Category Uncategorized

Life Is A Positive Sum Game

When I was starting my blog seven years ago, I¬†noticed other blogs had small print at the bottom of the page that said: ¬© [Insert name of blogger]. All Rights Reserved I then consulted a book about blogging which also said I needed to include that legal wording. And yet I didn’t. Take a look…it’s […]

The Truth and The Whole Journey

Question: What do personal finance writers owe their audience? My answer: we owe the audience the truth. By that I mean that a blogger owes the audience as much honesty as is possible within the constraints of privacy and practicality in real life. I genuinely believe that I owe readers an ethical duty of reasonable accuracy and no […]

Now That’s what I call financial independence! 30

Everything in investing seems crazy right now. Valuations seem scary. The rate of change is scary. New technology is scary. You don’t live in the world you were born into. Like it or not, we now live in an exponential age. How to make sense of all the madness? What better way than with some […]

An introduction to Expected Value

In the classic family game of Russian Roulette, you have a revolver with 6 chambers with a bullet in one. There is a 5 in 6 chance of pulling the trigger with no adverse consequences. So in the majority of spins, playing Russian Roulette is harmless. The problem is obviously that one time out of 6 […]

The more runway you have, the safer you are

My Dad once learned how to fly a microlight, a flying contraption that looks like a bit like a hang glider attached to a lawnmower. It’s probably not the safest hobby you could choose. He learned to fly this thing at a rustic airstrip which, by all accounts, was just a grass field with a hedge […]

Now That’s What I Call Financial Independence! 29

One of the oddest things about the cultural mood over the last few years is that, putting substance aside, it has encouraged a weird sort of humourlessness on the internet about everything, in a way that removes all fun, colour and energy. Not on my watch though. Being able to laugh at yourself and all […]

Get Rich Without Recipes

Would you like to hear something shocking and sacrilegious? Okay…today I am going to make the case against the much loved institutions of recipes, cookbooks and celebrity chefs. Yes, I realise how popular celebrity cookbooks are. And yes, maybe Nigella Lawson was hot in her day? Maybe Jamie Oliver really is a diamond geezer? Maybe Ainsley […]

Financial freedom

The Hook

The idea of quitting work and never working again is “The Hook” of financial independence.  It’s the thing that first captures people’s attention. How do we know this? Well, it’s always the thing that the mainstream media focus on when they feature financial independence.  The Media know they have to lead with something that catches people’s […]

Now that’s what I call Financial Independence! 28

Opinion is divided on the Now That’s What I Call FI! series. Some say it became shit as time went on and The Escape Artist increasingly looked to have exhausted his musical repetoire. Others disagree, saying that it was always shit. But those same people would probably have criticised Michelangelo’s paintwork on the ceiling of […]

We Are Gonna Make It

Where were you 10 years ago? What were you doing? Were you thinking about investing then? How confident were you feeling? I remember 2011 well. Europe’s government debt crisis was in the news. At the time, I was unblocking the toilets of the financial system (this was before Key Workers were even a thing). I was […]