Aussie Firebug

Financial Independence Retire Early

Firstly I would like to say that it has been quite some time since I have posted anything. This is because I just got back from an international holiday which involved an annoying large amount of ‘activities’ instead of relaxing which I had plan to use to write a few posts. Any-who! A few things have changed.

Firstly you may have noticed that I have removed my car from my net worth. It really shouldn’t have been there in the first place. Any depreciating asset has no business to be considered part of my portfolio. Which leads me to another controversial part of the portfolio…Super. Should I or shouldn’t I include my Super as part of my portfolio? I changed my mind on this a couple of times. As I plan to retire young, Super does not help me achieve this goal as should be separated from my ‘real’ portfolio which will be used to calculate my real net worth position. However, I’ve decided to keep my Super in my portfolio for this blog purely for the readers to see. In my own spreadsheets I have removed it but for the purpose of transparency I will keep it in here for all you readers to see it. Speaking of which, I checked my Super and it’s up $5K (mostly contributions from my employer) since the last time I checked it.

I bought property number 3!!! Exciting times. Everything went really smoothly and I’m happy with the results so far. Starting to really gather momentum with the properties as half of this one was funded by equity from my other two. I hope I can reach a stage eventually where I can simply wait a year or two and just pull equity to buy the next and so on.

And lastly, one of my properties went up by $4K during the purchase of IP number 3!



Date Rolling NetWorth $ Change % Change Notes
1-Jan-2011 -$36,000.00 $0 0.00% HECCS debt
1-Jan-2012 -$32,000.00 $4,000 0.00% Started Full-time work late Nov
1-Jan-2013 $20,000.00 $52,000 0.00% Built property and recieved FHOG ($21,000)
1-Jan-2014 $45,000.00 $25,000 125.00%
1-Jan-2015 $83,254.21 $38,254 85.01% Bought second IP
17-Feb-2015 $110,215.44 $26,961 32.38%
18-Feb-2015 $121,541.41 $11,326 10.28%
4-Mar-2015 $123,715.44 $2,174 1.79%
18-Mar-2015 $122,128.44 -$1,587 -1.28% Paid for holiday
15-Apr-2015 $125,906.00 $3,778 3.09% Withdrew equity from property
14-May-2015 $127,906.96 $2,001 1.59%
18-Jun-2015 $131,904.96 $3,998 3.13%
21-Jun-2015 $152,904.96 $21,000 15.92% IP’s revauled
12-Jul-2015 $159,904.96 $7,000 4.58% Paid 4K off HECS Debt
23-Jul-2015 $161,904.96 $2,000 1.25%
31-Aug-2015 $167,904.96 $6,000 3.71%
31-Sep-2015 $170,110.89 $2,205 1.31%  Car went out of Portfolio, Bought IP 3, Super went up and one IP went up




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Download My Networth Sheet

Download my personal spreadsheet I use to calculate my net worth each month