Apple alone provided the dividend for this month. Dividends income should improve for September through to November.
Income from Property Partner is growing steadily if we disregard the one-off promotional payments from last month.
Fingers crossed, September brings an increase.
In terms of the overall portfolio, Crypto surged since last month and stock decreased slightly.
Portfolio Tracker – 1/9/17
Nothing too exciting. Just need to keep buying and keep reinvesting income. Roughly £360 was used to add to the portfolio in August, I’d be happy to keep this up but I’m sure life will get in the way of that!
…was everyone able to easily read the title? it’s not meant to be a tongue twister but I can edit it if it’s too much of a struggle.
In any case, I want to take some time out to look at Freetrade, a mobile-only stock trading app that allows users to trade for free, no fees & no commission! the rollout begins late this year.
I invested in Freetrade via Crowdcube where they smashed their funding target and raised 360% of the expected amount earlier this year.
The crowd-raise went so well that they are becoming directly authorised stockbrokers which will see additional benefits.
Check out some of the features below:
It should come as no surprise that Freetrade is in the top ten biggest crowd raises this year. Its super-cool to talk about disruption right now but Freetrade are actually ‘about that life’.
The above features speak for themselves but the most important selling point is the free trades.
Right now, the standard cost per trade I pay is £12.50. If I wanted to buy £200 worth of HSBC shares, the fee would be worth 6.25% of the investment. Too high.
There are cheaper options out there but what beats f r e e ?
I am also excited by the possibilities created by fractional shares on the platform. Some companies like Tesla and Amazon are lovely to own but so damn expensive! Freetrade means I will be able to afford to add them to my portfolio.
One point that might be more important than my portfolio gains, is getting more people involved in the stock market who were previously scared off by high fees or perceived complexity.
I know people who will argue for hours about who makes the best smartphones but won’t touch the stock market to buy into Apple or Samsung, for example. Soon they could be buying shares on those same smartphones.
I have high hopes for Freetrade and I’m sure that a lot of expensive stockbrokers are worried right now.
If you missed the previous funding round, unlucky… but you can still register your interest for potential future rounds by checking out Freetrade’s pitch on Crowdcube. Whilst you’re at it, do me a favor and register for early access to the app. There’s no financial incentive but I do get bumped up the queue by referring others (you can too by registering and sharing your own link).
Want a final way to get involved? apply for one of their current vacancies, just get me to the front of the queue once you’re hired 🙂
Update: following a great question from commenter, in10jaarfinancieelvrij(check out their blog), I have renamed this article to include the word “Micro”. This is because they offer a decent return for a small amount of time. For a good return (£50+ a month) it would require a lot more effort and spending, probably too much. I have a post on my side hustles for August coming soon so keep an eye out!
Money is everywhere and opportunities are endless. You already knew this though, right?
Today, lets have a look at 3 platforms that have been very kind to me.
Quidco has been good to me year in, year out, as you can see.
Quidco is a cashback website in the main but also offers paid surveys. There are other sites (TopCashback is available in USA, unlike Quidco) that do the same thing as Quidco but I have stayed loyal for the sake of simplicity.
As veteran for over a decade, I know Quidco very well. Here are my top tips:
– Don’t be tempted to buy things you don’t need just to get cashback
– Always check Quidco first when making a purchase online (download the browser extension)
– Quidco is most effective with expensive buys like holidays or contracted buys such as an internet provider.
– Keep your purchase confirmation emails organised in case you have to refer to them for a claim.
– Check out the in-store cashback features for cashback offline!
– There is a free option and a premium option (£5 per year), decide which is best for you.
Referral Link – http://www.quidco.com/user/149463/2467929/
I’ve just started using this app this month and look what I’ve made already!
Its really simple, find a ‘Help Wanted’ poster advertised at the business location and upload a picture of the poster and the store front to the app.
Have a look at an example of my work from the Indeed website
Super blurry eh? I know. The point is though, Im being paid to help people find work. It feels great!
As great as it feels, there are two issues to consider. Firstly payment is made in Amazon vouchers and not cash. Second, I’m not sure how regular this income will be as I have already exhausted most of the shops near my work and home. Time will have to tell.
This app pays for doing surveys in Google play credit. Again, cash would be better but the surveys are short and I was able to download Rich Dads Cashflow board game for free. The surveys tend to be short so it doesn’t eat up too much time.
What do you make of these side hustles? have a side hustle I should be checking out? let me know!