So once again another fire and forget month for the GTP ISA. It isn’t quite zero effort as I do log in and alter my direct debit each month to maxmise things, but imagine if I was buying an acc. fund – an occasional log in to potentially pay fees, and that would be it…
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
- The VWRL dividend from March paid out this month which added £42.79 to the coffers
- No withdrawal was made
- Left over cash from the previous purchases was left in
So once again a very quiet month just ticking along and the number of units keep ticking up.
Overall performance: The starting value was £17,206.75, with £1,100 in new funds added, and £0 withdrawals, meaning total starting value was £18,306.75. We finished the month on £18,956.13 so the total performance across the whole portfolio was 3.55%.
Not at all bad, although it is making the VWRL more expensive to buy again, but I guess I can’t have both!
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 at £60.73 per unit, making the average cost per unit of £61.44. So it just keeps ticking along and increasing the number of units which all helps! I am really happy that once again it was 19 units rather than the usual 18, which keeps putting my fractionally ahead of where I had planned.
The dividends paid out giving me £42.79 for the quarter, almost £15 a month. In effect enough for me to have 2 pints and a bowl of pork scratchings a month. For free. For ever (subject to me still being alive of course). Not at all bad – so 1 year of saving heavily generates me just over £10 a month.
I can see why people get put off savings when you look at the fact that to get this I had to pay in £1,100 per month (and a bit when you add in the extras), but then this is not an income portfolio.
The other way of looking at it is in another couple of quarters that will buy me an extra unit!
Still, it’s free money in effect.
So – how does this now look as the graph data slowly builds up?
So the value is back just tickling above the contributions, nice so early on. The larger that dividend gets, the better as the further the gap will grow!
Now Weenie did ask to see about how the dividends started stacking up over time (and I am sure others would be interested to). The question is how to present it – I didn’t see any value in just replicated JustETFs table showing dividend per share per quarter, so I thought maybe showing the number of shares that came through, and the total dividend income to date. Let me know if this works!
- Jul ’17 – 18 shares @ 42.3p dividend per share – £7.61
- Oct ’17 – 73 shares @ 26.8p dividend per share – £19.60
- Jan ’18 – 127 shares @ 22.4p dividend per share – £28.51
- Apr ’18 – 182 shares @ 23.5p dividend per share – £42.79
So one year in – assuming no increase in dividends, and just multiplying by 7 (to get me to 2025) that would give me almost £300 income… so £100 per month in the pub… nice!
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 £5,128.90|
|S&S ISA IT||Now stands at £5,257.25|
So stocks back above cash once again which is nice, and soon time for yet another dividend from CTY which will buy a few more, nice!
How does the rollercoaster look now? Well, very much like this:
Talk about a rollercoaster but another month back above the cash value, but not enough clear air between them to warrant transferring anything more. A small correction and the difference would be wiped out.
No change to last month really – ticking along up in the right direction and minimal effort – it takes me longer to write these posts than it does to manage the portfolio!