It's Saturday, and that means it's time for my #SaturdaySavers update !
I was bad last week and didn't do one, but that's mainly because I was away on Saturday and Sunday - the plan was to do it when I got home late Sunday afternoon, but I was totally exhausted by a weekend of re-enacting in driving rain that all I wanted to do was have a shower and sleep. It then took about 3 days to get the rust off my musket and everything dried off.....
Image created by AI in NightCafe Studio. An autumnal lion !
Here's my table of progress for the last fortnight. Bear in mind that gains are for two weeks;
How Did The Week Go ?
HP and Post Numbers
Overall, it was a steady and average fortnight. I'm not quite hitting the post targets, and it's notable that the HP and post percentages match, which suggests that if I pulled my finger out and made more posts (but decent quality ones !) then I could hit the goal.
Tuesday next week is HPUD, so that'll make a difference; I was able to find the fiat to buy some liquid HIVE at a decent price. About a third of it is earmarked for HPUD, and another third for use buying HBD when the price is right. The rest is a mix of holding it to buy SBI's for people, and some I may use for a couple of experiments.
HBD
HBD is also down, but that's because I haven't been DCA'ing in while the price of HIVE is so low. It's gone up a bit in the last few days, and I've created a few trades within Hivedex so that if the price goes over certain thresholds it'll automatically buy me some HBD. With the reduced interest rate, I need around 330 more HBD to get back over my soft target of 30 HBD interest earned each month.
One thing I can't find anywhere in Hivedex (maybe someone can help me !) is any kind of reference to fees they charge. There's a small difference between the prices in CoinGecko and HiveDex, but I don't know if that's just lag rather than slippage to cover their costs.
A factor I have to consider with HBD is the value of the US dollar in relation to GBP. Right now, GBP continues to strengthen in relation to the dollar (or maybe the dollar is crashing in relation to everything else). Since June, the exchange rate has gone from $1.26 to the pound to $1.34, devaluing anything held in dollars by about 7%.
LEO
LEO is one target I've already hit. I'm just going to keep going with it to see how far it goes. But I'll have to find more ways of getting liquid LEO in order to avoid having to buy some each LPUD !
EDS
EDSD is also one where I've hit my goal. In retrospect I may have been a bit unambitious with it, which will be something to bear in mind when I set next year's goals. Still one of my favourite projects 😁
So all in all, things are mostly just plodding along nicely. I'm looking forward to HPUD next week, and hopefully the prices for both HIVE and LEO will start moving upward consistently.
I hope you all have wonderful weeks, and look forward to reading your updates !
If you're not familiar with SaturdaySavers, it's a fabulous initiative run by @shanibeer writing as @sally-saver on the @eddie-earner account, where we all support each other in getting to our savings goals.
If you are one of my friends reading this (or just someone who tripped over one of my posts), I really recommend this as a great community that's well worth joining.
I'm normally very disorganised about saving, and the support of the wonderful people in #SaturdaySavers has been invaluable in keeping me focused. I can honestly say that without it, my HP would probably be half what it is now.
So join ! You don't have to wait until the start of the year. The best time to start saving is ten years ago. The second best time is right now !
