Oct ’18 Performance

So October came and went – but did the portfolio? I have to admit I did check it a few times with all the moving around that was going on – but I had to laugh at all the hype in the press about the “crash” and “billions wiped off” etc. etc.

Seriously? It’s only wiped off if you have to sell – and what about the profits people made before this? Anyway…

As I covered in my “How I measure performance” – basically I take the value of the portfolio at the end of last month, add on any contributions for the month, and that was my starting value. End value is the value at the end of the reporting period. Simples 🙂

Perf. Notes
Company Pension -5.10% No income generated as all funds are in growth or reinvested
Personal Pension -5.97% No income generated as all funds are in growth or reinvested
ISA 1 -4.03% No income generated as all funds are in growth or reinvested
ISA 2 -5.13% The performance does not include the income that was paid out into my account
ISA 3 -5.60% Although dividends are paid out, they remain in the ISA wrapper, and will get reinvested for growth. The performance figure includes both the Capital growth, and also income received which will get reinvested.
ISA 4 -4.99% Go T’ Pub ISA
FTSE-100 -5.09% This excludes any dividends
FTSE-250 -6.84% This excludes any dividends
FTSE-All -5.42% This excludes any dividends
S&P500 -6.23% This excludes any dividends
Dow Jones -4.44% This excludes any dividends
VWRL -5.54%
VHYL -3.86%
GBP/USD -1.96% This was taken on the spot rate on the close of the last day of the month. Going forwards I will pick up the exchange rate from www.xe.com for consistency and real life 🙂

So what to make of it all? Surprisingly everything came down pretty evenly – the surprise being the VHYL didn’t drop as much as others.

Am I worried? Nope – the dividends still paid out, I still bought more units and I still think markets are high. Am I going to change anything? Nope.

Did it hurt to see the amount of actual £’s disappear off my networth? Yes… but again it simply means that anything I do buy I buy more of so as I am still growing my networth, now is not the time to worry.

Onwards and upwards – or in this case at least, onwards!

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Sep ’18 Performance

So September flew by with a holiday meaning I hardly checked my portfolio all month and, you may not believe this, but it made absolutely no difference!

As I covered in my “How I measure performance” – basically I take the value of the portfolio at the end of last month, add on any contributions for the month, and that was my starting value. End value is the value at the end of the reporting period. Simples 🙂

Perf. Notes
Company Pension -0.86% No income generated as all funds are in growth or reinvested
Personal Pension -2.12% No income generated as all funds are in growth or reinvested
ISA 1 -0.38% No income generated as all funds are in growth or reinvested
ISA 2 -1.00% The performance does not include the income that was paid out into my account
ISA 3 1.69% Although dividends are paid out, they remain in the ISA wrapper, and will get reinvested for growth. The performance figure includes both the Capital growth, and also income received which will get reinvested.
ISA 4 0.02% Go T’ Pub ISA
FTSE-100 1.05% This excludes any dividends
FTSE-250 -1.85% This excludes any dividends
FTSE-All 0.53% This excludes any dividends
S&P500 0.41% This excludes any dividends
Dow Jones 1.90% This excludes any dividends
VWRL -0.17%
VHYL -0.06%
GBP/USD 0.58% This was taken on the spot rate on the close of the last day of the month. Going forwards I will pick up the exchange rate from www.xe.com for consistency and real life 🙂

So what to make of it all? Pretty much nothing to see as things just plod along apart from my IFA managed pension, which plummeted (not a surprise given the markets and where this is invested), and my ISA seems to do ok.

Things just tick along, money goes in, dividends pay out, and the slow progress just keeps going on. I still have a long way to go to make the FI point, but it keeps going.

How was your September?

Aug ’18 Performance

So I am still playing catch up and giving August’s performance when I should be giving September but please do forgive me..I need to hurry things along!

