Skip to content Oof… October hurt. The bonus hasn’t even landed in my account yet, and the market has already spent it for me! Earnings season turned into a bit of a horror show, with one company after another disappointing, and the whole market’s mood just soured.
The result? DOWN $24,955 for the month, and that’s even after I kept adding money in as usual. Not a fun feeling.
The annoying part is that Aussie shares actually finished in the green. The damage came from my Satellite ETFs and Emerging Markets, the exact areas I’ve been leaning into this year after hitting pause on adding more US exposure. So yes, my own allocation calls cost me this month. Sometimes you beat the market, sometimes the market educates you!
Am I changing the plan? Nope. I made those shifts for long-term reasons, not to win one month, and a bad month is part of the deal. So it’s back to the boring stuff: no chasing hype, no guessing the bottom, keep DCA-ing. I do see a few opportunities heading into November. Gold is about 30% off its all-time high, so I’ll top it back up to my target allocation.
The one bit of good news came from bricks and mortar. It’s been 12 months since I bought the Melbourne investment property, so I got it revalued and it came in up $13k. Every bit helps I guess! I also paid down $7.6k of the loan while refinancing. Between the two, that’s why net worth is still holding around $700k even with the portfolio taking a hit.
Superfund – SMSF
Balance: $298,216.31 (down $11,059.83)
Comment: The biggest dollar hit of the lot this month. Nothing to do here except keep the contributions rolling and let time do its thing.
Long-Term ETF – NAB Equity Builder
Balance: $200,476.10 (down $6,003.58)
Debt: ~$89,800 | Equity: ~$110,700
Comment: Leverage works both ways! At least the debt is still slowly coming down.
Wifey Portfolio – Betashares Direct + Tiger
Balance: $158,919.89 (down $4,572.18)
Comment: Tiger has now been moved across into the Wifey portfolio, so it’s one less account to keep track of. Dipped with everything else this month.
School Fee Portfolio – Moomoo
Balance: $29,394.79 (down $1,278.07)
Comment: Little one’s education fund took a small knock too, but it’s a long game for this one (plenty of time to bounce back!).
📊 Total Portfolio Summary
Gross Funds: $700,268
Net Equity: $597,868
This Month’s Loss: -$24,955 oof!
Net Worth: still holding around $700k, thanks to the property revaluation and loan paydown!
