Saturday, February 28, 2015

Financial Review - February, 2015

February was another good solid month for my investments.

Net worth increased.  Asian equities appreciated slightly slightly offset be a small fall in commodities and FX movements were slightly favourable. Expenses were high as I expensed half the cost of renovating a flat.

Here are the details:

1. my Hong Kong/China equity portfolio increased . There were no transactions this month;

2. my AU/NZ equities appreciated. 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 fell 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 gains in the NZD and the AUD being flat;

7. my position in bonds remains small;

8. expenses were high due to expensing half of the renovation costs of a vacant rental flat and university fees being paid;

9.there were no transfers to Mrs Traineeinvestor this month.

My cash position fell. I currently hold 34.1 months of expenses in HKD cash or equivalents. February is the lowest month of the year as far as cash inflows are concerned.

For February, my net worth increased by 1.21%. The year to date increase is 1.61%.

Financial Review - January, 2015

January was a good solid month for my investments.

Net worth appreciated.  Equities appreciated across the board as did commodities while adverse FX movements materially reduced the local currency gains. Expenses were low.

Here are the details:

1. my Hong Kong/China equity portfolio rose in line with the local market . There were no transactions this month;

2. my AU/NZ equities appreciated. 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. the properties are no longer a full occupancy and all tenants are paying on time. One property became vacant just before Chinese New Year in 2015. The vacant property requires a complete renovation and this will start next week;

6. currency movements were negative with falls in the NZD and the AUD;

7. my position in bonds remains small;

8. expenses were low;

9.there were no transfers to Mrs Traineeinvestor this month.

My cash position increased slightly. I currently hold 35.8 months of expenses in HKD cash or equivalents.

For October, my net worth rose by 0.53%. The year to date increase is 0.53%.