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Sunday, 3 February 2013

Net Worth Update: January 2013

January again saw substantial increases in the values of both our real estate and stock market investments (hence there was also a rise in the value of our retirement savings/SMSF trust).

It looks as if the stock market pundits 'predictions' that the ASX200 may hit 5,000 by the end of 2013 may be fulfilled sooner rather than later, and another good month could see my NW exceed A$1m again sooner than I had thought possible. Of course that may prove short-lived yet again... just as things appear to be settling down in the Eurozone and continue to stumble along in the US, tensions in the China sea (and China's military growth as an up-and-coming superpower) are giving global investors something else to worry about.

Assets___________$ Amount______$ Diff_____% Diff 
Stocks_*___________$1,734_____+$1,734______n/a % 
Retirement_______$460,275____+$22,405____+5.12 % 
Properties_______$886,602_____+$3,109____+0.35 % 

Debts____________$ Amount_____$ Diff_____% Diff 
Home Mortgage(s)_$363,679_______-$101_____-0.03 % 

Net Worth________$984,932____+$42,428____+4.50 %

* the Stocks figure is portfolio value - margin loans

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Long said...

Even though most of your net worth is in your equity, it's quite impressive.

Loving your tagline! Also, have you thought about using tables in your posts? It might be easier to format your net worth chart.

S. B. said...

I see our respective portfolios are gradually getting back to the old highs. Are you still levered as you were before? said...

I might try some simple table html, but I'm not sure how well blogger will handle it...

My leverage reduced a bit in the second quarter of 2008 when the market lows forced some stock sales in order to avoid getting margin calls. I haven't geared back up as the market recovered slightly, and going forward I intend to use proceeds from liquidation of the 'capital protected' hedge fund investments (when they reach their maturity dates) to retire the associated borrowings I used to fund these purchases. So overall I expect the amount of margin loan debt to decrease over the next 2-3 years and then remain constant. If the markets go up over the next 10-15 years this will result in my leverage will slowly declining.

I have added a bit of leverage within our SMSF by purchasing a small number of IQ CFDs (ASX200 index). They add about 10% gearing to our SMSF.