The plot thickens!

Our Mr. Kirk is revealing more things about his (public) portfolio.

It's kind of nice to follow along his public-facing notions and get a glimpse into his personal finances -- or at least his invested retirement savings.

You may remember that my investment goal is to have a million pounds in my retirement pot by the age of sixty, which is in 2032. Seemed crazy at first. Turns out I’m going to smash it with five years to spare.

extrapolating his recent returns, he's jokingly predicting seven figures by Jan 11.

everyone knows that global equities have been on a tear. It’s just that for my portfolio, the choice and timing of the funds I’ve owned or sold over the past few years has resulted in a perfectly exponential return. What are the chances?

At LEAST he has the wherewithal to grasp that it's luck (and weird fiat markets), not skill.

since inception — which I define as my first Skin in the Game on November 19 2022 — I’m now up 60 per cent on the measly £438,300 I began with after almost three decades of employment. That feels good, I must say.

Would have been 75% in the S&P 500, he admits; oops. (Man of honor adds that with gold's 135%, he'd already passed the million mark...even with bitcoin's death throes pathetic development in recent years, by virtue of it hitting the post-FTX low exactly, he'd be 270% up.)

Then again, he rightly objects that it would have been way riskier: dollar, S&P 500 vol (and in our hard money examples, waaaay more jump and uncertain).

To what do I owe these superior returns? Luck definitely. Contrary to what I preach, I made a few market-timing calls that worked out OK. Other than that, I stuck to my rules of only holding indices that are cheap and never owning Europe. #1020250 Lest you think me smug, though — and after decades in this game I know investors who so much as grin are punished — I’ve crunched some other numbers that make me look a right wally. And you too for reading me!

"what if I had done absolutely nothing since that first column three and a half-odd years ago? What if I had stuck to the holdings I originally had in those two old company plans?""what if I had done absolutely nothing since that first column three and a half-odd years ago? What if I had stuck to the holdings I originally had in those two old company plans?"

then he'd be, you know, 8,000 quid behind... a measly 1% lower than currently. He calculates that to be £67.79 per column. More than I get paid from ranting to the Schtackers!

Here's his BORING pretty conventional portfolio. LIVE A LITTLE, dude!

https://archive.md/EQ185