challengeclub's Net Worth for May 2020


Assets Value Change ($) Change (%)
Savings $25,100 ($1,100) (4.20%)
Stocks $3,300 $2,600 371.43%
Bonds $33,600 $32,500 2,954.55%
Superannuation $141,100 ($800) (0.56%)
House $380,000 - -
Investment Property $267,000 - -
Cars $10,000 - -
Personal Property $20,000 - -
Other Assets $244,000 $244,000 -
$1,124,100 $277,200 32.73%
 
Debts Value Change ($) Change (%)
House Mortgage $326,100 ($600) (0.18%)
IP Mortgage $133,500 - -
Credit Cards $0 - -
Total Debts $459,600 ($600) (0.13%)
Net Worth $664,500 $277,800 71.84%
*All values shown in AUD ($)
Notes:
MAY 2020

Bonds is Rental Bond $1100 (Half)
Plus now have added now also Land Deposit even though I haven't paid it myself ($32500) - because after all I will list entire house later as mine even if only joint
Because I am paying for it all almost except some contribution from Inna
[I only split joint accounts with Robert and one joint with Inna, but not House with Inna - but Inna's money is hers]

Mercer apartment determined to now be around $550,000 purchase price as doesnt look like collapse after all

Hadfield apartment is likely $390,000 value - as this is mid point of sale range (will be confirmed when sold - proceeds will be $10000 less for sell costs) = $380000

Cash includes half of all joint accounts + PayPal (at approx $2000 with ebay sales thus far)

More stocks bought but at a loss presently so may jump higher later

Retirement Super ok - had gone up but back to same again now - at least did not lose

INHERITANCE Coming - as mum passed away:
Therefore Other Assets is Inheritance
$29000 Cash (half of bank) + half of House (after costs) at $430000 proceeds = $244000 (received later in the year)
Reason for $430K proceeds is likely sale of $435K agreed with neighbour less $5K for all legals

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