Stash April/June 2020

This will be my last stash report for a while. I will be studying postgraduate Oncology from mid July onwards so I expect to be busy. This series of posts has been useful for me to focus on our finances whilst we both made the decision to buy a house; move to the outback of Australia and start new jobs, all during the unexpected Coronavirus pandemic. We had a lot going on with our parents visiting both back in Coffs and here in Broken Hill. It was always an imperfect snapshot anyway. I did not include my partners income or go into all our outgoings or incomings. Life is to short for such shenanigans.

My Net Earnings

$1,912 (May)
$35,780 YTD

I could go into more detail here and show gross earnings with all the deductions but that is just kind of sad… on many levels

My Superannuation

$110,797

This number just reflects the froth and bubble on the sharemarket at the moment.

Our Cash in the Bank

$8,377

This has always excluded my partners balance, it’s not my business to share that shit.

Jointly Owed on Mortgage (Rate: 2.84%)

$416,049

Estimated Home Value

$200,000

Estimated Value of our old house in Coffs

$600,000

My Equities

$58,842

No changes, the market is silly at the moment. I’m not buying it.

VDHG(144); GOLD(15); IAF(36); IEM(104); VAS(215); VGS(232)

Summary

Next month is tax time so it seems a good time to stop.

April/June Networth is $247,793

I’ll continue with stash reports but not monthly. I’ll need to work out a better format. Watch this space. Unless you have a life of course.

Other posts

Stash May 2020

It all happened didn’t it? This could have been an absolute clusterfuck but luckily for us moving to a new home and job in the outback during a pandemic was okay. Thanks to the awesome team at LiteMoves the move was hassle free. Our house in Coffs is being …
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Stash April 2020

The global COVID reset button has been activated to coincide with our move out west. My Mum and JB have not been able to fly back to the UK. So their holiday has turned into an extended stay with us. It has been great to have them both here. JB …
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Stash, March 2020
My networth this month continues to be all over the shop. Money is flowing out as the house renovations are finalising and a trip to Darwin NT. Equities are of course crashing on the back of COVID-19. I’ll keep it short.

Net Earnings
- $3073 (February)
- $30,469.84 …
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Stash, February 2020

Last year we booked tradies to begin the final stages of renovating our old wooden house. Nothing too major, a few repairs and a lick of paint. So, naïve… The scaffolders arrived on Monday as planned and wrapped our little house in iron bars. Our builders found major repairs in …
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Super Stupid

I just read a New York Times aricle about Leon Black and his company, Apollo. A nasty outfit by the sounds of it. The article states that some of Apollos best customers are pension funds. In 2016 Apollo used the pension funds to slash health and retirement benefits for the …
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Stash!

Fifteen years ago I was following the founder of the Moxie cinema as he tried to work out his business. He shared his plans and budget on his blog and asked for comments. This was one of the things I loved about the internet. Suddenly we could share out thoughts …
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Mihamon Management

Hello there H, You asked for some money advice. Let’s be clear I am no financial advisor. I am barely financially literate. It’s true however that I put my beloved R to sleep at night regaling her with my financial equivalent of a shortsighted Don Quixote attacking windmills …
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