Oct ’18 Go T’ Pub Performance

So in October I have to admit I didn’t really look at this portfolio – knowing that CTY will do what it does, and the VWRL will also just keep ticking along. Life continues to throw up blockers to my writing time, so please stay with me 🙂

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
  • VWRL paid out a whopping £103.60
  • No withdrawal was made
  • Left over cash from the previous purchases was left in

Overall performance: The starting value was £25,774.98, with £1,100 in new funds added, and £0 withdrawals, meaning total starting value was £26,874.98. We finished the month on £25,534.68 so the total performance across the whole portfolio was -4.99%.

Ouch, so quite a drop there – but what does that actually look like in terms of the details….

VWRL ETF

So with the drop in the value, plus the extra income from the dividend, it allowed me to purchase a whopping 20 units this month at £62.87 per share, giving an average cost now of £62.52.

On the flip side – £100 quid. For doing nothing. That should cover a meal out this quarter with Mrs. FiL – but I of course wont yet, it will reinvest 🙂 Either way – two quarters in a row its been over £100, or in other words, about £30 a month – that will treat us to a couple of drinks down the pub each month – result!

So, how does this look in pretty pictures I hear you ask?

201810gtpub

So even with the “crash” – having reinvested the dividends, the value is still higher than the contributions – so nothing really to grumble. I can’t believe just how fast the £20k has amassed either – seems to be there in a blink of an eye.

Cash vs. Investment Trust

So now for the fun, and highly not recommended, part. The money from my Cash ISA that was part of my emergency fund that I invested in the market to see what would happen over time.

So, how is it looking?

Cash Now stands at £5,132.34
S&S ISA IT Now stands at £5,037.70

So once again, the value of cash holding it’s.. well… value… is showing through as I sit on a loss of the stock. Given how low it has been over the month, it is a great recovery!

201810cashvsstock

So the rollercoaster continues! I know that next month I should get another dividend which will be reinvested so hopefully this will then make sure it keeps above the original starting value, but let’s see!

Sep ’18 Go T’ Pub Performance

So, once again, I didn’t pay any attention to the GTP ISA again this month (even though I should probably start looking at the charges and maybe move 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
  • No dividends were paid out sadly this month
  • No withdrawal was made
  • Left over cash from the previous purchases was left in

Overall performance: The starting value was £24,669.21, with £1,100 in new funds added, and £0 withdrawals, meaning total starting value was £25,769.21. We finished the month on £25,774.98 so the total performance across the whole portfolio was 0.02%.

So basically things went absolutely nowhere. Even with the money in things just tick along.

So, now for the details….

VWRL ETF

So the standard units were purchased. I bought a further 16 units at £66.52 per unit, making the average cost per unit of £62.49. The average cost starting to keep ticking up, but I guess I can’t complain as all the other units I already have increase as well!

I am in a slightly odd position in that I would love a crash and for the shares to drop to say £40 to allow me to buy huge amounts more, even if it means my current holding drops massively.

Ultimately though, it doesn’t really matter – things will just keep ticking along

So – how does this now look as the graph data slowly builds up?

201809gtpub

So a nice gap developing there between contributions and value. It’s still not as much as I would like but the main thing is that the total value keeps going up!

Cash vs. Investment Trust

So now for the fun, and highly not recommended, part. The money from my Cash ISA that was part of my emergency fund that I invested in the market to see what would happen over time.

So, how is it looking?

Cash Now stands at £5,131.55
S&S ISA IT Now stands at £5,346.64

So far then, the stock is just about keeping its head above the cash side of things (although remember there will be a dealing charge if I need to liquidate which I haven’t really included).

201809cashvsstock

So far the experiment is good – more in the stocks than cash but still a long way from being “comfortable” with the gap as yet.

So far so good…

Conclusion

So the VWRL experiment is still good clocking up units and slowly paying out for beers in the future. The cash vs. CTY is still a little uncomfortable if that was my only cash reserves, but fortunately it isn’t.

