<< Back to all Blogs
Login or Create your own free blog
Layout:
Home > Net Worth Update: Mar 07
 

Net Worth Update: Mar 07

March 2nd, 2007 at 01:46 pm

February was looking good until the very end when the Great Fall of China undid nearly all of the progress for the month. Luckily my retirement account did OK as I'd rebalanced it recently to reduce the excess allocation to Australian stocks that had developed over the past three years bull run:
* Average property prices were unchanged this month for the suburbs where my two houses are located.
* My stock portfolio equity went up only $3,523 (0.94%) this month but my retirement account increased significantly - up by $6,064 to $330,662 (up 1.87%).

My Networth as at 28 Feb now totals $1,066,778 (AUD), an overall increase of 0.79% for the month.

As discussed in previous posts, I'm bought 3 ASX200 Index 5500 Dec-20 Put options to partially protect against significant losses if the market drops substantially.

1 Responses to “Net Worth Update: Mar 07”

  1. Fern Says:

    Nie pun!

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 9.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]