My net worth for october 2009 increased by 1.22%. Not that much huh. This is due to my problematic tenant. Hopefully he will vacate the house in november as promised.
| Property | 85,815 | 81.53% |
| Shares | 6,663 | 6.33% |
| Savings | 11,072 | 10.52% |
| Gold | 1,700 | 1.62% |
| Total | 105,250 | 100.00% |
For two months (July & August), I didnt calculate my net worth due to complexity of my accounting. This week I spend some time to simplify my income statement and my balance sheet @ net worth.
For the first time, I purchased Kijang Emas. I purchase gold to hedge on my property investment in case BLR goes up. For this month net worth, I don’t include the recent acquired property net worth as it is still in legal process.
I already sold most of my shares with 12% annualized return. I expect the shares will go down in near future so I have to lock in my profit now.
For this month also, I spent money a lot due to Raya, balik kampung & car repair. If not my net worth would be much more higher.
| September | |||
| Property | 85,037 | 81.78% | |
| Shares | 6,176 | 5.94% | |
| Savings | 11,072 | 10.65% | |
| Gold | 1,700 | 1.63% | |
| Total | 103,985 | 100.00% |
I don’t calculate my networth for July 2009 because I just purchased another investment property and it is difficult for me to calculate it. Most of cash position already dumped into the new property.
I purchased one unit at Palma Puteri, Kota Damansara.
My net worth for June 2009 is RM104,718 increased by 3.0%.
Thanks to increase in share price and income from my auto saving. I spent around RM1,000 to repair the paquet of my rental apartment. If not my net worth would be RM105,718.
1) my own properties: RM65,993 – 63.02%
2) my rental properties: RM18, 044 – 17.23%
3) my shares – RM10,724 – 10.24%
4) my savings – RM9,957 – 9.51%
I reached the RM100k of net worth. Now I must get RM155k of net worth to get out from Under Accumulator of Wealth category.
My net worth for May 2009 is RM101,651 increased by 2.0%.
Thanks to increase in share price and income from my auto saving.
1) my own properties: RM63,557 – 62.52%
2) my rental properties: RM17, 787 – 17.50%
3) my shares – RM9,969 – 9.81%
4) my savings – RM10,338 – 10.17%
I reached the RM100k of net worth. Now I must get RM155k of net worth to get out from Under Accumulator of Wealth category.
My net worth for April 2009 is RM99,624 increased by 4.4%. Thanks to increase in share price and income from my rental appartment.
1) my own properties: RM63,557 – 63.80%
2) my rental properties: RM17, 530 – 17.60%
3) my shares – RM9,429 – 9.46%
4) my savings – RM9,108 – 9.14%
By next month, i want to reach RM100k of net worth 
. Currently most of my net worth is tied to my own residential properties. In 2012, i want to inverse it. work smart n work hard need to remind my self.
My net worth for March 2009 is RM95,456 down 0.23% from RM95,678. This is due to my debt settlement with my parents and bursa was not performing very well.
1) properties =RM80,833
2) share = RM8,782
3) cash = RM5,841
My net worth for February 2009 is RM95,678. It decreased by RM3,381 or by 3.41%. This is due to renovation of my rental apartment and also my shares went down due to the current market conditions which is not that good.
The breakdown are:-
1) Properties = RM80,578
2) Shares = RM10,090
3) Cash = RM5,010.
My net worth in January 2009 increased by 1.54% only to RM99,059.
The increases are mainly from my monthly ASB auto saving and rental income. I expect my February net worth will be reduced by RM5,000. The reduction is due to new expenses to renovate my rental property.
