Friday 1 March 2024

Net Worth - FEB 2024

Chart updated to end of February in sidebar.

Stocks/cash increased $3,243 (+1.35%) to $243,959. (This isn't as much as you would expect, because I lump my various cash accounts into the 'stocks' category -- my 'liquid' cash in various accounts is about $184,452.31. Most of it is sitting in my mortgage offset account, so effectively 'earns' 6.54% by reducing the monthly interest charged on my investment property mortgage).

Retirement savings (SMSF etc) increased by $49,646 (2.96%) to $1,728,146 in line with the market trend and our asset allocation.

Est. valuation of our home (my half) increased by $776 (0.07%) to $1,139,053. The 'Other real estate' (my 'lake house' and the investment apartment) increased by $13,270 (0.63%) to $2,108,010.

The outstanding balance of the investment property mortgage remains at $999,993 during the 'interest only' period of the mortgage. Another 4 years remain of the 'interest only' period.

Other assets (my online depository bullion account at  Perth Mint, and the bullion value of my gold and silver proof coin collection) increased by $376 (1.00%) to $38,032.

Overall, NW increased by $67,313 (1.60%) to $4,265,207 during February.

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