January saw my net worth increase by 0.3%. Investment and pension funds continued to struggle but fx movements were favourable.
The value of my investment portfolio was fairly flat after adjusting for fx. This was largely thanks to a rally at the end of the month, with volatility throughout the month. There were no signifiant purchases, it is difficult to have much confidence to invest right now.
Pension unit prices were down around 2%, i don't think the month end rally is reflected yet in unit values.
Rental income on both properties was paid in full & on time.
Cash balances were lower with a large annual tax payment (which was accrued) and some planned travel costs.
Year to date net worth growth: 0.3%
Year to date savings rate: 38%
Saturday 30 January 2016
Wednesday 6 January 2016
December 2015 Review
December saw my net worth increase by 0.8%. Investment and pension performance was poor but savings were healthy & property continued to appreciate. Due to some travel my financial year ended on 6th January and as a result it included the sharp drop in equities over the last few days.
The value of my investment portfolio was down 3.3%. The last few days saw a sharp drop in a number of equities markets and i'm considering further investments as a result. During December i added to my FTSE100 ETF and received a lot of dividends.
Pension unit prices were also down around 3% with weakness in equities over the past few days.
Rental income on both properties was paid in full & on time. One of the tenants has just extended their lease at the same rent. I increased the recorded value of one of my properties again following continual increases in the local market, but this still lags the market price by around 10%.
Cash balances were higher as savings exceeded new investments. Income was higher than usual due to a number of dividends & higher interest income in the month.
A full 2015 review and a look ahead to 2016 will follow shortly
Year to date net worth growth: 18%
Year to date savings rate: 65%
The value of my investment portfolio was down 3.3%. The last few days saw a sharp drop in a number of equities markets and i'm considering further investments as a result. During December i added to my FTSE100 ETF and received a lot of dividends.
Pension unit prices were also down around 3% with weakness in equities over the past few days.
Rental income on both properties was paid in full & on time. One of the tenants has just extended their lease at the same rent. I increased the recorded value of one of my properties again following continual increases in the local market, but this still lags the market price by around 10%.
Cash balances were higher as savings exceeded new investments. Income was higher than usual due to a number of dividends & higher interest income in the month.
A full 2015 review and a look ahead to 2016 will follow shortly
Year to date net worth growth: 18%
Year to date savings rate: 65%
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