Welcome to our first monthly update! Each month we will document the ups and downs of our portfolio on our journey towards FIRE.
Our goal is to invest at least £3,000 per month. In January we not only achieved this but surpassed it by £202.
The stock market had a turbulent month, strongly impacting our net worth as 60% of our portfolio is held in stocks and shares.
In January our Vanguard funds dropped in value by £931 this was, however, more than offset by the strong performance of our cryptocurrencies which gained £1,277 in value.
If we were to retire today, we would only be able to sustainably withdraw £1,095 a year based on the 4% withdrawal rule, so we still have a long way to go!
How was your month saving? Did you hit your targets? Let us know in the comments below.