Your 2017 Financial Review thus Far

username12345678

Some major financial changes this year for me:

1. Mortgage paid off

2. DB pension cashed out

The performance of my SIPP since the end of March is +3% .

Zola.

Portfolio up 7% overall.

Been a very expensive year with getting married, travelling and changing the car.

Main things improved this year:

- Less money spent on crap / Less desire to spend money on crap

- Upped pension contributions from 10% to 15%

- More money invested in S&S ISA, upped direct debit and will again in Jan.

- Mortgage overpayments started on a monthly basis via standing order into a separate account since returning to work from honeymoon

- Tracking every single expenditure in a Google spreadsheet, helps to stay truthful to myself


Plenty of tweaks and improvements to make still

bostonerimus

Looks like I'll be up at least 18% this year, which is insane because that's 20X my annual spending. I've maxed out my self employed pension. 2017 is going down as one of the great years....this investing thing is easy........until........

Thrugelmir

Alexland wrote: »

Until, if you wait long enough, someone makes more cake!

Or the slices get smaller and smaller.......

Thrugelmir

bostonerimus wrote: »

Looks like I'll be up at least 18% this year, which is insane because that's 20X my annual spending. I've maxed out my self employed pension. 2017 is going down as one of the great years....this investing thing is easy........until........

Care to name 20 major international companies whose profits are up 18%......... or is it money looking for a home.

bostonerimus

Thrugelmir wrote: »

Care to name 20 major international companies whose profits are up 18%......... or is it money looking for a home.

It's all reinvested dividends or gains in retirement accounts and regular accounts. The bubble will pop at some point, but I'm investing for the next 30 years and I'm not taking any income so equities are the place to be. However as Bette Davis said it's going to be bumpy.

https://www.youtube.com/watch?v=yKHUGvde7KU

TomSurrey

Not sure the right way of doing this, but good to review towards the end of the year, couple with average age of 40

Income
- joint gross income has gone up from c£180k to c£250k

Investments
- joint assets / net worth have gone up from c£850k to c£1.1m
- saving rate of about 40%, pushing this up now our incomes have gone up, my other half is maxing our her pension allowance this year
- investment return rate, equities @ 15.6%, property 7% (leveraged so the real rate is much higher than this)

Personal
- got married, moved jobs so I’m much happier

Prism

My pension fund is up 21% in 2017 not including my additional contributions. Its been an ok year for equities but not quite as good as others before it. I'm not concerned too much about a market crash as I have still got plenty of time to recover and I would say that my portfolio is defensive enough. When I get to about 5 years from retirement I will make some changes.

I only wished that I had taken a bit more care of my pension fund a bit earlier rather than leaving it in the standard mid level risk multi asset fund that I picked all those years ago.

pip895

My fairly cautious portfolio is up 14%, not as good as 2016 yet but with the big pound devaluation during 2016 that's not really surprising.

TBC15

Not a bad year so far.

Transferred from my DB pension to a SIPP.

Investments up 22% in 2017. Tech leading the way with China biting at its heels.