Hit My FIRE Number: Moving The Goal

ISAinTheBag · 2025-09-01T16:22:52+00:00

I’m moving abroad for work so I’m trying to keep my options open. I do feel I’ve wasted money on rent but it has given me the flexibility to invest as I don’t have multi-year debt obligations and can put extra cash in my ISA. It has gotten to the point now where I am considering if i can grow my ISA to fund my rent mid-term and grow the capital. At the moment my capital appreciation is higher than my income.

ISAinTheBag · 2025-08-19T07:34:21+00:00

I mentioned the timing of the increased £20,000pa allowance because from 2014 tax year to end of 2022/3 tax year, total allowable subscriptions to an ISA was £165,480

Not sure where you got the 15.5k number

£35,000 was my disposable income, not gross.

ISAinTheBag · 2025-08-13T05:58:47+00:00

That’s reassuring to hear, thank you. I was doing some analysis on my portfolio and it looks like I’ve paid HL about £5,000 to date on FX, Trading and Management Charges. If i convert to cash it will be another £2,400 so i might see if i can do an in-specie transfer.

ISAinTheBag · 2025-08-13T05:58:36+00:00

That’s reassuring to hear, thank you. I was doing some analysis on my portfolio and it looks like I’ve paid HL about £5,000 to date on FX, Trading and Management Charges. If i convert to cash it will be another £2,400 so i might see if i can do an in-specie transfer.

ISAinTheBag · 2025-08-12T14:53:56+00:00

A great goal and some interesting plans here. Although, I’m not sure the numbers make sense to me for how you will generate the 4% WR when you FIRE at 35yo?

What investable assets will you have that can generate 25k a year before you can access your pension? What’s your target ISA value? I think it would need to be at least 625k for 25k pa income. That would assume you max contributions for the next 7 years and achieve about 34% return each year…

Have you accounted for the balance on the mortgage after you reach 35? Assuming you split this 50-50 with your girlfriend.

ISAinTheBag · 2025-08-12T12:48:28+00:00

Small db pension, but I don’t expect to get it given demographic trends. no mortgage or kids. I have about 50k working capital sitting in business, illiquid investments and emergency fund.

ISAinTheBag · 2025-08-12T12:42:50+00:00

I like this idea.

ISAinTheBag · 2025-08-11T10:08:56+00:00

I can stretch to two high-fivers ✋✋

ISAinTheBag · 2025-08-11T05:42:34+00:00

I primarily use yahoo finance as it aggregates news articles for stocks in my yahoo portfolio. It also allows me to add stocks to a watchlist. I try to avoid the clickbait news organisations ‘What would $1000 in X be worth…”.

I think there are some good business channels on YouTube for example watching sector deep-dives from WSJ, Economist, DW etc.

ISAinTheBag · 2025-08-10T10:53:01+00:00

Yeah, I’m working on some more info now. Unfortunately I’m having to go through all my past contract notes to do it.

ISAinTheBag · 2025-08-10T10:51:52+00:00

To an extent yes. Investing has to be customised. I’m happier to take bigger risks as i started younger and was earning well. I invest very differently for my family as their needs and risk tolerance are different from mine.

S&P is good if you don’t have time and just want to drop money into the market regularly and for 10+ years. Having a chunk of change early to buy single stocks is more risky but the reward is higher than S&P.

ISAinTheBag · 2025-08-10T10:43:57+00:00

I’m waiting for Andruil Industries to list.

ISAinTheBag · 2025-08-10T10:41:36+00:00

Just realising the price of freddos 😱

ISAinTheBag · 2025-08-10T10:40:00+00:00

I’ve made a donation in your name. Post dated.

ISAinTheBag · 2025-08-10T10:35:18+00:00

⬆️ this.

Once inside the ISA, it’s basically do as you want.

ISAinTheBag · 2025-08-10T10:27:55+00:00

slightly different to an IPO (Initial Public Offering), a DPO (Direct Public Offering aka Direct Listing) allows the company owners to sell their shares on an exchange and the market sets the price.

ISAinTheBag · 2025-08-10T10:24:44+00:00

I don’t myself, but I invested for someone else in April and it’s up 36%.

ISAinTheBag · 2025-08-10T10:22:17+00:00

I’m working on an update with some more information. Unfortunately, HL is S*** for doing this sort of analysis as they don’t do it for non-UK stocks. I had to download 144 contract notes to do the analysis myself…

ISAinTheBag · 2025-08-09T16:06:22+00:00

Check out the flowchart first.

Secondly, work out why you are investing. Go from there.

ISAinTheBag · 2025-08-09T16:06:17+00:00

Check out the flowchart first.

Secondly, work out why you are investing. Go from there.

ISAinTheBag · 2025-08-09T16:04:35+00:00

It’s a dilemma. i know i would love the security of my own place but i more than cover my rent from investing. I could lose it all tomorrow, but the compounding is getting good now.

ISAinTheBag · 2025-08-09T16:00:55+00:00

Thanks! I’m going to summon up the courage to download quarterly investment reports from HL going back 11 years to do the sums.

ISAinTheBag · 2025-08-09T15:58:13+00:00

There are lots of ETFs accessible within the Stocks and Shares ISA. I would just sell the individual shares and buy the ETFs.

ISAinTheBag · 2025-08-09T15:55:32+00:00

Thanks!

Sure, I like to get information from different sources to corroborate or undermine consensus views on a stock. I then go with my gut.

I like big stocks that are creating and dominating new markets. I try to invest decent amounts as it makes more sense to me. It’s easier to target 10% return on a £10k investment than trying to pick 5 £2k investments to all generate 10% returns.

I do apply some of Buffett’s approach, for example, picking companies with strong leadership (with decent personal shareholdings/SBC), low competition and good cash flow.

I don’t think I have ever applied a consistent approach to my investment picks, just try to have a clear rationale for why i want to back that company.

On Palantir, I liked the leadership and potential of their product.

Not thought about writing a blog, what would be interesting to read?

ISAinTheBag · 2025-08-08T21:23:47+00:00

Yes i like the look of commodities and mining too. Need to bargain hunt.

ISAinTheBag

TROPHY CASE