A bit of a topsy-turvy month – with the announcement at work and various members of my family arriving for an extended visit and birthday celebrations (mine!), things aren’t quite normal in the weenie household. Oh, and also Brexit happened….
So I managed a savings rate of 39.7%, my lowest so far this year. Meals out with friends and family plus shopping trips (again with family) incurred extra expenses.
My average savings rate has now sadly dropped below my target, now at 49.4%, so just below my target. With my family being around for a few more months and work being uncertain, I’m not sure when I’ll be able to drag this back up but I’ll do what I can.
This month’s income was boosted by £50 from rent received, £25 premium bond winnings and £25.05 from TopCashback*. I also made my first £100 investment using matched betting profits – more on that another time.
Net Worth and Future Fund
I don’t report my Net Worth on a monthly basis, but here’s the detailed info after the second quarter:
(b) Personal Emergency Fund
(c) Emergency Fund for stuff related to BTL property
(d) On a 0% rate
(e) Zoopla estimated value of property as at 30/06/16
Brexit has actually had an initial positive impact on my portfolio – helped along with new capital, my Future Fund now stands at £72,192.02, an increase of 5.9% from last month.
Since December 2015, my net worth has increased by 15.2% (not including my work DC pension). I’m not really hung up on this number but it’s heading in the right direction, so I guess I’m happy.
Dividends and Other Income
Dividends received this month (which will be reinvested):
Wow – I was hoping to just break the £100 barrier at some point but actually got a total of £207.12 this month! Post-Brexit sterling jitters meant that I did well from the ETFs (All World and World High Div) that pay their dividends in US dollars. A very nice jump compared to last June’s £30.07!
Total dividends received this year now stand at £435.83, so I finally appear to be on track to achieving my goal of £720, with half the year to go. Average dividend income so far is £72.64 per month, average over 12 months now at £36.32.
Here’s how things look graphically at the halfway stage:
This graph just makes me want to keep on investing!
I also received £12.77 interest from my P2P investments.
Shares and Investment Trusts
I added to my holding of F&C Commercial Property Trust, although the purchase was made before Brexit so no real bargain to be had there. I don’t have surplus capital lying around so for now, my plan is to just continue investing on a monthly basis. “Keep Calm and Carry On” as it were!
Current portfolio can be found here.
I was hoping Euro 2016 would lead to lots of matched betting profits but with my family around, I found that I wasn’t able to dedicate the usual amount of time to this hobby. Managed to squeeze in a few Wimbledon tennis accumulators but not as many as I would have liked.
I still managed to make £389 profit this month, making my total earned from matched betting £1614 since I started in March, so an average of £403.
This is the first month where I didn’t open any new accounts, so the profits are from reload/repeatable offers with existing accounts only.
Again, despite not getting to £500, I’m pretty chuffed with the amount I’ve made and I’ll be well happy if I can continue to bring in this amount (or thereabouts) every month.
Having finally finished re-reading the Game of Thrones series at the beginning of the month, I’ve made some progress on my library book goal. Need to somehow squeeze some financial related books in there too at some point.
Anyway, hope you all had a great June, Brexit notwithstanding!
[EDIT – matched betting numbers updated – I’d missed off a few bets from June]