Cashflow over clout.
I'm an entrepreneur in Thailand who got obsessed with stacking dividends, bond income and seasonal cashflow instead of chasing hype.
Wealth Goblin is where I log the goblin grind: what I'm buying, how I'm building runway and how I'm trying to buy back years of my life.
What the Hell Is a Wealth Goblin?
Four rules for quietly hoarding boring yield
Boring Income > Shiny Speculation
I like things that spit out cash regularly: dividends, rent, bond income. If it doesn't pay me, it has to work very hard to impress me.
Freedom Date > Lambo Date
I care more about "what can I choose to do?" than "how expensive can my car be?" Idleness is a disease. Freedom is choosing your work.
My Unique Journey
I'll share my story openly – the wins, the mistakes, the weird detours. But my situation is unique. Learn from it, don't copy it.
Just a Labor of Love
No course. No PDF. No funnel. Just my journey and a funky alter ego I can cosplay as to keep my privacy while sharing what I learn.
"If it doesn't pay me while I sleep, I'm not impressed."
Read the Full Manifesto →The Goblin Dashboard
Real numbers from the cave wall. No flex, just facts.
📈 SMIF Hoard
Base rate: £0.005/share/month (since 2014)
14.5x multiplier: Based on 2-year payment history
"My emergency fund & peace of mind. Entrepreneurial life is seasonal and challenging – this creates a base income I can reinvest or use as needed."
💷 Dividend Engine
Real businesses only. Insurance, consumer goods, infrastructure. Decades (sometimes centuries) of operations. Not YieldMax or decaying NAV schemes. The goblin duopoly: share price appreciation + growing dividends. Both. Patient for it.
"Predictable revenue from real businesses. Entrepreneurship is risky – this portfolio is my stable counterbalance."
2025 total portfolio dividends (separate from SMIF tracking above).
🗓️ Freedom Countdown
"Building passive income to choose my work."
This is the nerd cave wall. Updated manually when I remember.
The Money Printer
Breaking down passive income into bite-sized dopamine hits.
Obviously this doesn't account for market hours, dividend payment schedules, or the fact that I'm probably asleep.
But it's a fun way to visualize compound interest at work. The money printer goes brrr even when I don't.
Speedrunning to 100k SMIF
Building a £500/month base income for peace of mind and compounding power
Why This Target?
- →£500/month base income - super comfy peace of mind when business gets rocky
- →Covers most bills and outgoings (minus rent and food)
- →Sizeable amount to reinvest each month for compounding
- →Round numbers are satisfying (goblin brain likes this)
- →Keeping it inflation-adjusted each year
What is SMIF?
Select Monthly Income Fund - A Guernsey-based bond fund with active management by some seriously skilled bond nerds.
- →Price per share: Less than £1 currently
- →Target return: At least 6p per year, consistently delivered since 2014
- →Defensive positioning: Survived COVID and other turbulent times successfully
- →Regular insights: Great commentary and strategy updates from the team
- →Tax efficient: Guernsey-based = no stamp duty on purchases
I keep an eye on the NAV and their insights. Good value, solid management, proven track record. That's why it's the foundation of my defensive strategy.
The Math That Makes It Click
Every £172 I invest in SMIF gives me roughly £1 of income per month for the rest of my life.
When you think of it like that, it's pretty good value.
"Cash is king and cashflow is the emperor of it all."
Speedrunning this before the businesses get too comfortable. Peace of mind first, then world domination.