Howdy folks!

Quite a short post this as work has me drowning at the moment. We got back to the office last week and it’s been pretty full on since.

June 2020 – Investment

The stock market still seems to be yoyo’ing at the moment with various bouts of 2nd wave COVID-19 infections scaring investors away. As with everything that has been happening globally, I’ve just been doing what I’ve been doing for the last year and a half! – That is, keeping calm and carrying on. 

I don’t have the time unfortunately to ‘time the market’, or the ‘skills’ or even an ounce of knowledge how to do it. Most of my time is taken up with the business and keeping that ticking over nicely. How have those numbers been?

Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19
£17,919 £24,666 £29,873 £37,687 £41,400 £48,743
Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19
£58,104 £60,882 £68,509 £73,577 £79,553 £88,075
Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20
£88,597 £92,293 £85,130 £92,659 £105,310 £113,405

Nice! A steady increase of around £8,000 compared to the month of May.

Total Income: £8070.44
Total Saved (?): £5000.00
Total Expenses: £3,070.44

Savings (%): 61.95%

My expenses were slightly higher this month due to various garden / housey bits and bobs. Have had to buy some one coat matte paint for the skirting boards and some brick work re pointing cement type filler amongst various other things. Though I’m pretty happy to keep that saving’s rate around the 60% mark (which is the objective for this year!). In the month of July, I’m looking in keeping my expenses down to under £2,000 – a mid year goal slotted in to try and work inline with coronavirus / lock-down. However, I’m not too sure if we’ll be able to do that now that things are starting to re-open. At-least I’m not spending the £250+ on fuel per month these days – instead, more like £20 on electricity per month due to having the electric van! (roughly doing around 600 miles per month in it for around £20 – £30 in electricity costs due to night rate electricity).