Aug ’18 Go T’ Pub ISA Performance

So no surprise – I paid absolutely zero attention to the ISA in August (as he is writing the update in October!) – not even log in to change the numbers to try and squeeze every last penny out – I will eventually get around to doing that… but don’t forget to get to the end of this post for notice of a couple more FI events coming up!

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
  • CTY paid out an additional £56.82 (which will get reinvested) – so again a nice little improvement on the interest in my cash ISA!
  • 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 £23,416.27, with £1,100 in new funds added, and £0 withdrawals, meaning total starting value was £24,516.27. We finished the month on £24,669.21 so the total performance across the whole portfolio was 0.62%.

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…..

VWRL ETF

So the standard units were purchased. I bought a further 16 units at £66.63 per unit, making the average cost per unit of £62.27. The average cost starting to keep ticking up, but I guess I can’t complain as all the other units I already have increase as well!

I really am very very pleased with the way this is going – zero effort and money coming in.

So – how does this now look as the graph data slowly builds up?

201808gtpub

A clear gap staying there between contributions and value – if that doesn’t make you think about getting going investing, I don’t know what will! Ok at some point things will drop, but for now, I will keep happily watching that spread!

Cash vs. Investment Trust

So now for the fun, and highly not recommended, part. The money from my Cash ISA that was part of my emergency fund that I invested in the market to see what would happen over time.

So, how is it looking?

Cash Now stands at £5,131.09
S&S ISA IT Now stands at £5,252.05

So far then, the stock is just about keeping its head above the cash side of things (although remember there will be a dealing charge if I need to liquidate which I haven’t really included).

201808cashvsstock

So the rollercoaster continues, and still above the cash so the fun continues….

Conclusion

I really am rather enjoying this forgetfulness of this ISA – for a stress free life I couldn’t ask for more!

Want more FI?

So this month there are TWO events going on for anyone interested:

October 13th – at The Onslow Arms, West Clandon from 12 noon there is a FI UK group meet up

October 19th – at The Old Bank of England, London from 17:30, there is a FI London group meet up

Jul ’18 Go T’ Pub ISA Performance

So as I desperately try and catch up on publishing my numbers, I realise I ought to be publishing the numbers for August, not July, but never mind, that will come in time!

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.

Once again I have still not got around to looking at changing the provider for this ISA in light of the recent changes to the charging mechanisms for them, however I did look back at my post trying to find the GTP ISA provider, and it was either Selftrade or II. As II are already providing one of my other ISAs it looks like I won’t get around to changing – very bad on my part.

So, what activity did we have this month?

  • New Funds added. As always, the regular contribution of £1,100 has gone in
  • VWRL paid out a dividend again. £107.09. Compared to this time last year when it was only £7 that is a heck of a jump!
  • No withdrawal was made
  • Left over cash from the previous purchases was left in

Overall performance: The starting value was £21,665.77 with £1,100 in new funds added, and £0 withdrawals, meaning total starting value was £22,765.77. We finished the month on £23,416.27 so the total performance across the whole portfolio was 2.86%. Not at all bad!

VWRL ETF

So the standard units were purchased – with the whopping dividend also reinvested (it paid to buy me an additional unit – compounding in action baby!!). I bought a further 19 units at £64.96 per unit, making the average cost per unit of £62.01. So not only a great big dividend this month, but enough to buy another unit – for free!

I really am very very pleased with the way this is going!

So – how does this now look as the graph data slowly builds up?201807gtpub

Look at that gap! That’s what that free VWRL unit did for me 🙂 I know this does sound really quite sad but that is truly a great moment for this ISA. I could have used £35 a MONTH for going to the pub (a bottle of wine, a burger and a few pints or a pint and about 25 packs of pork scratchings – probably a little too many even for me).

There will be a drop at some point I am sure but for now I will just continue to enjoy watching that gap grow!

In terms of dividends to date:

  • 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
  • Jul ’18 – 238 shares @ 45p dividend per share – £107.09

Cash vs. Investment Trust

So now for the fun, and highly not recommended, part. The money from my Cash ISA that was part of my emergency fund that I invested in the market to see what would happen over time.

