Episode 3 – ‘Can I make a living from Football Index?’ – The short term game. Changed?

“I was very much anticipating a big comedown update for this episode…”

Welcome to the third instalment of the ‘Can I make a living from Football Index?’ series.

I left you at the end of September last time out and let’s just say October has been…interesting. The big news last month was the Birthday Bonus and this month was even bigger news, as FI unexpectedly announced a Dividend Review from absolutely nowhere. Scenes!

They called it a ‘review’ but traders quickly took that as ‘increase’ and rightfully so. Not only did this announcement come from nowhere, but it didn’t take long for Adam Cole to get bored of waiting and decided to bring the full announcement forward from the end of his month to the 18th October.

So, within 10 days we had an announcement of a review to the detailed announcement that dividends were going to be increased by 57% across the board. They say a week is a long time in football but in the Football Index world, things move very big, very quickly!

Div policy

 

So what did I do?

“It was straight forward in my head…”

I mentioned in the FI Newsletters that I was fortunate to have my phone to hand when the message came through from FI that they were going to ‘review’ dividends. After a minute or so of trying to formulate what this meant in my head and some ticker watching, it clicked that I should be getting into Dividend earners. So I did.

I couldn’t buy them all but chose the first ones that came to mind in the likes of Neymar, Alexander-Arnold, Messi and Kroos to name a few. I wasn’t as quick as some but managed to get on at a decent time, which brought instant profits that gained more slowly over time.

The plan was simple, to keep until the announcement came when we found out what was actually going to happen. It was straight forward in my head that whatever they were going to announce was going to benefit these div merchants and was a safe bet.

During this time I made a few sales and topped up on a few others and without boring you with detail, by the time FI opened up the market with the 57% announcement my profits soared. I could have made more but could have made less, so not gonna hang on to any of that. No complaints 😀

57 decrease increase

Much needed

This random dividend announcement was much needed as it goes for me, as at the start of October my profits had flatlined. I was very much anticipating a big comedown update for this episode but this has practically saved it.

This was due to a mixture of a drop on some of my players from the birthday bonus ending on 30th Sep, being unavailable to trade on some decent match days and the International break coming in which was a bit of a dead dud.

Luckily for me, it’s very rare a period of time goes on the index without some event happening and this month has been no exception. Big time. Not to mention the actual birthday bonus landing in our accounts the next day after the dividend details came out. You beauty!

The ins and outs

I am typing this up on the 28th Oct, so just over a month since the last update. 33 days to be precise. I am gonna time a 28 days later update at some point just for the sake of it. Balls, it’s Halloween now would have been good. Oh well, chance lost, move on.

I will say straight away that I have made some withdrawals this month. I have taken out £1100 in total over this time period of 33 days. After the last update I did put back in the £800 I had previously taken out to take advantage of the 10% bonus, but that is back out again with another £300 on top.

Speaking of which, my bonus came to £652.30 which was a combination of money I had to spend in my account and some I was able to stick in afterwards.

So, some numbers:

Last month I had £12,752 in the index. This month I have £17,473. Which is an increase of £4,721 over the course of 33 days. This is an increase of 37%.

This maintains my ongoing average of making around £1000 a week. Was actually £1001.36 in this time period to be precise. I never thought I was going to be writing this after the first week of October let me tell you.

Since I started this blog series on 11th August the total amount made has gone up to £11,873.

I started this series off with £6,700 so this has seen a return of 177% over those 11 weeks. This is up from 102% last time out.

Just as a marker to show the more you have in the index, the more you can make. Last months update was a total of £6,852 made, so you can see how it can snowball, fast!

Below is a screenshot of my home screen as we speak.

Port Oct

My all-time profit now stands at £23,372. I joined the index at the start of September 2018 so about 14 months worth.

For those that ask, the amount of money I put in was around the £2.5k mark over a period of my first couple of months but my net deposits are now (minus) -£5,899. I have been free rolling with nothing but my own profit for a while now.

We received our all-time profit emails a few days ago, so I shall stick mine up below. Note the money made since the 24th Oct to 28th Oct is £672 and this is after a very average weekend of trading, to say the least. Trust me, so boring. One of the worst I can remember.

Oct profit

The short term game. Changed?

“…you have to take this into consideration, it’s just silly not to.”

So, with me buying into “Dividend players” this month, does this mean my strategy has changed? Well no, I will never change my in-play and fixture buying (as well as other strategies shown on the intro article) ways but I have added a “string to my bow” if you like.

