I was a little distracted last month and this continued to be the case this month. With various social outings, the weeks have just gone by in a haze.
Work has continued to be chaotic and also very weird, as my boss has now been laid off and I have a new boss, someone I had a dotted line report to previously. Whilst I get on with my interim boss, I miss my old boss already!
On a personal front, I actually secured a date the old fashioned way! That is, there wasn’t a Tinder-swipe or online dating profile in sight! I got dancing with someone at my friend’s wedding, we swapped numbers, we went out on a date. Ok, so there was to be no 2nd date (sorry, he had too many young children to support!) but hey, it’s good to see that old-school ways can still work in today’s dating environment! 😉
Anyway, how do things look on the numbers front?
So I managed a savings rate of 40.7%, not quite as good as last month but not bad considering the social events.
My average savings rate continues its downward trend – it’s now at 46%. I accept that it’ll be impossible for me to achieve my end of year target of 50% – even 45% might be a stretch with the festive season coming up. I’ll keep going anyway.
This month’s income was boosted by £50 from rent received and £39.97 from TopCashback*.
I also chucked some more of my matched betting profits into some property crowdfunding via Property Moose. The website has now introduced a secondary market so it is now possible to sell or buy ‘shares’ if you wish, although of course, if selling, these need to be purchased by other members of Property Moose.
The falling sterling and buoyant markets continue to be good for my portfolio, which now stands at £86,509, a gain of 4.3% from last month.
Dividends and Other Income
Dividends received this month (which will be reinvested):
A nice sum of £156.81 in dividends hit my accounts, my second highest income received ever! Last October, I only received £24.63.
Anyway, this means that with two months to go, I’ve surpassed one of my goals, which was to receive £720 in dividend income – YAY! 🙂
Current total stands at £792.92 and it’s possible that I may reach £1000 by the end of the year – wow, I’ll be sooooo chuffed if that happens!
Average dividend income so far is £79 per month, average over 12 months now at £66.
Anyway, here’s my dividend income progress:
Shares and Investment Trusts
From the sale of three of my Monkey Stocks, I topped up on my last remaining Monkey Stock, Temple Bar IT. I also added to my holding of Brunner IT.
Current portfolio can be found here.
Matched Betting (MB)
What should have been just a low earning month for me turned out to be a disastrous one. It was going to be low earning because I had social stuff on over three weekends (friend’s wedding, birthday outing and random social outing), so not a lot of time for MB.
Hoping to make up for the lost weekends (for some reason, I felt a bit ‘anxious’ that I was missing out on profits), I upped my MB, including setting up a load of accumulators.
Alas, it appeared that I hadn’t really learnt my lesson about not MB when
hungover tired and I made a couple of BIG careless mistakes which ended up costing me over £200 in profit! Whilst the loss didn’t technically leave me out of pocket (since I’m not gambling), it was a huge dent in my profits. What a muppet!
The final week/weekend of the month was spent calmly just doing my usual thing even though I was sorely tempted to risk a bit more to try to win my profits back.
So, I could just dwell on the bad and feel sorry for myself that I only made £109 (my lowest so far) in profit or I could celebrate the fact that despite the almighty cock up, I still made a profit – I’ll go for the latter, woo hoo and phew!
I’ve not quite hit the next milestone yet, my total profits being a shade under £3000 since I started MB eight months ago.
It’s just as well that I do not actually rely on my MB funds to cover expenses etc otherwise I’d be very very upset about the loss.
Anyway, the matched betting guide I subscribe to is OddsMonkey*. It’s a great website for beginners and seasoned matched bettors alike – for beginners, there are plenty of tutorials which provide you with step-by-step guides on how to make profits and to work through special offers. (NB – None of the guides tell you not to MB after a night of drinking copious amounts of alcohol so perhaps learn from my mistakes here!) For the more experienced, the tools offered by OddsMonkey are fantastic, including the Each Way Matcher, Dutch Finder and Acca Matcher, all of which I use. Anyway, you can join for free to try it out.
Ooh, I just realised that this month’s Dividend Income was greater than Matched Betting Profit! A first!
Non-Financial Goals Update
Here’s how things look on the goals front in brief:
One goal down, 4 to go.
Of these, I think I’m more likely to achieve the reading ones than the others!
I could chuck cash into my emergency fund just to achieve my goal by the end of the year but I feel like I should be investing my cash first. As I mentioned in an earlier post, I intend to top up the fund with a bit of my redundancy money in any case but that will be in the new year.
So, Winter is
Coming Here – I’ve already had to scrape ice from my windscreen in the mornings – brrrr!
Hope you all had a great October!