June ’17 – Go T’ Pub Performance

So, one month on, or a quarter of a way through the tax year, and its the usual time for an update. For the view on the overall performance across the investments, please see here.

So, the key bullet points for this month:

  • New funds added. £1,100 was added to the account
  • No withdrawals were made 🙂
  • No dividends were received 😦
  • Left over cash. £40.14 was left over from the last month

Overall performance: The starting value of 1st June was £6,394.06, with £1,100 in new funds added, and £0 withdrawals, meaning total starting value is taken as £7,494.06. We finished the month on £7,267.67, so the total performance across the whole portfolio this month was -3.02%.

VWRL ETF.

So, time to buy some more ETFs, including the extra funds from the previous month. The £1,134 (the leftovers) bought 18 shares at an execution price of £60.89 per share. As I include all charges based on total book cost to give an average price, with the £1.50 cost of investment, this gives an average price of £60.035. As this is still in the early stages, naturally the value of the ETF is less than the contributions so far, this is going to be interesting to see the impact over time! It is really too early to try and take any meaningful view on this! Hopefully after a couple of dividend payments I will be able to get the stock values over the size of the contributions, otherwise it will be a little depressing!

201706gtpub

Cash vs. Investment Trust

So, the experiment to see what happens when I put an equal amount into a cash ISA and an Investment trust. So, how are things looking after 2 months? Well firstly it appears when I did my May check on the cash ISA it appears that the interest had already gone in and hence it shows the same value as last month, oh well not that 4p really makes that much difference!

Starting Value £5,126.83
Cash £5,126.94
S&S ISA IT £5,094.71

Or, in pretty graph pictures:

201706cashvsstock

I could be drawing pyramids right there 🙂

So really not a lot of interest right now, but then it is only the second month that this has been purchasing shares, so who knows what the future will hold!

Now, I did think about adding in another graph to show total contributions in the whole ISA and the total value – would that be of interest? Let me know…

June 2017 Performance

So the month has ended, and so its time to take stock of the performance across my portfolio, and compare it to the usual index of choice. This enables me to see how I am doing. As I covered in my “How I measure performance” – basically I take the value of the portfolio at the end of last month, add on any contributions for the month, and that was my starting value. End value is the value at the end of the reporting period. Simples 🙂

Portfolio Performance Income Notes
Company Pension -1.08% 0% No income generated as all funds are in growth or reinvested
Personal Pension -0.63% 0% No income generated as all funds are in growth or reinvested
ISA 1 -0.44% 0% No income generated as all funds are in growth or reinvested
ISA 2 -0.55% The performance does not include the income that was paid out into my account, but is covered by the income so really need to consider both in conjunction
ISA 3 -2.18% 0% Although dividends are paid out, they remain in the ISA wrapper, and will get reinvested for growth. The performance figure includes both the Capital growth, and also income received which will get reinvested. The Income is the %age paid out by the portfolio but remains inside the wrapper to buy more goodies
ISA 4 -3.02% N/A Just starting up – Go T’ Pub
FTSE-100 -2.76% This excludes any dividends
FTSE-250 -3.16% This excludes any dividends
FTSE-All -2.77% This excludes any dividends
S&P500 0.66% This excludes any dividends
Dow Jones 1.73% This excludes any dividends
VWRL -0.91%
VHYL -1.48%

Notes:

Company Pension: This consists of a number of actively managed funds – I don’t have any choice of trackers etc, but I will take the matching, that will more than cover the fees, and I will just live with it.

Personal Pension: This is managed by my FA and contains Actively Managed funds. I continue to contribute each month and the contribution is included in the performance – before my FA has taken their cut (e.g. if I put in £100, and they charged me £5, so only £95 went into the account, I would still class that as £100).

ISA 1: This is also managed by my FA, but no new contributions going in (nor planned).

ISA 2: This is also managed by my FA, however its slightly more complicated than that. There are 3 sub portfolios within, each of which have funds added each month, but each portfolio has different levels of contribution. Contributions are still going in and do make a material impact to the overall level.

ISA 3: This is the ISA I manage myself. The last contributions added to it was the tax year 2016 – 2017 – I may add in the future, but not until some of my other ISAs  have grown to a similar size.

ISA 4: This is the Go T’ Pub ISA that is slowly started to tick up.

So what to make of all these lovely numbers? First off it seems that the US market is still gradually ticking up – despite VWRL and VHYL going down, so must have been bad elsewhere! This is backed up by the UK figures for this month – really rather dire!

I continue for now to take the performance of my company pension, ISA 2 and ISA 4 with a pinch of salt as these still have a large contribution going in which will warp the performance slightly depending on purchase date. The main thing is the absolute value continues to push up.

