Monday, November 16, 2015

Financial Review - October, 2015

October showed a partial recovery of the year's losses with equities moving higher, FX movements being favourable and positive cash flow from the rental properties.

Here are the details:

1. my Hong Kong/China equity portfolio appreciated. I added more shares in COSCO Pacific (HK:1199) through a dividend reinvestment plan (even though the shares have been suspended for some time);

2. my AU/NZ equities appreciated moderately. There were no new purchases; 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. We are back to full occupancy and negotiated a rent increase on one property;

6. currency movements were positive with the NZD and the AUD rising against the HKD/USD;

7. my position in bonds remains small;

8. expenses were moderate as we have now finished paying for renovations and moving expenses;

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

My cash position improved due to a lot of dividends being paid in October. I currently hold 34.3 months of expenses in HKD cash or equivalents. 

For October, my net worth appreciated by 4.74%.  The year to date decrease is 1.40%.