I’m a keen private investor, based in the UK, with a penchant for investment trusts. Married. Two kids. All the usual sort of stuff.
My investing journey
I can’t remember exactly how I first came across investment trusts, but I recall being attracted by the simplicity of the monthly savings plans that many of them offered back in the 1990s.
I was fortunate. It was a great time to start investing because the steadily rising markets of the time meant you could see your money grow at a respectable rate without getting too carried away by oversized gains that weren’t going to be sustainable.
My monthly investments were topped up with a few lump sums now and then, and it was amazing to see how quickly it all grew into a meaningful sum.
I’ve owned about forty different investment trusts over the years, admittedly in quite a haphazard fashion at first. For example, I enjoyed the ups and downs of the technology bubble with Henderson Technology Trust (now Polar Capital Technology). I had smaller positions in Fleming Indian fund and Finsbury Worldwide Pharmaceutical, now known as JPMorgan Indian and Worldwide Healthcare Trust — I do wish I had kept hold of those!
I have also been a fairly active investor in individual company shares. Over time, though, I found that my investment trust holdings seemed to do a little better for me, and with considerably less effort and stress, so they have increasingly come to dominate my portfolio in recent years.
Throughout my investing career, I’ve tried to add new money wherever I can and to take advantage of my annual PEP and then ISA allowances. I don’t think it’s possible to time the markets with any consistency, so I tend to stay fairly fully invested and avoid trying to time the market.
I’ve written a separate article that covers my investing strategy in more detail.
What I write about
I’ve no firm plans for the direction this blog will take although, naturally, investment trusts will be the key theme. I expect a lot of my posts will be primarily to clarify my own thoughts, and to act as a reference point later on (wow, did I really think that?!?). I may touch on topics like investing for kids, financial independence, and behavioural finance at times as well.
The views expressed on this site are my personal ones. I don’t receive any money from any investment trust or fund manager in relation to what appears on this site, because that sort of stuff is just a bit grubby. However, I have added some advertising and affiliate links to cover my costs.
I will be writing about some investment trusts that I own, and others that I am interested in purchasing. I think it’s important to be upfront when that happens, so whenever I do own an investment trust (or indeed any sort of investment), I plan to either mention that within the article itself or in some formal-looking text at the bottom of the article.
For the avoidance of doubt, I am not a qualified financial adviser and nothing you read on this site should be considered as financial advice. You should always do your own research before making any investment decision.
Think of me as a passionate amateur rather than an informed professional!
Why not set up your own blog?
I was pretty surprised just how easy it was to set up this blog. I was surfing around one day and noticed that the URL “itinvestor.co.uk” wasn’t taken. My mind started whirring.
I had been toying with the idea of a blog for a while, but never really looked at the mechanics of what was needed. After a little hunting around, I came across a recommendation for Tsohost who make it very simple to set up a Word Press blog, register domain names, and set up email addresses. They also offer ‘Let’s Encrypt’, which is a simple to way get the SSL certificate to make your website secure (so your URL begins with HTTPS rather than HTTP).
Within a couple of hours, I had a basic website up and running. Two domain names and basic hosting for two years cost me just £36 (so just £1.50 a month).
I chose Word Press as I had used it for a few years in my day job, and it makes it very simple to add features like a newsletter, automated backups, social media buttons, etc with free plug-ins. That’s great if you’re particularly technically minded. Personally, I know some basic HTML, but that’s pretty much it! It’s actually been great fun learning how everything fits together, adding new features, and even just keeping tab on visitor numbers.
I have a 10% off affiliate code you can use at Tsohost if you’re interested in setting up your own blog. Just enter “ITInvestor” on the checkout page. I get a small commission for every purchase.
Keep in touch
Thanks for your time and good investing!