So I am disappointed with my actively managed ISA, but it took a hit on a few stocks this month, but at the same time paid out a large increase in dividends Year on Year from last year in, so it’s not all doom and gloom – even more so as my VHYL holding didn’t pay out in June as I had expected! That gives me something to look forward to in July.

There will be a follow up post for the details of the Go T’ Pub ISA, but given the contributions are a massive amount compared to the total, so I take that with a pinch of salt.

My personal pension did ok given its split and shows the value of being suitably diversified – even with the fees being charged.

Overall my networth (excluding home equity) continues to track steadily upwards (well ok, last month it did go down a fraction but….) and I am seeing the number go up faster than I thought originally possible, although I am sure one good crash will change that 🙂 Given how much this has gone up over the last 12 months I do worry about what is going to happen, but the joy of also tracking my dividend income means I worry less about the overall value. Dividends halfway through the year are ahead of last year by a reasonable whack and will hopefully continue to climb up to help me move my spending to coming from re-earned income rather than my salary.

How was your June?

June Income and Expenses

Is it really that time already?! Well, this month has been a little bit confusing to put it mildly. I at least got my tax refund through, however they put it onto my credit card rather than into my bank account which doesn’t help. Coupled with a bunch of work expenses coming through at random times means that it is all rather confusing – for the first time I actually don’t believe the numbers, but I have cross checked, downloaded my bank statements again and it seems there. I even phoned up my credit card company to check what the balance was and matched everything. Despite all this I am still struggling to believe it, but it is what it is. I am not including the tax refund value in any of these figures as this will go straight into my other half’s ISA again.

In addition, I have made my life slightly harder – so I advised my FA that I would be transferring my tax refund into my other half’s ISA, and took make life worse for myself I decided to round it up, which means I have to find more cash – potentially raiding some of next months income which will be tough.

Income

So as always I had my steady Salary drop into my bank account, always nice.  I don’t include any of my personal ISA dividends in my income statement, that is just part of the growth of those portfolios. The income thrown off by my other half is included, however this is an incredibly small amount at present (but rapidly approaching an additional 1% of income) so it is more of a statistical error but starting to get more significant. This month was a milestone income from her ISA as it tipped over another rounding point which was a major boost psychologically. It’s only taken a couple of years to get to this point so I can’t wait to see how that keeps going!

So, steady as she goes on income – very slowly creeping up.

Expenses

Item Notes Amount
Things I choose not to avoid* Mortgage, Insurance, shared bills etc. – yes, we could move somewhere cheaper, not have insurance, reduce our bills a bit and so on, but we are where we are. 41%
Groceries All the food and other stuff needed for home 1%
Alcohol for home Home alcohol consumption only 0%
Bicycles / Car related Any costs related to either the bikes or the car 1%
Alcohol Out Generally, its the pub…. 2%
Eating Out I include purchased lunches in this as well as meals out etc. 2%
Other My catch all for anything I may have missed…. 11%
Holidays Any spending related to holidays, flights etc. 0%
Savings Anything left over! This includes money into ISAs, mortgage payments and non relief pension contributions. My company pension comes out before it hits my bank account so isn’t included, nor do I include the “top up” of money when my money goes into my personal pension (i.e. I put in £100, I register it as £100, not the £125 that gets credited in my pension) 42%

 

* This covers a number of things that I would class as essential for me. Yes, I could move to somewhere cheaper to reduce the mortgage (which in turn would reduce the insurance I have to pay), yes I could reduce my bills by switching energy supplier etc. but it comes down to what I am happy with. There are a few other things in there that are classified as essential that others may object, and so I have just lumped it into there.

So what are the key standouts? Well the stuff I do nothing with is down to 41% which reflects the increase from my other half’s ISA income.

Groceries and alcohol at home incredibly low as I didn’t buy anything for home other than a few vegetables to go with food from the freezer – the joy of those big bulk buys every few months! The alcohol out and eating out was relatively low given some work trips and working from home balancing out the expenses. The “Other” is pretty high. This is a fall out from May, there was some funds I missed from when I was out – clearly one too many whilst I was out partying and so hit me in the wallet. I honestly think had that not caught me out I could have clocked a 50% savings rate – my first ever time – but not to be, this month! What I liked is, that I was able to take the 11% hit on my other without causing too much hurt (ok, I have no Cash Flow Funds available), although I am now worried about next month.

All told though not a bad month at all. Especially after a recent article showed that the UK savings rate has dropped to 1.7%. Basically, if you take home £1,500 per month the average person can’t save £30. That is really rather scary to me.

So how was June for you? Did you manage to keep things under control in the sun?