It was another positive month for the markets and us. Here are our monthly accounts (in AUD):
Spending (not counting mortgage) was high at $9.1k (after taking out some business expense that will be refunded). Salaries etc. added up to $11.8k (after tax). After taking into account the mortgage payment of $3.7k (which includes
implicit interest saving due to our offset account - the actual mortgage payment was about $567 less than this) - which shows up as a transfer to the housing account, we dissaved only $1.3k on the current account. We made $3.6k of retirement contributions, and saved a net $2.0k in added housing equity. Net saving was, therefore, $4.3l across the board. We still aren't yet getting the childcare subsidy. One other big expense this month were a ticket for Moominmama and Moomin to come on a trip with me (my employer paid directly for my ticket). It will be Moomin's first foreign trip. It's hard to see anything else exceptional - property taxes, body corporate fee, dental bills... It's scary that the new normal is now $7-8k before the mortgage payment.
The Australian Dollar fell slightly from USD 0.7686 to USD 0.7637. The ASX 200 gained 3.32%, the MSCI World Index gained 1.29%, and the S&P 500 0.12%. We gained 2.05% in Australian Dollar terms and 1.40% in US Dollar terms. So, we underperformed the Australian market and outperformed the international markets again. The best performer in dollar terms was again the CFS Geared Share Fund ($15k) followed by Unisuper ($5k). All asset classes apart from private equity gained with bonds being supposedly the best performing asset class (not a very accurate estimate). The worst performer was Oceania Capital Partners down $1.8k.
As a result of all this, net worth rose AUD 32k to $1.766 million (new high) or rose USD 16k to $US 1.348 million (ditto).
The Australian Dollar fell slightly from USD 0.7686 to USD 0.7637. The ASX 200 gained 3.32%, the MSCI World Index gained 1.29%, and the S&P 500 0.12%. We gained 2.05% in Australian Dollar terms and 1.40% in US Dollar terms. So, we underperformed the Australian market and outperformed the international markets again. The best performer in dollar terms was again the CFS Geared Share Fund ($15k) followed by Unisuper ($5k). All asset classes apart from private equity gained with bonds being supposedly the best performing asset class (not a very accurate estimate). The worst performer was Oceania Capital Partners down $1.8k.
As a result of all this, net worth rose AUD 32k to $1.766 million (new high) or rose USD 16k to $US 1.348 million (ditto).
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