Tuesday 28 February 2017

February 2017 Review

February saw my net worth increase by 2.3% with high income along with investment and property valuation gains.

The value of my investment portfolio was fairly flat but there were a lot of disposals in the month. I've decided to cash in on large capital gains in emerging markets, asia and europe ETFs, just holding on to a handful of core holdings.  The proceeds from these disposals may be diverted towards further property investments as equity valuations seem on the high side.

Pension unit prices were up around 1% as markets seemed a little calmer than recent months.

Property income was back on track although my most recent acquisition is still vacant.  There have been few viewings in the last couple of weeks so i'm hoping for a tenant to be in place soon. I've also updated the values of my properties for the first time in over a year. One had increased (with lots of observable market references to go by) but i also lowered another which was more subjective. Overall this resulted in an upwards revaluation of around 3%.

Cash balances were significantly higher following strong income and investment disposals. Whilst i'm less inclined to get straight back into equities with this surplus cash, another property investment is a possibility in the coming months.


Year to date net worth growth: 4%
Year to date savings rate: 67%