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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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