May 2016 Review

May saw my net worth increase by 0.4% with a weaker month and higher expenses than usual.

The value of my investment portfolio fell by around 1.5% although it had been down a lot more in the middle of the month.  HK seems to be lagging behind most global markets which is suppressing the overall portfolio value.  There were also not many dividends this month, although a number of ETFs are due to pay in June. I made some small additions to my HK and Asia ETF positions during the fall in markets in early to mid May.

Pension unit prices were fairly flat, but had been down a lot mid-month, before a rally in the last week.  My pension is quite heavily weighted towards HK which doesn't help.

There has been a slight delay on part of one of my property rental payments, although i think this is an admin issue with the tenant having previously paid in advance and forgetting to restart. Fingers crossed it is rectified shortly.

Cash balances were slightly higher despite a couple of small investments and higher than average expenses. I need to take a closer look at what is driving the more general increase in expenses as it is starting to move well ahead of plan.  However, part of this is extra gym costs which will be a recurring theme as i make more effort with fitness, and part was a one off treat this month.


Year to date net worth growth: 12.9%
Year to date savings rate: 75%