So amidst all the silly roller-coaster stock market stuff causing all sorts of shenanigans in January, how did I do in the first month?
A savings rate of 51.6%! Yay! 🙂
I’m really chuffed with this great start! Looking back on 2015, it appears that I only managed to hit >50% twice – my overall average had been boosted by an annual bonus I received in March. That bonus had been based on a share of Old Co’s profits – now that I work for New Co, it’s looking extremely unlikely that I will get a similar bonus so just as well I saved most of that one!
This month’s savings was topped up with £17.07 from TopCashBack* and £50 from rent received.
As with most people’s portfolios, the Bear Market caused my Future Fund to fall in value a little but I’m not concerned or worried. It now stands at £56,956.73.
Dividends and Other Income
Dividends received this month (which will be reinvested):
So a total of £26.21, which is a nice increase compared to last January’s £9.11!
The first few months of the year are quite lean dividend-wise for me, but this is a decent start.
I also received £13.37 from my P2P investments.
Shares and Investment Trusts
This month, I topped up on my holding of Bloomsbury Publishing, getting the shares cheaper than when I first bought them. I’m hoping the Bear Market will last a while longer so that I can continue to buy cheaper.
Current portfolio here.
Non-Financial Goals Update
Library books – So I’m going to try to read 20 library books again this year. I completed just the one library book this month but it’ll be a while before I read any more because the next five books I’ll be reading will be ones that I own – I’m planning on a back-to-back re-read of the Game of Thrones books! Why? I’m hoping Martin will have finished book 6 before the end of 2016, so I’ll have the story all pretty fresh in my mind! Anyway, I’ve just started book 2 (again).
Suffice to say that my other reading goal, that of attempting to read 3 books related to personal finance/investing will be resumed later on in the year!
If anyone’s interested, I track all my reading via GoodReads (though not able to track these GoT re-reads) – add me as a ‘friend’ if you are a member!
Anyway, here’s how things look on the goals front in brief:
Hope everyone had a great January, which always feels like the longest month ever!