Making a solid march upward, with my net worth rising 1.8% ($5,980) to $334,295. It’s nice to reach the 1/3 of a million mark.
My net worth is divided into three main sections; stocks, cash and superannuation, along with my expenses and savings rate.
My total net worth breakdown is as follows:
A breakdown of my “taxable” (cash and shares) and “non-taxable” (superannuation) components.
TOTAL NET WORTH = $334,295
- Taxable (Stocks + Cash) = $232,373
- Superannuation = $101,922
Monthly Net Income
- Salary ($7,842)
- Superannuation ($1,054)
Stocks = $214,027 (+$6,584)
Stock market climbed a little this month.
Purchases: Vanguard Australian Shares (VAS): $4,963
Cash = $18,346 (-$1,097)
Superannuation = $101,922 (+$493)
Expenses = $3,924
Quite high on the expenses front this month. Had to fork out a little over $1k toward my trip to the US in August. My average monthly expenses for 2017 is sitting at $3,348. I’ve paid for much of 3 week US holiday now, so I’d like to try and get this monthly average down toward the $3k/month by the end of the year. My “income per month” based on 4% of taxable accounts rose from $756 to $775.
Savings Rate = 50.0%
My savings rate is ok so far, with the average for the year being 62.4%.
Not a spectacular month, but moving along consistently. Considering I’m adding $5k per month to investments, I don’t expect to see too many months where the net worth moves backwards. Even if the markets drop considerably.