Strategy for 2011

So 2011 is here, a year closer to the goal or early retirement. 2010 was a good year financially, spending has been cut right back and I have increased my investing. This will be the trend through 2011, a vast increase in investing.

I am going to separate my investing into two parts, aggressive investing and long term dividend investing. I have made some great short term growth in stocks like Rockhopper and Afren. This aggressive investing has increased the pot of money used to invest in these companies buy over 800%. Increasing this pot of gold to say £10-20k investments these sort of investments will easily yield over £50k each.

These sorts of opportunities don’t come along often and thus the other part of the investment scene will be dividend investing. Dividend investing will be buying shares in companies that provide superior dividend payments (50% higher that the FTSE all share average) meaning that there should be a good average return of between 4.5-7%, far superior than a savings account in todays current climate.

My money is in the process of being moved into an investment position and I will be covering every purchase I make as well as following up on its progress.

Also this year, I need to concentrate on keeping my spending in check and using my accounting software to keep track of it all. I was pretty slack in this in the later half of 2010, mainly mobile purchases in cash were screwing the way I was tracking it.

How will you be investing your money this year?

• Goals & Debt

• Outstanding Debts & How Much is Payed
  
  Total Student Debt: £17,836.70
  £1700
  
  
  
  Net Worth Goal: £1,000,000
  £36,579.08