Month-End accounts: December 2018 (2)

So December is been and gone and it’s now 2019.

The market gods looked unfavourably on us all this December with stock markets hitting lows.  My net worth was down about 1.3% which might not sound like a lot but it feels like a lot to me, it is over £10,000 after all! Continue reading “Month-End accounts: December 2018 (2)”

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Month-End accounts: December 2018

I decided to wait until the full end of the month before doing my month-end accounts.  I honestly couldn’t be bothered and it takes me maybe too long to do a good job and the analyse the results.  I’ll wait until the new year and then post.

Instead, GFF will be basking in the warm blow of a woodfire and the love and adoration of his Gentleman’s Family.

It’s a good time for me to think less about money and more about what’s important in life.  Remove distractions from life and focus on what’s truly important – and that would be eating mince pies and drinking coffee all day. 🙂

 

Have a good Christmas everyone!

Thanks, GFF

How to Survive a Bear Market Attack!

The cold winds of Autumn have put an end to our Summer of booming optimism.  Now, it’s coming to Winter and you should be on the look out for Bear Markets!  Instead of hibernating this year and letting us enjoy a Santa Rally, global warming has meant that they are awake, cranky and desperately hungry (for your money!)

But how to best survive a Bear Market Attack?  Find out more… Continue reading “How to Survive a Bear Market Attack!”

Overdraft sad face: why spendthrifts are good for the economy and good for me

Just thinking about what I wrote yesterday and I think that I’ve been a bit unfair.  One of the things about time and money is that it’s nobody else’s business what you do with it – in some cases even if what you are doing is illegal, dangerous or just plain stupid; it’s your time and money and you can do what you like – just try not to inflict the negatives onto other people.  As someone who was on to this a long time ago said better “Private vice, public benefits”. Continue reading “Overdraft sad face: why spendthrifts are good for the economy and good for me”

Overdraft Sad Face: the embarrassment of riches

I read this article on the BBC which is all about the how spending money you don’t own is a recipe for disaster or to put it another way “Overdraft woes: ‘We were one bill away from disaster'”.  Since the general consensus in the UK is that you are not responsible for your own financial decisions, the nasty banks are making money out of hard working debt slaves families.

GFF sees this as a symptom of a much greater problem and one that deserves a bit of discussion

Continue reading “Overdraft Sad Face: the embarrassment of riches”

The Dangers of Double Counting

I’ve just uncovered a mistake in my Expenses Spreadsheet.  It tracks all of my Income, Outgoings, Assets, Liabilities and Transfers.  I’ve been keeping it in some form for 17 years and if I spent as much time as I have working on it, learning the piano, I’d be a maestro! Continue reading “The Dangers of Double Counting”

Month End: October ’18 – assets and spending

What a difference a month makes!!!

Whilst I was enjoying family bliss away from the world, the world was going to pot!  Stock markets were crashing and all sorts of scares were about.  I didn’t pay much attention to it, although  I did see it as a buying opportunity.  But mostly my focus was on family – but since you wouldn’t put a price on your kids, I’ll leave them out of the equation.  So, here’s how the month went for us: Continue reading “Month End: October ’18 – assets and spending”