Welcome to my November 2022 Portfolio Report.
My stock portfolio rose £2,142.62 (+10.1%) across the month of November 2022. This figure excludes the benefit of any additional deposits made and focuses solely on return achieved on existing capital.
£0.00 additional deposits were pumped into the fund this month, £0.00 worth of stocks were sold, with £0.00 of total capital being invested into additional holdings. £140.66 in additional deposits were made due to income from dividends being transferred into the capital account. The additional deposits and dividend income minus the capital difference invested and account fees has therefore led to an increase in the capital held on deposit which has risen from £39.44 to £176.40
Capital held on deposit now sits at 0.75% of the value of the fund.
The total value of the fund, along with the cash held on deposit sits at £23,346.97
2022 Performance
On 1st January 2022 the account sat at a value of £28,192.65. Since then I’ve pumped in a further £2,165 into the fund. Today’s value of £23,346.97 minus the £2,165 additional deposits, means that I’ve made an investment return of -£7,010.68 so far this year which represents -24.8% loss in value so far in 2022.
My Thoughts
Fireworks well and truly sparked on the markets this month. Prices raced higher across many of the stocks in my portfolio, whilst others remained flat. Few fell in price across November. It was certainly a gain’s month.
And whilst many of my members will be celebrating rises in value across their portfolios it does also indeed mean that, for buyers, prices have become significantly more expensive than they were in September 2022.
I also want to point out that this is the 3rd time we’ve been on a little price spike this year, and the pattern, should it continue, would suggest we’d be in for another drop in price over the coming months.
In February 2022 we witnessed the big drop in price. Followed by a little climb in March. The first climb was weak and it didn’t hold long. Then we saw prices continuously fall until July where it then spiked up a 2nd time, raising the value of my portfolio up +9%.
This spike was stronger, leaving many of us wondering if we had hit the bottom. I reported to my members that I didn’t think so. It seemed too early. There was still a considerable amount of doom and gloom being reported. The short term fundamentals didn’t look optimistic.
It wasn’t to be, as prices then continued to fall in August and September and bouncing to new yearly lows in October. Then, mid-October we started to see prices push up. Balancing out the month and covering the losses incurred in the first half of that month. But now we have a +10% gain in November. The biggest spike yet this year.
Is This The Bottom?
And the question now is, will the pattern continue, or is this the bottom? Obviously that’s a question no one can answer with any certainty. It could be. I’m more inclined to think it could be amid news that the US Fed are reporting they expect interest rates to stop climbing higher in 2023. And there’s pockets of news reports coming out that factors pushing the economy in the wrong direction are now starting to slow down.
Remember, what pushes prices up is investor sentiment. If investors begin to feel more certain about the future, they’ll start buying stocks again. Buying stocks means more demand, less supply and prices going up.
Overall, i’m more disappointed that I couldn’t take more advantage of the 2022 crash. I only managed to invest an additional £2,165 this year into acquiring more stock in my favourite businesses and I think in a few years i’ll be looking back at 2022 thinking “I wish I had bought more” down there.
The truth is, if September/October was the bottom, we may never see those prices on my favourite shares like that ever again.