I mean, it would be pretty sh*t bat mental for me to ignore dividend players when the index announce dividend increases which result in these players going through the roof, right? I’m on the index to make money, so did I buy Neymar for the first time in my FI life, you damn right I did.

In fact, after I initially bought him on the day of the original random announcement on the 8th October. I doubled my holding in him a day before the actual announcement on the 18th October, as I couldn’t understand why he was flatlining at the £7.40 mark.

Neymar

My experiences up to this point on these types of announcements are that the premium players who benefit most skyrocket. This announcement was no different. The lad broke the £8 barrier when the flood gates opened, reaching £8.22 before settling just below that marker.

I did sell the original shares I had in the boom time and kept the other half. I can see him going past this £8 barrier again once we tiptoe into November when the Gold days officially arrive.

When he eventually makes his return to the PSG team, I don’t think traders will be able to resist what he has to offer in this new matrix. 16p for star man, oof!

I have mentioned in the first few articles to the series that I have never been one to “chase PB”. That is still the case in general terms but this was down to a couple of things.

One being I have never had enough in the platform to hold a significant amount of shares in PB players to make it worthwhile. Not in my eyes anyway. I could make more doing my own thing.

Second, it was always difficult to actually win them, as even the best PB players in the world could be done by a journeyman defender scoring a GWG complete with a clean sheet or a hat-trick produced by some random French farmer.

Matrix

We now have a new matrix and we are seeing more of the better players being rewarded. We will always have an unexpected winner here and there, it’s inevitable, but I think we are genuinely seeing a more predictable setup. Although I don’t want it too predictable. Bit boring.

Now with a big increase in payouts gained for these winners, you have to take this into consideration, it’s just silly not to. Plus logic tells you these players will gain more and more investors and go up in price.

No matter the situation, I am always interested in players going up in price or bringing me decent money in some capacity. Aren’t you?

 

The 200 club

“I have my eye on some others”

With all this being said, my dream on FI has always been to have enough money in the thing to hold these dividend contenders, as well as having enough left to get on with what I do.

My first 6 months in the platform was a hard slog, scalping rises where I could and slowly building profit up. It was hard work but it was worth it and also necessary. If I had taken the traditional “sit on and wait” approach, I don’t believe I could have made as much.

I am not allergic to premium players, I just could never afford to have a significant amount of shares in them to make it worthwhile. However, I think I am starting to reach that moment.

So, literally last night after watching TAA smash up the PB screen, I have come up with a concept of a “200 club” where I am planning on holding 200 shares in players I think will regularly compete for these steroid injected divs on this jacked-up new scoring matrix.

TAA

These are to remain untouched and just left to do their thing. Barring any significant news such as an ACL injury or another Ronaldo “rapegate” (port crash flashbacks!!! Aaagghh!) they are to live and dine in the 200 club and left well alone.

I have a tendency to overtrade but I am making this “club” to stop myself from doing so. These players should bring home bacon and rise in value as the product does. Some will rise more and bring in tastier bacon than others but that doesn’t matter. Just leave ’em alone lad.

Why 200 shares? Well, I don’t think 100 or even 150 is really worth it but gaining a couple of quid per penny rise and “doubling” the div payouts (sort of speak) from 8p to £16 hard cash, if you see what I mean, sounds ok to me. I would like 300 but it’s just too much to have locked in.

The early entries are:

Neymar – The King. I had 600 shares in him for the 18th Oct and have 300 as we speak. I will trim this to the 200 share marker eventually but we should all have high hopes for Ney’s price, as he is basically the glass ceiling to the market prices overall. The higher he goes, he brings everybody else with him.

Messi – The Goat. I mentioned that I bought him when FI landed that bomb of a message saying divs were being reviewed (jacked up!) but Messi hardly moved. An example of my overtrading is thus, I bottled it and sold them after a few days of no movement. He obviously went up 60p and won PB since then! He may be getting on but he is set to extend his contract to 2021 so plenty of life in the old goat yet.

TAA – The Kid. Alexander-Arnold was hot on my list of buys on the day FI filled our souls full of hope again. He went up accordingly. So much so, in fact, my old habits of “take the profit” overcame me and I sold up the morning of the Spurs game. Yep, that’s right. I won’t mull on that decision but let’s just say that has inspired me to create the “200 club”. And yes, I am a monumental dickhead.

