April was an unbelievably good month for my investments.
Net worth took big jump on the back of booming HK/PRC stock markets. Asian equities appreciated, my Au/NZ equities more or less went sideways in local currency terms, silver nudged slightly higher and FX movements were marginally favourable. Expenses were moderate as I expensed the remaining half the cost of renovating a flat.
Here are the details:
1. my Hong Kong/China equity portfolio increased. I sold all my shares in Sinolink (HK:1168) for a very nice profit (too soon, of course);
2. my AU/NZ equities were flat. There were no transactions this month;
3.my equity ETFs appreciated (India, Vietnam, Hong Kong and China) in line with the local markets. There were no new purchases;
4. my commodities rose slightly. Silver is my only position;
5. all tenants are paying on time. One property is vacant and is currently undergoing renovation;
6. currency movements were positive with the NZD and the AUD gaining slightly;
7. my position in bonds remains small;
8. expenses were moderate as I paid for a short holiday to Japan over Easter and prepaid the air tickets for our summer holiday to take advantage of a special offer from Cathay Pacific. Expenses next month will be very high as we are about to pull the trigger on our home renovation project;
9.I made a transfer to Mrs Traineeinvestor this month and will make another one next month.
My cash position fell. I currently hold 40.8 months of expenses in HKD cash or equivalents.
For March, my net worth jumped by 7.38%. Effectively, the portfolio generated enough positive return in one month to cover nearly three years of living expenses. The year to date increase is 8.79%.