So, how is it looking?

Cash Now stands at £5,130.67
S&S ISA IT Now stands at £5,395.68*

*Disclaimer – yes this is the same as the previous, I think I typed in the wrong box but in the grand scheme of things, it doesn’t really matter!

So still quite a way ahead for now, not at all bad!

201808cashvsstock

Conclusion

For an easy life, you really can’t go wrong with this approach for automated investing. I don’t need to read any company reports, I don’t need to worry about politics or economic collapse anywhere. Just buy and forget. Bliss!

Jun ’18 Go T’ Pub ISA Performance

So this is not a great sign that it is the middle of August nearly and I am only just writing up June, still at least I shouldn’t be short of posts for the next couple of weeks!

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.

I know they are changing the charging mechanism for Selftrade and I had it in my diary this Monday to look at but time flew by once again and I have done nothing about it. I recall doing  a quick scan and thinking I was too lazy to make it worthwhile to move, but I will need to do proper research on that. Oh well.

So, what activity did we have this month?

  • New Funds added. As always, the regular contribution of £1,100 has gone in
  • No dividends were paid. Maybe I should find some other ETFs to buy that pay out in different months just to give me a little excitement
  • No withdrawal was made
  • Left over cash from the previous purchases was left in

Overall performance: The starting value was £20,634.47 with £1,100 in new funds added, and £0 withdrawals, meaning total starting value was £21,734.47. We finished the month on £21,665.77 so the total performance across the whole portfolio was -0.32%.

Not ideal but the fact that the portfolio isn’t racing up means I can keep buying more units I guess….

So, lets get into the detail…..

VWRL ETF

So the standard units were purchased – however with the high price means I could only afford to buy a further 17 units at £63.62 per unit (a slight dip on the previous month), making the average cost per unit of £61.78. So it just keeps ticking along and increasing the number of units which all helps!

Given how busy June was it means I didn’t look the minute the shares were purchased, and so I just had to look at the end of the month!

So – how does this now look as the graph data slowly builds up?

201806gtpub

The clear air gap continues! At some point I expect there to be a fall, when who knows. The same old automatic, proven, method is ticking along thank you very much!

Cash vs. Investment Trust

So now for the fun, and highly not recommended, part. The money from my Cash ISA that was part of my emergency fund that I invested in the market to see what would happen over time.

So, how is it looking?

Cash Now stands at £5,130.23
S&S ISA IT Now stands at £5,395.68*

*Disclaimer – I may have misrecorded this but have no idea…

So still quite a way ahead, with another 12 shares bought through dividend reinvestment – making 46 extra shares from dividends already – that’s compounding for you!

How does the rollercoaster look now?

201806cashvsstock

So, still looking not at all bad all told. Again this is my emergency fund so I would HAVE to sell if I needed the cash regardless of what the price was – not a situation you want to find yourself in if you can help it!

Conclusion

I continue to shout about how wonderful this fire and forget is. If you don’t have some weird spreadsheet fetish and just want to get on with your life rather than worry about this – crank up the investment to the max and forget about it – bliss!

May ’18 Go T’ Pub ISA Performance

So another month flies past us, warm weather greets us, and the GTP ISA continues to tick along in the background with minimal (apart from needing to research alternative providers – still on my to do list!) effort.

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 CTY IT paid out this month which added £56.28 to the coffers which will get reinvested
  • 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 £18,956.13 with £1,100 in new funds added, and £0 withdrawals, meaning total starting value was £20,056.13. We finished the month on £20,634.47 so the total performance across the whole portfolio was 2.88%.

Not at all bad, although VWRL continues to get more expensive to buy, which is reducing the number I can buy.

So, lets get into the detail…..

VWRL ETF

So the standard units were purchased – however with the rising price means I could only afford to buy a further 17 units at £64.20 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! This is the first month I have not been able to purchase the minimum 18 units which is disappointing, but I guess it is quite expensive right now!

So really absolutely nothing to see here – money goes in, units are bought… I fall asleep lol

So – how does this now look as the graph data slowly builds up?

