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AuricGoldfinger

Silver Premium Member
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Posts posted by AuricGoldfinger

  1. @vand Finally got a copy if The Millionaire Next Door for Christmas. Actually got two copies as accidentally asked for it from my partner and mum! So far such a fascinating read, it’s really in line with my views on reaching FI and also the perception of wealth.

    I always find it so odd that people gauge how well they are doing by the money they have just SPENT. Spending £XXXX on for example a car doesn’t make you £XXXX richer, it just makes you £XXXX poorer!

    If you can spend £XXXX on an investment or asset, ideally that will produce a modest £X in income or growth, thats when you can get get excited, and hopefully richer. Problem is, if you’re smart you’ll keep it to yourself, unlike the guy who everyone thinks is all of a sudden so rich because of the shiny new car that is actually making him poorer.

  2. @Paul don’t get too carried away. If i was you and was even remotely considering flipping the una right now, I would strike while the iron is hot and then just use the proceeds to buy more weight. If you could buy 12 Oz for the price of 4 OZ in a short space if time you’ve done well. Especially if your a stacker not a collector, might be better flipping the coin while there’s a buzz if you’re considering. 
     

    If you prefer the thought of long term ownership plus potential further gains then just hold on to it, shes a beauty!

  3. 4 hours ago, TheGeneral said:

    Today I received some cheep coin capsules to tidy up my gold stash in my lovely new box that @Alun made me. 

    Work well on the full sovereigns and quarter Brit but a little rattle on the 1/2’s. 

    661A94EC-FEFD-4F9F-B370-607F91F60B3F.thumb.jpeg.25be08a8c89174dd6e31527f98ef66d8.jpeg

    36C1D910-A0C7-4B36-A663-3D26C052777B.thumb.jpeg.6631914ebee96c6e7ce9363174b0798b.jpeg

    32600EC2-1B4A-4C89-9320-6B97896CCE67.thumb.jpeg.dd954fed8943045825dc1a4bbcfb2dff.jpeg

    Does anyone know of any inserts available for these capsules so the half sovs are more snug?

  4. On 12/01/2017 at 22:46, savoyard said:

    I thought not having to work for a paycheck was rentiering, not FI. 

    There’s a BIG difference between not having to work and retirement.
     

    Im financially independent but I’m not at what I consider retirement level, I don’t HAVE to “work” to pay my bills and have some disposable income to play with afterwards to live modestly, but i would want double what i have now in assets and income to even consider retirement.

    It’s took me around 8/10 years to get to this stage and I’m hoping in another 6 I’ll be at my goal of X in assets and Y in passive income. I work pretty much full time, and would continue to do so as I hopefully reach and surpass goals, main goal being to just further secure this position.

    To the OP, your nearly a year in so just wondering how it’s going? 

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