Wealth update – 31/08/2020

Life has improved somewhat and our landlord sent us an email about the upcoming works on the building to improve security. In short… they will build a wall! Following that they will add a security door, with an actual working lock and maybe even CCTV. This should all help keep the homeless, the druggies and the anti-social elements of Holloway far-far away from my doorstep.

My gas meter saga is still ongoing. The current and new gas providers have failed to register the correct gas meter even though I have called, emailed and sent pictures of the different gas meters. On a positive note, I successfully moved my electricity supply to a cheaper provider and closed the old account – so I’m halfway done with my switch.

Another saga was started in August. This is to do with the security deposit compensation claim, which I wrote about in my previous post.

My EIS valuations stayed the same and cash is now back where it should be as I got my deposit back from the old flat. All of my investment accounts have had a huge positive month. My net worth increased by £30,082 in August (this includes £1,600 ISA top-up and £292 pension top-up and £50 into Premium Bonds). This represents an increase of 27% from last month. My net worth as at 31/8/2020 was £139,928. (I saw my net worth reach above £150,000 in the first few days in September but that’s now dipped lower as I write this on 7th Sept 2020.)

I don’t expect to have this kind of monthly investment growth often and fully expect things to moderate in the coming months.

In summary, I’m very pleased with August as my portfolio achieved the biggest monthly monetary gain I have achieved so far in my life.