As I covered in my “How I measure performance” – basically I take the value of the portfolio at the end of last month, add on any contributions for the month, and that was my starting value. End value is the value at the end of the reporting period. Simples 🙂

‘folio Perf. Notes
Company Pension 0.97% No income generated as all funds are in growth or reinvested
Personal Pension -0.09% No income generated as all funds are in growth or reinvested
ISA 1 -0.57% No income generated as all funds are in growth or reinvested
ISA 2 -0.32% The performance does not include the income that was paid out into my account
ISA 3 -0.72% Although dividends are paid out, they remain in the ISA wrapper, and will get reinvested for growth. The performance figure includes both the Capital growth, and also income received which will get reinvested.
ISA 4 0.62% Go T’ Pub ISA
FTSE-100 -4.08% This excludes any dividends
FTSE-250 -0.90% This excludes any dividends
FTSE-All -3.46% This excludes any dividends
S&P500 2.98% This excludes any dividends
Dow Jones 2.12% This excludes any dividends
VWRL 1.35%
VHYL 6.08%
GBP/USD -1.29% This was taken on the spot rate on the close of the last day of the month. Going forwards I will pick up the exchange rate from www.xe.com for consistency and real life 🙂

So what to make of it all? Drops across the board outside of the US. Not great, but means I get to buy a little more for all my direct debits (in theory!).

Whilst I never like to see my investments not performing, I really am not worried at present, the more and more I can buy the better.

To be honest, not a lot to see – keep throwing money in, and wait for time to do its magic!

 

Jul ’18 Performance

I can’t believe I am almost at the end of August and I have only now got around to getting this posted – I must do better! On the flip side of all of that, I really didn’t keep much attention to what was going on once again. Everything is on autopilot – my actively managed ISA is just building up cash so really there isn’t much to do. Life can be good!

As I covered in my “How I measure performance” – basically I take the value of the portfolio at the end of last month, add on any contributions for the month, and that was my starting value. End value is the value at the end of the reporting period. Simples 🙂

‘folio Perf. Notes
Company Pension 2.64% No income generated as all funds are in growth or reinvested
Personal Pension 2.60% No income generated as all funds are in growth or reinvested
ISA 1 1.30% No income generated as all funds are in growth or reinvested
ISA 2 0.80% The performance does not include the income that was paid out into my account
ISA 3 1.39% Although dividends are paid out, they remain in the ISA wrapper, and will get reinvested for growth. The performance figure includes both the Capital growth, and also income received which will get reinvested.
ISA 4 2.86% Go T’ Pub ISA
FTSE-100 1.46% This excludes any dividends
FTSE-250 0.23% This excludes any dividends
FTSE-All 1.22% This excludes any dividends
S&P500 3.65% This excludes any dividends
Dow Jones 4.75% This excludes any dividends
VWRL 3.28%
VHYL -2.73%
GBP/USD -0.63% This was taken on the spot rate on the close of the last day of the month. Going forwards I will pick up the exchange rate from www.xe.comfor consistency and real life 🙂

So, the US continues its upwards path, the pound slipped a little, and all my various portfolios went up a bit in value. Nice.

So my IFA beat me this month, but then he is more heavily US based (with the exception of GTP).

Really a very boring month. Money goes in. Money buys stuff. Money produces more money. Pot goes up. No magic (sadly), no 100 baggers making me an overnight millionaire (sadly, again), but the slow and steady inevitable climb towards retirement continues. Bring it on!

Cheers

Note: For those of you in either the FI London or FI UK Facebook groups, and for those note, there is another FI Meet up planned on the 19th October in central London. Estimates at the last meet up was that around 100 people turned up (of which I only got to chat to a very small fraction) – please do come along, bring a friend as well if you so want!

Jun ’18 Performance

So a chance to take a look back at the performance across the board for June.

