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Sunday, 13 April 2014

New Worth: March 2014

The net value of my geared stock portfolio and retirement account (SMSF) were both down slightly over the past month, having suffered a significant dip due to the global stock market being affected by the Crimean Peninsula tensions which were only partially recovered towards the end of the month.

The Stocks figure was also reduced by about $13,000 this month due to costs associated with the transfer of my parent's hobby farm into my name during the past month (my 'inheritance'). I was initially not going to include the market valuation for this property in my net worth calculations, but as the transfer and ongoing costs will be incorporated I may as well include the value of this 'asset' (although, as I intend to pass this property on to my sons in my will, it should be considered a non-liquid asset).

The remaining amount shown for 'properties' and 'home mortgage(s)' is my half of these figures. As usual, I don't include assets or liabilities belonging to DW, DS1 or DS2 in my net worth figures (which is why I was initially not going to include the value of the hobby farm mentioned above).

Assets$ Amount$ Diff% Diff
Stocks *$236,454-$8,559n/a
Retirement$580,913-$7,112-1.21%
Home$483,501$1,0360.21%
Farm$325,000$325,000n/a
Debts ^$ Amount $ Diff% Diff
Home Mortgage(s)$102,356-$39-0.04%
Net Worth$1,523,512$310,40425.59%
* 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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