| Value | % Change | |
|---|---|---|
| Assets | $621,000 | +1.2% |
| Liabilities | $354,000 | 0.0% |
| Net worth | $268,000 | +2.8% |
Once again I was very happy with my absolute performance this month as some of my investment strategies started to pay off and I managed to keep my expenses well under control this month. However as with my September and August Net Worth posts I noticed that the value of my investment portfolio always seems to be lowest at month's end - I'm not sure what the reason for this is but it certain impacts how I think I am going every month.
This month was impacted by a few large events. Some of them were quite positive and others were mildly negative. These included:
- Being allocated more shares than I expected under the FKP rights issue
- I have posted about this before in detail but what it did was reduce significantly the loss I was carrying forward on these shares
- At the moment I am 5% below my weighted average purchase price for these shares however they are very depressed at the moment so I am holding onto them
- This was the biggest positive impact for this month
- I held onto my ESIP shares a little longer than I should have
- I am still holding on to my ESIP shares which I had originally meant to sell very quickly
- These shares reached all time highs however have now come off quite a bit. The decision to hold makes sense but if either the currency or share price moves back in my favour I'm going to take the cash and run
- This had a marginal positive impact over the whole month but probably a mildly negative one over the last few days of the month
- My expenditure was as controlled as it has ever been
- I will provide more detail on this in my expenditure tracker post tomorrow but this month I somehow did not end up spending much money at all (even though I did a weekend away)
For those who read this series from month to month there are several items that were pretty consistent
- My monthly allocations to my employee share plan and my superannuation increased my savings without me having to think about it
- My home loan offset account increased as I started to rebuild my balance post significant transfers to my share trading account
- Start putting aside money for my overseas holiday over Christmas - I totally forgot about this so have not done it
- Doing my taxes for the 2012 financial year. I have booked in an appointment with my accountant for next week so I should get the refund in November
For November 2012 I forecast that my Net Worth will be affected by the following
- I gave my car in for servicing which cost my $700. I have yet to pay this bill but this will have to be paid this month.
- I should get my 2012 bonus paid into my account this month which will should see a significant increase in my net worth. Note though that I had already set aside the majority of this for my new sports car which I plan on purchasing
- I should get my tax return for the 2012 financial year
- I am going to edit the way in which my net worth is calculated to take into account future tax payable on unrealised gains in my share portfolio - this will give a more accurate picture of my net worth
You May Also Be Interested In:
October 2012 Expenditure Tracker - Still to come
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