It was only because an error on my part that I thought I actually had a decent performance. The error in last month's performance was due to a share consolidation that I had missed. Basically the error was as follows:
- I have ~$4,000 worth of Hello World, an Australian listed travel agency
- Hello World did a 1 for 6 share consolidation which raised the price 6x
- I should have just adjusted the shares I held by the same amount but because I missed it (and my share prices populate) I looked like I had $24,000 worth of shars
- January's net worth was actually overstated by $20,000...instead of an increase of $13,000 I should have seen a decrease of $7,000 to $707,000
Why did I outline this? Because I actually did reasonably well this month in increasing my net worth to $720,100 and my explanations wouldn't have made sense in the context of a falling net worth.
