Friday, November 01, 2013

Moominvalley October 2013 Report

Following hitting one million Australian dollars net worth last month, this month we reached a million US Dollars. $US1.008 million to be precise, up $US49k on last month. In Australian Dollars we reached $1.064 million, up $A38k on last month. The monthly accounts (in USD) follow:

Income was boosted a bit this month due to a gift of RMB 10k that Snork Maiden got when she visited China. She also spent a lot of that there and so we spent $5,846 for the month. We still saved almost $9k from regular income but our spending is gradually inching up and saving down as you would expect when our spending is still so low relative to income. Our annual spending level is around $80k per year. The following chart shows a moving average over the previous 12 months of spending for the year very roughly adjusted for inflation:

The big peaks are mostly international moves (like in 2007), or in recent years big international trips, like our trip to 3 continents this year... Of course, after mid 2007 the data are for us as a couple and before that they are for just me, Moom, alone.

Rate of return for the month was 3.92% in USD terms or 2.51% in Australian Dollar terms. The MSCI gained 4.04%, the S&P500 4.60%, and the ASX 200 3.97% - the first two indices are in USD terms and the latter in AUD.

I moved $US10k during the month from Australia to the US to pay off my margin loan with Interactive Brokers. I also did some switching out of large cap Australian stocks to diversified funds and global shares to rebalance as the Australian stock market was very strong and the Australian Dollar rose during the month too. I'm looking in the coming month to make a big (well less than 5% of net worth, but that is fifty thousand dollars) investment in managed futures. Having trouble with the application process, in the meantime.


Business Australia News said...

Nice going. The income is excellent despite the recent economic downfall globally.

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