Another month is over, so here are my accounts for the month.I don’t pay too much attention to the markets but there was a fall this week that took about 2% off my share values and took off the shine from what was a decent month. The big news apart from Brexit was that Wonga went bust – good riddance I say.
My spending will come in few days as I’ve changed how I calculate spending and it will take a bit of time to put things together.
- Liquid cash = -0.3% (-0.4%)
- P2P Lending= 7.2% (-0.2%)
- ISAs = 5.3% (+0.7%)
- Non ISA investments = 11.1% (+0.1%)
- EIS = 3.5% (+0.0%)
- VCTs = 14.2% (-.3%)
- Housing Equity = 5.7% (+0.1%)
- SIPPS = 24.9% (+0.4%)
- Final Salary Pension = 26.2% (0%)
- Other = 2.2%
- Total Net Assets = 85.7% of FIRE Goal* (+.2%)
- Increase on Month = 0.5%
- Time to FIRE estimate = Anybodies guess?
- 1 – Annual increase in net worth = 14.2% (y/y)
- 2 – Annual increase in net worth less income = 1.2% (y/y)
- 3 – Annual increase in net worth less income and spending = 7.8% (y/y)
- Percentage of Pensions of Net Worth = 51.1% (+0.3%)
The numbers look ok – Not a great deal of progress but there have been positive changes and portfolio trades
- Interim results from the company show that we should expect a decent bonus this year (paid in Feb 2019). Estimated at 1.5-2 months’ salary
- I sold shares in the BBOX reit for about 15-20% more than I paid. It was done to reduce fees as, although it’s a good business, I think that the ongoing charges are too high (1.5%+). The money will be ploughed back into low cost ETFs with dividends – part of my Ready, Aim FIRE program.
- I bought shares in Trinity E&P which is a long story. Bought for 15p, now sitting at 17p. I’m trying to get out of individual risky shares, but the offer was too good to turn down.
- I decided to stooze due to a large credit card balance. I even got paid £21 by Topcashback to take out the (interest free) credit card in the first place. This will help with cashflow.