Kroos – The Boss. There are many midfielders who have benefitted hugely from the new scoring matrix. You know the ones people like. Pjanic, Parejo, Sensi etc. I like ’em too but in a market that is so competitive like the midfielder one is now, I believe Toni is the one. His base is just awesome. You can argue either way about his lack of goals that will cost him, or actually making him better as he doesn’t rely on them, but he is my man.

kroos

Those are the “four horsemen” as we speak and I have my eye on some others who may join the club like Depay, Kimmich, the group of midfielders everyone talks about, and others. I shall play it by ear for now, as these lot are expensive and the plan is once they are in, they are there to stay, so I am not gonna rush it.

 

How was the “normal” trading this month?

In a couple of words, not great. Well, that may be too harsh, as I did have a decent time of it over the European games period that just went by with the Champions League and Europa League.

£500 was made on the likes of Sabitzer, our mate Kroos, Oxlade-Chamberlain and Pepe so it wasn’t all bad. This weekend that just went by though was just poor. I did flip Ayoze Perez, twice, on the Friday night but of all the weekends I could have had free to trade uninterrupted, this was not what I had in mind. Snooze fest.

An average end after an awful start to the month with people selling whatever they could after the Birthday bonus and the International break being so boring I hardly paid any attention to it. The interest in these new International IPDs is already wearing off.

However, FI saved the day with a glorious and memorable middle that has changed the platform for a while yet. For the better, I might add.

 

Conclusion

“If you haven’t looked into it yet, no time like the present.”

There are a few days until the new Dividend structure comes in where Gold, Silver and Bronze take over our lives with 8p, 4p and 2p (oh, that’s the same) being the talk of the town and it could be an amazing time to be on FI.

They have also extended the div deadline to 3pm instead of 2pm which opens up even more opportunities for fast in and out trading. I will try and go into this in a bit more detail in the next update after a few weeks trial.

deadline 3pm

I am already seeing people getting excited and buying some premium players on the ticker and I think once we get into November officially, traders will be yearning to empty their wallets to get on players fighting it out for these jacked-up giveaways.

8p star man for Gold is outrageous and so expect people to lump on the first few winners of these, whoever they are.

4p star man Silver days have also given a specific market an almighty boost. I was already a keen trader on those 5/6 game double days, but now you can win 8p for holding someone coming out on top of a very small field of players. This is huge.

The first one of these is on 8th November and I have been holding Berardi (what feels like forever) as well as Odegaard and some others for this day. If you haven’t looked into it yet, no time like the present.

I shall see you next month and I am already looking forward to seeing how the Index looks after a few weeks of new div action!

Peace out!

Follow me on Twitter @GingerPirlo_FI

Can I make a living from Football Index?

“This is literally what the index can offer. It’s like you are cheating to make money”

An intro.

Almost a year ago, I saw an advert on telly late at night with John Motson telling me about a football stock market where you can buy and sell shares in players for a profit. I was intrigued. The next day I had a look into it, asked a few questions and signed up sticking £50 in my account.

One of the first google searches I made was ‘Can I make a living from Football Index?’.

Now, this is an open question as what defines as ‘a living’? How much are we talking? Over what time period? Per month? Per annum? In fact, why would I even ask that question to begin with?

I already had a few contract roles in and around football as a performance analyst and scout with other bits and bobs and was looking for something else to add onto my bow of regular income.

Motty FI

I didn’t hold my breath that this stock market for footballers thing was like striking oil, but I was interested enough to give it a go given my years of casual gambling, especially on the Betfair Exchange, and it also seemed a little similar to fantasy football but for real money.

I was signed up to the initial ‘£500 refund in your first-week’ offer at the time and after a couple of days playing around with £50, I stuck in some more. My opening risk-free week wasn’t exactly groundbreaking but I had a clear choice once the time period was up. Stay with it, or sell up and get your money back.

I went back and forth for a bit and couldn’t make my mind up as to what to do, but in the end, I chose the former and decided to give it a proper go…and thank f*ck I did!

 

Who am I?

“…my all-time profit stood at just a hint over £10k at £10,087.58.”

Joining Football Index is one of the best things I have ever done. If you are reading this and haven’t signed up yet, then do it on this link here. You won’t regret it, I can promise you that. If you are already a trader, then you will probably agree with me. What a platform.

