So another month in, another standing order and not caring about what is going on in the world, and the ease of this portfolio is coming to its own. I still check it quite often, working out if I need to add more funds, changing the auto purchase to use every last penny I can each month.
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, what activity did we have this month?
- New Funds added. As always, the regular contribution of £1,100 has gone in however I added an additional £70 to this, taking it up to £1,170 as I wanted to push myself to get 19 VWRL units
- This month CTY paid out a grand total of £52.67 – which will get reinvested automatically
- No withdrawal was made
- Left over cash from the previous purchases was left in
So all in all a very quiet month, no drama, no real action (other than the little extra funds that came out of rainy day savings).
Overall performance: The starting value was £15,499.17, with £1,170 in new funds added, and £0 withdrawals, meaning total starting value was £16,669.17. We finished the month on £16,451.84 so the total performance across the whole portfolio was -1.30%.
So, lets get into the detail…..
So the standard units were purchased – however with the extra cash meant that I could purchase a further 19 units purchased at £61.76 per unit, making the average cost per unit of £61.64. So it just keeps ticking along and increasing the number of units which all helps!
So – how does this now look as the graph data slowly builds up?
So the gap between contributions and stock value is continuing to be just a little different. It’s taken almost a year to get there (so far, pending further falls!) but it shows that the patience really does pay.
If you are thinking about setting up an ISA into this, hopefully this will show you in real life that it is worth it!
If the prices drop further I will actually be quite happy – I am pushing myself now to put in extra, and I will continue to do so even when things drop. If I could buy 20 in one month… well.. that would be cool.
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 £5,127.67|
|S&S ISA IT||Now stands at £5,022.50|
Another whole 4p from cash. I can’t believe how well that is doing ;-). Seems CTY had a bit of a blip there, and dropped down quite a bit. Not ideal by any stretch, and further evidence that you should NOT do this approach. Even when the dividend is reinvested at this rate it will be below the cash value.
Whilst I view this as disappointing, things have been on a tear, and as I continue to reinvest the dividends it won’t take long to go back above. Of course, this is reliant on me not needing the cash – if you had to sell out this would hurt.
How does the rollercoaster look now? Well, very much like this:
Ouch!! A huge drop in value there and shows the joy of cash as it were. It is not ideal, but I will look back at this after a few years and I am sure I will have a positive view of it!
Well – the fire and forget progress is still winning it for me. No need to think (other than adding in extra funds, changing the direct debit etc.), just wait. To be fair, if I had gone for say the Life Strategy fund, then I wouldn’t even need to do that. I chose ETFs as fractionally lower costs in the long term.
I am still contemplating my insurance premiums going in here, although I won’t be reporting on that as well as these are enough as it is!