May 2015 net worth update (+0.40%) 15.65% ytd

We haven’t done an update for some time, in fact since November 2014, oops!

First of all, 2014 ended up being a reasonably good year with ~24% net worth growth in Rands, about 9.5% in US$. The difference? Rand currency and Dollar strength did not help the cause here.

Anyway, so far 2015 has been a good year, we’re up 15.6% YTD in Rands, ~11% in US$ so it’s been going well.

Onto the actual figures:

Assets: R5.7m (+13% ytd)

Cash: R400k

Property: R1.8m

Retirement annuity: R500k

Shares: R2.9m

Vehicles: R100k

Business investments: (not recorded)

Liabilities: R922k (-1% ytd)

Home loan: R884k

Tax: R38k

Net worth: R4.7m (+15.6% ytd)

On to what the individual accounts represent:

Cash

Primarily just cash sitting in savings accounts for planned expenditure for the house, or vacation. However, a decent chunk of this (bit more than half) is sitting in the share trading accounts as we rand-cost average recent cash received. I haven’t pulled the trigger as I still feel the share market is quite high, but it isn’t enough cash to justify buying a property or business. I will probably invest this over next 2-3 months, depending on what happens with additional cash coming in from side business ventures.

Property

This consists of our investment property (house) and our personal residence. Not much has changed here in ages. I grow these by small amounts each year from their original value, but they’re still tracking over 30% below current market prices, so it feels quite conservative.

Shares

Decent split between international shares and local shares. I’ve been steadily buying shares over past 10 years.

Vehicles

Two cars, 3-4 years old each now. I am writing these down to zero over 5 years.

Business investments

These are not recorded at a value. They may or may not pay off, but we did receive a reasonable amount of cash from them this year so far.

So overall it was a good month of May. Most of the growth this year has come from savings and cash received, growth has been approximately 1/3 from capital growth and 2/3 from savings/dividends.Next few months should be interesting as to whether we get some more cash from the business investments. Still on track to achieve the target of R5m by year end.

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