My background is I was a Performance Analyst for a few years, analysing games from around the world via WyScout with Bundesliga being my specialist league for a couple of seasons. I ended this in January this year.

I was also a Prediction Analyst for the same company, literally making predictions and getting paid for it. Again, Bundesliga was my specialist league with also League One in my safe hands. I finished my last league season with a 30% yield which was very healthy.

I have been a Premier League Match Operator for several years, gathering stats and data at PL matches from inside the stadium. This is the best job in the world. I won’t give this up in a hurry. I have also done some (in-depth!) scouting reports for lower league sides and done every coaching badge under the sun, with the B licence my last one.

I have been on FI since September 2018 and at the end of the 2018-19 season, my all-time profit stood at just a hint over £10k at £10,087.58. So, that’s ten grand made in around eight to nine months of signing up. This blew away all my expectations.

(the below image includes a cancelled withdrawal so trust me it was £10k, not £11.2k)

May FI Profit

What’s even more mind-blowing is that I am not a big roller. I am not a whale. I don’t have limitless amounts of gambling money to plough into this thing. Remember, I am a lad who googled if I could make a living out of it. Making £10k profit in say nine months was created from an investment of around £2.5k of my own money.

To make things even better I have been “free rolling” for some time now, which basically means I have withdrawn all of my initial investment and trading with nothing but profit. My net deposits at the end of the season stood at -£2,200. That’s (minus)£2.2k. Nothing but profit. Sweet.

 

What did I do?

“Now, this wasn’t anything special. To me it was obvious.”

So, how did I do it? Well, it wasn’t in the way you may think, which is why I have started this blog/diary that will show my ongoing trades on the index for the 2019-20 season. I am different from what you may have seen or heard at this point so I thought it would be good to show you.

Let me go straight off the bat and say I am not a long term trader. As in I don’t have long term holds. I don’t have any screenshots to show you of Sancho in my port with a 200% rise. I am not your man for that.

I have had occasions during my time on the index where players have risen whilst holding very nicely and very quickly, of course, but my point is I am not a “stamp collector” type. The three-year hold and beyond type. That isn’t what I am. I have settled on my own style and strategy after trying most of them in the book at some point.

In the past, I have ‘invested’ in a mixture of big fish like a Pogba, Messi or Ronaldo, to relative plankton (in price terms) like a Bruno Alves. These trades have brought me mixed success. So mixed that at some point I decided holding players for a long time isn’t for me.

One reason for this is I just don’t have the patience for it. I have admitted that to myself. It’s important to be honest with yourself on the index and holding players long term, in general, isn’t for me. So why pretend?

Because holding and building your portfolio is what the index is all about? Who says? Adam Cole? There are no rules. You don’t need a portfolio set for three years. That’s a choice, not a requirement. I have nothing against traders who do but I believe I can make more money focussing short term.

Pogba FI

Like I say, I have had some successful holds. One of my best was buying Pogba on Boxing Day, post-crash after the Mourinho sacking when he bagged himself a brace. I held him for a few months up until the share split in Match, where I then sold.

Now, this wasn’t anything special. To me it was obvious. Everybody on the index should have done the same no matter your budget. Just because I don’t have a long term hold strategy in general, if I have the opportunity to make a good profit over a period of time longer than my usual, I may take it.

Now, this hold was for three months and in my head, that was a long term hold. This just shows it isn’t for me. Three months doesn’t even count as a hold to some folk. That’s a potential hold that is just getting started.

For me, I couldn’t wait to get out when I thought he had reached his peak and took great satisfaction in banking the profit into my account balance.

 

Why short term?

“…why would I bother with the latter? It doesn’t make sense to me.”

Why do I have such a need to get out of holds/trades you may be thinking? Accessibility.

During my time on the index I have gone through those moments where you see something happening, whether it be a big transfer story breaking, a manager (like Jose) getting sacked or someone scoring a brace or a hat trick and you have nothing in your account to use to get on the incoming rise.

This drove me mad. There was nothing worse for me than having my money tied up in holds that may be stagnant or worse yet at a loss, when I could be making a shed load on what is happening right here, right now in front of me. I almost vowed to myself to not be left in that position again.

As I have said, I am not a big cheese with loads of spare cash in my bank to deposit at any time I want. The money I had available was put in and I got it out again as soon as I could. I’m not interested in depositing any more. That’s done and I am a free roller from now on.

