Milestones in 2015

FireworksHappy New Year to everyone, I hope you had a great 2015, and that you have a happy and prosperous 2016.

I passed some important milestones in 2015, which saw my dividend income pass £6,000 for the year, and I also took the value of my FIRE Engine past £200,000. The most important milestone to me though, as my figures show I should reach Financial Independence in 2017, is that I can now say that I will be finishing work next year.

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October Dividend Update


It’s the beginning of a new month again, and it is time to write about one of the most enjoyable experiences of investing, and that is dividends.

I have had my third consecutive month of receiving over £500.00 from my shareholdings, and have received an increase of 132% compared to November. Continue reading

FIRE Engine Passes £200,000

Image courtesy of Ambro at

Image courtesy of Ambro at

After a grim September, October has been a much better month, and as a result of this, plus the deposits I have been making into my ISA, the value of my FIRE Engine has passed the £200,000 mark, and is currently worth £200,491.62

Woo Hoo

It has taken quite a while to get there (I started in 2002), but it has only been the last three years that I have been adding serious amounts of cash into the fuel tank to allow me to seriously accelerate the FIRE Engine.

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September Net Worth Update

Image courtesy of Stuart Miles at

Image courtesy of Stuart Miles at

My last net worth update was at the end of March, I missed the June update, but can now update my position as at the end of September.

I have made a change to how I calculate my net worth, as I have decided to exclude the value of my final salary company pension. I have done this as I cannot actually take the money from this pension, or even control how it is invested, so other than the fact it will provide me with an income from 65 onwards it has no other value.

The good news is that after adjusting the March value to remove the pension value, and despite the market falls in August & September, my net worth has still increased. The increase is only quite small but my regular payments into my company pension, my mortgage overpayments and payments into my ISA have more than offset the market decreases.

I have detailed my net worth as at 30th September in the table below. Continue reading

September Savings vs Income

Image courtesy of Stuart Miles at

Image courtesy of Stuart Miles at

It is the end of the month again, and it’s time to find out how I have performed with regard to my savings versus income of performed.

This month was a standard month as regards income, but my spending was higher than normal due to our holiday in France, therefore I have only been able to save the regular monthly amounts into my ISA, Company Pension and Mortgage Overpayment

The details of my savings for this month and the year to date are in the tables below.  Continue reading

September Dividend Update

ID-100188087It’s the end of the month again therefore it’s time for one of my favourite posts, which is to show my dividend income for the last month.

I love to post about dividends because these are a large part of the fuel in my FIRE Engine and are powering me to my Financial Independence Continue reading

New ISA Purchase

Image courtesy of Grant Cochrane /

Image courtesy of Grant Cochrane /

As I am due to receive a pay-out from my shares in my employing company, I thought I would take some money from my cash savings and buy shares to take advantage of the fall in the markets (too early as it turns out). However in true FI UK fashion the share price of the company I bought shares in continued to fall, but as the saying goes it’s the time in the market that is more important than timing the market and hoping to absolutely hit the bottom by anything but luck is a forlorn hope.

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12.3% Dividend Increase for 2015

"Image courtesy of Master isolated images /".

“Image courtesy of Master isolated images /”.

As well as companies like Glaxo, Royal Dutch Shell and National Grid, who pay a high current dividend yield, I also have two or three companies who have a track record of significantly increasing their dividend each year.

One of these is FW Thorpe, who are a family run company that manufacture light fittings mainly for use in commercial applications (e.g fluorescent office light fittings, emergency and fire exit lighting and road lighting). Continue reading

Lost in France

TricolorMrs FIUK and I are currently in France on a reconnaissance visit to look for areas we may want to move to when we have reached FI, so there will probably be no posts until we return, or I may get the opportunity to upload some short posts on our travels and what we have seen (but I promise this site will not become a travel blog).

We are visiting the Midi-Pyrenees as we both love to ski and cycle so both are readily available in this area. We have only been here one day so far, and had a bit of a drive round to see some of the Tour de France cols (Tourmalet and Aspin) as well as two ski towns (Bangeres du Luchon and Barege).

Some of the small towns do look promising, so will return to have a better look later in the week.

The FIRE Engine

FIRE Engine

A lot of bloggers report on how their “pot” of savings is performing, and have created a name for this “pot”, so as I am going to start updating on my “pot”, I wanted to come up with a suitable name. As this “pot” is to fund my desire to achieve Financial Independence / Retire Early (FIRE), I have chosen to call it The FIRE Engine. I have chosen this name as it is the engine that will drive me to being able to live my life without the need to turn up at an office five days a week to work for “The Man”, in other words it is the engine that will drive me to the FIRE.

One day in the not too distant future, The FIRE Engine will provide me with the money to replace my salary and wave goodbye to “The Man” and his henchmen. Continue reading