Monday, 2 September 2024

Net Worth - AUG 2024

Chart updated to end of AUG in sidebar.

Stocks/cash increased $4,751 (+1.66%) to $291,570.

Retirement savings (SMSF etc) increased by $4,445 (+0.24%) to $1,857,921.

Est. valuation of our home (my half) increased by $22,672 (+1.92%) to $1,204,219. The 'Other real estate' (my 'lake house' and the investment apartment) also increased by $39,832 (+1.88%) to $2,160,222. The estimated valuations bounce around quite a bit from month-to-month depending on sales in the relevant suburbs, so I suspect the precision of these monthly figures is +/- 2%, and the accuracy perhaps +/-10% or more. But at least using a consistent methodology should provide a reasonable trend indication and magnitude of changes in valuation from year-to-year.

Other assets (my online depository bullion account at Perth Mint, and the bullion value of my gold and silver proof coin collection) decreased by $365 (-0.80%) to $45,278.

Overall, NW increased by $71,335 (+1.59%) to $4,567,224 during August. Tracking NW monthly changes often feels a bit like playing snakes & ladders or Monopoly. A lot of fun during the 'up' months, but not so much fun during rough patches.

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