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As I said earlier, my standard against which I will measure performance will be first of all the Vanguard All World High Income tracker. The performance of the global income ETF over the year-to-date has been fairly flat. My Vanguard UK Equity Income account has provided a total return of 3.5% including the half-yearly distribution at end June. Although only put into the portfolio lately, the year-to-date come back for the VLS60 fund has been 3.0%. This signifies the largest single keeping in my profile now.

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The value of the stock portfolio in the beginning of 2015 was £35,106 compared to the current value of £35,338 – a growth of £232. The collectives income profile has therefore provided a return of 0.66% within the last 7 months. With a couple of exceptions mentioned, I am reasonably happy with the profile performance for the year so far, the predictability of income especially.

As I absolutely rely on the income from my investments to pay the bills and put food on the table, the objective of the income portfolio is to produce a dependable and rising income. Capital appreciation is always welcome but will follow the ups and downs of the general stock market largely. Last years dividends of £1,222 were (prematurely) reinvested in the addition of Blackrock Commodities trust. The continual reinvesting of dividends is a sure-fire way to turbo charge your investment returns over the long run.

I have relocated some of the portfolio into the build up version of Vanguard LS 60 finance so you will see no distribution of income. The year At the start of, the year was £1 my target income for,365. Whilst its very difficult if not impossible to forecast capital profits always, we are more than half way through the year and I remain fairly self-confident the income figure will be there or thereabouts by the finish of December.