Manage your own money — and beat most professional advisers
I sacked my financial adviser years ago and have run my own money ever since. Tim's Wealth Letter shows you how to do the same — in plain English, with real numbers, and no one taking a cut.
Get the first three chapters of Make Yourself Rich
My step-by-step guide to setting up & managing your own investments. Free when you subscribe.
The Foundation
FreeOne low-cost fund that owns the biggest companies in America. Add when you can. Then leave it alone. For most people, that's the whole job.
Diversify
PaidThe foundation, plus a few carefully chosen funds for different parts of the world and economy. A little more return, a little less risk.
Outsized returns
PaidIndividual companies, bought when nobody wants them, held until everyone does. Using Warren Buffett's methods to beat the market.
Three levels.
Start simple, go further if you want.
Everything here is built around those three layers, each resting on the one before. You can stop at the first and still do better than most people paying for advice. The other two are there for when you want more.
Step 1 alone will get you better returns than most professionals will.
Two ways to
slowly lose money
without realising it
One is inertia. Your money sits in cash, or a Cash ISA. The balance never falls, so it never feels like a loss — while inflation quietly makes each pound worth a little less every year.
The other is outsourcing. You hand it to an adviser who takes a slice of everything you own, every year, for results that are usually worse than the market would have managed on its own.
Both feel safe. Both are quietly expensive.
Money sitting in cash ISAs?
Three-quarters of UK ISA money is in cash, earning less than inflation. See what "safe" actually costs you.
Read: The Cash ISA Trap →Paying a financial adviser?
Most advisers fail to beat a simple index tracker — while charging you every year for it. See why you probably don't need one.
Read: Why You Don't Need an Adviser →Fill the right
buckets first
One thing almost nobody tells you when you start: the order you use your accounts matters as much as what you buy.
Your ISA comes first. £20,000 a year, growing completely tax-free, and you can take it out whenever you like.
Then a SIPP — a pension you run yourself. The government adds tax relief on top of everything you put in. The trade-off: it's locked away until pension age. You can also move old workplace pensions into it.
When you've used up all your ISA and SIPP allowances, you can still invest in a general account — you just pay tax on the gains.
The investments don't change. You're just filling the tax-free buckets first.
Where to start
Start with the free book chapters — they get you set up, step by step. Read the free articles to understand how and why this works. When you want the specifics — the exact funds I hold, what I'm buying and selling, and how it's performing — that's the paid subscription.
The monthly letter,
straight to you
On the first of every month I send out what I've actually done with my money, and what I'm thinking for the month ahead. It comes in two versions:
Free. A short read on the market — what moved last month, what I'm watching next — and how the Level 1 foundation is doing. You'll catch the odd win from higher up in the paid section of the portfolio occasionally. Monthly, free, part of your free subscription.
Paid. The whole picture. Every move that mattered — what I bought, what I closed, what I'm holding and why — across the Level 2 and Level 3 portfolios. Plus my outlook for the month ahead, and a closer look at one holding worth your attention.
The hardest part isn't investing. It's starting.
You don't need to be clever. You don't need to be brave. You just need to start.
Get the first 3 chapters free
I am not a financial adviser. Nothing here is personal financial advice. Investing involves risk and you can lose money. Please do your own research before making any investment decisions.