Thought Experiment #10 – COVID-19 Edition

It’s been a while since I did one of SavingNinja’s famous thought experiments and here’s his latest one:

“Unprecedented events create new experiences. What fun, misadventure, or positive discoveries have you encountered while locked down?” 

Usually I don’t take part because I don’t have the time, but I can’t really use that excuse on this occasion!

So here goes with a few things which come to mind after 4 weeks of official lockdown:

1 – Discoveries

The week when the bottom literally fell out of the stock market’s backside, I discovered that the massive drop in my investments did not give me any sleepless nights.

Here is how I slept that week (from my Fitbit):

I’d always wondered how I would feel during a stock market crash and now I know, although admittedly, it would probably have been a very different story had I relied upon my investments for income.

2 – Fun 

Although there’s a lot more time for me to read, instead of doing so, I’ve decided to have some fun and have re-taken up another passion of mine, that of video gaming.

Still conscious of cost, I looked for a good free game to play and have settled on Guild Wars 2, a MMORPG (massively multiplayer online role-playing game) which is my favourite game genre.

I think I’m likely to be playing this game for a long while and find it really relaxing levelling up my character.

It’s also been fun having virtual meet ups with family located on the other side of the world and also virtual nights in with friends.

The other night, I also attended the first virtual Manchester FIRE Meet Up (via Zoom) – over 20 of us logged in for a good chat, debate and discussion. Post lock-down, I can see these virtual meet ups still taking place.

3 – Misadventures

Not driving my car for over 2 weeks meant that when I did try to drive it, the battery had gone flat. One of the neighbours has offered to jump start it so I’ll hopfeully get it sorted this weekend.

Also, my oven typically stopped working just as its 5-year parts guarantee expired, so not sure when I can get that sorted. My friend’s husband has offered to take a look  (while practising social distancing) but I don’t know yet how much the parts will cost. In the meantime, we still have use of the hob and also the microwave.

Pre-lockdown, my diet was fairly low on carbs but our groceries recently have noticeably include a lot of carb-laden comfort food, eg bread, cake and biscuits. The good news is that I haven’t piled on the pounds (much!) so I’ll allow myself to enjoy these sinful treats while we must hunker down in our abodes.

4 – Routine

Being stuck at home, I feel that it’s important for me to keep my weekdays separate from the weekends as I don’t want them merging into each other – otherwise, what else is there to look forward to!? This is something I intend to maintain when I retire.

As such, I have continued to keep to the following routine:

  • Wake up to my work alarm every day during the week (a little later than my previous work alarm as I don’t need to commute), shower and get dressed.
  • Go for a quick 10 minute walk (replicating the walk I used to take from the tram stop to the office).
  • Log onto work laptop at the usual time, stop for a dedicated lunch break and log off the laptop at the usual time.
  • Rinse and repeat Monday to Friday.
  • Alcoholic drinks only allowed at the weekend, as well as lie-ins!

And thus I reckon I have maintained my own sanity and a sense of normality.

5. Positivity

You will have gathered that I have remained pretty positive during lockdown but of course I’m not entirely happy.

I miss hugging my friends, I miss eating/drinking out, I miss the office and commute (yes really!!) and I am really missing sport on tv.

I’d say the routine I’ve kept to has helped loads with me staying positive, but also, I think this ties in with ‘Haves’ and ‘Have Nots’: I still Have a job, I Have a garden and I Have Not got children. These 3 things I feel have contributed to my positivity, although as I’ve mentioned, my lifestyle has adapted well to lockdown.

I’ve switched off from a lot of social media and ‘news’ – all I do is keep basic tabs on what’s happening with the virus in this country and I don’t bother looking anything else.

I feel sorry for people who are suffering (mentally, financially or physically) but there’s only so much I can worry about so I reserve my concern predominantly for my family and friends. The government will do (or not do) whatever it will do (or not do) without me having to stress about it too.

Yesterday, one of my closest friends messaged me saying she has the virus symptoms – here’s hoping she doesn’t suffer too much and that she makes a fast recovery.

As I write this, I realise that if the government were to announce a further extension to this current lockdown, I think I will just shrug my shoulders and get on with it.

Other bloggers with their personal takes on this Thought Experiment include:

Mrs SavingNinja



Money for the Modern Girl 

Total Balance

Anyone else got any thoughts to share?

Our Hopes And Expectations

“Be careful what you wish for” goes the saying.

For the last few years, I’ve been wishing that the stock markets would crash so that I could take advantage and invest in lower priced stocks during my accumulation phase.

What’s happened isn’t quite what I had in mind.

In fact, I can’t really say what it was that I had in mind – just not this!

I wasn’t an investor during the financial crisis of 2008, I’m no grizzled investor who’s been round the block, so this is all new to me.

So the time is now. Or is it? As mentioned in my last post, I’ve made the decision to just stick with my plan, which is to not sell and to continue investing on a monthly basis, in accordance with my asset allocations.

Tempting though it is, I’m not going to dip into my emergency cash reserves to invest, especially as I have big dental costs this year, never mind the other (as yet) unknown expenses likely to occur.

