So once again, enjoying the fire and forget approach, knowing there is nothing I can do about world performance, I am getting whatever happens in the markets. I really can’t believe how much this has taken away some of the scrutiny I put in and how much less this (should) make me worry about money.
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. As always, the regular contribution of £1,100 has gone in however I added an additional £30 to this, taking it up to £1,130 so that I was certain to get 18 VWRL units
- This month the portfolio threw out £28.51 courtesy of VWRL…
- No withdrawal was made
- Left over cash from the previous purchases was left in
So once again just the fire and forget approach – don’t under estimate how nice and simple this is! Just over £9 per month in income basically, so that means I have now bought myself a free “Pint and a bag of crisps” each month 🙂
Overall performance: The starting value was £14,557.75, with £1,130 in new funds added, and £0 withdrawals, meaning total starting value was £15,687.75. We finished the month on £15,499.17 so the total performance across the whole portfolio was -1.20%. Not good as it came down (although total value still up) – hopefully soon the value of VWRL will start to drop so that I can buy more than just the 18 that I have to keep adding funds to make sure I can get! Otherwise it’s nice seeing how the income starts going up.
As a question to regular readers – would you be interested in seeing how the income from VWRL grows over time with the regular investments?
So, time to get into the detail…..
So I added some extra cash to keep the 18 unit purchases going at £64.37 making the average cost per unit of £61.62. Main thing is more and more units getting added which is nice!
So looking at the lovely graph again…
So the second month in a row with a clear break between the value and the contributions – it is rather nice seeing that! Given the dividends will provide (hopefully) a bit more of a gap going forward. I am sure this will change in the next slump but I will relish it for now! That said – if the values drop then I can get more units so in 7 years it will be good….
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. Remember – you really, REALLY shouldn’t do this. Keep cash on hand, be able to sleep knowing your bills would be covered etc.
So, how is it looking?
|Cash||Now stands at £5,127.63|
|S&S ISA IT||Now stands at £5,194.00|
A stonking month for the Cash ISA – a whole 45p this month! I can’t believe how well that is doing ;-). Seems CTY had a bit of a lapse this month but still above the cash value, so that is something…
How does the rollercoaster look now? Well, very much like this:
Motion sickness tablets anyone?! Not too bad, but doesn’t make it easy to sleep at night if this was your only emergency saving!
More of the same – slow and steady with the total value just continuing to tick up… all helps towards my end goal.
As I previously mentioned, I am thinking seriously about my insurance. If I do stop paying the insurance, then I will look at adding this into this ISA – most likely an Investment Trust with dividends reinvested to form yet another bunch of “emergency cash”.
My thinking of putting in some money and selecting stocks is still on hold for now – mainly because I don’t have the spare cash 🙂