Hope you all had a happy
Brexit Day Halloween!
October felt like a month where I had a lot going on but hardly anything was achieved.
I’m behind on loads of things – my reading, my paperwork, my tax return (meant to submit this month), my TV watching, my blog reading/commenting, my blogging.
That said, I bought a new mobile phone as my old one has been freezing and rebooting for months (used matched betting profits again for the purchase) and I’ve been out on a few social outings, completed a 13-mile walk in the rain (again!) for charity with work and been to the cinema a couple of times (to see Ad Astra and Terminator: Dark Fate).
My social calendar is pretty much filled up for November already so I hope I don’t continue to fall behind on stuff.
Am I also behind on my numbers? Let’s see how I did….
I saved 51.3% of my net salary! With my sis contributing towards household bills, I’m able to put away more of my money but as mentioned before, at some point, all my utilities direct debits will go up so my savings rate will revert closer to the norm.
The above savings includes top ups of £40 matched betting profit (from last month), £67.74 affiliate income from OddsMonkey (thank you to all who signed up via my links!), £30 from Siteground* affiliate income (thanks Tom!) and £57.01 from TopCashback*.
Shares and Investment Trusts
No new investments – I just topped up existing ones.
Current share/IT portfolio can be found here.
(Entire portfolio here)
The markets were all over the place this month and despite adding new capital, my portfolio value went backwards down to £178,832.19. As usual, I’m keeping calm and carrying on investing!
Dividends and Other Income
A slightly disappointing month for dividends:
I received income of £383.01, which although is more than a decent amount, was not as much as I had hoped. Back when I was setting my goals for the year, I had not considered what would happen to my dividend income if I were to adjust my investment strategy part-way through the year (by increasing the bond allocation in my portfolio). I’m highly unlikely to reach my goal of £4k in dividend income now.
Here’s the main dividend income graph:
Matched Betting (MB)
Total profits of £297 this month, which isn’t bad considering my ‘busyness’ and also losing one of my main betting accounts (restricted to pennies so as good as lost). As with my dividend income, I am nowhere near on track with my goal but I shall keep plugging away with this.
As mentioned before, the MB guide I subscribe to is OddsMonkey*, which is great for beginners and experienced matched bettors alike with quality tools to help you make profit. There are step by step guides and also a friendly forum for you to ask questions and get assistance on any of the offers.
Some people think matched betting is gambling but it isn’t (speaking as a former-though-now-occasional gambler). For me, it’s the ideal ‘side hustle’/hobby to do in my spare time. Anyway, check out the free trial* (with no obligations).
Here’s how I’m doing versus my goals:
Behind on all my goals, apart from the one to twin another toilet – just need to find the time to sort this out.
Also, at this rate, my passive income (dividends) has a good chance of beating active income (matched betting), which is a good thing, since who doesn’t love earning income while doing nothing!? 🙂
How was your October?
Oh I nearly forgot…
Next Manchester Meet Up
Date: Friday 29th November 2019 from 6pm to late.
The Bank (location of the first Manchester Meet Up), 57 Mosley Street, Manchester, M2 3FF The Salutation Pub, 12 Higher Chatham St, Manchester M15 6ED (just off Oxford Road) [edited 04/11/19]
Unfortunately, something has come up and I appear to be double-booked. I will attempt to reschedule my other appointment, so it’s 50:50 whether I can make this or not.