Statement of intent

StuartGMC

abouttimetoo wrote: »

Hi Stuart, just popping in to catch-up with your thread as it's been a while. Looks like your offest and investments are perking up nicely - well done you!

ATT many thanks, it is nice to be where we are now and not where we were one year ago as you can see on the graph. However, continuing to buy units during that time has really helped to reduce the average cost per unit and of course, we've seen a lot of growth from the units we've bought in that period.

I need to have a look at how my own share purchases are doing from the last year as I know they have more than doubled but would still like to put a figure to it. It's been a while since I've been able to [STRIKE]play with[/STRIKE] update my spreadsheet properly - my days have been super busy and just work work work and the only SS updating i've managed to do recently is when i make the OP's.

Hope you and your family are well
Regards
ATT

Why not pop over to Trustnet.com, you can set up the list of shares in the portfolio tool (free!) and you can check back or even just rely on the e-mail updates they'll send you? That should make it easy to monitor.

Hoping work is all positive for you.

It sounds to me that you have yet to eliminate sleep in your schedule? It does really consume a lot of the available hours when you could be updating and manipulating spreadsheets.... :rotfl:

And we crossed again on this post!

abouttimetoo

lol re crossing posts again! I'll have look at trustnet, funnily enough I'd not heard of it last week but that's twice this week now I've heard it mentioned.

Yes, thankfully my job is safe or should I say safer than most as I work in quite a specialised area. Regarding sleep - something I value greatly but never seem to be able to get enough of.

I'm going to play with the spreadsheets for a while this evening then try and be in bed by 10 at the latest.

NB didn't srike out 'play with the spreadsheets' this time - why pretend :rotfl:

StuartGMC

ATT
If you are in bed by ten then you should be up around 4 on a weekday - 6hrs should be enough!

Just had our DD commenting on wanting the heating on :eek: ; she really doesn't realise how lucky she is. I hope not to turn it on for a good while yet, and if we can make November before we do, that will be excellent. Perhaps I should tell her we'll live like mum and dad did when we were her age in 1977, little heating and wearing appropriate clothes for the autumn?

That said, we all of course want to provide a better standard of living to our offspring compared to ourselves and even get soft ourselves along the way!

As the page rolled over, for those who missed it the latest graph is here

abouttimetoo

StuartGMC wrote: »

ATT
If you are in bed by ten then you should be up around 4 on a weekday - 6hrs should be enough!

6 hrs:eek: That is actually what I often get and frequently less than that, however, left to my own devices I can happily do 12 hours a night and have been known to do longer plus an afternoon nap if I'm on holiday:D

Just had our DD commenting on wanting the heating on :eek: ; she really doesn't realise how lucky she is. I hope not to turn it on for a good while yet, and if we can make November before we do, that will be excellent

Yikes, i'm usually the coldest person most people have met and it's a rare day when I'm at home that the heating is not on whatever the month!

Perhaps I should tell her we'll live like mum and dad did when we were her age in 1977, little heating and wearing appropriate clothes for the autumn?

Yes, I clearly remember thick ice on the inside of the windows in our house when I was a little girl, it's seem weird to even think of that happening now doesn't it.

That said, we all of course want to provide a better standard of living to our offspring compared to ourselves and even get soft ourselves along the way! [/QUOTE]

evab_2

I'm ill and have been freezing all day so I've had on a t-shirt, cardie, and a jumper but no heating. Now in the spare room where hubbies computer creates enough heat to keep toastie warm! Lovely!

StuartGMC

Evab,
Hope your health improves quickly; I concur on the heat from the PC, it's sort of a balance for the cost of the electricity whilst it's running and like you keeps our study nice and warm!

Mortgage_Reduction_Novice

There's a saying in my family... when a female say's she's cold... "its time to put another fleece on the woman"

Nice to catch up on your thread Stuart... lots of lovely graph !!!!!!!

StuartGMC

Well, you are all aware that I had a stretch target to try to clear the mortgage this month saving a full 10 years on the original 25yr term but now it's getting close to the decision point.

In summary
We remain 100% offset, so in essence shouldn't pay any interest on the mortgage.
We are net positive if you add on the credit card bill, but until our pay this month, that is derived from the ISA Funds.
The credit card payment has just gone in for October but the additional spend for the November bill already sits at £2104 (£438 is reclaimable as expenses) and this will increase as:
1) OH car service and MOT at £245
2) I'm about to order a couple of sets of toners for our laser colour printer - used by DD for her school items and OH for Brownies stuff (a lot of high density colour printing which eats up toner!). I need 2off each colour and I'll get 3off black which should give sufficient stock to Spring I hope. I think this will be close to £250 :eek: so I need to chat to them about printing and using lower quality where possible.

Spend has been a little high this month; we've ordered a "kennel" for our cat so he has some nice warm shelter on the days OH works (I don't want a cat flap reducing the draught proofing of our double glazing) £62. Buildings and Contents insurance was in the month too.

So, I'm trying not to feel down on this but rather to look at the positive aspects:
a) We're offset and not incurring interest on the mortgage bar the odd few pence in September
b) We only owe £10350 on the mortgage
c) Sealing fee is listed as £225 but subject to change (mmm wonder what that could be now?)
d) Our overall net position today is £11,100 positive and we still have this month's salaries to come in of about £4220
e) Our ISA Funds are continuing to grow (see last chart) and are back to being positive growth despite the turmoil of the last 12-18months. Since their low point on 26 October 2008 when value was down to £4732, we've invested a further £3300 via the £300 per month, which would give £8032 at 0% growth, but they are worth £13029 ie £5000 increase in value or 62.2% growth (just wish it was all profit!) and we stand at 4.79% profit overall.
f) We both remain in employment and retain final salary based pensions at the moment.

So I need to concentrate on these good points, focus on building the cash reserves to give a bare minimum cushion short term, which being MF would rapidly grow thereafter, and choose to pay off the mortgage at a time the numbers are all good even if it's a little less than 10yrs saved, we are of course in effect MF as we don't pay interest but we should truly be MF within a few months :j

gallygirl

Great achievement Stuart, well done :beer: (virtual beer obviously as I seem to remember your beer pocket money has run out :rotfl:)

StuartGMC

The FT has a few good maps under its markets section showing the major exchanges and their position over 1,5, 10days.... 12months. I think this one for the past 9 months is rather nice.... well green IS good!



If you have not looked at these then go to http://markets.ft.com/markets/overview.asp?ftauth=1255170496825 and the "Macromap" image in the middle of the page.