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Saturday, 3 March 2007

Net Worth Update

February was looking good until the very end when the Great Fall of China undid nearly all of the progress for the month. Luckily my retirement account did OK as I'd rebalanced it recently to reduce the excess allocation to Australian stocks that had developed over the past three years bull run:
* Average property prices were unchanged this month for the suburbs where my two houses are located.
* My stock portfolio equity went up only $3,523 (0.94%) this month but my retirement account increased significantly - up by $6,064 to $330,662 (up 1.87%).

My Networth as at 28 Feb now totals $1,066,778 (AUD), an overall increase of 0.79% for the month.

As discussed in previous posts, I'm bought 3 ASX200 Index 5500 Dec-20 Put options to partially protect against significant losses if the market drops substantially.

Enough Wealth
Enough Wealth

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