Monday, 2 December 2024

Net Worth - NOV 2024

Chart updated to end of NOV in sidebar.

Stocks/cash increased $7,373 (+2.44%) to $308,938 due to a strong equities market during the past month.

Retirement savings (SMSF etc) increased by $74,920 (3.97%) to $1,963,144.

Est. valuation of our home (my half) decreased slightly by -$1,296 (-0.11%) to $1,193,207. However he 'Other real estate' (my 'lake house' and the investment apartment) increased by $35,067 (+1.62%) to $2,195,470.

Other assets (my online depository bullion account at Perth Mint, and the bullion value of my gold and silver proof coin collection) decreased by -$1,616 (-3.14%) to $49,803 due to a reversal in the  gold and silver upwards trend during November..

Overall, NW increased strongly by +$114,448 (+2.49%) to $4,718,571 during November, to hit a new personal record high. Since 1 Jan my NW has risen $555K, which seems rather unbelievable.

I added  a new widget to the top of the blog template - the 'Buffet Indicator' for the Australian Stock Market Total Capitalization divided by the Australian GDP.  The US version suggests that the US stock market might be overpriced (so there is increased probability of a correctio or extended period of low price growth) in coming years. The Australian market in comparison seems more reasonably priced (unlike the situation in 2007), but often drops in 'sympathy' with any large fall in the US market regardless.

Subscribe to Enough Wealth. Copyright 2006-2024

No comments: