Middle Aged Plan | Too late to FIRE??

Thread… Ending 2020 with a small pension, limited savings and realising that I'm going to be working till >65 years at the going rate was eye opening. So I gave myself 5 years to sort my finances out and leverage ways to retire way before that. (1/5) ⬇️

@n00b_investor Until they all get heavily flavour or advertising restricted..

How it started vs how its going..... Nice work #SUP team 🤯 Can we expect £50m from Elfbar then...? And £4m EBITDA? 😉

@saveandinvestuk Congrats, what was your subject. Is that Cheltenham?

Happy graduation 👨🏻‍🎓 3 years of hard work all for this moment!

@inkmattic At least their 3rd funding round if my memory serves me.

Looks like Chip is crowdfunding. What are your thoughts?

@withplum Is there a log-in issue at present. Neither PIN or email working..

WFH and Ryder Cup on the radio. It's going to be a good Friday. #RyderCup

@TheSecretAcct I think WFH is more of a perk as you reach the age where you are likely to have school children, other outside responsibilities etc.

I’m guessing school leavers/graduates will be keen on getting hybrid working jobs. Based on supply & demand will the pay for those jobs consequently fall & increase for jobs where you have to be at the place of work? Watching cricket & a bus went past. Can’t drive a bus from home

@hayleyinvests Would be very tricky for me to recover fully, if at all. Would certainly be working well past state retirement age (66 > 67)

How long do you think it would take you to get back to your current financial state if you lost everything right now? 🤔

So, now the money is out it's going to be deployed as an investment in a local business. Happy to answer questions

10) Don't try and time anything. 11) Automate; take both the hassle and emotion out of the process 12) Budget, and be honest with how much you can invest and realistic with what this can achieve in your timeframe

CLOSED MY GIA Yep, completely closed, with overall loss. Why, and what I've learned. Thread 1) It wasn't tax efficient. Only after my £20k pa S&S ISA limit was reached should I have even considered it. 2) Unless you have time, and are financially savvy, don't pick stocks.

@AdamFinCoach I've ran two service based businesses before, both operating with 45 mile radius. 1) "Area" Fencing 2) "Area" Environmental Both seemed to work well for search engines, memory and carry a bit of local kudos

@MiddleAgedPlan Anything currently in the works ?

If you set up your own company. What would you call it?

@FreedomFinLB Awake no later than 05:30.

How late are you guys staying up? 😳 And how early are you guys waking? 🌅

@BeeMoneySavvy Any idea what the numbers look like when the value of property is stripped out?

Average UK #networth by age: 25-34: £85,000 - £200,000 35-44: £200,000 - £300,000 45-54: £300,000 - £500,000 55-64: £500,000 - £1,000,000 65+: £500,000 - £1,000,000 Source: ONS. Total wealth is the sum of property, financial, physical, private pension.

@makingmsimple Ltd Co in AUS or UK?

Paid my corporation tax bill for 2022 today. Never nice seeing a chunk of money leave your bank account… but contrary to what you might think paying tax is a good thing - as that means you’ve made money. Although, of course, it’s good to reduce your tax bill where possible.

@WayBudo 2) Pharma companies don't 'prescribe'- that's clinicians based on risk/benefit in most instances. So I assume you infer that the medical profession as a whole acts under undue influence of pharma Co's?

@WayBudo 1) Products are benign? They include some of the most biologically active substances- carcinogens, reproductive toxicants, addictive and environmental potent. Or do you mean you don't believe in their efficacy.

Imagine Nietzsche on Xanax or Mishima on SSRIs, This chemical lobotomy kills the spirit. Wage war against big pharma.

@MrRee2323 @TheMoneyEarner1 I was gubbed pretty quickly by one site but others are OK so far. Only 2m in though...

@TheMoneyEarner1 Won’t be long before your account is restricted 😆

Getting into the swing of this matched betting lark now