Net Worth APR 2025

Chart updated to end of APR in sidebar.

Stocks/cash increased $30,838 (+12.64%) to $274,812 but in reality the investments ended the month in a similar position as at the end of last month (despite the large Trump tariff induced panic and recovery during the month) - the change in my stocks/cash figure was due to a combination of withdrawing $20K from my mortgage offset account to make a monthly non-concessional contribution into super, and a deposit of an unexpected gift of $50K I received from my 90 year old mother when she visited during the Easter long weekend. I told her she can have it back any time (with interest) if she needs/wants it -- but in the meantime it seems more sensible to have the money sitting in my mortgage offset account earning the equivalent of 6.29% pa, rather than her keeping $50K of cash sitting in a handbag at the back of a wardrobe. The past 6 months worth of ESPP (Employee Share Purchase Plan) contributions (10% of my salary) will be used the make the first bi-annual share purchase of my employer's shares on 1 May. I already had some share allocated to me several year ago, so it will be nice to slowly add to my holding via the ESPP from now until I retire (or get retrenched). The share price is calculated at the lower of the market price at the start and end of the 6 month period, and is then discounted by 15%. So basically by participating I get an extra 15% of 10% of my salary -- so equivalent to a 1.5% salary boost. I won't say no to free money ;)

Retirement savings (SMSF etc) increased by $39,354 (+1.98%) to $2,028,790, partly boosted by the $20K NCC made during the month. There was also a mysterious $800 'rollover' from the ATO into my employer's preferred super fund. I checked in mygov but can't see any notification regarding this payment, but it might get generated and sent out after the payment was processed. I guess it might be some 'lost super' from some casual employment, but I can't think of any likely source.

Est. valuation of our home (my half) was unchanged at $1,191,911 (for the third month in a row). And the 'Other real estate' (my 'lake house' and the investment apartment) decreased slightly by -$6,025 (-0.28%) to $2,178,672. My parents have decided they will probably move straight into an aged care facility when/if they sell their current rural property, rather than move into the lake house for a couple of years as originally planned. So, rather than leave it unoccupied, I will go there a couple of times with DS1 on long weekends later this year to tidy up, clean the water tanks etc. and then probably rent it out from the start of next year. It should be able to be rented out for about $650/wk, so will be worthwhile even if I have to pay a local slashing/mowing service to cut the paddocks every month for about $500. The rent would cover the council rates and insurance (and would also make those expenses tax deductible against the rental income), and a tenant would ensure the property doesn't get vandalized (which happened once before).

Other assets (my online depository bullion account at Perth Mint, and the bullion value of my gold and silver proof coin collection) increased by $379 (0.61%) to $62,093. I am currently adding $200 worth of gold to my Perth Mint online depository account each month.

Overall, NW increased by $64,546 (1.38%) to $4,744,287 during April, but that was mostly due to the gift from my mother.

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Net Worth - MAR 2025

Chart updated to end of MAR in sidebar.

Stocks/cash decreased -$22,350 (-8.39%) to $243,974 but this decline was exaggerated in relation to market movement as I withdrew $20K from my mortgage offset account to make a monthly non-concessional contribution into super, which impacted the cash component of this figure. I will do a similar contribution every month for the rest of the FY, so I max out the NCC cap for this FY, as I will have a $0 NCC cap in future years (probably) due to my TSB being too high.

Retirement savings (SMSF etc) decreased by -$50,411 (-2.47%) to $1,989,436, despite the $20K NCC made during the month.

Est. valuation of our home (my half) was unchanged at $1,191,911 (for the second month in a row). And the 'Other real estate' (my 'lake house' and the investment apartment) increased slightly by $11,728 (+0.54%) to $2,184,697.

Other assets (my online depository bullion account at Perth Mint, and the bullion value of my gold and silver proof coin collection) increased by 4,918 (8.66%) to $61,714. I am currently adding $200 worth of gold to my Perth Mint online depository account each month. The global market and economic uncertainty resulting from Trump's "takeover offers" to Canada and Greenland, sucking up to Putin (while he commits daily war crimes), and putting tariffs on 'friends' and foes alike (which the US consumer will mostly pay for via increased prices either directly due to the tariffs on imports, or via higher cost domestic product replacing lower cost (before the tariff) imported goods. China's economy is also still struggling, Europe's economies took a hit from reduced access to cheap energy imports from Russia, and Russia is busy destroying its own economy and demographics in the attempt to destroy Ukraine's independence. All in all 2025 is shaping up to be a global recession, but it is quite hard to accurately make predictions.

