Alan Donegan's Blog

The impact of fees on investments. Investor Series

26/12/2020

 
Sometimes things are getting gradually worse but you just don't notice!  When I was in my late twenties I ruptured my Achilles tendon playing football and stopped playing sport. I was forced into being a couch potato.  What I forgot to do was stop eating.  Major error! 
Alan Donegan: Investor Series.  Fees on investments
1% can make all the difference! Compounded over time. Wow
I didn't notice the weight slowly piling on week by week. A year passed and I was obese!  I hadn't noticed the small change each week until it was too late. ​

Fees are very similar.  They are small enough that you don't really notice them at the time, they are hidden from you and they just gradually erode your wealth over time.  You wake up a decade or two later and you aren't worth what you thought you would be!  Fees are the hidden element in investing that makes everyone else wealthy apart from you! Let's tackle fees together

Read More
Comments

Shit Happens

22/12/2020

 
Shit happens, things go wrong and problems keep coming at you! A successful life is not defined by a lack of problems. There is only one group of people in society that don’t have problems. And they are in the cemetery! Problems are one of the characteristics of being alive. 
Picture
Katie and I going to get a Coronavirus test last week.
Therefore success is determined not by the elimination of problems but by how you react to them.  This week I and Katie have had some problems.  The Donegans are human after all.  It is how we react that is important. 

Read More
Comments

Decoding the Vanguard Website: Investor Series

13/12/2020

 
You are ready to buy into an index fund and invest your hard earned cash!  You log onto the website and you are all good to go but then you start to look at the different terms.  You open it up and it is filled with jargon and indecipherable charts! What is NAV? OCF? Risk rating? Portfolio data?  How do you make sense of all this!??
Picture
The language of finance can be complex when you're starting out! Katie and I are going to break it down and help you work out how to read the Vanguard website.
You panic, close the laptop and go back to watching Netflix! When Katie and I started to look at the Vanguard site to choose which fund we had several false starts and were nearly put off investing!  Open up the Vanguard site and let's go through it line by line together...... (this is the UK site but most of the terms are the same globally)

Read More
Comments

    Author

    Alan Donegan: PopUp Business School Co-Founder, Entrepreneur, Financially Independent Pizza Lover, Marvel Movie fan and soon to be Script Writer

    Picture

    Archives

    December 2020
    November 2020
    October 2020
    August 2020
    July 2020
    June 2020
    May 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    August 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018

    Categories

    All
    Entrepreneurship
    FIRE
    Follow Your Dreams
    Fun
    Project Hollywood
    Self Development
    Self-Development
    Seo-experiment

    RSS Feed

Home
Start Here
The Blog
I built this website to share the life lessons I learn along the way, the cool stories, the adventures, the amazing people and everything I learn from all the stupid mistakes I make!  If you want to keep up to date then stick your email in below.  I promise to never share your email address or spam you!  Alan

Sign up for Blog updates and to follow Alan on his journey

* indicates required
Photos used under Creative Commons from Tone'o, bryan...
  • Home
  • Start Here
    • Financial Independence
  • Take Control of your Finances
  • Blog
  • Contact
    • Press
    • Press Coverage
  • Disclaimer
  • Home
  • Start Here
    • Financial Independence
  • Take Control of your Finances
  • Blog
  • Contact
    • Press
    • Press Coverage
  • Disclaimer