Top 5 Portfolio Holdings – UK Index Fund

uk index fund investingHere are the top 5 companies in a typical United Kingdom (UK) Index Fund. Investing in index funds is a way of owning slices of real companies which provide value and generate income. It is like having millions of workers doing their best every day to make you wealthier, even if it is at a small scale initially. This is part of a series of posts outlining the top company holdings within index funds for Continue reading

How to buy and run a car – the frugal way

buying used car bmw E30Saving money on buying and running a car can be a very important step to ensure financial freedom and bolstering your net worth. In the UK it has been on the news recently that car finance deals have soared to record levels. Motorists have spent £3.6 Billion on car finance deals in March 2017 alone! That is a 13% increase when compared to March 2016. This is not surprising considering Continue reading

Emergency fund: Why you need one to build wealth

emergency fund“Anything that can go wrong, will go wrong” – Murphy’s Law. An emergency fund is very important and considered to be the first step of building wealth. The definition of an emergency fund is a fund or a collection of funds which can be used to cover unexpected expenses that are certain to occur to most people. As Murphy’s Law says: “Anything that can go wrong, will go wrong”. Continue reading

Lessons from Berkshire Hathaway – Build a Business and Invest in Stocks to Grow Wealth Faster

Berkshire Hathaway meetingAs today is the 6th of May it is one of my favourite days of the year. This is because the 2017 Berkshire Hathaway Annual Shareholders meeting will be held in Omaha, Nebraska at the Centurylink Center. Thousands of diligent investors will turn up to witness Warren Buffet speak and as always, the Oracle will provide long lasting insightful financial advice suitable for all. Continue reading