2022 Review
2022 What a year that was This review is as much for me as for any readers who stumble across it. I also egotistically like to think it acts as a more accessible legacy for my heirs than the chaotic set of Tweets I've hitherto used to lay out my thinking. I've found it not only cathartic but useful to write a whole document which isn't something I do much of any more since retiring. TLDR What I got right Not buying a Lambo after 2021 Reducing debt exposure as interest rates looked set to rise Spent 89 nights in our new camper van trying to YOLO Sat on hands for the most part What I got wrong Should've sliced more PE gains from 2021 Shouldn't have banked on the BoE not daring to raise rates Should've scaled into all my adds and taken longer on averaging down Shouldn't have added to RE Review I started 2022 at pretty much an ATH with total AUM across our portfolios at around £1 550 000. And yes, having a paper gain of almost £300k led to some pretty hubristi...