Investor Views: “I Make 9% a Month on my Portfolio”

New investor James Byrne explains how his diversified strategy is delivering results and tax-efficient investing is maximising his returns

Emma Simon 30 March, 2016 | 10:48AM

Two years ago James Byrne did not have a penny in savings, and was struggling to pay his credit cards bills each month, but he has since overhauled his finances. Byrne, who is 30, says: “I wanted to be earning interest on my money, not paying it.”

I’m building my portfolio slowly with the savings I can afford to make

Byrne began by clearing his debts and started putting aside small sums each month. As a learning support assistant, on a relatively low wage, he says this has not always been easy, but two years later he is starting to see the rewards.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
AT&T Inc27.46 USD-4.52
BioAmber Inc  
National Grid PLC841.80 GBX-3.35
SunPower Corp4.73 USD-3.47

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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