Thursday, December 01, 2011

Moominvalley November 2011 Report

Things reversed again this month but the losses were actually less than I expected. IN USD terms we lost 6.35%. In AUD terms we lost 3.05% and in currency neutral terms 3.65%. But the MSCI World Index only lost 2.94% for the month. The reason for our underperformance is that the Australian market largely missed out on the global 30th of November rally induced by globally coordinated easing by central banks. The World Index rose by 3.71% on 30th November. So the day before the index was down 6.54% on the month, which is roughly what we lost.

Anyway, here are this month's accounts in USD:

USD net worth fell by $20k but in AUD terms we were only down $A1k. . Net worth is at $531k or AUD 519k. Total non-investment income was $20k. Just over $3k of that came from a refund I got for our trip to the US in September-October. I'm still awaiting a couple of other travel refunds. Retirement contributions are now running at $4k a month as we are both contributing near the maximal concessional amount ($A25k per annum) including employer contributions. Investments lost a total of $35k with $15k of that due to foreign exchange movements as the US Dollar rose against other currencies. Total spending was $6,065 but almost $1,000 of that was a trip I took to Queensland which should be refunded. So spending was around our "new normal" of $5,000 per month.

Yeah, these numbers in terms of non-investment income are feeling pretty crazy to me. You can see how quickly things have changed when you look back over the last several months of reports.

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