Pages

Monday 6 July 2015

FI thoughts

This is a quick post of various thoughts I have had today.....

TLA's to learn
  • FI = Financial Independence
  • FIRE = Financial Independence Retire Early
  • 4% = the kind-of accepted drawdown rate for FI
  • Net Worth = total amount of saving less borrowings (including or excluding your own property - accepted to exclude your own property)
Which UK platform to use?
I would love to do a poll of platforms.  hl.co.uk is what I use use - v simple to use site, but not cheap! Like banks, people tend to fall into using a site and stay.  Monevator does a nice list of each one.
There is also no nice 'net worth' site to use...excel wins.

How much are people saving?
Many of the blogs have a net worth and savings % on a regular basis.  Portfolios are a popular post, as well as the merits of dividends & passive income.  Some blogs post cash amounts/others are more private about their amounts/goals.  I have posted a list of UK net worths ones and got to 10....are there any more?

What are most people investing in?
Lots of people are moving to Vanguard.
Lots of dividend investing.
Less buy to let than I expected
Lots of people enjoy the process of investing.

Who is blogging, how well read and how often?
Would be interesting to see - what blogging sites are there, when started, what kind of hits do they get etc

List of UK Bloggers Net Worth (and some Europeans...)

Hello

I love the way FI bloggers are so open about their goals, investments, dividend income and best of all their total net worth.  It's been inspiring to see the increases over the last couple of months that I have discovered and been following these blogs, and it should be interesting to see how everyone copes with the markets going down.

I have put links of all the blogs that have a £ net worth in £ order.

This isn't a contest, in fact the whole saving thing is the opposite of a contest, otherwise all the savings would go on flashy cars.  I'm still being shy and not publishing my own net worth, but the inspiration to do this blog was to benchmark my own net worth against others.

Also noted are the targets.  Now these are my reading of the individual bloggers target.
This blog - rockstarfinance.com - was the inspiration but mainly consists of US & Canadian bloggers.

I'm going to try to update monthly...don't hold me to it yet, and if I have missed your blog, please let me know via the comments.

FI Bloggers net worth @ July 2015

  1. Financial Independence UK £555,988 - Target FI!
  2. Good Financial Choices @ £299,439 - Target £1,000,000
  3. theFIREstarter @ £148,019 - Target FIRE in 5 years
  4. Keeping The Cauldron @ £124,353 - Target FI!
  5. The Finance Zombie @ £117,086 - Target FI by 45
  6. Quietly Saving @ £95,513 -Target Save £250,000 by 2030
  7. Financially Free by Forty @ £60,175 - Target FI £250,000 by 2022
  8. Mr. and Mrs. Geek @ £64.668 - Target FI!
  9. Early Retirement Guy @ £59,639 - Target FI!
  10. Dividend Legion @ £21,185 - Target FI!
  1. No More Waffles @ €65,719 - Target FI by 40
  2. The Finance Things in Life @ 569.953SEK - Target FI 6.500,000SEK

There are many other great FI / FIRE blogs that give % increases or don't mention their net worth that are fab, see my other post on blogs I follow.   

Cheers

Finance Panda

Thursday 14 May 2015

A list of mostly UK Blogs....

So here is a list of blogs I have looked at over the last few days while I have been thinking about my Financial Independence (FI),

I will post more about who I am /what my goals are /why I'm posting later but this as they say, is the first step on a journey....

Please comment if you have a blog you read to add, you write a blog and want to add


Cheers

Finance Panda