After making the correction, it turns out that my NW decreased slightly last month, and again this month, mostly due to weakness in the local and international stock markets. The overall trend in my NW is satisfactory over the past 15 years, although the losses caused by the GFC and EFC basically wiped out the increment in my NW that came from my 'early inheritance' of the lake house from my parents. Due to the use of gearing in my stock portfolio (and letting the index 'put' options I had in place Mar-Dec 2007 lapse just prior to the onset of the GFC), I had to sell off a considerable portion of my geared portfolio in Mar 2008 to avoid getting a 'margin call', which 'locked in' the losses caused by the GFC. As I was a bit more conservative with the level of gearing used in my stock portfolio post-GFC, I didn't recover all my losses as the stock market recovered.
DW is again looking for a job - her latest position lasted just over a week before her 'boss' decided it wasn't working out as he'd expected. After pointing out they hadn't even provided her with a phone or computer (expecting her to "make do" with her own mobile phone and her personal laptop) and that her boss had given unclear instructions (conveyed via mobile phone when she was having her lunch break) and was never in the office to clarify what was required, the directors offered to give her a bit longer to 'settle in' to the role. But they also pointed out that the chaotic office situation would stay the same, So DW decided to call it quits and look for a less stressful/more enjoyable position. She had another interview yesterday, so I'm sure something suitable will turn up eventually.
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