The Birthday blog - 61yo on 8th November 2020

This is the annual anniversary "Pension Builder" blog post - which reminds me that it's about time I changed the profile photo which was taken just before my 50th birthday!

The SIPP portfolio as at close of business on Friday 6th November 2020 is as per the table below.  What I'm proud of is since 1st August 2012 - over 8 years ago - I've averaged growth of 12.85%pa. Sure, if I'd put my entire SIPP into the Scottish Mortgage Investment Trust (SMT) then I'd be looking at a SIPP value well over £600,000 now, maybe more - but that would take a lot of trust!  I'm a big supporter of Investment Trusts, and if I had chosen a basket of IT's like SMT, such as Allianze Technology Trust (ATT), Edinburgh Worldwide IT (EWI), or even Monks IT (MNKS), then I'd have well-beaten my own investment performance.

It has been one helluva year for all of us, never mind the SIPP which has seen its own highs and lows in the past 12 months.  Just take a look at this graph of the Portfolio Value over the past 12 months!

There's  a lot of information to post on this blog, and it's likely to take me a bit of time, as I'm also going to take stock of my current financial position and look to reflect, and possibly rebalance the portfolio to take the best advantage not just of the next 12 months but for the next 5 years.