Portfolio
| SHARES | STOCK | COST (£) | MARKET (£) | GAIN (£) | GAIN (%) |
|---|---|---|---|---|---|
| 120 | STOCK 1 | 877.62 | 956.40 | 78.78 | 8.97 |
| 683 | STOCK 4 | 3,931.89 | 4,002.38 | 70.49 | 1.79 |
| 30 | STOCK 23 | 493.50 | 840.00 | 346.50 | 70.21 |
| 51 | STOCK 2 | 1,028.30 | 1,107.72 | 79.42 | 7.72 |
| 1902 | STOCK 25 | 2,584.60 | 1,959.06 | -625.54 | -24.20 |
| 991 | STOCK 29 | 2,152.17 | 2,011.73 | -140.44 | -5.59 |
| 35 | STOCK 16 | 501.53 | 551.25 | 49.72 | 9.91 |
| 936 | STOCK 32 | 747.83 | 907.92 | 160.09 | 21.40 |
| 110 | STOCK 34 | 1,557.70 | 1,697.30 | 139.60 | 8.96 |
| 13 | STOCK 17 | 248.05 | 646.88 | 398.83 | 160.78 |
| 2619 | STOCK 43 | 599.64 | 497.61 | -102.03 | -17.01 |
| 138 | STOCK 39 | 249.26 | 296.70 | 47.44 | 19.03 |
| 1855 | STOCK 46 | 2,540.51 | 2,819.60 | 279.09 | 10.99 |
| 109 | STOCK 49 | 409.80 | 555.90 | 146.10 | 35.65 |
| 304 | STOCK 55 | 1,048.02 | 437.76 | -610.26 | -58.22 |
| 219 | STOCK 47 | 1,187.36 | 516.84 | -670.52 | -56.47 |
| 111 | STOCK 33 | 3,068.48 | 2,248.86 | -819.62 | -26.71 |
| 50 | STOCK 24 | 800.20 | 514.50 | -285.70 | -35.70 |
| 26 | STOCK 45 | 491.34 | 602.16 | 110.82 | 22.55 |
| TOTAL | 24,517.80 | 23,170.57 | -1,347.23 | -5.49 | |
| CASH | 176.40 | ||||
| TOTAL PORTFOLIO VALUE | 23,346.97 |
Dividend History
£140.66 was received this month in dividends and re-invested into the fund. We have received a total of £836.58 in dividends for 2022 so far which is an average passive income of approximately £76 a month. I am hoping for a 2.5% yield from my account each year (approx £700 in 2022).
This time last year we had received £681 in Dividends.
Historical Performance Tracker
My goal is to reach £1,024,864 in account value within 23 years from the start of this project. I plan to get there by achieving an average annual return of 15% from my stock picks and an additional average 2.5% annual dividend yield which will be re-invested into the fund for compounded growth. This also assumes a £250/month cash input to aid growth. This progress is represented as the blue ‘trajectory’ line.
My financial forecasts suggest that to stay on track and reach my goal I must finish 2022 on £19,169.
However, I am approximately 1 year ahead of schedule of reaching my target of £1,024,864 by 2042, which gives me plenty of room should I suffer 1-2 poorer years along the way like we are seeing now in 2022.
These projections are already based on conservative returns, based on historical performance of my handpicked stocks. I am therefore left in no doubt that I will make my target far sooner than planned. Initial projections suggested I would reach my end target aged 61. However, current projections now suggest the milestone will be reached by the age of 59. I hope to get there before I hit 55.
Join Me On My Journey
I hope you continue to join me for this rollercoaster ride across 2022 and our forthcoming years of financial growth. I sincerely hope to one day be able to meet some members in person and bask in each others stories of success. Nothing will please me more than for my hours and hours of analysis to have had significant positive impacts on peoples financial lives and wellbeing.
This is an incredible journey, growing a starter portfolio of £4k to £1 million. It will take best part of 20-25 years to achieve. However, I hope these monthly reports become a roadmap of sorts that future generations can take.
I certainly intend for my children to take on the baton and continue running with it long after i’m gone. For me, this is a the start of the Chillingworth legacy. Whilst I started in my 30’s with less than £10k, my children will start in their 20’s with perhaps £100k each. Their children may start with a million each. Their children could eventually be billionaires. Whilst I won’t be around to witness it, I’d be happy knowing I came into and then left this world having made a positive impact to my family in this way.
Can a 40 year old self-taught retail investor from Sussex, UK, turn £4,000 into £1,024,867 over 23 years purely from investing in UK FTSE stocks? Join Chris Chillingworth as he embarks on his journey and follow the ups and down’s caused by the impacts of Brexit, the 2019 pandemic, the Russian invasion of Ukraine and the global hunger crisis.
This month, Chris’ portfolio rises by £2,174, the kids get the flat ready for Christmas and the Fireworks night is a wash out.