Another reason I don’t have long term holds is I realised I was making more money from short term and in-play trading. So this links in with needing access to as much funds as possible to react and buy into short term flips.

If I can make more money on a player scoring a brace in a match, than a player slowly rising over the course of a few months, or even weeks, why would I bother with the latter? It doesn’t make sense to me.

Gekko

All traders have strengths and weaknesses. They have pros and cons.

Some have lots of available money but don’t have the time to keep track, so they invest accordingly.

Some have lots of money but don’t have any real knowledge about football, so trade accordingly.

Some don’t have lots of money but do have football knowledge, so trade accordingly.

One of my strengths is I have a lot of time and access to live football matches, as well as the index itself. I try to use this strength to benefit me as much as I can. I do so to counter the weakness of not having a sh*t load of money to invest with.

It may be harder work for me to make a certain amount in a day, then for someone who doesn’t even bother to look at his port that often, but I am willing to do it and try to make it as worthwhile as possible.

Up to this point, I can say it has been a huge success and I am hoping to make it even better.

 

The goal and strategies

“The strategy is also low risk, which is another reason why I do it.”

This article is an intro into me and what I am planning to do for this season, which will be an ongoing record of my trades and the profits made in that time. With also a view on how much money it took to make such profits, which is important.

Any rich bloke with more money than sense can profit on the Index during this boom period but I like to show what the little guy can achieve on a relatively modest budget.

Whether I update and send out this blog on a weekly, fortnightly or monthly basis I haven’t decided yet. I will see how it unfolds naturally.

It’s also there to be used and discussed as an example for traders (or potential traders) for what can be achieved from having a strategy like mine.

What you need to know is I make the bulk of my money from the following:

  • Buying goalscorers/assisters asap. These may be particularly popular players, or players with a profitable spread compared to the in-play dividends just gained for e.g. a player scoring with already an assist (2p IPDs) with a 1p spread. Players participating in a pre-2pm deadline fixture who could win PB for the day etc.
  • Fixture buys leading up to certain favourable games ie a perceived “easy” fixture(s), potential IPD or PB players, early pre-2pm dividend deadline kick-offs, specific game weeks for e.g single game days, 5 game double game days etc. These are made ideally in good time and hold through the rise leading up to game day.
  • Line up announcements. Players that traders would be keen to buy based on starting a game. Like a wonderkid or a player usually on the bench who has a favourable price/spread like Origi near the end of last season for e.g.
  • Buying injury replacement players asap. A first-team player looks to have a serious injury so his direct or indirect replacement in that position may get significant game time or time in the squad. Cheap alternative or wonderkids especially.
  • Potential PB monsters. During a game day a player can be putting in a monster PB score, which can be an unexpected player or a repeat player showing they can be consistent throughout the season. This may be at half time or whenever it seems noticeable.

I also have other ways of making money such as IPO announcements (new players entering the market) which can be extremely profitable. Transfer stories during the correct part of the season. Managerial sackings or changes that may benefit a certain player. Plus others I am probably forgetting.

The above bullet points are mainly around game days and matches which is my bread and butter strategy on the index and what I will be focussing on for this blog/diary or whatever you wanna call it to show what can be achieved with a relatively small budget.

The strategy is also low risk, which is another reason why I do it. What can be safer than buying a player who has just tapped in his second goal of the game who has a very good spread and is mopping up the performance points as well as in-play divs?

Back to the future

Imagine you are in the bookies and you see this player score on the telly, you very quickly hand the next goalscorer slip to the person behind the counter, they take it, then pay you winnings for your trouble! This is literally what the index can offer. It’s like you are cheating to make money.

It sometimes feels like you can rewind time to back the next goalscorer and make money on him or like owning the sports book off Back To The Future. Seriously, making money on players AFTER they have scored still blows my mind. 

It’s crazy and something I picked up on almost immediately after I joined and studied match day trends…and that was before in-play divs even existed!

Back then certain players who scored were bought based on sentiment and seen as “in- form” for future performance or PB potential. With FI now paying traders IPD’s for owning these players at any time during the match day, it’s even less risky and more profitable!

 

What about Dividends?

“At the end of the day, the chances of your player being the number one performing man that day are slim…”

Some may notice I have hardly if at all, used the word dividends, not including In-Play Dividends of course. This is because I don’t really care about them. Or should I say I don’t really aim to win them. I see them as a bonus, nothing more.

