The latest results show I've slipped back relative to this benchmark since 2007, which is rather disappointing, but probably unavoidable as my investment strategy involves geared investments in stocks and Sydney property - not the best choice in recent times!
I'm at a bit of a disadvantage when competing against the rich list cut-off, as the list is biased towards those who have done well (ie. those who under perform are automatically culled from the list of 200 and replaced by those who have done well). It would be more relevant to compare my progress to the total wealth of a fixed cohort - for example those 200 people that were on the list in, say, 2000. But unfortunately BRW readers probably aren't interested in the fate of those who have dropped off the "rich list" each year.
On the other hand, my annual salary income is probably a larger fraction of my net worth than most people on the BRW rich list, so in theory I should be able to boost my performance relative to the "rich list" by saving like mad. So far it hasn't worked out that way, with my savings having little impact compared to the diabolical performance of my investment portfolio.
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