The year is running through fast – I can’t believe we are already at the end of July 2019. How time flys as you get older and older. Not to mention, how my memory fades. I’m loving having these written updates to document and review my progress.
How was July 2019?
- I am loving all this free time to things as I want. It is a-maz-ing. I still don’t miss working at all.
- Yet I’ve ended up having a few interviews and turned one contract down – as well as not great money, they claimed to be flexible yet I’d describe them as fans of presenteeism.
- As for longer-term, I’m leaning towards kicking the can down the road and making a decision in January.
- Lack of routine and structure really works for me. I thrive on having lots to do and picking one thing that suits my current mood.
- My house is now far too clean – I could even invite my mother without having to clean in advance!
- Running is going well. I am taking it easy and enjoying training – which altogether makes it more fun. Not to mention my schedule freedom which means I can avoid the worst of the weather.
- My Chinese is coming along well with free time to study – although I have been taking it easy and not pushing myself.
- I’ve been catching up on my reading goals for the year – I’m at 19 books for the year and feel I’ll be able to make my 52 book goal by year-end.
It’s been another month of no foreign travel, but at the end of the month, I have sneaked in a visit to Scotland. And despite it being the summer months, the weather did it’s usual. It was, what we would call, rather on the wet side. It rained every single day. At least I had packed my waterproof jacket.
Nonetheless, we had a packed agenda with lots of boats and castles. And I got to indulge my twitcher tendencies by going to the Isle of May to see the puffins. I adore puffins. How could you not?
And it’s been Ibsen yet again that has been my best theatre of the month. For July it was a version of Ibsen’s Peer Gynt with the National Theatre’s Peter Gynt.
It’s not an easy play, but this version worked really well for me. Others did disagree and I would admit it could be a bit of a marmite play. The strong Scottish accents probably didn’t help those not used to the Celtic twang.
Nevertheless, I was very into the play and enjoyed every minute. There were many strands and themes intermingled, but overarchingly it was all about life and definitions of success in life. Which I don’t know about you, but I find fascinating as I’m getting older and older. Do you want to be remembered? If so, what for? Truth be told, I think I’ll be happy to fade into obscurity.
Looking at cash now, my rolling 12 months spending is at £22.4k, eek. It’s creeping up despite a frugal June and July. Which is not ideal, give the income situation and the big trip coming up in August / September. So I have spent a bit of time having a look at why this is.
Basically, last year June and July were mega frugal. And this year, as well as bills creeping up a bit, I’ve been getting a bit spendy on food and drinks. Realistically, this number is not going to go down until October, but I’m OK with that. I’m going to make a bit of an effort to keep things under control, but not panic or worry about it yet.
Show me the numbers
And now straight into the numbers: my figures for July 2019 (vs June) are:
- Net Worth at £874k (+£32k)
- FIRE fund at £611k (+£23k)
- Which is 81% to the £750k target
- 27.8 x current annual expenses
July 2019 Numbers Deep Dive
So it’s been another roller-coaster month for those who use the pound sterling – most of these gains this month are simply due to the pound falling due to the new prime minister and Brexit. It feels like the following months are also going to be equally turbulent until something is sorted. If I convert the numbers into dollars, my net worth went down in July – yet it did increase in euros.
And so we have the details and the usual graphics shamelessly stolen from my broker reports.
And the overall distribution between large and small, value and growth can be seen again on the right. I like to have some small companies as well as the giant and now have 9% of smaller companies which feels good.
I always like to check my top 10 underlying holdings for any movement.
- 1.59% Microsoft
- 1.35% Apple
- 1.16% Amazon
- 0.97% HSBC
- 0.95% Tencent
- 0.86% Alibaba
- 0.82% Shell Class A
- 0.78% BP
- 0.71% Taiwan Semi
- 0.70% Shell Class B
And the trailing returns
- 3 Months 6.91%
- 6 Months 14.57%
- 1 Year 8.92%
- 3 Years Annualised 12.79%
- 5 Years Annualised 13.04%
Next, on the fund charges, the weighted aggregate charge of all my holdings is steady at:
Over to you
- How about you?
- How has July 2019 been for you personally?
- And numbers-wise?