As I covered in my “How I measure performance” – basically I take the value of the portfolio at the end of last month, add on any contributions for the month, and that was my starting value. End value is the value at the end of the reporting period. Simples 🙂

‘folio Perf. Notes
Company Pension 0.38% No income generated as all funds are in growth or reinvested
Personal Pension -0.31% No income generated as all funds are in growth or reinvested
ISA 1 0.07% No income generated as all funds are in growth or reinvested
ISA 2 -0.41% The performance does not include the income that was paid out into my account
ISA 3 0.16% Although dividends are paid out, they remain in the ISA wrapper, and will get reinvested for growth. The performance figure includes both the Capital growth, and also income received which will get reinvested.
ISA 4 -0.32% Go T’ Pub ISA
FTSE-100 -0.54% This excludes any dividends
FTSE-250 -0.07% This excludes any dividends
FTSE-All -0.47% This excludes any dividends
S&P500 0.09% This excludes any dividends
Dow Jones -0.86% This excludes any dividends
VWRL -0.26%
VHYL -1.02%
GBP/USD -0.63% This was taken on the spot rate on the close of the last day of the month. Going forwards I will pick up the exchange rate from www.xe.comfor consistency and real life 🙂

So, really a completely uneventful month. There really isn’t much to say other than continuing to tick along, with money dropping in to the investments, and off we go!

Really a very boring month!

Note: If you are in London this week there is another FI Meetup on Thursday evening, if you are interested, head over to the FB site and find us!

May ’18 Performance

So a chance to take a look back at the performance across the board for May. With work being so busy, all I managed to do was the usual morning daily check on my valuation (I can’t resist!) and the weekend check, but not actually notice what the wider market was doing.

As I covered in my “How I measure performance” – basically I take the value of the portfolio at the end of last month, add on any contributions for the month, and that was my starting value. End value is the value at the end of the reporting period. Simples 🙂

‘folio Perf. Notes
Company Pension 2.54% No income generated as all funds are in growth or reinvested
Personal Pension 2.53% No income generated as all funds are in growth or reinvested
ISA 1 1.13% No income generated as all funds are in growth or reinvested
ISA 2 1.21% The performance does not include the income that was paid out into my account
ISA 3 3.68% Although dividends are paid out, they remain in the ISA wrapper, and will get reinvested for growth. The performance figure includes both the Capital growth, and also income received which will get reinvested.
ISA 4 2.88% Go T’ Pub ISA
FTSE-100 2.25% This excludes any dividends
FTSE-250 2.77% This excludes any dividends
FTSE-All 2.29% This excludes any dividends
S&P500 2.26% This excludes any dividends
Dow Jones 1.02% This excludes any dividends
VWRL 3.07%
VHYL 0.78%
GBP/USD -3.35% This was taken on the spot rate on the close of the last day of the month. Going forwards I will pick up the exchange rate from www.xe.com for consistency and real life 🙂

So apart from the drop in the GBP/USD (which may account for the performance of VWRL) another month of positive numbers.

Other than the relentless march upwards (at some point it will crash… won’t it?!) there are only two really notable things in this lot for me.

Firstly, my IFA seems to do a lot better with a larger pot (my pension with him is much bigger than my ISA). I am not about to throw more money at him for the ISA, but it does at last seem to be heading steadily in the right direction.

Secondly, my actively managed ISA. Once again this seems to be heading up faster than I thought possible. If it doesn’t go up again for the next four years it will still be at the same place I expected it to get to in 4 years! It’s times like this I wonder if I am being too pessimistic on my growth rates, but then I also think we have been in a long bull market, one quick crash and it will go.

In another couple of months the effects of my rebalancing the portfolio last summer will have finished going through the wash and I will get to see what this has done to my income and performance over the years. So far it isn’t looking pretty – my income doesn’t seem to really be growing given previous years increases rather disappointing.

I guess that is the cost of lowering overall risk and volatility by going with some trackers. And yes, before you ask, I have looked back at how some of my other stocks that were sold have done. Some up, some down so no huge difference!

