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About me Fortune favours the bold. I'm The Brown Pound, I serve the public health sector in England although I've always been fascinated by Finance. I love reading the Economics section of the newspaper starting in my late teens even if I barely understood the articles. Finally got back into it in 2017 and started my investing journey in 2018. There are hundreds of FIRE blogs out there. I will not regurgitate the same ideas; the blog is essentially my idea dump board. Whatever comes. My strategy is very simple, although most of my time is allocated towards my investment portfolio that I actively manage. I allocate traditionally but mostly towards the crypto markets nowadays. Polite disclaimer. Nothing expressed in this blog is financial advice. Please do your own research. Savings Rate 2020 - 79.23% 2021 - 57.52% 2021 Portfolio Performance Trading Account +50% Crypto +100% Vanguard +34% |
Strategy ✅ Follow a detailed monthly budget. ✅ Maintain a monthly savings rate of >50%. ✅ Save 3 months worth of emergency fund. ✅ Pay off all debts. ✅ Do not mortgage. Rent. ❌ Boost emergency fund to 6 months. ✅ Invest in stocks and shares. ❌ Buy physical assets. ✅ Invest in alternatives like crypto. ✅ Own a business. ✅ Save for (grand)kids and other goals. ✅ Contribute to a pensions plan. ✅ Manage a trading and investment portfolio account for life. ❌ Cashflow all expenses from passive income. |
Disclaimer: The views expressed on this blog are personal opinions only and should not be construed as financial advice. While all attempts are made to present accurate information, it may not be appropriate for your specific circumstances and information may become outdated over time. Please make sure to do your own due diligence and seek a trusted financial professional before making any financial decisions of your own.
