December 2021 Savings, plus round up

Happy New Year!

Hope you all had an enjoyable festive period and a good start to another new year.

I’ve had a nice mostly quiet time getting used to being in my new home. Still not fully unpacked properly but I’m still moving some last few things from the old house (not sorted the garage or the shed yet – eek!). I can see that I’m going to have to do the whole KonMari thing again at some point!

Anyway, let’s just get the numbers out of the way for 2021!

I saved 13.2% of my net salary.

The above includes £150 from taking part in an investment community exercise, another £25 Premium Bond win and £42.80 from doing Prolific surveys.

Shares and Investment Trusts

No new investments, I just topped up existing ones.

Current share/IT portfolio can be found here.

(Entire portfolio here)

Future Fund 

Was there a Santa’s Rally? I wasn’t paying attention but perhaps there was as my Future Fund finished up at £232,272.61.

Here’s how it all looks at the end of another year:

Considering the unexpected house purchase, I’m just relieved to finish with a bit more in the pot than I began with at the beginning of the year.

Dividends and Other Income

An average final month for dividends:

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November 2021 Savings, plus other updates

November was a blur, here are a few highlights:

  • My house purchase was completed! I nearly cried with relief!
  • My niece was up for half-term and was with me when I went to the estate agents’ to pick up my house keys. She helped me choose new carpets!
  • My sister came over for a quick visit from Hong Kong – it was so good to see her after nearly 2.5 years. She helped me choose some new lights for the living room! I was able to hand over some family Christmas gifts for her to take back. Unfortunately, she’s still not quite home yet, as she’s currently 5 days into a 21-day quarantine in a hotel…
  • Not everyone’s cup of tea and certainly no ‘Game of Thrones’ but am loving  Amazon Prime’s adaptation of Robert Jordan’s high fantasy series, ‘Wheel of Time‘. I’ve read all 14 books and one of the the most fascinating things is hearing how the names are pronounced (yes, in my head, I’ve been pronouncing them wrong!).
  • I was awarded Employee of the Month at work, which was a real surprise (though of course, very much appreciated) as I’ve just had my head down, doing my job, nothing which I thought was exceptional.

So, how did I get on with my savings this month?

I saved 13.5% of my net salary.

The above includes £39.20 from doing Prolific surveys.

Shares and Investment Trusts

No new investments, I just topped up existing ones.

Current share/IT portfolio can be found here.

(Entire portfolio here)

Future Fund 

A wobbly final week of the month for the stock markets due to concerns caused by the Omicron variant of the virus – indeed so big is the concern, that our works’ Christmas party has been cancelled – but I ran my numbers the evening of 30th November so avoided the plunging ‘Black Friday’ values.

Not that there was anything to celebrate, my Future Fund stayed pretty much the same at £227,349.

WIth one month left, here’s how the graph is looking (I’m continuing with the original graph, rather than the house-purchase adjusted one):

Well, it was too much to hope for a V-shaped recovery but steady as she goes. Perhaps there will be a Santa’s Rally!

Dividends and Other Income

A decent month for dividends:

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October 2021 Savings, plus other updates

Highlights this month:

  • At last, I had a mini break away from home! As mentioned in my last update, I went to London – I had tickets to watch the NFL game, Miami Dolphins v Jacksonville Jaguars. It was a great weekend – an enjoyable match with a sellout crowd in Tottenham Hotspurs’ beautiful stadium. The following day, we spent some time wandering around Camden, sampling some expensive beer and food and then happened across probably one of the coolest and most fascinating shops I’ve visited in a long time – I didn’t buy anything, just enjoyed the sights and the music!

It was a great atmosphere and yes, I did know what was going on (mostly!)

Walking into this shop was like walking into another world

  • I went to the cinema to watch the latest James Bond film, ‘No Time to Die’ – have always loved Daniel Craig as Bond.
  • Enjoyed another great Manchester FIRE meetup in the pub – great to interact with faces old and new. There were around 20 of us who turned up. Anyone who’s interested in these meetups, sign up to Financial Independence FIRE – Manchester.  Events are alternately online and face-to-face, so the next one will be online on Friday 26th Nov.
  • And finally, I am sooooo relieved to say that I have finally exchanged contracts on my house, with completion due to happen early November! More details soon – so much (more) to do!

So, how did I get on with my savings in October?

I saved 14.4% of my net salary.

The above includes another £25 Premium Bond win, and £42.24 from doing Prolific surveys.

Shares and Investment Trusts

I started switching out some of my bond ETFs into a defensive investment trust, Ruffer Investment Co.  Monevator recently did a two-parter on the 60/40 strategy but I was already getting a bit antsy about the portion of bonds I held in my portfolio and wondering what I could do. Despite not holding anywhere near 40%, I was feeling it was still on the high side.

I won’t ditch them completely but will likely switch some more into other defensive investment trusts.

Current share/IT portfolio can be found here.

(Entire portfolio here)

Future Fund 

After removing the funds needed to buy my house, my Future Fund has dropped to £227,413. It’s not half as bad as I originally envisaged – as suggested by regular commenter Jane In London, I asked my Mum for the max amount she would loan me (that I could still cover with the eventual sale of my BTL) so this meant that I didn’t have to dip so far into my own funds.

I had to sell some equities (from my S&S ISAs) to release some cash and fortunately, I sold little bits of my portfolio over July and August when numbers were green.

I’ve been dreading doing this graph update.

Regular commenter Kid Cocoa suggested rebasing the graph, as if the house money was never part of my Future Fund, so that its removal didn’t cause me any distress. I did that and this is what it looks like:

 

[edit – original post had the wrong graph]

Looking good, with the markets bouncing back after the drop in September.

However, for consistency and because I feel like I need to see the consequences (and feel the pain) of my actions, this is what the graph actually looks like:

Oof! Looks almost like the crash back in March 2020, although there’s very little hope for another V-shaped recovery, haha!

My Future Fund’s value is now what it was in March 2021 so I’ve only really lost 7 months. My FIRE plan is still intact and unchanged – this is fine, I don’t feel so stressed about it any more.

Anyway, as horrid as the graph looks, I am already looking forward seeing it go back up again.

Dividends and Other Income

A more average month for dividends:

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Board, not Bored

2020 was a bit of a blur – I think like many, I was just going through the everyday motions of life, doing what I should be doing (work), trying to “stay safe” and attempting to maintain my sanity.

At some point, my eyes must have glazed over from looking at my FIRE and investment spreadsheets too much (what else was there to do back then?) and I decided to make things a bit more visual (and interesting).

I set up a ‘Countdown to FIRE’ Trello board.

Trello is a free to use collaboration tool, generally used for projects – an online equivalent of a whiteboard with a load of sticky notes.

Snapshot

Anyway, I forgot all about it until recently so here’s the updated board in all its glory.

I’d never used one before (for work or other) so it’s pretty basic; I’ve just muddled my way through trying stuff and making the most of copy and paste but I think it might be useful for me to view my goals in a different way, instead of them being hidden away in various spreadsheets.

I use the term ‘useful’ loosely, it’s more a motivation tool, rather than anything which is helping me reach FIRE, or even measuring my progress in a meaningful way.

Interestingly, the goal ‘Buy a home?’ had originally been in the ‘Future Goals (3-5 years)’ section so as mentioned previously, it was always part of my overall plan – it was just brought forward unexpectedly.

Anyone else use Trello or other visual tools to track their progress to FIRE?