March saw my net worth increase by 9% mainly as a result of a large lump sum income, along with improved market performance.
The value of my investment portfolio increased by over 2% with a slow but steady rally in equities for most of the month. There were no new investments and handful of dividends.
Pension unit prices were up around 3% following a pick up in most equities markets.
Rental income on both properties was paid in full, with one paying a couple of months in advance following a late payment last month.
Cash balances were significantly higher with a large lump sum income in the month. This will probably stay deployed in savings accounts for now as i don't have any significant investments planned, although i may be helping with a family property purchase in the near future. Expenses were slightly higher than average following a laptop repair and some travel, but not excessive.
As a result of high income my std savings rate is very high, but this should drift down to around 60% through the year.
Year to date net worth growth: 10.7%
Year to date savings rate: 81%
Saturday, 26 March 2016
Sunday, 28 February 2016
February 2016 Review
February saw my net worth increase by 1%. Investment performance improved and expenses were low.
The value of my investment portfolio increased by just under 1%. For most of the month this was looking lower but markets picked up in the past few days. There were no new investments in the month and no significant dividends received.
Pension unit prices were fairly flat, although the UK based fund seemed to perform better than the HK funds.
Rental income on both properties was paid in full although one was paid late. I'm not too concerned at this stage as it seems the tenant is making an effort to resolve the issue and may potentially pay a few months in advance next month.
Cash balances were higher as expenses were low. I also made an adjustment to release some tax accrual which also contributed to the improvement this month.
Year to date net worth growth: 1.3%
Year to date savings rate: 53%
The value of my investment portfolio increased by just under 1%. For most of the month this was looking lower but markets picked up in the past few days. There were no new investments in the month and no significant dividends received.
Pension unit prices were fairly flat, although the UK based fund seemed to perform better than the HK funds.
Rental income on both properties was paid in full although one was paid late. I'm not too concerned at this stage as it seems the tenant is making an effort to resolve the issue and may potentially pay a few months in advance next month.
Cash balances were higher as expenses were low. I also made an adjustment to release some tax accrual which also contributed to the improvement this month.
Year to date net worth growth: 1.3%
Year to date savings rate: 53%
Saturday, 30 January 2016
January 2016 Review
January saw my net worth increase by 0.3%. Investment and pension funds continued to struggle but fx movements were favourable.
The value of my investment portfolio was fairly flat after adjusting for fx. This was largely thanks to a rally at the end of the month, with volatility throughout the month. There were no signifiant purchases, it is difficult to have much confidence to invest right now.
Pension unit prices were down around 2%, i don't think the month end rally is reflected yet in unit values.
Rental income on both properties was paid in full & on time.
Cash balances were lower with a large annual tax payment (which was accrued) and some planned travel costs.
Year to date net worth growth: 0.3%
Year to date savings rate: 38%
The value of my investment portfolio was fairly flat after adjusting for fx. This was largely thanks to a rally at the end of the month, with volatility throughout the month. There were no signifiant purchases, it is difficult to have much confidence to invest right now.
Pension unit prices were down around 2%, i don't think the month end rally is reflected yet in unit values.
Rental income on both properties was paid in full & on time.
Cash balances were lower with a large annual tax payment (which was accrued) and some planned travel costs.
Year to date net worth growth: 0.3%
Year to date savings rate: 38%
Wednesday, 6 January 2016
December 2015 Review
December saw my net worth increase by 0.8%. Investment and pension performance was poor but savings were healthy & property continued to appreciate. Due to some travel my financial year ended on 6th January and as a result it included the sharp drop in equities over the last few days.
The value of my investment portfolio was down 3.3%. The last few days saw a sharp drop in a number of equities markets and i'm considering further investments as a result. During December i added to my FTSE100 ETF and received a lot of dividends.
Pension unit prices were also down around 3% with weakness in equities over the past few days.
Rental income on both properties was paid in full & on time. One of the tenants has just extended their lease at the same rent. I increased the recorded value of one of my properties again following continual increases in the local market, but this still lags the market price by around 10%.
Cash balances were higher as savings exceeded new investments. Income was higher than usual due to a number of dividends & higher interest income in the month.
A full 2015 review and a look ahead to 2016 will follow shortly
Year to date net worth growth: 18%
Year to date savings rate: 65%
The value of my investment portfolio was down 3.3%. The last few days saw a sharp drop in a number of equities markets and i'm considering further investments as a result. During December i added to my FTSE100 ETF and received a lot of dividends.
Pension unit prices were also down around 3% with weakness in equities over the past few days.
Rental income on both properties was paid in full & on time. One of the tenants has just extended their lease at the same rent. I increased the recorded value of one of my properties again following continual increases in the local market, but this still lags the market price by around 10%.
Cash balances were higher as savings exceeded new investments. Income was higher than usual due to a number of dividends & higher interest income in the month.
A full 2015 review and a look ahead to 2016 will follow shortly
Year to date net worth growth: 18%
Year to date savings rate: 65%
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%
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%
Subscribe to:
Posts (Atom)