As I was pulling together the review and performance for this month, I realised that I may have made a bit of an error on my rebalancing which I thought to share.

I rebalanced when the GTP ISA was in its infancy (i.e. worth about the same as an empty coffee mug). I aimed to balance my personal ISA across ETFs, Investment Trusts, “my chosen shares” and “High Risk”. I am almost now rebalanced (I need to buy some US ETFs) so I was starting to think things were good.

Then it struck me – I was looking ONLY at that ISA, and not across all my investments (excluding company pension and IFA managed stuff). Was this really sensible? Should I include the GTP ISA across my portfolio and include that as well?

After a short but frantic excel “hackathon” I rejigged my spreadsheet to show both across just my managed ISA and also the GTP and my managed ISAs.

The results? Within a few percent either way across investments I am pretty much on the spot for my balance if I include the GTP ISA.

So, on its own, I need to buy more ETFs. Combining the GTP ISA, I can pretty much buy what I want. A part of me thinks that this is just me tinkering to let me “play the stock market” which I know I am prone to do. I think I will try and resist and let it stay as just the actively managed setup.

What do you think? Should I stick with the allocation just in my actively managed ISA, or also include the GTP ISA?

 

A quick note: For those of you who are already aware of the FI London group but didn’t want to join as not living in London, there is now a wider FI UK group that has been setup.

There is also a meetup on the 15th June at the Rose and Crown – 47, Colombo Street, SE1 8DP London for anyone interested!

April ’18 Performance

So a bit later than normal(to put it mildly, I do apologise!), a chance to look back at the performance and see how things went in April. I actually couldn’t tell you what I thought the markets did over the month as it flew by, although that could potentially be a good thing! As I covered in my “How I measure performance” – basically I take the value of the portfolio at the end of last month, add on any contributions for the month, and that was my starting value. End value is the value at the end of the reporting period. Simples 🙂

‘folio Perf. Notes
Company Pension 1.25% No income generated as all funds are in growth or reinvested
Personal Pension 3.11% No income generated as all funds are in growth or reinvested
ISA 1 4.33% No income generated as all funds are in growth or reinvested
ISA 2 2.70% The performance does not include the income that was paid out into my account
ISA 3 4.80% Although dividends are paid out, they remain in the ISA wrapper, and will get reinvested for growth. The performance figure includes both the Capital growth, and also income received which will get reinvested.
ISA 4 3.55% Go T’ Pub ISA
FTSE-100 6.42% This excludes any dividends
FTSE-250 4.24% This excludes any dividends
FTSE-All 6.00% This excludes any dividends
S&P500 0.57% This excludes any dividends
Dow Jones 0.55% This excludes any dividends
VWRL 3.61%
VHYL 3.58%
GBP/USD -2.13% This was taken on the spot rate on the close of the last day of the month. Going forwards I will pick up the exchange rate from www.xe.com for consistency and real life 🙂

So apart from the drop in the GBP/USD (which may account for some of the VWRL/VHYL going up) a lot of reasonably positive numbers.

A very good month for the FTSE-100 and All Share, top of the performance on my side, once again, was my actively managed ISA. I am not quite sure how given that I have been moving this into more trackers and Investment Trusts, but there you go. I will definitely not complain!

My IFA doesn’t seem to be fairing too badly – last month he didn’t lose as much as the markets, this month he didn’t generate as good a return as the FTSE 100 or All, but still beat most of the rest. I guess capital preservation and some growth is working well here. That said the IFA Pension is slightly skewed by my bonus (plus tax relief) going in mid April which in theory would account for some of the delayed performance. Had I not added this then maybe he would have had a more favourable performance, but it is what it is.

Overall, not a bad month – the total value of the portfolios (and so NetWorth) continue their rise, and looking back on this number compared to 12 months ago (a great advantage of monthly tracking) I really can’t believe what a good position I am in right now – the joy of steady but constant savings over the years.

How was your April performance?