Tuesday 1 March 2022

February - End of the month report FIRE

 Total portfolio: £190317 (-64386)

Debt: ZERO
External funds: ZERO
Car: No
Net Worth: £190317 (-64386)

Investments UK: £163294 (-65700)
Investments overseas : £3934 (same)
Cash: £1850 (+1150)
Pension: £20616 (+60)

Total Income: £1604(main job)+429 (second job) + 5508= 11107
Passive income: £5510 (73%)
Savings rate: 80%

Side hustle 2 profit (Royalties): £ 0.55
Side hustle 3 profit (Match betting): £ 0
Side hustle 4 value (Crypto): £5508(Total funds still invested in crypto:8430)
Side hustle 5 profit (Focus groups): £0
Side hustle 6 profit (Internet):£1

Fist of all, I was slacking a bit, but not too much, so I decided to update my monthly report once more. Even if I missed January, the things looks good, there is one scary minus 64K from the total portfolio, but it is all related to the crypto portfolio, who was decreasing massivelly lately. Anyway, given the fact that I have only £8430 to recover from my initial investment. Other than that, was a normal month, with some extra pay from Christmas, and not so many expenses, as I still recover after the September wedding (the UK one, as I still get ready for round 2 in Romania). I am thinking about some nice holiday this year, as a honey moon of some sorts, and basically I cannot decide as I can go anywhere, at least in theory (except Greenland, I cannot afford Greenland yet, as a trip there will easilly go over twelve thousand pounds). And I discovered Travala, so I hope I can use cryptocurrencies to book it, to save some cash from the bank. I am trying to get some profits from there into the bank, but I need to be careful to not go over my free allowange for capital tax (according to HM Revenues ''the tax-free allowance for capital gains tax is £12,300''). And I am moving slowly online, as most of my writing and blockchain gaming is feeling like a second job sometimes, just three times better in terms of profits. If you are curious, check my latest report in here