A simple approach to successful personal investing with the goal of generating a growing income from a portfolio including cash savings, shares, corporate bonds and government-backed investments, using online savings and brokerage accounts and shielding your investments from tax wherever possible.
Making money since 2011
Last month I suggested that it would be possible to create a DIY geographically-diversified income-oriented portfolio using just ETFs (Exchange Traded Funds). The idea was to create a long-term DIY portfolio that was easy to administer and which also minimised risk, whilst retaining (what I see as) the benefits of a yield-based income-oriented approach to investment.
One reader asked whether it would be possible to review the past performance of such a portfolio - so here goes...
I've been AWOL and AFK* for a week - cut off from civilisation in deepest Oxfordshire; no news or share-price up-dates.
Firing up the spreadsheet on Monday morning - a little apprehensively - I was very pleased to see that the DIY Income Investor portfolio has hit another all-time high valuation. It could have gone the other way, of course.
With the portfolio increasingly on ETF autopilot, there should be less and less to do. However this week it did seem necessary to sell something - and it was an ETF. Here's why...