October 2017 Review

October saw my net worth increase by 1% driven by very strong income and investment gains

The value of my investment portfolio was up over 1% with continues strength in equities markets. There were noticeably more down days in the month, possibly a sign sentiment is turning? I guess we'll see but markets have been remarkably strong this year so a correction seems long overdue.

Pension unit values were also around 1% higher in line with equities performance

Property income was high.  One tenant paid another 6 months rent upfront, 2 others paid on time and my problem tenants in the remaining property have now left.  Once some maintenance issues are addressed this property should be back on the market within a couple of weeks.

Cash balances were higher on strong income although expenses were high. Despite this including some travel expense and another two years of gym membership, underlying expenses were also higher than usual. Something to keep an eye on.


Year to date net worth growth: 19.1%
Year to date savings rate: 68%

September 2017 Review

September saw my net worth increase by 0.8% driven by good income, moderate expenses and a flatter month in the markets.

The value of my investment portfolio was marginally lower, i think this was more to do with fx (strengthening GBP against HKD assets) than the underlying performance of equities

Pension unit values were slightly higher, but not a significant movement

Property income was in line with expectations.  Two tenants paid on time and the eviction of a problem tenant is still rumbling on longer than hoped.  One tenant has just extended for another year, which helps to keep costs down.

Cash balances were higher on strong income and moderate expenses. Cash is creeping above 30% of gross assets again which is usually a sign its time to look at new investment opportunities!


Year to date net worth growth: 17.9%
Year to date savings rate: 70%