Thursday, November 01, 2012

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.


Financial Independence said...

Congratulations with very good and solid progress..

It is quite amazing how the standards and demands are changed with the income growth.

Quite a lot of people would happily leave on investment income of $4 k a month (including renting out)...

What we do is life, the rest of it just a game?

mOOm said...

$4k per month is less than the average salary in Australia, so it's not really that much. See my next post.