Money

Net Worth and other updates – September 2018 (+£4k)

As another month draws to a close, it’s time to evaluate September. How did I do this month? Did I have fun? And am I leading the life I want to?

Moreover, was it a good month financially? How are the markets reacting to all this Brexit uncertainty? I can’t believe we leave the EU in less than 6 months and absolutely nothing has been agreed yet <sigh>.

How was September?

  • September seems to have flown past – I’ve not been away but have had a few weekend long days out which have been awesome. Always good to get out of the London echo chamber for some perspective.
  • Furthermore, I’ve been finding lately my focus is moving away from the day job, which just pays the bills, to more enriching volunteer work. And it’s been a fabulous month for getting involved in things that really make a difference.
  • On the less good side, I’ve been slacking on my running lately which is not great. I need to get back on track and start getting my workout in regularly no matter what. The marathon is not going to run itself.
  • And the His and Her FI Podcast interviewed me – covering my favourite money and feminism topics. I absolutely love to speak to people about these topics – it’s such great fun and Bethany and Charles are awesome hosts. And they have some cool guests on there too.
  • Furthermore, I’ve been featured in Andy Hill’s Marriage Kids and Money Young Millionaires series, where I get asked a lot more money questions than usual. I share what has helped me become a (dollar) millionaire in my 30’s.
  • UK FI POD – my UK financial independence podcast has launched – and people are actually listening! I have three episodes out there in the ether waiting for you to listen right now on any podcast player of your choice. And much more to come – if you are interested in being interviewed please reach out.

#theatreofthemonth

The best theatre to enjoy with your fellow STEM theatre geek friends? Let me recommend Copenhagen, a fascinating play combining politics and physics. It tells us the stories of German physicist Werner Heisenberg and his Danish colleague Niels Bohr.

They find themselves on opposite sides of the war and the frankly scary race to make atomic bombs a reality. Perhaps a dry subject, but a fascinating play nonetheless. Highly recommended (if you like physics talk).

Spending

Moving on to look at my expenses, September was a little spendier than normal. This was due to my car needing some work. Also, I booked another trip away. I’m taking my mum to Budapest for her birthday. It will certainly be awesome to see the city again – nearly 20 years after I originally visited. Nonetheless, my annual spending is holding around £20.8k which I feel is still respectable.

Show me the numbers

Straight into the numbers: my figures for September (vs August) are:

  • Net Worth at £783k (+£4k)
  • FIRE fund at £523k  (+£3k)
    • Which is 70% to the £750k target
    • 23.8 x current annual expenses

Yet again the numbers increase, both from income and market gains. I would say that nowadays market swings can be big – and I’m feeling how the markets end the month does not tell the full story.

As my portfolio has increased and Brexit causes turmoil I can swing +/- £7k in a day either way. Which is a massive number and something I’m working on getting comfortable with.

Allocation

Every month I like to check my country allocations – and again this month I see nothing untoward, all looking as expected here – UK slowly decreasing and US / China increasing.

Ms ZiYou allocation

And the movement I’ve desired has happened in my top 10 underlying holdings – the sin stock British American Tobacco is banished, at least temporarily. And has been replaced with the more palatable Samsung. Welcome, Samsung.

  • 1.63% Apple
  • 1.38% Microsoft
  • 1.30% Amazon.com
  • 1.09% HSBC
  • 0.96% Royal Dutch Shell PLC Class A
  • 0.92% BP
  • 0.80% Royal Dutch Shell PLC B
  • 0.78% Tencent Holdings Ltd
  • 0.71% Taiwan Semiconductor
  • 0.67% Samsung

And now looking at the performance of my portfolio. There have been a few tweaks, but still a global passive portfolio.  The recent drop in performance is interesting but mainly currency related.

  • 3 Months 3.31%
  • 6 Months 6.07%
  • 1 Year 8.89%
  • 3 Years Annualised 17.66%
  • 5 Years Annualised 13.11%

Next, on the charges, the weighted aggregate charge of all my holdings is back up to

  • 0.15%

Related Posts

Over to you

  • How about you?
  • How has September been for you personally?
  • And numbers wise?

