Tuesday, 1 December 2015

November 2015 Review

November saw my net worth increase by 1.1%. Investments were pretty flat but i increased my property value and had some savings despite higher expenses.

The value of my investment portfolio was up 0.6%. There is still a fair amount of volatility in the markets but over the course of a month it ended up fairly flat.  It was a decent month for dividends, although there were no new investments.

Pension unit prices were also fairly flat for the month.

Rental income on both properties was paid in full & although one was slightly late. This is the first time i've had a late rental payment but it looks like an innocent mistake. I increased the recorded value of one of my properties following continual increases in the local market.  The new value is still around 8-10% lower than the supposed 'market value' but i prefer to lag market trends and also like to keep the value at a slight discount, reflecting likely costs associated with any future sale.

Cash balances were higher although savings were lower than average following some travel.

Year to date net worth growth: 17%
Year to date savings rate: 66%