Wednesday 31 August 2011

August 2011 Net Worth - $174,000 (+36%)

Assets: $542,000
Liabilities: $368,000
Net worth: $174,000

The significant increase in my net worth for August was due to my work bonus getting paid into my bank account as well as a small inheritance which I received.

Both of these amounts are still in cash though I am looking to increase my equity market exposure as my investments (net of any gearing) are still 50% property, 30% interest bearing securities and 20% equities.

I'm expecting a small bump to my net worth next month when I (finally) get around to doing my taxes.


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