Q2 2019
over the past 2 – 3 months I did a total of 20,000 calories worth of treadmill cardio which took about 30 hours. Low body fat % is only useful and aesthetic with a base of muscle. My compound lifts have drastically gone up. Squatting 265lb Benching 170lb for 5×5 give or take. My one rep max will probably be 300lb for squat and 200lb for bench which isn’t bad for a 175lb frame. I can definitely do better though.
Passive income is really great. To earn as much passively in a quarter as I did with my first paycheque at 22 is wonderful and I’m grateful but I can do better. Money is something I think very little about nowadays unless I spot a good investment opportunity. Although having always advocated passive index investing I’ve dived into active investing and bought some Tesla and AliBaba shares @$191 and $160 respectively.
income | expenses | total | |
---|---|---|---|
p2p side hustle apr | £23.46 £90.87 | - - | £23.46 £90.87 |
p2p side hustle may | £54.60 £118.46 | - - | £54.60 £118.46 |
p2p side hustle dividends jun | £17.72 £92.58 £1,637.17 | - £21.80 £71.16 | £17.72 £70.78 £1,566.01 |
q2 2019 total | £1,941.90 |
Tesla is now @$234 and Ali Baba is @$175. Life is very easy during a bull market because everyone and their dog makes money so I’m under no delusion I’m the next Warren Buffett. but I believe Tesla is going to go all the way. I might be wrong and lose a small % of my portfolio but if I’m right I’ll be going all the way with Tesla.
If only every day were like tuesday and wednesday. The difficult thing about investing for most people is being emotionally indifferent regardless what happens. When the market goes up I don’t celebrate because I can always do better. When the market plummets and everyone panics I don’t care and just keep on investing. People unfortunately often panic sell and end up losing lots of money. Investing is a zero sum game and I suspect the vast majority of investors lose money.
I prefer investing in shares that have a good potential for capital growth, and not just rely on dividends. My passive income reports never tell the full story because a significant amount of my annual return is from capital appreciation as you can see from one of my accounts.
in total my investments have appreciated ~£4,000 in 48 hours which even trumps my monthly salary which is laughable. I can do better though
if you like reading then you can get a 30-day free trial of kindle unlimited. This becomes a 3-month free trial if you’re a prime member. I don’t really have the patience to read so I prefer listening to audiobooks on my drive to work or when I travel between Dundee and Glasgow. You can get a 30-day free trial of Audible here.
thanks for the regular updates. what trading platform do you use?
I would recommend HL for beginners as they have the best user interface, but their fees are slightly higher. I use HL and fidelity
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