The DIY Income Investor (and family) is going on holiday soon: 21 days of all-inclusive relaxation, away from the markets, with the portfolio on automatic pilot.
But the important point for today's post is the choice of holiday. One of the fundamental ideas behind the DIY Income Investor approach is to bear down hard on expenditure (whilst in parallel increasing income). Now, in extremis, this might mean putting off the holiday till the next year. But provided the budget allows it, at least get a holiday that is good value.
This year's choice (like last year's, and the one before) comes out at a total price that is less than that of a modest hotel room, but includes excellent food, comfortable accommodation, day-long entertainment and international travel.