August Update

Let’s talk numbers. This month I saved the usual 38% of my gross salary as usual with around 17% into cash and S&S ISA, and increased my net worth (exc DB pension) by

  • 0.85%
  • £1,259

My S&S ISA did OK with growth of 0.85% excluding my regular monthly investment. Am still hanging on to my Royal Mail shares hoping for them to crawl back up to the purchase price, so the £68 increase is good but I know I should sell and cut my losses. No growth in my DC pot despite investing £241, looking on the positive side – buying low(er).

Actions for next month

  • Reinvest the RMG dividend due in Sept
  • Monitor my spending to see if I can increase my savings and investment
  • Increase investing and reduce saving. Invest the £225 of the £250 I usually save

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