It has been a brilliant year for the SIPP, as this time last year the overall value was about £115,000 and since then I have only made contributions of £9,000 - so "growth" has been £32,000 or over 27% of the value of the SIPP at the start of the year. It's is not an accurate calculation, but a simple enough calculation of growth that's easy to understand. The main thing is that I use the same method of calculation every year, as consistency is the key.
My target was £153,000 and at one point the SIPP was going so well that I revised the target to an end-of-year value of £170,000. Unfortunately, the momentum could not be maintained (although had I stuck to my original plan I would have hit the revised target value - see below), but £156,000 is a fantastic result.
It has not all been good news, as I've made a few mistakes along the way - not least selling my Bitcoin holdings (equivalent of 5 coins bought at an average of US$2400) at US$6900. While I was telling everyone else to buy and hold, I thought I knew better - sold on a dip hoping to buy-back in at a lower level, missed the "bounce" and didn't have the guts to admit I called it wrong and buy back in at a higher level than I sold out at. As such, I have basically missed out on US$50,000 (about £37,000).
The target value for the SIPP for 8th November 2018 is £186,000 calculated as follows:-
Target for 8th November 2017 = £153,000
Growth @ 15% pa = £22,950
Contributions: 12 @ £750 = £9,000
Growth on contributions 7.5% = £675
Total = £185,625
BAE Systems PLC (BA.) Holding = 1,404 shares
ICG Enterprise Trust (ICGT) Holding = 917 shares
Cash = £16,865.09
Total SIPP Value = £156,280.00 (mid-morning 20th December 2017)