Monthly Net Worth Update – September 2017
Not a huge amount happened this month. House is still standing, sold my shares in Air New Zealand a while back and bought some more WAM Leaders and a new position in Future Generations which, if you’re interested, you can take a look here as to why I bought them. Overall, it has been a pretty quiet month. Trying to save some more money in the coming month so I can make a new purchase. I haven’t decided what stock I would like to buy but very interested to see what is out there at the moment. All right, lets get into the nitty-gritty…. the numbers!
Net Worth Update – September 2017
Below you will see my Net Worth for the month of September 2017.
Funnily enough, my actual total assets decreased by roughly $400 since last weigh in at the August Net Worth Update. But not all is lost! In saying that, my net liabilities propped by roughly 2.5k which is great. This was mainly from house repayments, earl repayments and some small loans being paid off slowly. So overall a positive month, my net worth increased by 5.37%, I am very happy with that. The net worth graph is actually following somewhat of a normal cycle which is fantastic. Not only did my net worth for the month increase by almost 5.4%, it has now increased by an amazing 79.0% since the start of the year. WOW!
Total Forward Dividend Payments
So as I said earlier, a little reshuffle of the cards as far as dividends go. I sold my AIZ shares are they were high yielding, oil dependent, no tax credits and bought into two stocks that do the exact opposite. Two LIC’s that focus on the Australian market and pay tax credits which means I don’t have to worry about Mr Taxman when the end of financial year comes around.
Sold my AIZ shares, forward dividend dropped. Bought a new LIC and added to an existing LIC which upped the Forward Dividend. Then I received a dividend payment (click here to see my dividends paid) and the dividend was reinvested which means that in total I am down $1.04 in forward dividend payments. Not too bad seeming I made a nice profit on my AIZ sold shares.
Happy with that month, hoping to do even better this month, how was your September?