Investing in the stock market for the first time: a retrospective (Part 2)

This is the second part of my experience of my first year investing in the stock market.  Please read Part One first.

Being a foreign investor

I had no clue how things worked being a foreign investor, could it be done?  The answer is yes. The great thing about the Internet is that it has opened everything up so that even someone as clueless as myself can own a share in companies all over the world.

I can’t comment on companies beyond the UK and US, but for my US shares, I just had to sign some additional forms declaring my legitimacy for receipt of dividends.

Another tip to consider is to always take into consideration the current exchange rate, I have overestimated how many shares I can buy due to miscalculations.
Continue reading “Investing in the stock market for the first time: a retrospective (Part 2)”

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Investing in the stock market for the first time: a retrospective (Part 1)

Investing in the stock market: the risk-averse saver

I have always been a good saver and back in the pre-recession days (of 2007) I enjoyed the benefits of getting a whopping 6% interest.  Not bad for low/no risk investment.

But since the crash, rates have never recovered and you are lucky to get a saver that offers 1.5 percent.  I felt like I was being punished for being a saver – watching my money gradually lose value against the rate of inflation.  I decided rather than blaming the system, I should start pursuing other options.

The stock market always made me feel a touch cautious, the fact that money I invested – my hard earned money, could be less or even disappear completely was daunting.

The media didn’t help either, quick to report when the share prices dropped (but not so much when it recovered) and trading websites were overloaded with ‘expert’ analysts using confusing terminology saying why a stock was a poor investment, it all seemed confusing.

I decided after sitting on the fence to make a relatively small investment that would not impact my life if things were to go bad.  And with that, I made the jump into the world of investing.

Continue reading “Investing in the stock market for the first time: a retrospective (Part 1)”

Why do you want more money?

In my last post I discussed about keeping goals simple.  A major part of this is how important it is to apply a metric to any goals that you set so that there is room for measurement as you progress.

This got me thinking about a goal that is very easy to apply a metric to that I would say 99.9% of people in the self-improvement field possess.  Of  course, I’m talking about –

Money

Money goals come in many forms:

  • To get a job that earns ‘X’.
  • Be a millionaire.
  • Make ‘X’ amount a month in passive income.
  • I want to be rich.
  • I want to be debt free.
  • Increase my business profit.

Some of these read better than others, applying a metric is better than a vague aspirational statement saying –  “I want to be a millionaire” is worthless, as it is nothing but a dream without any clear plans in place or a clear why you want to achieve that goal. Continue reading “Why do you want more money?”

The Manifesto of Perfection – Where to Start?

Hi all,

I have recently taken the time to update and add my ‘Where to Start’ page to the sites menu.  This is a place for new and established readers alike to have a look at some of my favourite posts since I started the site in February 2014.

I have broke these down into the following areas:

  • Creativity – Posts about writing, blogging and general creativity
  • Health – Posts about nutrition and fitness
  • Money – Posts about work and finances
  • Self-Improvement – Posts about goals, mindset, habits and generally living a better life

I will probably update this page again soon.  But please see a copy of the links on this page below to see if there are any posts that take an interest.

Finally thank you for continuing to read, liking and commenting on my site.  I appreciate all feedback! Continue reading “The Manifesto of Perfection – Where to Start?”

Perfect Blogging: Don’t take the piss

Hello dear reader,

Upon the positive feedback on my post writing good comments on a blog, I thought I would extend my advice to another area that irritates me in the world of blogging and blog writing.

The irritant is when a site or an author takes the piss out of their loyal readers.

Firstly I will give a definition of my colloquialism:

take the piss (out of someone or something)

phrase of piss

  1. [British] vulgar slang

Mock someone or something


Right now that’s cleared up onto the issue… Continue reading “Perfect Blogging: Don’t take the piss”

Competition in the work place

I really love my job, it is probably the best one I have ever had.

It is strange because when I got the new job it was a step up from the old one.  I have more responsibility and more money.  But unlike my other job I am back at the bottom – basically I am the office junior and have to do all the tedious work that comes with that. Continue reading “Competition in the work place”

The Customer is always right

I used to volunteer as a manager at Oxfam.

One day a customer was arguing the toss on getting a discount on the set price.

This was normal practice in the shop as everyone who tried to haggle had the same argument

“But you got it for free – so what does it matter what you charge?” Continue reading “The Customer is always right”

How to make an impact when you follow in a successful person’s footsteps

Following in the footsteps of someone who is exceptionally talented can be a daunting and intimidating prospect.

Whether it is with work where you take on the job of someone who is described as “invaluable” “a massive loss when they left” or “did so much for us” to having family or friends who are massive successes in your own right.

This can all put a bit of pressure on you where you will just feel inadequate and maybe even think “it’s not even worth trying – I will never be as good at them!”

The temptation is to quit or just be average at best and not care what other people say. But mediocrity is not the best approach to life.  There are other ways of making your own mark – even against someone who sounds like the second coming of Jesus Christ himself! Continue reading “How to make an impact when you follow in a successful person’s footsteps”

One simple way to improve your job application

Want to know how to make a job application or covering letter more appealing to your potential new employer?

For many years when I completed job applications I always thought from the perspective of myself – the skills, knowledge and experience that I could offer – which in theory sounds right because I am showing why I was the most qualified person to do that position.

But the problem is I was competing against a pool of applicants who were also just as qualified to do the job.  Therefore I didn’t stand out to be offered interviews.
Continue reading “One simple way to improve your job application”

Cogs

In the corporate world there seems to be a big hard-on to aspire towards top level leadership.

Answering e-mails on your holiday or at your son’s football game doesn’t really sell it to me.

As a by-product of this thinking many organisations almost shove this level of career development down it’s workers throats.

But what if someone doesn’t want to?

Continue reading “Cogs”