201805gtpub

So look at that – the first “clear air” between the contributions and stock value – woohoo! But I won’t start singing “I’m in the money” just yet…

So a year on of investments (my first one went in in May 2017) – and its already worth £15,000. At the 4% SWR that is £50 a month already – not at all bad!

Cash vs. Investment Trust

So now for the fun, and highly not recommended, part. The money from my Cash ISA that was part of my emergency fund that I invested in the market to see what would happen over time.

So, how is it looking?

Cash Now stands at £5,129.79
S&S ISA IT Now stands at £5,368.58

So stocks still happily above the cash value, and with a dividend to get reinvested to boot – it is starting to look quite nice. However until I know I can cope with at least a 30% fall (i.e. £1,500) I won’t be too happy however it is above the cash value!

How does the rollercoaster look now? Well, very much like this:

201805cashvsstock

For the first time you can see a slight difference between the Starting Value and the Cash ISA value (there is a part of me now that thinks I should have added in what the Cash value would be if it had grown at inflation, but to be honest, I can’t be bothered!).

From a mental point of view it’s great to see the stock value still above the cash.

Conclusion

So the fire and forget is still proving to be a wonderful approach – I really don’t need to do much.

I still need to follow up and finish the post on my investigations for an alternative provider after Selftrade announced the change to their charging structure.

I really am rather enjoying this stress free approach – it doesn’t give the same returns I experienced with my self select but it is SO much less hassle!

Another broker changes their fees….

So I fear that this post is going to end up in more of a rant than anything that may possibly make sense, so please do indulge me and put up with it 🙂

It’s just over a year now since I opened the Go T’ Pub ISA with Selftrade. Whilst their website is a little on the basic side, it worked very well for me. I paid a £1.50 per trade for my regular order and for any dividend reinvestments, and that was it. No other fees – a truly cheap price for using their service.

The perfect fire and forget strategy… or so I thought.

Out of the blue yesterday evening I get an email via their secure inbox to me. Note: not to my registered email address, but to my selftrade account. This means to read it I have to log in, look out for the tiny mail icon just above my account logo and click on there to read it. Nothing else to tell me I have a message. At least with premium bonds they email me to tell me I have a message.

Out of the blue they are announcing a new pricing tariff – effective from the 1st July 2018. I can’t believe they didn’t know about this plan before the new tax year so I can only assume they have deliberately waited until now to notify people.

This really annoys me as I have now made an ISA contribution to them, and so I need to research if I am able to move my ISA without any consequences (I have enough trouble as it is with HMRC not getting my tax code right!). I’ve made one payment to them. For this I feel that they have me over a barrel.

So, what is this new tariff I (don’t!) hear you cry? They are introducing a new “custody fee”. And yes, you guessed it, it applies quarterly. They are reducing the cost of trading (if you don’t buy on regular direct debit) – which I never use. To make matters even worse, ETF trades will not change (my main purchase)

The new cost is “Up to”£17.49 per quarter. Needless to say this is fees you have to pay inside the ISA wrapper (unlike my IFA who’s fees I can pay before it goes into the wrapper).

The whole reason I chose Selftrade was their low fees, however it seems that they are now going the way of iii who took over TD Direct, and others who are charging a quarterly charge regardless.

Am I going to take action? Yes. Unlike when iii introduced their fees, I took the view that I was happy to pay them (as it offset my trading costs, and I really do like their platform so happy to pay a slight premium for it, it leaves others in the dust). For Selftrade, I am not happy to pay the fee.

Unfortunately for me, the Selftrade helpdesk isn’t open at 6am on a Saturday morning (why on earth not?! :)) so I won’t be able to do anything yet, but my clear actions are:

  1. Call Selftrade. Find out about the cost of transferring the ISA out from them to another provider
  2. Find out if, now I have started this ISA year, if I can actually move to another ISA provider (or do you, dear reader, know if I can?)
  3. Review the broker table on Monivator to find out which broker I will be moving to

My biggest fear is that in a relatively short space of time another broker is moving to a quarterly fee and that this will become the norm.

I think I need another coffee….