MFW & Retirement Planning on a Single Income

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  • nellis10
    nellis10 Posts: 1,350 Forumite
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    edinburgher wrote: »
    It's about £20 for a copy, imagine it can save most new investors £££££, sometimes it's worth paying for something! :D

    I have it in my amazon wishlist :)
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  • nellis10
    nellis10 Posts: 1,350 Forumite
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    AnotherJoe wrote: »
    Also read this short blog entry https://www.ft.com/content/24b98a82-b55e-11e6-961e-a1acd97f622d

    I'm not giving the FT a penny of my money! "Fake News"* :rotfl::rotfl::rotfl::rotfl::rotfl::rotfl:

    *I'm too cheap to buy online newspapers lol
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  • nellis10
    nellis10 Posts: 1,350 Forumite
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    • Sent off my gubbins for remortgaging application.
    • Sent off my direct debit for new S&S ISA
    • Reviewed February's Budget for savings
    • Completed March's Budget based on next pay day of 2017-03-24
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  • Tropically
    Tropically Posts: 427 Forumite
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    edinburgher wrote: »
    Buy a copy of Tim Hale's 'Smarter Investing' :)

    Is it good for a moderately comfortable investor who is self-taught?
    Mortgage started at £318,000 in June 2016. Original MF - 2041 :eek:
    2nd Property Mortgage at £275,000. Mortgage free: 2049 :eek:
    Total OPs: £29529
  • edinburgher
    edinburgher Posts: 13,462 Forumite
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    Tropically wrote: »
    Is it good for a moderately comfortable investor who is self-taught?

    I'd argue it's good for any investor
  • nellis10
    nellis10 Posts: 1,350 Forumite
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    edinburgher wrote: »
    I'd argue it's good for any investor

    Even for those starting late and with only minimal amounts to invest?
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  • edinburgher
    edinburgher Posts: 13,462 Forumite
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    nellis10 wrote: »
    Even for those starting late and with only minimal amounts to invest?

    Absolutely - one of the first things you'll read is how investing for a decent retirement income requires regular, meaningful payments to make it work :p
  • nellis10
    nellis10 Posts: 1,350 Forumite
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    edinburgher wrote: »
    Absolutely - one of the first things you'll read is how investing for a decent retirement income requires regular, meaningful payments to make it work :p

    Emphasis on the meaningful payments...lol
    I don't have a lot to invest!!!
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  • edinburgher
    edinburgher Posts: 13,462 Forumite
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    You have £100k+ in invested? You'll not starve in a ditch ;)
  • nellis10
    nellis10 Posts: 1,350 Forumite
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    edinburgher wrote: »
    You have £100k+ in invested? You'll not starve in a ditch ;)

    £100 not £100K!!!! Lol I wish I had £100K to invest!
    Been looking at my budget and I should be flush but I have it spread all over the place!

    Once I get debt free by June I'm going to have to sort out what I'm going to do with my money. At the moment I have all these plans but I can't do them all at once.
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