Category: Net Worth

Net Worth Update - Money Tree 3

Net Worth Update – June 2017

The year 2017 is now over half way completed. So it is time for another net worth checkup. If you are not familiar with net worth, the idea is to calculate how much your possessions are worth if you had to consolidate everything at current value right now. To calculate it, you take everything you own, work out how much it is worth, and add it up. You then subtract from that number anything you owe people (like home loan, car loan etc). That gives you a final number called your net worth. It has been a very short first...

Net Worth Update - Money Tree 5

Net Worth Update – December 2016

The year 2017 has started, which means it is time for the six monthly check of how the net worth balance book is going. Having just finished looking at how my 2016 goals went, the details are hot off the press. So to see what the last six months have provided, read on. Given the ASX has moved from around 5310 to 5720 over the six months, it would be a fair guess that the share portion of my holdings did well. They defiantly performed better than the previous six months which was just above flat. I have also been...

Net Worth Update - Money Tree 2

Net Worth Update – June 2016

After a wonderfully relaxing, almost month-long vacation – I am back. Did you miss me? I know I didn’t, but then I am with me almost 15 to 20 hours a day (depending on how much sleep I get). Now I am back, it is time for my second net worth update. My last net worth update¬†was back at the end of 2015 where I had just cracked the $1.15m mark. Let’s see how the last 6 months have treated me… Firstly, the share market (all ordinaries) over the last 6 months has been up and down a bit, but...

Net Worth Update - Money Tree 8

Net Worth Update – December 2015

I know this December net worth update is a little late, but given it is my first one since finding out I was an accidental millionaire, I hope I can be forgiven. My intent is to post updates at least every 6 months. The Australian tax year is from 1st July to the 30th June, so updates at the end of June and the end of December seem to fit perfectly. If anything notable changes I may post updates more often, but those two I intend to be a minimum. I also hope to start monitoring my passive income with regular...