A down month in the financial markets and a very high spending month for us. Here are our monthly accounts (in AUD):
The Australian Dollar fell slightly from USD 0.7665 to USD 0.7613. The ASX 200 fell 2.15%, the MSCI World Index fell 1.67%, and the S&P 500 fell 1.82%. We lost 1.22% in Australian Dollar terms and 0.27% in US Dollar terms. So, unusually, we outperformed both the Australian market and the international markets. The reason for this was largely the big gains we had in Oceania Capital Partners, which gained $8.7k. The worst performer in dollar terms was the CFS Geared Share Fund, which lost $15.5k. The best performing asset class in percentage terms was, of course, private equity, which gained 10.96% and the worst commodities, which lost 2.83%.
As a result of all this, net worth fell AUD 12k to $1.604 million or fell USD 17k to $US 1.221 million.