Thank you for reading – please leave a comment below and join in the conversation. You can also connect on Twitter or contact me privately.

 

16 comments on “Net Worth and other updates – September 2018 (+£4k)

  1. You beat me by a few hours!
    It is funny that with markets moving around as much as they do that you’ve registered a £4k gain (similar to me) and a week ago it might have been a £10k drop!
    Still – the trend is your friend and your numbers are looking positive.

    1. Hi GFF – that was exactly my thoughts- that it’s been such a lucky month end more than anything.

      Who knows, maybe the pound will stabilise soon – but I do need to get more used to see big changes as my portfolio grows.

  2. Marching on to meet your FIRE targets Ms ZiYou! Nice… Btw what do you use to track your allocations? Is it all manual? I’m tempted to continue free-trialing Morningstar X-ray but I don’t want to pay the high annual fees.

    Enjoy the Goulash soups in Budapest. I visited 2 years ago and I loved it!

    1. Thanks Michael – being veggie I’ve very sceptical of goulash but I’m sure there are more options nowadays!

      And my broker provides the X-ray allocations – I’m lazy and don’t go to any extra effort.

      1. I’m sure you’ll be able to find some veggie variation of goulash! We’re also veggie Mon-Fri trying to be healthier and reduce our environmental impact on the planet.

        Regarding investments, it’s hard to manually x-ray if you have more than 1 brokers. Takes up some of my valuable free time and I’m lazy too!

  3. Interesting interview on Andy Hill’s blog but I’m afraid to admit that I’ve still not gotten round to checking out your UK FI Pods yet – gotta find the time so I can listen to them properly!

    Interesting that you consider BAT a sin stock but not the big oil companies? Not that I’m pointing the finger, I’m ok investing in tobacco, oil and mining but have seen that those are usually lumped together as ‘unethical’.

    Some great increases as ever in your portfolio. Agree that the timing of when you log your numbers makes a big difference, ie beginning or end of the month etc.

    1. Hi Weenie – I’m still holding out that you’ll come on UK FI Pod. Once you listen to us amateurs having fun hopefully we can convince you!

      I don’t love the oil companies, but I happily use petrol and gas so feel it would be a bit hypocritical to called them really sinful. Not to mention that they are now very invested in renewable, and I could see them pivoting to become energy companies rather than oil companies. I consider them quasi – sin stocks.

      BATS on the other hand flogs tobacco and nowt else I believe. It causes cancer and has no redeeming qualities and no social need – we need petrol and gas, but we don’t really need tobacco.

      1. Still thinking about the UK FI pod….

        “It causes cancer and has no redeeming qualities and no social need ” That argument could also be used for alcohol?

        BATS (plus all the other big tobacco companies) have invested heavily into alternatives, such as e-cigs and vaping – arguably still not healthy but marginally healthier than inhaling smoke into your lungs. Only time will tell if these alternatives are cancer causing. The good thing I guess is that I know of several people who were smokers, who moved onto vaping and who have now given up smoking/vaping completely.

        1. It’s a good question – but I think there are redeeming qualities in alcohol, and on;y misuse results in physical harm – much like chocolate or crisps in my mind.

          1. I think any amount of alcohol is harmful due to the increased risk of cancer, hence why the idea that wine is good for the heart has gone to the wayside. Tobacco companies are environmentally green, people living a long time is not good for the environment.

          2. Erm – I think it’s a bit of a stretch saying killing people is good for the environment – if that’s the case arms manufacturers and gun companies would be good.

            But given your name, I’m assuming you are playing devil’s advocate.

  4. My September was not good on the expenses side, one of those month! I received my first legal bill for my severance negotiations: $2,700!!! and still not finalized:( And with back to school, had a few extra expenses.
    Your numbers look great. And so nice of you to go to Budapest with your mom, sounds like a lot of fun:)
    Can’t wait to read about it.
    cheers

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