Moominvalley Financial Report October 2012
Financially, things went OK again this month. We hit new net worth highs in both Australian and US Dollar terms of $A701k (+$23k) and $US728k (+23k). The Australian Dollar was very stable.
Our rate of return was 1.84% in USD terms versus -0.64% for the MSCI and -1.85% for the S&P500. In Australian Dollar terms we made 2.04%. This is mostly due to strong gains in Australian shares for a change. We gained 2.59% in large cap Australian shares and 4.80% in small cap Australian shares. The monthly accounts (in US Dollars) look like this:
Spending was around recent averages - after removing work expenses $5,846 ($A5,638). The monthly accounts show that we earned $14.3k in salaries etc. Retirement contributions were $3.4k. But there is also a $9135 transfer from retirement to non-retirement, which is me cashing out my Roth IRA. My Roth transfer is finally spendable in my brokerage account and I put an order in to buy 500 BTF. I had 175 BTF in the old account as well as HSFGX.
Total investment returns were $13k. The house-buying fund reached $A132k, which was flat for the month. We don't look like going house-hunting again till December and so I transferred a little money back to a brokerage account to reduce margin debt.