Forgive my ignorance it may be the late hour, but if you earn $70k gross how the heck did you save $55k nett in 8 mths?
Sorry I know it's a bit confusing! I didn't explain it fully. I didn't save 55k in 8 months, I just had 55k after 8 months
Because i'm freelance my income fluctuates, I go through quiet and busy cycles, and the past 8 months is an inaccurate snapshot of my true annual income. I also had shares which I recently sold (and were worth a lot more before the bloody bust!) in anticipation for another IP purchase, but I bought the shares 12 months ago. But they all add up to help with the new IP deposit.
Finally - 70k is a close but still a rough figure since i'm ultimately self employed.
In other words, I can't sustain this level of saving