Well here we are – another month down! My last portfolio update was not that long ago because I had updated the blog late because I was busy studying the CFA exam.
Now that we are at the end of June, I wanted to get back into the groove of posting things on time. Before we get into the numbers, the last update I posted was 15 days ago, so really the changes that you see in the numbers below are for the 15 days that have passed as opposed to the full month of June.
As you can see, net worth was down so in number terms it doesn’t look great – however;
- I went on a snow trip to Perisher with a few friends over one weekend for some snowboarding. I didn’t really manage my budget there because I wanted to enjoy a little bit there – the whole trip probably cost around $700-800;
- I moved a some of spare cash into the mortgages and as you can see I have reduced the PPoR mortgage quite a bit. I’m happy with this, as this stays true to my goal of reducing debt and I am trying to do that aggressively;
- I’ve got some cash that’s sitting in the Self Wealth account that isn’t shown here in the numbers. I am preparing to buy more stock as they go ex-dividend end of June and they generally drop in price when they go ex-dividend. I use this opportunity to buy stock every quarter – it’s not really timing the market, but it does mean I have strategically thought about the best way of investing into the market on a regular basis. Whether this actually leads to benefits or not in the long run I have no idea;
- The timing of the update also doesn’t serve it justice as it’s really showing the changes over half a month rather than a whole month. If I look at the big picture (which people should think about doing sometimes), over the last two months I have increased by net work by $8k. That’s a pretty solid increase for my standards.
Anyway, I like to keep it short and sweet, so that’s pretty much it. Thanks for dropping by! Always appreciate the readers that spend time out of their busy schedules to read my posts.