Whatever I invest in now is effectively on sale, whether the price is rock bottom (it probably isn’t) or not.

Black Holes and Revelations

I was going to avoid looking at my portfolio until when I did my usual month end update but curiosity got the better of me. I ended up having a bit of a peek and now I wish I hadn’t!

It was a couple of days ago and I’ve lost at least a year of gains, around 22% or £34k. The markets have dropped more since, so I fully expect to be reporting a further decrease in my Future Fund at the end of the month – YIKES! 🙁

This could massively set me back in my FIRE plans, although there’s the hope that if the markets recover back to their dizzy heights in a rapid fashion, I might get back on track. Not really going to hold my breath though.

We could be in a depressed state of recession for a while. The global economy will probably get worse before it gets better and who knows how long it will take to recover, if at all.

There could well be an impact on my job – will the company need to lay off people?

I could end up getting ill, or rather, I probably will get ill (as part of the herd immunity strategy our government has adopted) – let’s hope I don’t suffer too much and can recover.

I need to brace myself in case there are shocks around the corner but until I know what is actually going to happen, I will carry on as normal.


For something less gloomy, how’s about a bit of FIRE dating?

This beta dating website for single FIRE folks was brought to my attention via Money for the Modern Girl .

I have a feeling that there are going to be mostly young folks on here and not many in my age group, but if past relationships are anything to go by, that shouldn’t be too much of an issue! 😉

Beyond filling in bits of my profile, I’ve not really spent any time on this, so not had a good look around yet properly or connected with anyone.

However, with no sport, no or limited matched betting and no real social outings,  I have no excuse for lack of time, haha!

Hope everyone is keeping themselves and their loved ones safe, keeping calm and washing their hands.

Next post will be my month end figures – it’ll be a bloodbath!

Only Sixty Left

The other day, standing in a packed tram and having just finished reading my book, rather than dig out my phone to aimlessly scroll through Twitter, I started to idly think about my goal to FIRE.

My stretch goal (now my actual goal) is to FIRE at the end of 2024. This is in about 5 years’ time, which really isn’t that far away. I’m over half-way there.

And then it suddenly hit me.

Assuming that I will be continuously employed, this means that I only have 60 more pay days from my employer!

If not gainfully employed all that time, then less than 60!

Rather than think ‘Hurray, only 60 more pay days til I can stop working!’, I felt a flutter of doubt and fear about my numbers. Numbers which I have checked and rechecked numerous times over the years.

What if it’s not enough!?

I did the maths and the resulting number (ie 60 x my monthly salary) on its own added to my current pot is not enough for me to FIRE.

But I don’t save the full amount, do I? My savings rate is around 40-odd percent which means that based on my current savings rate, I’ll not be in sniffing distance of what I need.

Of course, there’s a chance that I might get a pay rise or two in that time and the occasional bonus, but such increases/bonuses will have a minimal effect.  I’m not looking to move to another job if I can help it, so no big hike in salary from switching companies.

I will therefore be relying heavily on growth and income from my investments to get me past the finish line. Oh and a lot of LUCK, in regards to sequence of returns risk.

What Will I Do?

Over the next 60 months, I will need to continue to remain focused, to be mindful of my spending whilst still continuing to lead and enjoy what I consider to be a normal life.

Over the next 60 months, I need to continue making extra cash via matched betting and ensuring that I continue to bank/invest any affiliate income I receive from the blog, plus any lotto or premium bond winnings.

While my sis and nephew are living with me, I need to make the most of the extra contribution to bills.

Proverbial Spanner

There will of course be obstacles for me to overcome, expenses which will try to wreck my plans.

Barely 3 weeks into the year and a spanner has already been tossed into the works.

Over the weekend, one of the crowns on my back teeth loosened and fell out, causing pain and discomfort. I went to the dentist and he told me what I was half expecting but not wanting to hear: my tooth is broken and needs to be extracted.

After extraction, the two teeth on either side of the resulting gap will be checked to see  if they are strong enough to support a bridge, cost will be around £600.

If not, then it’s highly likely that I will need to have an implant which will cost an eye-watering £2k! 🙁  It’s not on the NHS as it’s classed as cosmetic work and I’ve already used up my dental cover provision this claim period (which would only cover £100 in any case!)

Leaving a gap is not an alternative –  I won’t be able to chew properly on that side of my mouth, plus there could be a risk that my teeth could move or twist into the gap.

I can’t go through the rest of my life not being able to eat properly, so it’s a needs must.

Fortunately, I won’t have to pay the £2k in one go but my trusty emergency fund will take its biggest hammering so far and will need to be replenished. This in turn will affect my savings rate.

£2k pretty much wipes out one of my pay days, so it’s now just 59 more to go! YIKES!


How has this suddenly turned into a situation where I feel like I am running out of time (to save for FIRE), instead of joyfully counting down the time until I no longer need to work?

This is the goal I have set for myself, what I have been aiming for all these years.

I think this big dental cost is giving me negative vibes – I’m normally a glass half-full kind of person.

Time to go over those numbers once more…

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:

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