Wednesday, 3 March 2021

End of the month report - February 2021

Motto: Audaces fortuna iuvat. 

Total portfolio: £115827

Debt: ZERO
External funds: ZERO
Car: No
Net Worth: £115827

Investments UK: £92926
Investments overseas : £3934 (same)
Cash: £1286
Pension: £17177

Total Income: £1658(main job)+0 (second job) + 3383= 5041
Passive income: £3383 (67.11%)
Savings rate: 70%

Side hustle 2 profit (Royalties): £ 0
Side hustle 3 profit (Match betting): £ 0
Side hustle 4 value (Crypto): £88623 (Funds spent in crypto:11263)
Side hustle 5 profit (Focus groups): £0
Side hustle 6 profit (Internet):£0.23

We live through strange times. With the lockdown full on, I had no time to do any part time jobs, as I am still going on my main one, and due to Covid19 restrictions I am required to work only in one place. So, main job it is. I have completely stop doing any match betting also, as i am trying to make my bank account to look good, with a property buy in mind (it was funny, when they checked for a mortgage, and they could see 8-12.000 monthly used for betting websites, in a good month like March Cheltenham). I bet they were thinking that I am either a math genius or the most addicted gambler on a planet. Probably the second. Given the conditions, I was fully focused on crypto-market like a real job, and I am doing alright, as they got auto-compounding accounts with the interest paid every 5 minutes, with 15-240% Annual profit yield. Every early retirement candidate dream. On the surface. I must to admit that I learn very fast, I am good at numbers and finances, and I had a ton of luck. Literally. The market is that volatile, that you have in one day as much movement up and down as a share can have in 5 years. So, took me 2 years to teach my brother the basics, so he can perform slightly above average. But it is not something that I would recommend. Unless you want to try your hand with 1-2 thousand, just for the fun of the game. The risk is much higher than any traditional investment, even with the so called stablecoins (coins that mimic the dollar - which is not doing great lately also). But if this is the way to make me reach FI, so be it. As a classic said:


So, this being said, keep it going and we will see each other in one month, unless something major happen. 

George 



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