Yet another positive month for the markets and us. Here are our monthly accounts (in AUD):
Spending (not counting mortgage) was high at $8.0k (after taking out some business expenses that have been refunded - "Other income" includes the refund as well as salaries). Salaries etc. added up to $13.1k (after tax). After taking into account the mortgage payment of $3.8k (which includes
implicit interest saving due to our offset account - the actual mortgage payment was about $642 less than this) - which shows up as a transfer to the housing account, we saved only $19 on the current account. We made $3.6k of retirement contributions, and saved a net $1.9k in added housing equity. Net saving was, therefore, $5.5k across the board. Still not getting the childcare subsidy.... This month we paid the apartment rent for our trip... part of which was the business expense that was refunded...
The Australian Dollar fell from USD 0.7637 to USD 0.7475. The ASX 200 gained 1.03%, the MSCI World Index gained 1.60%, and the S&P 500 1.03%. We gained 1.52% in Australian Dollar terms and lost 0.63% in US Dollar terms. So, we outperformed the Australian market and underperformed the international markets. The best performer in dollar terms was again the CFS Geared Share Fund ($7k) followed by Unisuper ($5.1k). Platinum Capital gained $4.4k after the share placement. The worst performer was Oceania Capital Partners down $3.0k. Private equity was the worst performing asset class, followed by small-cap Australian stocks. All other asset classes gained. Many investments, in particular international shares and large-cap Australian shares are at all time highs.
As a result of all this, net worth rose AUD 27k to $1.798 million (new high) but fell USD 9k to $US 1.344 million.
The Australian Dollar fell from USD 0.7637 to USD 0.7475. The ASX 200 gained 1.03%, the MSCI World Index gained 1.60%, and the S&P 500 1.03%. We gained 1.52% in Australian Dollar terms and lost 0.63% in US Dollar terms. So, we outperformed the Australian market and underperformed the international markets. The best performer in dollar terms was again the CFS Geared Share Fund ($7k) followed by Unisuper ($5.1k). Platinum Capital gained $4.4k after the share placement. The worst performer was Oceania Capital Partners down $3.0k. Private equity was the worst performing asset class, followed by small-cap Australian stocks. All other asset classes gained. Many investments, in particular international shares and large-cap Australian shares are at all time highs.
As a result of all this, net worth rose AUD 27k to $1.798 million (new high) but fell USD 9k to $US 1.344 million.
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