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Wednesday, 5 March 2014

Net Worth: February 2014

February saw a rebound in the stock market that provided a nice boost to my geared stock portfolio and also to my SMSF account. In fact this month saw a new high reached in my net worth, however this wasn't too exciting given the previous high was way back in 2007. After adjusting for inflation there is probably no net rise in net worth over the past seven years, which is fairly mediocre considering I am 'saving' about $40,000 each year (via superannuation savings and also indirectly by servicing the interest payments on my geared investment loans). However, considering the size of the hit my net worth took in 2008 it could be much worse!

Assets$ Amount$ Diff% Diff
Stocks *$245,013$25,717n/a
Retirement$588,025$21,1773.74%
Properties$482,465$3,1090.65%
Debts ^$ Amount $ Diff% Diff
Home Mortgage(s)$102,395$100.01%
Net Worth$1,213,108$49,9934.30%
* the Stocks figure is portfolio value - margin loans. The LVR is around 80% overall.
^ doesn't include the ~$675,000 of investment loans, as these are already deducted when calculating the value of my geared stock portfolio.

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Net Worth: January 2014

There was almost no change in my net worth during January as the drop in value of my SMSF account balance was almost exactly offset by the increase in estimated house equity. Despite the slight down-turn in the stock market, my geared stock portfolio ended the month almost unchanged.

Assets$ Amount$ Diff% Diff
Stocks *$219,296$645n/a
Retirement$566,848-$4,787-0.84%
Properties$479,356$4,1460.87%
Debts ^$ Amount $ Diff% Diff
Home Mortgage(s)$102,385$90.01%
Net Worth$1,163,115$50.00%
* the Stocks figure is portfolio value - margin loans. The LVR is around 80% overall.
^ doesn't include the ~$675,000 of investment loans, as these are already deducted when calculating the value of my geared stock portfolio.

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