A big jump for this month with an increase of $19,760 in liquid cash and investments (excluding property). Good movement in pension funds. This month, I changed my Kiwisaver (1 of 2) to the Total World Stock ETF, moving away from our commercial bank. The reasoning why was that the bank has underperformed since the inception of the fund in 2013.
Shares – Started moving away from being so heavily invested in the US stock market, with concern that too much of our stock/investments are susceptible to the potential impact of the “AI” bubble (if it does exist).
This is a big milestone! with a combined investment value (excluding property) of $501,919 surpassing the $500k mark for the first time.
| Kiwisavers (Pensions) | Milford Growth Fund (Pensions) | Savings + Term Deposits | Shares | Bitcoin | Combined | |
| Total Value | 98,833 | 249,717 | 52,909 | 85,930 | 14,530 | 501,919 |
| $ Increase/Decrease | 3,152 | 3,853 | 5,835 | 7,260 | -339 | 19,760 |
| % Change | 3.19% | 1.54% | 11.03% | 8.45% | -2.34% | 3.94% |
Income and Expenditure (approximate)
Income increased $2.5k on prior month due to increased business invoicing. Expected this month will be high, with flattening out over the next few months.Discretionary spending up 60% on prior month due to taking a 1 week holiday. We were able to use family accommodation, and as a result were able to do the trip cheaply with most spending relating to food and entertainment. Spending on lotto was up with the dream of capturing the large $30mil jackpot, will reign this in going forward. We’ve begun spending more on Child costs to get necessary furniture & clothes etc.
Primary residence (property) valuation dropped by $5,000 this month. However, other investments substantially surpassed this drop to give us an overall increase of networth this month of $14,760. Totaling $1,386,919