As the weather turns more autumnal in London, it is a clear sign September has arrived. Which means it’s time to review August and get that spreadsheet updated. So how did the month stack up? Another solid performance numbers wise and a fun month.
How was August?
- As I get older time seems to pass quicker – August has flown by. Perhaps that is because I have been away for a week?
- I’ve been working at home a lot recently and what can I say? I love working from home – I am so productive and save a lot of commuting time. Hence I end up scheduling my social life on in the office days. And running a lot on work from home days.
- I was lucky enough to be interviewed on the Countdown to FI podcast – you can hear us debate the patriarchy and the beauty tax and discuss my love of travel.
- And UK FI POD is coming along nicely – I’ve four interviews recorded and more scheduled. It is so much fun talking to people about their FI plans – I’m humbled by the variety and ingenuity of their approaches – we all have a common goal but radically different ways of getting there. The trailer is out on most podcast players, I’m just waiting to get approved on itunes before formally announcing the launch.
And this month had a theatre extravaganza – the Edinburgh Fringe. I saw so many shows, and it was really hard to choose a favourite. They were all great in many different ways.
Some were moving, some were funny. Some were well done and extravagant and others budget productions where you needed to bring your imagination. There really is something for everyone, no matter how obscure your taste.
Here are three of the shows I really liked (and their badges):
- Linda – an epic one women show which showcased amazing comedy acting and had a heartwarming message at the end
- A Self Help guide to being in love with Jeremy Corbyn – as someone who is definitely not in love with Corbyn this was a wildcard pick. But well worth it – who knew political poetry could be fun?
- Hamilton (Lewis) – a mix between Hamilton the musical and a Lewis Hamilton satire – this low budget musical works really well and is absolutely hilarious.
So as I mention quite often – I always look at my spending on a rolling 12-month basis – it’s meaningless on a monthly basis alone. Now for August, there was a reasonably spendy trip up to Edinburgh. Nonetheless, my annual spending remained the same and is showing as an 80.5% savings rate for the 12 month period – I’m more than happy with that.
Show me the numbers
Straight into the numbers: my figures for August (vs July) are:
- Net Worth at £779k (+£6k)
- FIRE fund at £520k (+£5k)
- Which is 69% to the £750k target
- 23.7 x current annual expenses
That powerful combination of income and market gains pushes my portfolio up again another month. A hefty income and a substantial portfolio work well together. As I detailed in my post earlier today – I am so grateful for now being rich and wealthy. It has taken me a long time to get here, and I fully intend to bring others up alongside me and show how I achieved this.
My early retirement dream of retiring before my 40th birthday is looking more and more like a reality than a dream. And this is so uplifting and encouraging to me, as I am finally seeing all that hard work and difficult choices pay off.
Now I am getting near the place where I have enough in my pension and need to divert more money to non-pension accounts. I will have 18 years – age 40 to age 58 – I need to fund from my non-pension accounts before my pension will be available to me. So my focus will change to making sure I have enough in my ISA and taxable account to make early retirement happen.
Every month I like to check my country allocations – and this month I see nothing untoward, all looking as expected here.
And the movement I’ve desired has happened in my top 10 underlying holdings – UK stocks are decreasing down the list – hopefully the sin stock British American Tobacco will leave soon.
- 1.73% Apple
- 1.36% Microsoft
- 1.27% Amazon.com
- 1.09% HSBC
- 0.93% Royal Dutch Shell PLC Class A
- 0.86% BP
- 0.83% Tencent Holdings Ltd
- 0.77% Royal Dutch Shell PLC B
- 0.70% British American Tobacco PLC
- 0.67% Taiwan Semiconductor
Looking at the performance of my portfolio – remember this is a global passive portfolio – a bull market still clearly evident.
- 3 Months 5.69%
- 6 Months 4.24%
- 1 Year 10.97%
- 3 Years Annualised 15.14%
- 5 Years Annualised 11.93%
And on the charges, the weighted aggregate charge of all my holdings is now down to
Over to you
- How about you?
- How has August been for you personally?
- And numbers wise?