Net Worth – December 2019

It’s been a fairly quiet month net worth-wise. The stock market has been fairly stagnant (in fact it seems to have dropped a bit) so really the only increases in our net worth come from KiwiSaver contributions and mortgage repayments. That’s fine for us, we’ll start boosting our savings a bit more when we get back from visiting the Philippines in May. In the mean time I interviewed for a new job last week so who knows, things could go our way 🙂

Here’s where our investments sit this month. For more info about why we include these things and not others, check out my recent post on different ways to calculate net worth.

KiwiSaver – Mr R2A$21,218.09
KiwiSaver – Mrs R2A$12,905.55
House Equity$151,913.34
Sharesies$2,619.41
Eat My Lunch$500
Harmoney$23.17
Bonus Bonds$20
TOTAL$189,199.56

That’s an increase of $1,028.09 or again 0.55% over last month (points for consistency at least). This increase annualises to 6.6%, which wouldn’t be bad if it were all market returns, but most of it is our personal contributions which makes it very much not great. More of the story behind that in last month’s net worth post.

So all up we’re very much in a holding pattern until May. January could bring a bit of a boost as it’s the month we normally revalue our assets (as a desk exercise only), but given I adjusted the value of our house equity recently when we received our council valuation letter I haven’t decided whether I will give it the usual conservative annual boost in January or leave it as is.

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