March saw my net worth increase by 9.2%, with a large lump sum income adding to cash reserves.
The value of my investment portfolio was broadly flat but paid higher than average dividends. Purchases included the RMB bond ETF and China equities. Whilst there was a lot of volatility during the month, the movements all generally offset each other.
My pension fund unit values fell by around 1%, mainly due to weaker HK equities.
Property rental income was paid in full & on time.
Cash balances increased materially with high income. Expenses were also high with a few personal treats but nothing too extravagant. March income tends to have a distorting impact on year to date performance and i expect my savings rate to drift back down as the year progresses.
Year to date net worth growth: 12.1%
Year to date savings rate: 79%
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