The Retirement Plan…continued
Hi all,
For new readers we will recap the premise of this on-going series which began in September with the catchy headline of
Retire in 10 years with £905,539.40 in the Bank starting with just £100
The original article relating to the Retirement Plan can be found here.
In essence the piece talks about achieving a nominal profit each day and then reinvesting that to compound the growth.
We decided to use the selections from the Soccer Bank Builder service details of which can be found here.
Results to Date
Month 1
We started on the 1st of August and used a daily target of 1% growth of the original bank which was 100 pounds.
August had a mixture of long winning runs and a number of setbacks and overall, the 31 selections produced 26 winners (83.87% Strike Rate) and the revised bank at the end of the first month sat at £122.39.
Although this is below where the target was, it still represents a growth of +22.39% on the original £100 bank.
Month 2
September met with an early setback when the Danish game between Hobro and B93 ended with a win for the away side when we were on the double chance (home/draw).
After quite a topsy-turvy month September ended with a revised bank of £128.27, so overall no harm done, but not quite where we had hoped to be on the Retirement Plan schedule.
Month 3
The first trio of bets all went well but on the 4th Marseille were held to a 1-1 draw by Angers which knocked the bank back somewhat. The recovery calculation tripped in and Saturday’s selection, Arsenal, were comfortable winners at home to Southampton. The weekend was wrapped up with another winner, so the bank had moved back to 144.12.
October included breaks in the main Leagues for International matches but overall ended with the revised bank sitting at 217.23.
Month 4
The latest completed month, November, proved to be the lowest performing so far with 17 winners and 7 losing selections (70.83% Strike Rate).
Having started with a bank of 217.23 the final day ended on 228.70, so a growth of +5.28% but somewhat short of the objective tally of 336.67.
Month 5 December 2024
The headlines for the latest completed month, December, was 21 winners from the 28 selections (75% Strike Rate).
We started December with a run of 5 winners but then Braga were held to a 2-2 draw by Estoril. We then went on a 7-win streak before the next loser, followed by 6 further winners before the third loser tripped in. Unfortunately, the very next one lost. We had one more winning selection before a short pause over the Festive Period.
We resumed on Boxing Day with a loser between Liverpool and Leicester as the selection was for Liverpool to be leading at half-time, but the match was level at 1-1 after the whistle for the first half was blown. Ironically Liverpool went onto win 3-1.
A duo of wins followed but the month ended with another 2 losers which took the bank down to 182.40. That represented a loss to the start bank during December of 20.24%. The other significance was with the 1% daily target and the recovery staking the daily target profit tripled and at the odds involved the stakes were getting relatively high.
As it stands although we are far short of the target bank at the end of 2024 of 458.32, the 182.40 still had us in the game and +82.4% growth in the starting bank of 100.
A summary of the results so far
Month 1 grew the bank by +22.39%
Month 2 grew the bank by +4.80%
Month 3 grew the bank by +69.35%
Month 4 grew the bank by +5.28%
Month 5 saw the bank shrink by 20.24%
Until next time
Steve Carter
