Monthly Net Worth Update – April 2017
Well this month was always going to be a bit quieter because March was just an absolute bumper month. I don’t mind it being smaller as long as it slowly increases. I know that May will be a great month too. Targeting a 10% increase, fingers crossed. A few extra items in this months edition. A new logo and a new segment, see below!
Without further ado, here is my net worth for the end of April 2017. I’ll give a breakdown in the section below.
Figure 1: Total Net Worth April 2017.
My stocks made a minor bounce back which was nice to see. I also added to my stocks which you can see in my other posts. I am still hoping that RBO will increase in value to keep these figures rising. Just have to hold for a while and see how it goes, then decide to sell or hold.
Not much to say, was able to stash some cash away towards a deposit for my first home. This will be used at some point in the near future year or two.
This also increased due to my employer contributions. I am not currently adding to this. My employer adds an extra 9.5% on top of my wage into this account as a requirement by the Australian Government. I will let this increase over time, I do change what my retirement is invested in, so I do have some control over it.
This depreciated as expected. This is a set amount from the Australian Government site that I used.
This increased by 3.08% overall. Not a fantastic result, but working on it.
No added personal debts.
This was paid off in December as a last payment. Doesn’t that feel good?!
Our student loans are paid differently here in Australia. A little bit each pay (2 weeks) gets taken out of my wage and goes towards paying off student debt. I do not see this money leaving my account as it is taken via our tax system. This works well for me. This is slowly getting paid down but will take some time.
Decrease of debts by 0.33% which is a good thing, we want a decrease in debts.
TOTAL NET WORTH
My net worth from March 31st 2017 to April 30th 2017 has increased by a measly (tongue in cheek) 6.35%. This is an increase of $2012.04 in the month to bring my total net worth up to $33,705.82.
Another increase, how good! Lets keep this train churning, May is going to be a good month for me. I am hoping for roughly 10% increase.
How was your April?
I have created a new logo for the site. The original was just a temporary one and now I have spent some time to create this one. If you like it, then let me know. Definitely willing to help other bloggers if they are interested.
Figure 2 – New Buy Hold Long Logo
And now the new segment, forward dividend income!
Forward Dividend Income
Figure 3 – Forward Dividend Income
Figure 4 – Forward Dividend Income and Average Monthly Income
Not much to say, dividends were increased through new purchases ~$1000 of purchases which reduced my average dividend yield. My forward income has increased because of the increase in capital and dividends that have been reinvested. A 7% increase in forward income is fantastic, I am very happy with that.
How is your month?