Short report this month. I am travelling, currently in Charlottesville VA and about to go out to do some shopping.... Long trip from Australia via Canada yesterday... Here are the monthly accounts:
The Australian Dollar fell sharply resulting in steep losses in USD terms. US Dollar net worth is down $70k. This way underperformed the MSCI World Index. Australian Dollar net worth was flat as investment returns were -1.42% in currency neutral terms. The Australian Dollar is still overvalued of course (will report back from my shopping trip maybe on that)... We spent a record amount, actually dissaving a little bit this month. Most of the expenditure is on planned travel. $3,500 at least was reimbursed but still is recorded as expenditure. A big chunk though is associated private travel.
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