Category: PHILOSOPHY

Riding It To The Bottom – Part 2 – Ditching the Bonds

October 19, 2023 / A Pocket Full Of Change

I published “Riding it to the bottom” on July 6, 2022. Shortly thereafter, I ended up selling all my entire bond ETF portfolio and thus converted my asset allocation from an 80/20 stock-bond split, into a 100% stock allocation. I know I had written about staying the course, which is still what I stand by. Whatever your personal investment plan statement instructs you to do, is what you should do, as it is based on your own personal situation, comforts and risk levels.

However, I didn’t just randomly switch over to 100% stocks. I’d been thinking about it for a while, and decided to dust off my investment plan for review. I hadn’t really updated it in a couple of years and the whole situation with both the stock and bond market heavily plummeting caused me to re-evaluate my overall plan.

And I did. I thought about it a lot, and about the pros and cons of keeping or ditching bonds, and what my overall goals going forward should look like.

The Sunshine List

January 5, 2023 / A Pocket Full Of Change

Out Of The Shadows

For the first time in my life, I’m just about to break through into the sunshine list. As of writing this (the end of December), it’ll be the 2^nd last pay before the end of the year, and I will have breached that mythical 100k salary barrier. And yet, I find the reality of it a bit strange…

A Primer on Fire Part 2: Saving A Mountain

February 5, 2020 / A Pocket Full Of Change

“Great! Now I know how to make my nest egg last for my early retirement. But what if I don’t care about retiring early or saving up enough to become financially independent? I love my job and want to do it forever! YAY WORK!“

That’s great! You’re either lying to yourself (and me), or you may be one of the very tiny minority that honestly feels this way, and I might be just a little bit jealous.

REALITY CHECK: Your Job Doesn’t Love You!

Do You Have a Pocket Full of Change?

November 29, 2019 / A Pocket Full Of Change

For many of us, we don’t question why we do things we do. We just do them and then complain about the consequences of our actions. We tend to be blinded by our own ignorance and, ultimately, we don’t know what we don’t know until we know it. But the change from ignorance to knowledge (enlightenment and awareness) requires an open mind, a bit of luck, and a desire to discover what else might be out there.