challengeclub's Net Worth for June 2021


Assets Value Change ($) Change (%)
Savings $387,000 $27,800 7.74%
Stocks $68,600 ($34,400) (33.40%)
Bonds $34,700 ($10,000) (22.37%)
Superannuation $161,900 $2,800 1.76%
House $0 - -
Investment Property $275,000 - -
Cars $7,500 - -
Personal Property $15,000 - -
$949,700 ($13,800) (1.43%)
 
Debts Value Change ($) Change (%)
House Mortgage $0 - -
IP Mortgage $133,500 - -
Credit Cards $0 - -
Total Debts $133,500 - -
Net Worth $816,200 ($13,800) (1.66%)
*All values shown in AUD ($)
Notes:
JUNE 2021

CASH
Cash includes half of joint account with Robert
All my bank accounts
Half of joint account with Inna
My PayPal/Cash notes
(Inna's bank accounts excluded)

STOCKS
Stocks is holdings (and any cash in accounts) within ANZ
Plus all holdings and cash within CommSec (CommSec is not half only as I funded it fully and it is all for House)
And half of holding plus cash (now small amount of cash only) within Westpac
Because only half will be sold for House mortgage

BONDS
Bonds is Rental Bond $2200
Plus Land Deposit for House $32500
No more Loan to Inna so no longer relevant
Bonds: $34700

REAL ESTATE
Assume value of the IP is still only $550K

***Land should be settled in August and will be paid for in cash - there will be costs with this but overall networth will go up because the land is now worth more than contract price / Will reduce cash balance and deposit bond and pay fees to but will add value of the land as more like $380K (based on latest release for equivalent block) so networth will be up more / At this point may consider counting all of Inna's worth in as well - ie now a new joint entity and be done with it as already all blended****

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