November 2019 Savings Report

A look back at saving and investment performance up to November 2019

November 2019 Savings Report

This is the next in our new Savings Report series. Savings Report for October 2019 introduced tracking a Savings Rate & Years to FI. September 2019 was the first, and you’ll be able to get them all at the best of Money Mage

This month continues to include a Savings Rate and Towards FI.

I have yet to spend the time to work on figuring out a more realistic Financial Independence figure. I need to take into account growth and also a liquid bridge before my pensions can be accessed at around age 55.

If I get any time over the holiday I’ll take a look.

Here are this months savings figures

November 2019 Savings Rates

Date SR SRp
November 2019 66.89% 74.25%
October 2019 65.9% 73.4%
September 2019 70.5% 73.7%



Towards Financial Independence

Our Financial Independence number is quite conservative. This table shows the number of years to achieve Financial Independence in various cases.

Date FIh FIp FI
November 2019 4.7 12.9 17.6
October 2019 4.9 13.1 17.7
September 2019 5.0 13.2 17.9



November 2019 Recap

November was yet another good month this year. I’ll do a roundup of our year for our next report, but it’s all going very well. There was some deferred expense in November as October’s Trip to Rome cleared off the AMEX. I also took a wee trip to see my Dad and extended family for Dad’s Birthday.

I’ve disposed of a small amount of $LLOY shares as they hit a 6-month peak. I’ve had them for yonks, and I felt they’d be better in a diversified fund.

I’ve also started regularly contributing a small amount to a Stocks and Shares ISA to build a liquid bridge over the next 10 years. Vanguard for low fees. Investing in Vanguard LifeStrategy 80 and a small holding in Vanguard’s FTSE All-World High Dividend Yield $VHYL.

I like to keep investing simple, so it doesn’t become a distraction. My motto is to put it away, leave it there, and don’t look. These reports are meaning I’m looking more - and tinkering more!

I do have pretty significant holdings in investments, but almost entirely via Pension Wrappers. The other MMs Pension is much smaller.

Going Well

Should do better

November 2019

November has been a pretty good month, with increased pension contributions hitting our accounts.

Month on Month net worth increased by 1.60%, and Year on Year is up 22.6%

Type MoM% YoY%


Asset Allocations

Here you can see asset allocations this month compared to November 2018.

Whilst equity exposure appears very low, all pensions are in global trackers funds. Investment in equities is almost solely via pensions.

Lifetime

This chart shows our net worth growth since the other-MM started work and I graduated.

The little bit of bump earlier year was due to a change in my job. This meant reduced pension contributions during probation. It’s now starting to tick up again as expected.


Whilst we’re mortgage free, and on the path, FI let alone FIRE still seems a very long way away. Subscribe for more. Subscribe now and follow me on Twitter @moneymagery. I hope you like the charts, I am a fan of Tufte*.

How is your journey to FI going?

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