Overall, NW decreased by -$56,115 (-1.18%) to $4,679,741 during March, which wasn't as bad as I had expected before calculating the figures -- the relatively large property component in my overall NW asset allocation mitigated the impact of the stock market decline.

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Net Worth - FEB 2025

Chart updated to end of FEB in sidebar.

Stocks/cash decreased -$9,279 (-3.37%) to $266,324 but this was actually a positive month as I also withdrew $20K from my mortgage offset account to make a monthly non-concessional contribution into super, which impacted the cash component of this figure. I will do a similar contribution every month for the rest of the FY, so I max out the NCC cap for this FY, as I will have a $0 NCC cap in future years (probably) due to my TSB being too high.

Retirement savings (SMSF etc) decreased by -$17,352 (-0.84%) to $2,039,847, despite the $20K NCC made during the month. Once I hit age 65 I will transfer the TBC amount into a SABP (pension phase) to take advantage of the tax-free status. When I retire I can move some of the SMSF SABP back into accumulation phase (about $500K) and use that 'cap space' to then purchase a lifetime pension from QSuper.

Est. valuation of our home (my half) was unchanged at $1,191,911. And the 'Other real estate' (my 'lake house' and the investment apartment) decreased slightly by -$5,453 (-0.25%) to $2,172,969.

Other assets (my online depository bullion account at Perth Mint, and the bullion value of my gold and silver proof coin collection) increased by $672 (1.20%) to $56,796. I am currently adding $200 worth of gold to my Perth Mint online depository account each month. Having to make platinum purchases manually was too much bother, and Pt and Au prices tend to be correlated anyhow. Silver had been underperforming relative to gold/platinum since I commenced my bullion purchases, so it may be losing its usefulness as a 'precious metal' and be acting more like a commodity. The production of a lot of silver is as a by-product of lead mining, so the production cost 'floor' is quite low.

Overall, NW decreased by $31,412 (-0.66%) to $4,735,856 during February. My annual salary bonus of $13,409 was paid out during Feb, so the monthly variation in NW dwarfs the impact of my bonus on NW several-fold. I also received my annual pay rise (3%, same as last year) -- at least it was slightly more than the current inflation rate (2.5%).

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Net Worth - JAN 2025

Chart updated to end of JAN in sidebar.

Stocks/cash decreased -$15,072 (-5.19%) to $275,603 but this was mostly due to my using $20K from my mortgage offset account to make a non-concessional contribution in super. I will do a similar contribution every month for the rest of the FY, so I max out the NCC cap for this FY, as I will have a $0 NCC cap in future years (probably) due to my TSB being too high.

Retirement savings (SMSF etc) increased by $92,010 (4.68%) to $2,057,199. Once I hit age 65 I will transfer the TBC amount into a SABP (pension phase) to take advantage of the tax-free status. When I retire I can move some of the SMSF SABP back into accumulation phase (about $500K) and use that 'cap space' to then purchase a lifetime pension from QSuper.

Est. valuation of our home (my half) decreased slightly by -$2,592 (-0.22%) to $1,191,911. And the 'Other real estate' (my 'lake house' and the investment apartment) also decreased by -$4,809 (-0.22%) to $2,178,422.

Other assets (my online depository bullion account at Perth Mint, and the bullion value of my gold and silver proof coin collection) increased by $3,896 (7.46%) to $56,124. Stock market volatility has increased since Trump was inaugurated and failed to stop the Russian invasion of Ukraine 'within one day', and the trade war he just instigated with Canada, Mexico and China has also increased market nervousness and hence some increased interest in Gold (the Chinese economic troubles are also seeing a shift from bank deposits and property to gold apparently). I don't have enough exposure to bullion to have much diversification impact on my overall investment portfolio.

Overall, NW increased by $73,433 (1.56%) to $4,767,268 during January, which was a new record high. Markets seem quite volatile currently, and the US market is overpriced according to several indicators, so I am a bit nervous and won't be surprised if my NW is lower by the end of 2025, rather than higher.

As usual I have no idea how things will turn out during the rest of 2025, so I will just stick with my investment structures, long term asset allocation, and usual saving and expense budget.

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