Thursday, 4 August 2016

July - monthly report

June 2016 - Monthly report
My Overview

Total portfolio: £8659 (-744)
Debt: £1930 (+550)
Net Worth: £6729 (-1155)

Investments UK: £1881 (+30)
Investments overseas : £1839
Cash: £333 (-945)
Pension: £4606 (+432)

Total Income: £1530 (-160)
Passive income: £63 (4.11%)
Savings rate: Unknown

Side hustle 1 value: £392 (-108)
Side hustle 2 value: £6285

Interesting numbers, and overall my portfolio and net worth is decreasing, while the debt is increasing. But this is only temporary as I am trying different ways to increase my net worth, and Side hustle number 2 will start to generate income at the beginning of September. Side hustle number 1 is still work in progress, and i do not know if it will produce the expected results, but out of my two attempts done in this year, one seems to be highly succesful reaching unexpectedly good results in the next months.I am still planning to end all my debt by the end of the year, and to increase my passive income (almost passive as i am working on it 3-4 hours per month).I can see a decrease in cash, as i am planning an one week holiday in Spain, and flight and accommodation was paid. Pension jumped a bit due to the nice performance of the stock market. Very small increase in the local investments, but in the end it is increasing.

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