As we gracefully float into October, I wonder how many of us will look back at the year 2020 and think “Yah…. I don’t want to see that year again!”. With generally wanting to focus on the most optimistic / positive things in life, I’m hoping that 2021 will be the year of ‘bounce back’. Generally my investments, apart from my individual stocks and shares (which are performing horribly!) have been pretty robust and is just continuing to grow – the keep calm and carry on approach rings in my mind!

September 2020 | Investment

Updates & News

With US elections just around the corner and almost 50% of the fund that I’m invested in is involved with organisations that operate in the US, I am fully expecting that the markets are going to be a little turbulent and so will those glorious figures. But for so far, here are the graphs:

Overall things have been progressing relatively well – perhaps this is one of those months in the FIRE journey that is just generally not very interesting / quite boring?! It is bound to happen, especially when I plan to do these updates for the next 10 years :p which is my anticipated FIRE date! (by the time I’m 40).

How are those figures looking?

Total Income: £12,868.00
Total Saved (?): £10,375.00
Total Expenses: £2,493.00

Savings (%): 81%

Hooooeeeeeee! I think this is my best savings rate since I began the journey! Touching just over 80%! Holy moly, I didn’t think I’d be able to do that. This month has been a bit of a bumper month and I’m glad that I’ve tucked this all away. I’m making a solid push to try and reach £150,000 in Index Funds by the end of 2020. With index funds at £132,000 at the moment, that means that I’m going to work on putting away £18,000 between now and the end of the year – which with my bad maths works out at around £6,000 p/m. *Touch Wood* this should hopefully be do-able if nothing drastic is to happen!

Garden October 2020

The garden is all starting to die down now as we start to get closer and closer to winter. However what a bit of a bumper year that we’ve had! We bought an Apple Tree the first day we moved in for the cost of about £36. The first year we had no fruit on it and then the 2nd year we had 2 Apples – working out to the cost of about £18 per apple! (Hah!) But this year, we’ve had about 10 apples (Pwhoar!)! Of course, I’m joking when it comes to measuring the yield of apples to the original cost and really the apple tree is there from a sentimental point of view.

Will try to get some pictures of the garden – but I’m actually writing this from a lovely cottage up close to Chesterfield!