February saw my positive start to the year continue, with a net worth increase of 1.6% for the month.
My investment portfolio continued its positive trend, increasing by just over 1%. The ETFs performed well, despite a few volatile days around the Italian election. There were no major new investments in the month apart from a small standing monthly purchase of the HK index tracker. Gold fell by around 4%, which limited the growth of the overall portfolio.
My pension funds also continued their positive run, increasing by around 1% on top of the monthly contributions.
My property was occupied, and the tenant agreed to stay for another year at the same rent. I expect some maintenance costs to come through in March or April as a few issues have recently emerged, nothing too serious though.
Cash balances increased with a much healthier savings rate for the month, expenses were broadly in line with plan. Cash remains above target and is expected to grow with a couple of positive one-offs expected in March. I remain on the lookout for more investment opportunities.
On a year to date basis, my net worth has increased by 3.4%.