If I do own a player going into a game day, then I may decide to keep him to see if he can put in a PB performance. This is maybe due to how I feel at the time. Maybe I am bored. Maybe I am super confident he is going to smash it. Who knows?

But this is not a solid strategy for me. I don’t chase dividends. Whether it be performance or media. I don’t really care.

At the end of the day, unless you own 90% of the index, the chances of your player being the number one performing man that day are slim. Especially on Treble game days with like 18 or so fixtures.  It’s nice if it happens but chances are he won’t so why bother chasing it?

Plus how much would you win in any case? 100 shares in Messi for a 5p win? Maybe 7p if he is the star man gets you a £7 win. That’s nice but is that worth having £500 tied up in him?

Messi Injured

And for how long? All season? What if he does his ACL? Fails a drug test and is banned? I owned Ronaldo in my early days so have felt the force of price shattering news. So in short, it’s not for me, Clive. Not any more. Been there and had the FI t-shirt burned.

Media Buzz isn’t really something I am interested in either. The usual suspects win most often like Pogba but again, given his price how many shares would I need to own to make it worthwhile? A lot is the answer. So given I don’t have long term holds I pretty much ignore it. Not my market so I won’t try to pretend it is.

Some traders despise this idea of “not caring about dividends” but these traders usually have huge ports and/or have a decent amount of shares in the main performance players & mop dividends up regularly. Making the 5p or so on offer, very profitable indeed.

Good luck to them. As mentioned earlier, all traders are different with strengths and weaknesses, pros and cons, what’s important is to trade accordingly to those. There is no right or wrong way, only your way. Whatever you feel is the best outcome for you.

 

So, can I make a living from Football Index?

“If I can make £2k a month from the Index I will be a happy man.”

In short, yes.

For me, I see it and use it as kind of a part-time job within itself. The regular income stacks up and giving I get in and get out quickly, having access to my profit in my account at my fingertips more often than not, I can take it out and bank it.

My profit of £10k last season was split into two parts: Pre-share split and post-share split.

Before the share split in March, I had an all-time profit of around £5k which was made over 6 months. This isn’t making a living in most cases. After the share split, I doubled that £5k in around 6 weeks. Doubled. Now that’s a spicy meatball.

That’s like making £4k a month in your job? A thousand pound a week. If you make that, fair play. The highest-paid job I ever had was £40k a year and that’s before tax.

I will say the amount gained at the end of last season was unique. Given my strategy, there were games on almost every day during that six week period and I milked the f*ck out of it more often than not. So I am not expecting those returns every month.

In fact, I will say I am targeting half that. If I can make £2k a month from the Index I will be a happy man. Is that “making a living”? I would say so. No taxes remember. 😀

 

Final word.

“This was gained with plenty of f*ck ups and mistakes. “

I have rattled on here for longer than planned, which is usually the case once I start typing, but the point of this article is to show you what I have done and what I am planning to do going forward.

You can take what I do as you wish. You can like it, you can hate it, you can find it interesting, you may not. You may take something from it and add it to your own strategy, you may not. Up to you.

The point of the blog is to show that there is more than one way to make money on Football Index.

There are lots of podcasts and articles out there which more or less all focus on holds and portfolios. I can’t say I have seen one that says, you don’t need a traditional portfolio to make money…

Well, in effect, this blog will do that.

Don’t get me wrong, there may be times where I decide to hold a player for a given length of time and I will give a reason for this. I may see it as very beneficial to drag it out as a hold. I’m not allergic to holds, I just don’t work to the “building a portfolio” mentality.

I have started the season with £6.7k in the index. At any given time I will have money tied into players on a “port” the rest will be in my account ready to use and access. This is key, on match days especially.

My total profit at this point after just under a year on the Index is £11,656.07p.

FI August Profit

This was gained with plenty of f*ck ups and mistakes. I am not perfect and always make good decisions or things always pull off. This is definitely not the case. I have had plenty of money slip through my fingers and flushed down the toilet, it will happen again.

My initial investment was £2.5k and I will NOT be depositing any more into the index. I will withdraw from time to time. I may withdraw regularly each month, kind of like a wage, haven’t decided yet.

This blog will mainly be about going in hard and fast and getting out with a profit. It will show you the profit made, or the losses as this is the index after all. It will also try and show you the money invested at the time to achieve such profit. See how it goes.

Follow me on Twitter @GingerPirlo_FI 

Enough said. Let’s do this.