Was it just me or did anyone else find that this month passed by both slowly and quickly?
I daren’t think too much on why this was, as it hurts my brain!
Anyway, ‘highlights’ this month for me in the first lockdown month of the year included:
- 4 hour+ Zoom chats with a couple of friends from uni, whom I hadn’t met up with for 6 and 12 years respectively – we had a lot to catch up on!
- Attending two FIRE meet ups: the London one and the Manchester one. Of course, with the meet ups being on Zoom these days, you can be dialing in from anywhere and we even get some FIRE peeps from overseas joinng in. I know many people might be ‘zoomed out’, but unless you talk openly about FIRE with your colleagues or family and friends, I’m guessing these sessions will be different from your usual Zoom calls. Anyway, I’ve put in the links so people can join ‘Meet Up’ and see when the next events are on (the next Manchester one will have discussions about savings rates and the next London one will be talking about aiming for FIRE as a couple).
- Buying some ‘working-from-home clothes’, in other words, a couple of pairs of leggings, £5 in the sales!
- Rewatching ‘The Matrix’ for the gazillionth time – I liken Neo’s Red Pill moment to when I discovered FIRE and went down the proverbial rabbit hole myself…
- Being riveted by the whole ‘meme stock‘, r/wallstreetbets vs hedge funds thing. I even had a few small ‘bets’ myself (using Freetrade*) on GameStop, AMC and Blackberry and came out eventually +12%, although the whole saga continues to unfold. Certainly the fallout from all this will be interesting. Silver, anyone?
- Rotting my brain with guilty-pleasure TV shows like ‘Married At First Sight – Australia’ and ‘The Masked Singer’….don’t judge me 🙂
- Spending a whole month with just my Sis in the house since nephew is still with his dad from before Christmas, as pointless him coming back yet with his school shut. It’s been surprisingly ok…
- Not a highlight but making another trip to the dentist which had me going home minus £300 (2 missing fillings replaced – ouch!). That went on my credit card and I may just plug this with some emergency cash.
Anyway, how did I get on money-wise in January?
I saved 46.6% of my net salary – not a bad start to the year.
The above savings includes a top up of £20 from Matched Betting profits (from last month).
Shares and Investment Trusts
No new investments apart from ones mentioned here, where I adjusted part of my investment strategy earlier this month.
Current share/IT portfolio can be found here.
(Entire portfolio here)
After the end of year rush upwards, the stock markets wobbled a little so I saw no real gains, despite new capital being added. Some ‘experts’ are saying there’s going to be another big crash at some point. Yeah, whatever.
At the end of the month, my Future Fund stood at £220,324.
Dividends and Other Income
Not a bad start to the year for dividends:
I received £171.23, of which £131.73 was from my ISAs, the rest from my SIPPs. All dividends were reinvested. With the recent changes I made to my investment trusts, I should see decent increases in dividends this year…I hope!
Here’s the graph of all dividend income received; nice to see that little spike:
Matched Betting (MB)
Bit slow on the MB front this month, my mind just wasn’t on it.
In the end, I made just £97.50 profit. It would be good if I could achieve a lifetime total of £20,000 profits this year from MB, but it’s getting tougher after all this time to get decent offers and I don’t spend as much time on it as I used to.
As mentioned previously, the MB guide I subscribe to is OddsMonkey*, which is great for beginners and experienced matched bettors alike. There are step by step guides and also a friendly forum for you to ask questions and get help on any of the offers.
One month in, not a lot to look at really:
The Pennine Way virtual walking goal has encouraged me to move about more – I make more of an effort to go a little further on my daily walks, averaging 2 miles a day now when before I wasn’t even doing 1 mile every day. I do however need to make sure I clock some decent mileage to make sure I don’t leave myself with too much to do in the last month or so of the goal.
And that’s it really.
How did you get on in January?