When cash was king

I promised my twitter followers something special: Been doing some number crunching on UK returns – with a very surprising result. Watch this space… — Young FI Guy (@YoungFIGuy) August 16, 2018 So here it goes. It’s 1 January 1989, the Soviet Union still exists, Kylie Minogue has just conquered the charts with her debut…

How we track our expenses

Tracking expenses is one of the most important ways to take control of your finances. You can’t actively manage your money unless you know what you spend your money on. That said, tracking your spending can be tedious – manually entering hundreds of transactions a month is nobody’s idea of fun. Things are getting better,…

Mrs YFG: our ideal life

I was listening to a ChooseFI podcast this week and it set off my idea for this post about our ideal life. The podcast asked me to think about my ideal life post-FI. If money was no object, how would my life look? I’d never really thought about it in that way and so I…

Pension costs and transparency inquiry

The Work and Pensions committee is launching their pension costs and transparency inquiry (link)[1]. According to the committee, they are seeking your views on whether the pensions industry provides sufficient transparency around charges, investment strategy and performance to consumers: The Inquiry will examine whether enough is being done to ensure individuals: get value for money for their…

Asset allocation and the UK efficient frontier

Asset allocation is the single most important factor in determining the returns of an investment portfolio CFA Society UK We would do well to remember that asset allocation is the most important thing for investors. A lot of the noise in the financial media is about selecting funds. Even I fall foul of that, talking…

Last Chance U and Financial Independence

One of my favourite Netflix shows is Last Chance U. It’s about Junior College Football in the US. In the States, College Football is a big thing. Talented kids get scholarships to go to the top colleges to play American Football with the dream of making it to the NFL. In Last Chance U, the…

Why the Lifetime ISA is not a simple to understand product

I’m gonna be upfront here, this is going to be a bit of a rough and ready post. It’s incredibly one-sided. But hopefully, I’ll be coherent to persuade you of one thing: the Lifetime ISA is a complex and confusing product. The Lifetime ISA was drawn into the firing line after the Treasury Committee recommended…

Are you a palms up or a palms down person?

I believe that there are two types of people in the world. There are those with their palms up – people who want something for nothing. And there are those with their palms down – jumping at opportunities as they arrive. The former are reactionary: things happen to them. The latter are masters of their own fate: things…

Mrs YFG: why we don’t fight

Mr YFG and I were on holiday recently, sat on the beach in the delightful Mediterranean heat. All you could hear were the waves and seagulls….and an elderly couple bickering. This couple had been on the same beach as us for a few days and the theme had been the same. The elderly lady barked…