January 2020 Savings, other updates + next FIRE meet

A bit late but I couldn’t get myself organised over the weekend to post.

A quiet month social-wise, not a lot happened – aside from recovering from having my tooth extracted following a recent visit to the dentist (it’s only just healing up now 🙁 ), much of it was spent reading, making the most of my £1.60 Now TV 3-month subscription (binge-watching Billions), working out in the gym and generally relaxing at home.

Work is nicely busy – some good news is that firstly, it looks like I should get my annual bonus and secondly, they’ve announced that they will be increasing their pension contribution to 5%! Woohoo!!

Anyway, another great start to the year for my Premium Bonds with a win of £50 – the first of many I hope!

So, how did I get on with my savings in the first month of the year?

I saved 40.8%, which isn’t too bad a start.

The above savings includes top ups from £90 matched betting profits (from last month), the £50 premium bond win, £33.81 from TopCashback* and £77.60 affiliate income from OddsMonkey (thank you to all who signed up via my links!).

Shares and Investment Trusts

A small investment in BlackRock World Mining Trust for some further diversification,  with the rest going on existing investments. Keep calm, carry on investing.

Current share/IT portfolio can be found here.

(Entire portfolio here)

Future Fund 

Jittery markets as a result of the outbreak of the Coronavirus saw my Future Fund not moving much at £188,361, despite new cash invested.

Dividends and Other Income

A low month for dividends: Continue reading

2020 Goals

Many of my friends and colleagues have jumped onboard the whole ‘January thing, eg ‘Dry January’, ‘Vegan January’, though I don’t know if any are daring to do ‘Januhairy‘…. Anyway, some have fallen off the wagon already.

Me, I will continue to drink, eat meat/dairy and de-fuzz as usual – this month isn’t any different from any other month.

New year, same old me, really.

10 days into the new year (as I write this) and I’ve been to the gym 4 times already (an achievement for me!) so I’m hopefully starting as I mean to go on!

 

Before I go into my actual goals, I will mention that I intend to continue to throw my spare cash into investments regardless of what may or may not happen around the world which might cause share prices to go down (or up).

I’m not planning to hoard cash because I don’t know how to time the markets and wouldn’t want the anxiety or stress of trying to decide when it’s the best time to invest so I’m just going to continue investing as soon as the cash is available (stops me from spending it anyway!).

Anyway, back to the main topic…Goals!

As with previous years, I find that I am more focused if I only set myself a few goals, with little room for distraction.

Last year’s goals were challenging (I only met two out of six) so I may as well aim for them/similar again.

Sorry that’s not very exciting but I don’t feel the urge to go for outrageous goals just for something to write about. Gone are the days when one of my goals was to learn how to complete the Rubik’s Cube (I can still do it!)! I do want to learn how to do a 4×4 Rubik’s Cube so perhaps a future goal, when I run out of things to write about!

So without further ado, here they are:

Continue reading

December 2019 Savings, plus Round Up

Happy New Year!

Hope you all had a wonderful Christmas and enjoyed the celebrations last night to see in the new year.

It’s 3.30pm as I type this and I’ve only just gotten out of my pjs so it was a late one for me! 🙂

Anyway, I had a great Christmas – no travels abroad this time but there was a 400-mile round trip over the festive period – some good times eating too much but surprisingly drinking little (apart from last night!)

So, how did I do in the last month of the year and against the targets I set?

Not flying abroad for Christmas this year meant that I more or less maintained my savings rate, ending up at 41.7%.

My average for the year stands at 46.3%. Although I didn’t achieve my goal (again) to hit that elusive 50%, I’m more than happy with this average, which is my highest to date. It’s a personal best! 🙂

The above savings include top ups from £120 matched betting profits (from last month), another £25 premium bond win and £70.67 affiliate income from OddsMonkey (thank you to all those who joined via my link – much appreciated!).

Shares and Investment Trusts

I continued to top up existing investments.

Current share/IT portfolio can be found here.

(Entire portfolio here)

Future Fund 

This time last year, my Future Fund stood at £142,831. As at 31st December, it stood at £188,605.

The total capital I invested in 2019 was £15,838 yet there’s been an extra increase in my portfolio of £29,935 over the year!  Wow – I’m astounded!

I didn’t do anything special to achieve this – all I did was ignore the noise about political uncertainty and continue to top up/buy and hold my investments, reinvesting all dividends received. I also received a good dose of LUCK with the buoyant markets.  Although I did switch some of my equity ETFs into bond ETFs (for a bit more balance and stability), this seems to have affected income rather than growth.

My investments effectively made a loss last year, so realistically, this could well happen again in 2020.  I can’t expect it to be this good every year!

Dividends and Other Income

Dividends received this month: Continue reading

November 2019 Savings, plus other updates

So it was Black Friday the other day – anyone pick up any bargains?

I should have probably done some Christmas shopping but the only thing I purchased  that day were more investments! My FIRE focus didn’t waiver!

Were the investments ‘on sale’? No idea – I’m sure I’m not alone in not checking the price of a Vanguard ETF before investing, except to make sure I’ve enough cash to invest.

I feel like I’ve caught up a bit on things this month, got myself a bit more organised, including sorted out my tax stuff. I even got round to having my tattoo to commemorate my half-century – it’s only visible when I remove my clothing so I’m not growing old too disgracefully!

In terms of blog reading/commenting, I’ve found that many of the usual blogs I follow haven’t been updating as much as before – have we reached Peak FIRE?

Still discovering and enjoying new UK blogs, but some of the older ones have been pretty quiet lately – hopefully they’re just too busy just getting on with the business of aiming for FIRE.

So, how are my numbers looking?

I saved 44% of my net salary! A larger than usual credit card bill due to social activities meant that I didn’t hit 50% but I’m happy with this.

The above savings includes top ups of £40 matched betting profit (from last month), £133.15 affiliate income from OddsMonkey (thank you to all who signed up via my links!), £10 lotto winnings and £50 Premium Bond winnings!

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 

Either the markets were buoyant or it’s just a result of pound sterling taking a bashing  (probably the latter) but my Future Fund jumped quite a bit this month, up to £182,861.46.   And there was me hoping that I would end the year at £180k but we’ll see what happens after the General Election…

Dividends and Other Income

A better month for dividends: Continue reading