So it’s time to check up on whether HTSC’s net worth has increased or decreased in February 2018. I’m going to leave the previous years net worth numbers in these updates so we can see that (hopefully) everything is headed in the right direction.
Remember only percentage values are being used as it makes no difference to you what the HTSC net worth target is.
|Month||Net Worth %|
Again it’s the same story as January, the net worth increased (yay!) but not by much (boo!).
The reason that it hasn’t increased by much this month is because there was a sharp drop in the value of stock markets all over the globe. This meant that the ISA and SIPP in the HTSC portfolio dropped in value. Don’t worry, Mr HTSC hasn’t gone all frivolous and started spending money on items he doesn’t need.
In the January update, I promised you a sexy graph, sadly it isn’t as sexy as I’d like it to be but it’s a graph non the less.
Graph 1 – Net worth increase. As you can see, the bloody thing has flat lined so far in 2018.
No one said making your spare cash work harder for you was going to be plain sailing. There are going to be ups and downs. It’s about holding on tight and breathing slowly when everything is heading south. Shamelessly pilfered from Berkshire Hathaway’s latest annual report (page 11) are these few lines of wisdom (pulled from Kipling’s If ) to bare in mind when things aren’t going well.
“If you can keep your head when all about you are losing theirs . . .
If you can wait and not be tired by waiting . . .
If you can think – and not make thoughts your aim . . .
If you can trust yourself when all men doubt you…
Yours is the Earth and everything that’s in it.”
Stay safe and warm folks! Over and out from a very snowy Scottish Borders.