After a brief hiatus, I’m back and playing catchup as usual. So this Net Worth report will be a quick summary of two months for the price of one!
Before we get into some figures,
- Each Way Betting Report #11 – May: – It was another great month on the horses during May with +£2,410 in overall profit.
- Building A Tennis Betting Model: Using extensive statistics to build and test a model for betting on tennis matches that has proven to be profitable over 10 seasons.
- Monthly Net Worth Report #12 – May: My usual round-up of the goings-on at Pursue FIRE together with a Net Worth snapshot for the month.
- The Wimbledon Project: Kick-start of a two-week experiment during Wimbledon fortnight to see whether some ‘set & forget’ style betting strategies could yield a profit.
- The Wimbledon Project Results Analysis of the outcome of the experiment and a closer look at where profits were made across the strategies deployed.
I have some other updates to share more broadly but have these are in another post.
So I hope you enjoyed some of the content during the last few months. Right…. onto some numbers!
Net Worth Snapshot
Let’s take a look at some numbers, this time covering both June and July. As usual, I break down my current financial assets as at the end of the month (July) and compare these to last month totals (May and June 2019). I also show the value from 1-year ago (July 2018):
Over the two-month period, total net worth crept has crept a little higher to £591,512 – an increase of just +1.6% (+£9,521) for the two-month period. However, excluding property, that translated into a larger increase of +7.1% to £363,657 (+£24,189).
Quite a difference there then when you look at the changes including and excluding property. Sticking to my methodology for estimating the value of my property, the estimated value fell £14,667 over the two-month period.
Essentially, I take the monthly Nationwide House Price Index and apply the percentage change (nationally) for the month to my property. I then refer to the current Zoopla market value estimate and then take the median of these two values as my anticipated property price. It’s not an exact science but its consistently applied and I think a fairly decent proxy overall. I’d say that in the current economic climate that’s probably about right, and when I look back at the trend for my estimated price over time, you can certainly see the slow-down playing out with a general down-trend emerging for 2019.
Away from property, things have been very strong this past two months, particularly with regard to pensions and investments, which have grown a combined £30k (including my regular individual and employer contributions). Most of my personal wealth is sat in Vanguard Lifestrategy Funds which have been particularly strong of late. The 100% Equity Fund was up 19.8% year-to-date through the end of July, helped by the two best months of the year so far in June (+5.13%) and July (+3.73%), while the 80% Equity Fund has risen +17.16% year-to-date and equally had its best two months of the year in June (+4.26%) and July (+3.24%).
So how does this impact the longer-term picture? Overall, my total net worth now stands 13.2% higher than a year ago (+£68,998) and, excluding property, that’s an overall increase of 26.0% (+£74,970). Overall that continues to be a positive trend.
So, that’s it for now. I hope you are having a great summer and I’ll see you again soon.
Until next time!
Do you have any comments, questions or tips for me? Please let me know by leaving a comment below