Chart updated to end of NOV in sidebar.
Stocks/cash decreased -$11,265 (-2.30%) to $487,063.
Retirement savings (SMSF etc.) decreased by -$20,392 (-0.88%) to $2,295,343.As I am currently unemployed/retired there are no contributions adding to the balance, so this decrease was due to both market losses and the small monthly decline in the 'guaranteed cashback' value of my QSuper pension accounts (due to monthly pension payments).
Est. valuation of our home (my half) increased by $9,069 (+0.73%) to $1,247,620. The estimated value of the 'Other real estate' (my 'lake house' and the investment apartment) increased by $11,077 (+0.52%) to $2,154,247.
Other assets (my online depository bullion account at Perth Mint, and the bullion value of my gold and silver proof coin collection) increased by $5,315 (+6.79%) to $83,595. I am currently still adding $200 worth of gold to my Perth Mint online depository account each month.
Overall, NW decreased by -$6,396 (-0.12%) to $5,275,877 during Nov. It needs to increase by about 0.2% per month on average to keep pace with inflation (I.e. maintain real value).
My rental apartment has been leased with a new tenant for the next 12 month, and the rent increase compared to the previous tenants (who wanted to keep the rent unchanged for the second year in a row) is enough to offset the three week vacancy period during the first 6 months of the lease, so it worked out OK. Still not sure what I will do in the long term, as having a negatively geared investment property doesn't make sense if I don't have a full-time job with significant income tax to offset. I'll reevaluate things next June, as for this financial year the taxable component of the redundancy package should still make the negative gearing worthwhile. Hopefully I get a full-time job in the financial planning industry, otherwise I may have to start some sort of profitable small business (as I have about $100K of 'carried forward' business losses from previous sole trader activities that I need to eventually make use of).
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