841 7184(+6343)
Pension: £7408(+107)

Total Income: £9986 (+7155)
Passive income: £8640(86.52%)
Savings rate: 5.30%

Side hustle 1 value: £400 (+8) Liquidated
Side hustle 2 value: £5.7
Side hustle 3 value: £328 (Profit June-433)
Side hustle 4 value: £3 (Funds:482)

Some massive changes and one seemingly big loss, which in fact it is a win. The story of my cryptocurrency adventure ended this month, with £3150 as initial investment, going to a maximum of £21000, and cashed in at the value of £9500. A nice profit, even if my net worth seems to jump up and down in these past months. I liquidated my side hustle no.1, as this it was a business that i never started. I made £8 profit in interest, while i kept the money in my account.