April saw my net worth increase by 3.3%, with positive movements in all major asset categories.
The value of my investment portfolio increased by around 0.7%. Purchases were limited to standing monthly purchases of the HK & China indices, with no dividends in the month. I am still in two minds about whether to continue increasing my exposure to China but the monthly investment is currently very small.
My pension fund unit values increased by around 2%, with gains mainly in western equities.
Property rental income was paid in full & on time with no additional expenses. I increased the recorded value of my property by another 5% following strong market increases & local sales. It is still held at around 10% below the implied market value, reflecting my skepticism around the sustainability of current valuations.
Cash balances increased with good income & average expenses. The month's expenses included holiday expenditure that had been budgeted for.
Year to date net worth growth: 15.7%
Year to date savings rate: 76%
No comments:
Post a Comment