Saturday, 30 December 2017

December 2017 Review

December saw my net worth flat, as investment gains and savings were offset by updating the fx rates used on my assets. In particular GBP has strengthened around 5% against USD & HKD since i last updated the rate, so the value of all my HKD & USD assets dropped when translated back to my base currency GBP.

The value of my investment portfolio was flat.  Whilst equities performed strongly, the fx adjustment offset these gains.

Pension unit values were also flat, with valuation increases offset by fx adjustments.

Property income was good. One property remains unoccupied, whilst there have been viewing the market tends to be flat over the holiday period. There's a potentially large maintenance expense currently under discussion which may happen in early 2018.  I'm also looking into additional potential property investments given my growing cash position.

Cash balances were higher with strong income and reasonable expenses considering a lot of travel and the holiday season.   A full 2017 report will follow.

Year to date net worth growth: 20.3%
Year to date savings rate: 67%