Simple Living in Suffolk
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Journal of a 50-something professional looking to get out of the rat race early and start living simply, with intent.
Simple Living in Suffolk
3d ago
Opening up Vanguard to add £10k of ISA contributions to buy VUSA, I come across this impressive chart of the amount of moolah a punter could accumulate, had they invested in the MCSI World Index since 1999. Nowadays you can do that easily, just go buy an ISA limit of VWRP on each April 6th ..read more
Simple Living in Suffolk
1w ago
The cynical bastard Wolfgang Pauli said of a particularly rubbish academic paper that it was so off its not even wrong And that can be applied to the Torygraph’s latest personal finance seeker of wisdom/AI clickbait1, opening with I’m 52 with £13k of credit card debt — how can I buy a Range Rover? From ..read more
Simple Living in Suffolk
1M ago
Monevator has an article for those who are frightened of the frothy US markets (paywall). I got into slight hot water last time by oversharing one of those so I will summarise that if you are frightened that 60% of your world tracker is the US then you can lean against that, unsurprisingly by investing ..read more
Simple Living in Suffolk
1M ago
There seems to be a pushback on the whole idea of FI/RE of late by a twin axis of Calvinists who think work is good for the soul, and perhaps the slow realisation that the goal is getting harder as times go by. There are a few reasons for that increasing difficulty – the people ..read more
Simple Living in Suffolk
2M ago
Monevator has a new decumulation strategy article (paywall). That is more of a deep dive than the general pack-drill, 100 – your age in bonds. Bonds turned out to have more complexity that most people expected. In particular while you can know what a specific bond pays out if you hold it to maturity, if ..read more
Simple Living in Suffolk
3M ago
A new year, a new world. There are good things in it – looks like Pine Martens are building their ranks in England, after having been persecuted to extinction by the landowning aristocracy, which have a dreadful attitude to the entire mustelid family. I collected £1500 from, Monevator’s Mogul’s tips, which pretty well covers the ..read more
Simple Living in Suffolk
5M ago
Jezza’s at it again. Much is made of a 2pc drop in National Insurance, which is all very well but given the £12570 tax threshold was frozen since 2021 and would now be worth £14874 you’re paying £400 more in tax anyway. Sure, every little helps as they say. You have to be earning £21k1 ..read more
Simple Living in Suffolk
5M ago
Monevator has a weekend reading where the general sentiment is that investors have been taking some heat of late. I have become a pussy, it seems, as I can’t really say I have taken such a lot of stick, although the high rate of inflation makes that hard to observe. I found it hard to ..read more
Simple Living in Suffolk
6M ago
Many years ago, Thatcher made a big song and dance about wanting to cut the headline rate of income tax, which was 30% at the time. Higher rate tax was at a much higher rate, the Beatles who were so pissed off about it they wrote a song about the taxman. Thatcher was right, a ..read more
Simple Living in Suffolk
7M ago
We decided to use the end of the school holidays to visit East Anglia. A joy of getting the work monkey off your back is you can take time to travel, so we staged the journey, first stopping off at Worcester where we would leave the M6. We went into the city to have a ..read more