Monthly Net Worth Report #13 and 14 – June & July

After a brief hiatus, I’m back and playing catchup as usual. So this Net Worth report will be a quick summary of two months for the price of one!

Recent Posts:

Before we get into some figures, here is a recap of what was posted since the last update in case you missed anything:

I have some other updates to share more broadly but have these are in another post.

So I hope you enjoyed some of the content during the last few months. Right…. onto some numbers!

Net Worth Snapshot

Let’s take a look at some numbers, this time covering both June and July. As usual, I break down my current financial assets as at the end of the month (July) and compare these to last month totals (May and June 2019). I also show the value from 1-year ago (July 2018):

Over the two-month period, total net worth crept has crept a little higher to £591,512 – an increase of just +1.6% (+£9,521) for the two-month period. However, excluding property, that translated into a larger increase of +7.1% to £363,657 (+£24,189).

Quite a difference there then when you look at the changes including and excluding property. Sticking to my methodology for estimating the value of my property, the estimated value fell £14,667 over the two-month period.

Essentially, I take the monthly Nationwide House Price Index and apply the percentage change (nationally) for the month to my property. I then refer to the current Zoopla market value estimate and then take the median of these two values as my anticipated property price. It’s not an exact science but its consistently applied and I think a fairly decent proxy overall. I’d say that in the current economic climate that’s probably about right, and when I look back at the trend for my estimated price over time, you can certainly see the slow-down playing out with a general down-trend emerging for 2019.

Actual value hidden for obvious reasons 🙂

Away from property, things have been very strong this past two months, particularly with regard to pensions and investments, which have grown a combined £30k (including my regular individual and employer contributions). Most of my personal wealth is sat in Vanguard Lifestrategy Funds which have been particularly strong of late. The 100% Equity Fund was up 19.8% year-to-date through the end of July, helped by the two best months of the year so far in June (+5.13%) and July (+3.73%), while the 80% Equity Fund has risen +17.16% year-to-date and equally had its best two months of the year in June (+4.26%) and July (+3.24%).

Vanguard LifeStrategy 100% Equity (Acc) – Price Chart
Vanguard LifeStrategy 100% Equity (Acc) – Cumulative Returns

So how does this impact the longer-term picture? Overall, my total net worth now stands 13.2% higher than a year ago (+£68,998) and, excluding property, that’s an overall increase of 26.0% (+£74,970). Overall that continues to be a positive trend.

So, that’s it for now. I hope you are having a great summer and I’ll see you again soon.

Until next time!

Dan

Do you have any comments, questions or tips for me? Please let me know by leaving a comment below

This Post Has 2 Comments

  1. Looks like a great month. Looking forward to reading more about your future updates!

    1. Cheers Dr. FIRE – Catch you soon

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Hello and welcome to Pursue FIRE. My name is Dan and I am the owner and author of all content on this site. I am passionate about personal finance and look forward to engaging with you.
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‘Moneyland’ examines how corrupt politicians and oligarchs move vast sums through shell companies in offshore tax havens before spending it in the world’s playgrounds for the mega-wealthy. This book is highly compelling.

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