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Not your normal mortgage free diary

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Comments

  • Hi there!
    and welcome :)
    this whole mf thing gets rather addictive as you will see ...
    Afraid another one here who knows nothing about stocks and shares but people have different ways of making money/earning etc and its all going towards the same goal - I guess its all about levels of risk and it sounds like you have made some great savings to start with too!!
    Look forward to seeing your progress :)
  • elantan
    elantan Posts: 21,022 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    I don't think you'll pick up many tips from me - theres so many different approaches to investing its a matter of finding what is right for you.

    As i said before i started off with my finger in many pies and in the end found i hadn't researched them well enough. Now i stick to a much smaller amount of shares and research the hell out of them to limit any nasty surprises. (Again other people would say diversification is key)

    My only tip if there ever was one would be to not pay to much attention to what is posted on the various bulletin boards (iii lse advfn etc) as you just never know if someone has an agenda behind what they post.

    Will certainly be interesting to look back over my diary in the coming years and see how it's all gone.

    just talking about it in a language i can understand is a great help tbh ... i swear i think it is a secret society where you have to have a certain kinda handshake with your trouser leg half way up before your allowed in to understand it lol
  • Well, the crucial thing is two things;
    1) You're thinking long term for your savings and
    2) you've got a target (to buy up north).
    As long as you have those two mindsets, then you're on the right lines.
    Have a great time progressing, and I hope you have a positive financial year for 2012.
    Feb 2012 - onwards MF achieved
    September 2016 - Back into clearing a mortgage - Was due to be paid off in 32 years in March 2047 -
    April 2018 down to 28.00 months vs 30.04 months at normal payment.
    Predicted mortgage clearing 03/2047 - now looking at 02/2045

    Aims: 1) To pay off mortgage within 20 years - 2037
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