Sunday, 30 July 2017

July 2017 Review

July saw my net worth increase by 1.2% driven by high income, lower expenses and investment gains.

The value of my investment portfolio increased by over 2% as equities markets performed well and a few large dividends were received.

Pension unit prices were also up over 2% driven by equities market increases. Every month so far this year has seen an increase, i'm finding it hard to see how much longer this can go on!

Property income was lower than expected.  Two tenants paid on time and i'm hoping to evict a problem tenant as soon as possible.

Cash balances were higher on strong income and relatively lower expenses.


Year to date net worth growth: 16.2%
Year to date savings rate: 74%

Thursday, 29 June 2017

June 2017 Review

June saw my net worth increase by 0.9% driven by high income, investment and pension gains.

The value of my investment portfolio increased by around 2% as equities markets performed well. Despite materially downsizing the portfolio, given continued strength in the markets it is continuing to have a positive impact on net worth

Pension unit prices were also up just under 2% driven by equities market increases.

Property income was lower than expected.  Two tenants paid on time, although a lot of the rent was wiped out by some unexpected maintenance costs.  One tenant continued to miss payments and we're working on an exit plan.

Cash balances were higher on strong income partly offset by higher than average expenses. This included some travel costs.


Year to date net worth growth: 14.8%
Year to date savings rate: 75%

Tuesday, 30 May 2017

May 2017 Review

May saw my net worth increase by 1.2% driven by high income and pension gains.

The value of my investment portfolio increased by around 2% as equities markets performed well.

Pension unit prices were also up around 2% driven by equities market increases.

Property income was very high.  One property paid on time, one became occupied and paid the full contractual rent in advance. One continued to miss rental payments but the tenant should be leaving soon and i expect to recover some if not all of the missed rent.  A tenant was also found for the recently completed property purchase which should be occupied very soon.

Cash balances were a lot higher on strong income and property income in particular, offset by moderate expenses.


Year to date net worth growth: 13.7%
Year to date savings rate: 78%

Sunday, 30 April 2017

April 2017 Review

April saw my net worth increase by 0.7% with a good savings rate and pension gains more than offsetting property costs.

The value of my investment portfolio was fairly flat and is now having minimal impact on net worth following a number of disposals. I need to give some thought to investment strategy going forward as i am likely to have some residual cash spare to invest again following a property purchase.

Pension unit prices were up around 1.5% driven by equities market increases.

Property income was lower than plan.  One property paid on time, one continued to miss rent as they serve notice (i have a claim on an insurance policy to cover the missed rent) and one remained vacant. Another property investment was completed and should be on the rental market shortly. There were a number of one off costs associated with the investment.

Cash balances were significantly lower following the property purchase and is now broadly in line with my longer term target.


Year to date net worth growth: 12%
Year to date savings rate: 80%

Sunday, 2 April 2017

March 2017 Review

March saw my net worth increase by 7.4% with very high income along with pension gains.

The value of my investment portfolio was fairly flat and is now having minimal impact on net worth following a number of disposals. I need to give some thought to investment strategy going forward as i am likely to have some residual cash spare to invest again following a planned property purchase.

Pension unit prices were up around 2% driven by equities market increases.

Property income was lower than plan.  One property paid on time, one missed their rent payment (i now expect them to leave soon) and one remained vacant. A tenant for the vacant property had been found but appears to have pulled out, so it will go back on the market.  A fourth property investment is planned to complete in the next month or so.

Cash balances were significantly higher following a lump sum of income. Whilst this will come down with a planned property purchase it is still likely to remain on the high side for now.


Year to date net worth growth: 12%
Year to date savings rate: 82%