Thursday, 5 January 2017

December 2016 - Monthly report

December 2016 - Monthly report
My Overview

Total portfolio: £20437(+10233)
Debt: £0 (-2870)
Car: £500
Net Worth: £18287(+10863)

Investments UK: £8117(+6211)
Investments overseas : £2772( +808)
Cash: £3761(+2843)
Pension: £5669(+253)

Total Income: £12386 (+10239)
Passive income: £11131(89.9%)
Savings rate: 92%%

Side hustle 1 value: £392
Side hustle 2 value: £118 ( Profit December £10950)
Side hustle 3 value: £191 (Profit December £154)

December was awesome. I managed to cash in one of the many side hustles started in Spring 2016. Not so bad. Almost 11 grands to go to my portfolio. Half of it i invested in website, to try something different than my usual partners. My portfolio value doubled up, debt erased completely and the net worth just bumped  out with the already mentioned 11k. 20% of the profit i will also invest it in overseas instruments, just in case. I keep some cash in my TSB account for the 5% interest (was good while it lasted, i think it will go from 5% on £2000 to 3% on £1500 from January). The double record, savings rate of 92% and passive income of almost 90% for this month, was astounding, I hope i will manage to reach a better one in 2017. I will do some fact checks and statistics for the entire year very soon.

Have a perfect week,

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