Wednesday, July 01, 2015

Financial Review - June, 2015

June was a terrible month for my investments.

Net worth took big fall on the back of falling stock markets with the losses being increased my adverse FX movements. Expenses were high as we moved homes (temporarily).

Here are the details:

1. my Hong Kong/China equity portfolio fell sharply. There were no transactions this month;

2. my AU/NZ equities fell moderately. There were no transactions this month;

3.my equity ETFs fell sharply (India, Vietnam, Hong Kong and China) in line with the local markets. There were no new purchases;

4. my commodities fell slightly. Silver is my only position;

5. all tenants are paying on time. We are currently living in one of our rental units while our primary home undergoes some long overdue redecoration;

6. currency movements were negative with the NZD and the AUD falling;

7. my position in bonds remains small;

8. expenses were very high as we have paid for part of our moving costs and the first instalment
 on our home renovation project;

9.there were no transfers to Mrs Traineeinvestor this month.

My cash position fell. I currently hold 35.3 months of expenses in HKD cash or equivalents. 

For June, my net worth fell by 4.05%.  The year to date increase is 3.46%. 

Financial Review - May, 2015

May was a poor month for my investments.

Net worth took hit.  Asian equities and Au/NZ equities more or less went sideways in local currency terms, silver nudged slightly lower but FX movements were highly unfavourable. Expenses were moderate.

Here are the details:

1. my Hong Kong/China equity portfolio went sideways. There were no transactions this month;

2. my AU/NZ equities were flat. There were no transactions this month;

3.my equity ETFs went sideways (India, Vietnam, Hong Kong and China) in line with the local markets. There were no new purchases;

4. my commodities fell slightly. Silver is my only position;

5. all tenants are paying on time. We will move into a vacant rental unit while our primary home is undergoing renovation;

6. currency movements were strongly negative with the NZD and the AUD falling sharply;

7. my position in bonds remains small;

8. expenses were moderate.  Expenses next month will be very high as we are about to pull the trigger on our home renovation project;

9.I made a transfer to Mrs Traineeinvestor this month.

My cash position fell. I currently hold 38.7 months of expenses in HKD cash or equivalents. 

For May, my net worth fell by 1.3% - just about all of this was due to currency movements. The year to date increase is 7.41%. 

Tuesday, May 05, 2015

Sinolink Holdings sold

Last week I sold the rest of my shares in Sinolink Holdings (HK:1168). I held the shares from November 2012 and with a few sales and purchases along the way, made a net profit of around 37%. This was a reasonably reasonably large position for me so the overall impact on the household net worth was a decent one. However, like all my recent sales, I sold too soon - I had held my entire position until today, the net profit would have been close to 60%. Oh well ....