In the spirit of All Hallows’ Eve (although I don’t have time for trick or treaters), I’ve enjoyed carving pumpkins, having pumpkin in my casserole and munching on pumpkin seeds but was it a horror show for me, investment-wise?
During the recent stock market upheavals, I made a point of not checking my investment numbers (apart from my Dogs of the FTSE portfolio). I didn’t see the point of scaring/torturing myself.
So I was able to ignore all the hysterical news and remain blissfully ignorant…until now!
Firstly, how did I get on with my savings?
I saved 41.2%, which sees my average savings rate going down a little to 44.4%.
It’s all downhill from now until the new year as the spendy months are here, plus I need to pay off my holiday flight.
The above savings includes top ups from £430 matched betting profits (from last month), £78.20 from TopCashback*, £20 lotto winnings and £80.40 affiliate income from OddsMonkey (thank you to all who signed up via my links!).
Shares and Investment Trusts
No new investments, I just topped up existing ones.
Current share/IT portfolio can be found here.
(Entire portfolio here)
Well, I can confirm that the value of my Future Fund was affected negatively by the volatile markets.
It might be easier to show to what extent with a graph:
No need to panic – it’s just sort of back to where it was in June, so no disaster.
I was preparing myself for the worst and as with the recent budget, in the end, not a lot happened.
It would be good to get back over the £150k mark by the end of the year, so let’s hope things pick up over the next month or so. My balance now stands at £145,068 and I will continue to invest as normal.
Dividends and Other Income
The markets tanked yet my dividends continued to roll in regardless:
I received £436.51, which means total dividends so far this year now stands at £2,671.47. It’s touch and go whether I will bag enough in the next two months in order to hit my target – I think I need a big increase in December from last year to hit it but we’ll see. All dividends are reinvested, bundled up with whatever extra capital I invest monthly.
So here’s how things look on the main dividend income graph:
Matched Betting (MB)
My great matched betting run fizzled out – each way betting variance hit me badly and at one point, I was looking at a loss of over £200. I had a decent run on my no-lay accumulators, so slowly pulled things back for a profit this month of a semi-respectable £479.28
For those interested, the profit ratio of actual MB (football and horses only), no-lay accas and no-lay EW betting was 33/51/16, very different from the previous two months.
Total MB profits so far this year stand at £3,983, so bar an absolute disaster over the next two months, I have comfortably achieved my goal – yay! It might even be possible to get to £5k but we’ll see what Lady Luck/Variance has in store for me!
As mentioned before, the matched betting guide I subscribe to is OddsMonkey*, which is great for beginners and experienced matched bettors alike with quality tools such as the Oddsmatcher, Each Way Matcher, Extra Place Matcher, Dutch Finder, Racing Matcher and Acca Matcher. There are step by step guides and also a friendly forum for you to ask questions and get help on any of the offers.
Matched betting isn’t everyone’s cup of tea but you won’t know until you try it! Anyway, check out the free trial* (with no obligations).
Still quite a bit behind on my main reading goal – it’s looking tough to achieve.
I should hit the charity one next month so that will be another goal ticked off the list.
Ms ZiYou’s got a new series on her blog called ‘Let’s meet UK Personal Finance Bloggers‘ – here are my answers to her questionnaire in case you missed them, plus you’ll find some other interviews there too.
Also, you might be interested in some FIRE podcasts over at the UK FI Pod, again run by Ms ZiYou (she’s been busy lately!).
Anyway, I tried to resist turning on the heating but after a week of scraping ice off my windscreen, I couldn’t hold out any longer! Winter’s not my favourite time of year.
Hope you all had a great October!