The blog ‘s plan is to invest 100k of seed capital in a portfolio of Investment Trusts that pay a dividend.
Now u may not have a spare 100k laying around and if u do u may not want to commit that amount of money.
The blog portfolio intends to earn a ‘pension’ of between 14 and 16k within ten years, currently year 2 where the portfolio is ahead of target.
No new funds will be added to the portfolio but u may be willing to add funds as the portfolio achieves it’s yearly fcast.
As interest rates fall, let’s assume when u want to take an income from your investments an annuity is available at 4%.
U would need to increase your 100k of seed capital to 400k and surrender all your capital for the privilege.
GL with that if that’s your chosen option.
I forgot to mention that the blog portfolio whilst providing a ‘pension’ u will also have all your capital to withdraw, if your circumstances change.
I’ll do a review of the portfolio, the fcast and the target at the end of the first quarter this weekend.
Current cash to re-invest £830.00, with a further £470 to be added to the Snowball tomorrow.
Your point of view caught my eye and was very interesting. Thanks. I have a question for you.
I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.
I’m amazed at how clearly you express your ideas.
Your explanations are always spot-on.