Monday, November 01, 2010

Moominvalley October 2010 Report

As usual some data will lag for a month or more but here are the accounts based on the information I have at the moment. And as usual everything is in USD, though it doesn't make much difference as the Australian Dollar hit 97.96 US Cents (and higher intra-month). Of course, it does make a difference when it comes to computing gains and loss from foreign exchange movements...

Non-investment income was very high this month, because I got paid for my trip to Sweden. 25% tax was taken out. I was also paid for travel expenses. After all that I got about $7,500. Snork Maiden earned her regular salary. Expenditure was a little high but we were having fun in Copenhagen and Bangkok :) Actually, the biggest expenditure was for car insurance: $A797.30. Over the last year we've averaged $A5,300 a month in spending.

So in total net worth rose by $23k ($A17k) to $465k ($A475k). A few days ago I posted our detailed investment allocation. There was relatively little change in the asset class allocation for the month. The main changes were an increase in bonds and commodities due to buying GTAA.

Investment return was 3.40% in USD terms against 4.28% for the MSCI Index. So we somewhat underperformed the market.

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