Saturday Savers Club Progress week 21 - decent all round gains

Its week 21 (26/05/24) of my savings focus for 2024 with the Saturday Savers Club which is a great Hive community initiative run by @shanibeer writing as @sally-saver on the @eddie-earner account.

My goals for this year are:

• Primary goal - to increase my HP by 7500, to 18500 HP,
• Secondary goal - to increase my HP delegation to @eds-vote by 1000 HP, to 3000 HP (because I want to accumulate more of the EDS token).

I will also be continuing to increase my holding of investment tokens, and delegating HP to a number of good community curation accounts as well.

This weeks pic - We are away for a few days break in North Wales. Our accommodation is on the Ilse of Anglesey, high up looking out over the Menai Straits. Its opposite Bangor (which is on the mainland) and thats Bangor Pier you can see, with a lovely view of the mountains in the background.

Weekly Investment Focus

• HBD:HIVE trading went pretty well considering there wasnt a huge amount of movement in the price of HIVE (range of $0.308 to $0.331), with 28 trades going through. I'm basically still benefiting from extending my low end trading range - wish I'd done it earlier !,

Weekly Stats

Weekly commentary

• HP Gain: I gained +75 HP during the week. Which is pretty lucky considering that I didnt post that much last week,
• HP Passive: 18.83 of my HP gain this week came from curation (not really passive) and HP APR. I'm happy when I see this figure each week, because I didnt have to do too much to get it !,
• HP goal: My HP total now stands at 12687 HP and I need a further 5813 HP to hit my primary goal of 18500 HP. At 31 weeks to go, that requires 185 per week (an increase of 4 HP). Its looking doubtful as to whether I'll hit my 18.5K HP target this year - but I'll keep pushing for it,
• HP delegation to @eds-vote: My HP delegation to @eds-vote increased by +15HP to 2199 HP. I need to delegate another 801 to hit my secondary target to raise my total delegation to 3000 HP. That will require an average of 25.6 HP delegated per week to hit it, which I should achieve (in any case, I will do what needs to be done to hit it by the end of the year),
• HP delegation to curation accounts: I added +14 HP to my @qurator HP delegation this past week, and my total now stands at 125 HP. My goal is to have a total of 250 HP delegated to that account, so I'm half way there !,
• HP delegation to curation accounts: The main aim of these community delegations is to support these great curation accounts that have certainly helped me along the way to where I am now, but I'm also getting nice daily drips of HIVE as a result from @ocdb, @qurator and @curangel as they pass on their curation income to delegators, which is a nice little bonus !
  I tend to reinvest those HIVE drips from the curation accounts back into my HBD:HIVE trading fund, giving a nice little synergy to growing another income stream. Its a shame to say, but pinmapple is going to stop in early June, which I will miss very much. I will remove my delegation to it at that point, and add what is there to one of the other accounts - but I will keep supporting it with that delegation until it stops,
• LEO (which includes LP): I gained 35 LEO this week, which is a little higher than my 12 week rolling average (of 33 LEO per week), which is great. That comes from my Inelo posting and curation activity, my HP delegation to @leo-voter and also my LP delegation to @india-leo.
• HP delegation to @leo-voter: I added 1 HP (!) to my delegation to @leo-voter this week (actually it was due to HP APR growth). I do intend to add to it further later in the year (after my curation account and @eds-vote delegation targets have been completed) but am monitoring it anyway because its an important part of my LEO growth strategy,
• EDS: I gained +2.5 EDS which is a nice amount. My 2199 HP delegation to @eds-vote brought in +1.9 EDS this week. The rest of the gain seen came from the mining lottery for holding EDSMMs (I have 146 of those) and the weekly drip from holding 7 EDSD (which was 0.04 EDS this week). I selected increasing my delegation to @eds-vote as my secondary goal as I'm really keen to keep accumulating EDS, and focusing on the HP delegation works well with my primary goal of increasing my HP total,
• HBD:HIVE Trading: I had 28 trades go through for a total gain of around 28 HIVE, which was pretty good considering there was not a huge amount of movement on the range of the price of HIVE this week. Its great to see this working well, and gives me the incentive to keep focusing on it and adding to my trading fund, which helps to increase the profit per trade.

Plan for the coming week

• Regular Posting: Regular posting (daily) is the key to HP growth. I've been a bit lax this week, but I'll see if I can get back to more regular posting this coming week,
• Posting via Inleo: I'm continuing to post mostly using Inleo due to the extra LEO this will generate. Its making a difference, as is having Premium,
• Curation: To be active in HIVE Blog curation to help with HIVE curation rewards. I try to keep my voting mana between 80 to 90%,
• Undelegated HP: To continue to increase undelegated HP in order to improve HIVE curation rewards,
• HBD:HIVE trading: To continue with HBD:HIVE trading. I'm going to keep adding more funds to my trading capital from post payouts over the coming weeks. HBD:HIVE trading has been working well for me, so I may as well take advantage of that and try to increase the profits on my trades - increasing my trading capital will help to make that happen,
• HP delegation to @eds-vote: This weeks delegation of 10% of my weekly HP income to @eds-vote will add a further 8 HP,
• HP delegation to curation accounts: This weeks delegation of 10% of my weekly HP income to community curation accounts will add a further 8 HP to my @qurator delegation.

Summary

I've had a pretty good week considering that I wasnt really that active, so I simply cant complain at all. I didnt post that much over the last week, so need to get back to it in order to keep the HP gains coming in.

My Tribe Token Investment Project

My experiment with 8 different tribe tokens on my alt account @hoosieboy is moving along nicely. The experiment is designed to grow semi-passively via staking, curation, posting and rebalancing - in a way where the methods should work together and add constructively. Everything gets re-invested back into curation accounts for the same 8 tribe tokens, so it also provides a positive boost to those tribes.

I'm due another rebalance. There has been quite a bit of turbulence in the layer-2 markets, hence is been a bit up and down of late. The last rebalance incurred a very small loss in value, but the overall number of tokens continued to increase, which is the main focus at this point in time. You can check out my latest rebalance post on my @hoosieboy alt account here.

And as a reminder:

• It will be Hive Power Up Day (HPUD) next saturday - the 1st of June - can you believe how quickly the year is flying in ?!,
• This weeks Savers of the Week post went live on friday (here). The awards for those selected are quite nice ! We are looking for inciteful content that shows how you are saving, growing and investing. Each of the 4 nominees gets 15% of the notification post payout and 5 HSBIs - so it can work out as a nice little boost to all selected ! So make sure you are creating your weekly savings posts, and tagging them in the comments of the weekly post from susie-saver on the @eddie-earner account - you've got a very good chance of getting selected !

Interested in the Saturday Savers Club ? Check out their latest posts here.

Posted Using InLeo Alpha