Month 9: 6.61% down, £2400 invested

September ended with a new prime minister in the UK and a new mini-budget, which saw the pound plummet against other currencies.

Unfortunately for my investments, this means it’s the worst month yet, at 6.61% down overall, meaning a drop of around £116 in just the last month.

As well as that commotion, the Russia-Ukraine war appears to be worsening, the cost of living crisis is continuing and it’s getting cold – many of us being quite concerned about the cost of staying warm for the next six months.

Many situations coming together – including the pandemic which is laying low but still there – are resulting in all investment markets performing poorly.

Is it a good time to buy? History seems to suggest so, so I’m just trusting and hoping that I’m doing the right thing by continuing to put my money into the stock market.

This month we’re doing the same as normal, with £300 split into £100 across three buckets of investments. I am aiming to increase this to add in another group of investments early next year.

About my investments:

Every month I use Freetrade to invest £100 into each of several buckets of investments. If you’re a new customer and are referred to them (you can join here), you’ll also get a free, random share in a company or other fund, worth between £3 and £200.

Portfolio so far

100 EM Core

I added another £100 into this bucket of investments, buying a couple of shares of the S&P 500, with the logic that due to the falling pound these investments in American companies should act as a bit of a hedge due to conversion rates.

Last month we were £7 up, but have lost a decent chunk of change this month.

100 EM Clean

10 shares of Global Clean Energy entered my portfolio this month, being my recent focus due to Europe being slowly cut off from Russia’s energy supplies and thus the increased interest in renewables. For the foreseeable future I am most likely to continue focusing on energy.

100 EM Future

This month I added 5 shares of RBTX, and 1 of BCHS. I don’t often buy BCHS these days due to the crypto market being far down, but am starting to buy this again as I feel like the drop is consolidating and – at some point – is likely to trend upwards again. While I said the same thing last month, it has dropped further, so we may be waiting some time.

Happening Recently

  • Still plugging away at a new niche site, but no real updates as of yet.

Upcoming Changes

  • Ongoing from last month: I may look at altering the VS FTSE100 comparison for my charts, as I don’t think the FTSE100 return is completely accurate as a comparison here.
    • Or, I may look at changing the comparison to something else.
  • Ongoing from last month: I may look into getting details about my pension on here, so that I can also track that. I think that may be a little more difficult as I don’t have manual control over that, so it may be a little less accurate than my ISA portfolio.
  • Postponed from last month: Next month I will be opening up 100 EM Global, a new bucket of investments that will focus on ETFs that invest in global companies that have good and strong growth prospects.
  • Ongoing from last month: Just in the short term, I may slow down some of my investments so that I don’t open up any new investments while I aim to pay off debts at a faster rate (I will continue to invest £100/month into each of the above, however). Doing this will decrease my credit utilisation which should benefit me when I can use my LISA towards a deposit for a house.
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