Investor Views: "I've Made 8% a Year, Tax Free"

Private investor Jonathan Whiteley tells Morningstar how careful fund choices and clever tax planning helped him to retire early

Emma Simon 8 July, 2015 | 9:00AM
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Jonathan Whiteley, a retired finance director, says all his investment decisions are now guided by three basic rules: “I keep fees as low as possible; I minimise the tax I pay; and I only put money into investments I understand, companies I’ve heard of or countries I’m happy to visit.” 

Whiteley, who lives in Rochdale near Manchester, says this has proved a successful strategy in recent years. “Since April 2009 my portfolio is up by around 49% - that’s an annual return of around 7.8%, tax-free, each year. In the current investment climate I’m very happy with these returns.” 

Whiteley, pictured, says he has dabbled in investments all his life but started investing ‘more seriously’ in 2009 as the prospect of retirement loomed. 

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
BNY Mellon Global Income GBP Inc230.42 GBP1.52Rating
Credit Suisse Group AG9.23 CHF0.00Rating
Fidelity MoneyBuilder Balanced46.83 GBP1.47Rating
Fidelity Special Situations4,289.05 GBP1.59Rating
Fidelity Switzerland A-Dis-CHF77.41 CHF1.03Rating
Fidelity UK Smaller Companies A-Acc375.85 GBP1.12Rating
Nestle SA108.42 CHF0.00Rating
Novartis AG80.05 CHF0.00Rating
Roche Holding AG322.00 CHF0.00
Threadneedle European Rtl Acc GBP3.14 GBP2.04Rating

About Author

Emma Simon

Emma Simon  is a financial journalist, specialising in investment and consumer issues, writing for Morningstar.co.uk

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