Saturday, 31 August 2013

August 2013 Review

August saw my net worth increase by 0.5%, with a medium savings rate partly offset by falls in investment and pension values.

The value of my investment portfolio decreased by around 1.5% with falls in many ETFs towards the end of the month. Gold and silver were slightly higher which cushioned the falls.

My pension fund unit values decreased broadly in line with the major equities indices.

My property remained occupied but the current tenant will be leaving in September.  Whilst i don't expect any vacant period, there will be a few turnover costs as a result. However, there may also be higher rent going forward which will be of benefit in the long run.

Cash balances increased but the savings rate was lower than usual, due to some large travel and leisure expenses. Some of these were planned so i'm not overly concerned.

Year to date net worth growth: 32%
Year to date savings rate: 74%

1 comment:

  1. That is a very impressive increase in net worth and an even more impressive savings rate!