For the full details over all of the portfolios as a summary please refer to the full month end report – this is specifically looking at what has happened on the Go T’ Pub portfolio only.
So the key bullet points for this month:
- New Funds added. This month I added £1,120 in new funds (more details below)
- VWRL paid out this month woohoo! My very first dividend! A whole £7.61! Depending on the bar, that is a pint or two, or 3 bottles of Spankers IPA and some left over 🙂
- No withdrawal was made.
- Left over cash after purchase this month was £17.92
Overall performance: The starting value was £7,267.67, with £1,120 in new funds added, and £0 withdrawals, meaning total starting value was £8,387.67. We finished the month on £8,448.30, so the total performance across the whole portfolio was 0.72%.
So this month, with the dividends and left over cash from last month, I realised I was only just shy of being able to buy 19 rather than 18 VWRL, so I added in an extra £20 which meant I was able to purchase 1 more share. Why do that? Well, £20 isn’t a huge amount of money in the scheme of things (another reason my Cash Flow Fund isn’t going up), and these early days are really important. 1 more share now will make a good difference over the years. Given the cash left over, I didn’t need to add a full £20, however I wanted to make certain I would get that extra 1 share.
As for receiving my first dividend, this was super exciting (yes, I know, I need to get out more!). Whilst you won’t be able to retire on £7.61 per quarter, that is still £2.50 per month for the next 3 months, and it represents the very first step to the future.
The average price paid for the ETF now stands at £60.20 – and the value has increased from last month.
There really isn’t much in it right now, but the contributions are still a little higher than the stock value but it’s getting close.
Cash vs. Investment Trust
So for me this was the more interesting part of the overall approach – I transferred 50% of my last remaining cash ISA over to an IT and will be tracking the two together to see how things perform.
Slowly but steadily over the coming months and years we will see how the difference is, but please do remember, do NOT invest your emergency fund in the stock market!!!
|Cash||Now stands at £5,126.98|
|S&S ISA IT||Now stands at £5,125.98|
Talk about a close run thing! I do know that there is one little bonus due in the pipeline, and that is the IT dividend which is due to pay out 4.3p per share at the end of August which, when reinvested, should see a good step up in the difference between the two.
Or in pretty pictures:
Pretty even again!
Remember folks, do NOT transfer your emergency funds into stocks – you need some emergency funds.
So all told, these early days of starting out really are boring, and not difficult to see why people get put off so fast. Putting aside all that money for so little perceived return.