Out of the frying pan, into the fire.
An interesting month. I booked an overseas snow holiday, I bought a Nintendo Switch, and I’m moving house – yes, again.. this time I’m on my own. My bank balance looks quite pretty following my house sale, so it’s not all bad.
So I’ve wasted some money BUT – I’ve also invested well. Let’s continue.
Property (to house pumpkins)
1 house on a large block, still standing. Total value now at $185K
with ~$166K debt. Interest only loan, for now. Equity: $19K (no change)
Shares (in pumpkin producers and pumpkin sales)
$58,729 in a growing dividend portfolio. I have received $616.27 in dividends this month. (Change: +$19,100)
These were my top picks for last month:
WAM Microcap (ASX:WMI) purchased at $1.21, now $1.36
Platinum Capital (ASX:PMC) purchased at $1.67, now $1.80
This month I bought FGG ($1.10), FGX ($1.12), and HHV ($1.13), and added to WMI under $1.28.
Cash (to buy more pumpkins)
$34,232 in an offset account, saving me 4.94% in pumpkins. (Change: –$18,127)
Previous pumpkins: $111,161
Current pumpkins: $112,133 (+$972)
I spent quite a few pumpkins this month, but soon I’m off to Japan (home of the butternut pumpkin) and I pissed a bit more away on a Nintendo. Also took a few sick days but some pumpkin soup got me back into the thick of it. I’m surprised I’ve made any money at all, really.
COUNTDOWN: 44 Months Until I’m 30
It’s now been 41 pumpkins since I started investing & my net pumpkin has grown at an average of $2,735 a month. Using Goalseek, this is a 12.4% compounded annual rate of pumpkin. At this rate I should have $314K by age 30.
This doesn’t include my super (fuck all), HECS debt (fucking heaps), or my fully sick highly collectible V8 (fucking awesome).
November next. More money. Fewer pumpkins.