This has been rather a momentous month in our household as my husband has now retired completely and my youngest son achieved his Doctorate. We've been out and about a lot and have just got back from the Dentdale Beer and Music festival (they ran out of beer on the Saturday evening would you believe :-)) where we spent a couple of nights in a tent for the first time in years and enjoyed it well enough, despite the midges, to be planning another camping expedition some time soon.
Moving forward into July feels like the start of a new stage in our lives so taking stock at the end of this month has been happening on all sorts of levels, not just financial, however our portfolio update is here.
During June I moved about £15,000 out of investments and into cash (or cash-like) accounts. This is money we will likely need in the shortish term. I also applied to transfer my CIS FSAVC to my Fidelity SIPP and sold £500 of my AXA Framlington Biotech Fund in order to take some more of the profits it has gained over the 8 months since I bought it. Luckily all this was done before the recent slight drop in the markets. (Our combined portfolio is down 3.3% this month.)
The possibility of Voluntary Redundancy/Early Retirement has receded a little as my boss has been told by HR that he should get rid of the contractors he employs before he can offer VR to permanent members of staff. He is contending this because being forced to achieve the level of cuts he needs to make by losing contractors, would mean that he has to shed 75% of the staff working in a particular part of the service he manages. I'm intending to just plod on as normal, wait and see what happens, but make sure I keep all my options open particularly with regards to my AVC/SIPP contributions.
I hope everyone enjoys the sunshine this week :-)