Moominvalley August 2012 Report

Financially, things went OK again this month. We hit new net worth highs in both Australian and US Dollar terms of $A659k (+$33k) and $US681k (+22k). The Australian Dollar fell a little.

Our rate of return was only 0.78% in USD terms versus 2.22% for the MSCI and 2.25% for the S&P500. In Australian Dollar terms we made 2.61%. The monthly accounts look like this:



The monthly accounts (in US Dollars) show that we earned $20.2k in salaries etc. as this was a three pay month. Retirement contributions were $3.3k. We spent $5.0k but around $500 of that was implicit depreciation on our car and so actual spending was relatively low compared to recent months. Total investment returns were $5.1k but earnings would have been $15.4k without the changes in exchange rates.