If instead of starting the Snowball, you invested 100k in VWRP your portfolio would be worth £150,426. Whilst it’s very high risk to invest all your capital into one share as you can see from the chart, you made nothing, zero zilch, nothing for 2 years at the arrow.

But the growth is not too shabby, so maybe one day when Mr. Market gives you the opportunity you could buy the sister share VWRL that pays a small dividend and pair trade it with a higher yielder.

The comparison is that you would use the fund to pay your ‘annuity’ using the 4% rule.

Income for 2025 £6,017

The Snowball 2025 £9,175

The gap between the two should grow, especially when (not if) markets roll over.