Thursday 1 December 2022

Monthly report FIRE - November 2022

 Total portfolio: £65415 (-12968)

I did not write anything in the last few months, as I was busy organizing one or another. I am back, for now!

Debt: ZERO
External funds: ZERO
Car: No
Net Worth: £65415 (-12968)

Investments UK: £38870 (-13574)
Investments overseas : £377 (same)
Cash: £2748 (+8)  +  1842 (side hustle jobs)= 4238
Pension: £22795 (+676)
Passive income: £1842 (43.5%)
Savings rate: 4% (It is Christmas and I have some expenses this month)

Side hustle 2 profit (Royalties): £ 6.46
Side hustle 3 profit (Match betting): £0
Side hustle 4 value (Crypto): £1814 (Total funds still invested in crypto:8430)
Side hustle 5 profit (Focus groups): £0
Side hustle 6 profit (Internet):£0

Crypto reached a whole new level of absurdity these days, as some big exchanges and cryptolender got brankrupted lately, due to the economic environment (see more about my month in crypto here). Translated - cryptocurrencies are still going down. Other than that, I got a bonus, or better call it 'bribe' from government, in order to come with the economical crisis (In theory they gave us 10% as inflation rised above 27%, so we are still on the losing side of the battle). Some royalties out of nowhere and some profit playing my blockchain games. Other than that, a quiet month, although I went on a spending spree as I needed to buy some new trousers, tops and shoes, plus, I finished everybody Christmas gifts early, as I had a week off. For the next year, I need to redirect some of the profits from crypto towards the bank account, but my numbers are only showing the liquidity, a lot more is stuck in different blockchain games, and if I do sell those, I estimate anything between 40K and 80K. Still, there is some growth potential in there, but I will take some profits slowly over the next few months, maybe all the next year. Trying some crazy moves to reach my FIRE amount all at once, if possible. But I do not see it happening until the market recovers. 

Extra: I will start to drop some small amounts every month into my shares, which right now are a shameful £1800 in total. Long way until the expected 200K.