Saturday, August 30, 2008

Preliminary Report for August

August was an OK month and better than recent months. Our investment return was around 5% in Australian Dollar terms, 3% in currency neutral terms, but -3% in US Dollar terms due to the fall in the Australian Dollar. The MSCI World Index fell 2.11% but the Australian All Ordinaries was up 3.2% according to the AFR. As a result, net worth rose in Australian Dollars but fell again in US Dollars. Trading realised gains were $(US)1,062 and non-403b US accounts rose by around $2,000. There were no major expenditures and our car didn't depreciate so expenditure was just under $4,000. I'll post a full report after the end of the month.

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