January 2009 Networth (+5.14%)
This is my first networth update for the start of this year of the Ox. Kong Hei Fat Choi to all my readers especially to my avid readers. Happy Chinese New Year to all!
Among my readers, there were two that stood out. Thanks to someone from Brampton Ontario Canada who visits my page everyday and had a total of 62 returning visits. And also to someone living in Dubai United Arab Emirates who also visits my site often having a total of 23 returning visits. And to all other readers, thanks for being a fan of my blog.
Despite the huge job cuts around the world by several companies brought about by the impending recession of a lot of economies, I still managed to somehow increased my networth on a month to month basis.
Cash (+6.55%)
Cash went up by 6.55%. This increase is mainly attributed to four aspects categorized as active and passive incomes:
- Salary savings for the month of January for which I saved 54.27% (Active Income)
- Cash value of maximum allowable unused vacation leaves in the company which were luckily untaxed (Active Income)
- My first Google Adsense Earnings which I accumulated for the past 8 months! (Active Income)
- Interest on Savings Accounts (Passive Income)
- A little cash dividend from my stock Ayala Land Inc. (Passive Income)
Unit Investment Trust Funds (+0.33%)
Unit Investment Trust Fund investments which were all invested in equity funds just went up by 0.33%. They are in Metro Equity Fund and BPI Equity Fund.
Mutual Funds (-0.1%)
Mutual Fund which were also invested in an equity fund of Sun Life went down by 0.1%. Good thing I just have a minimum investment here but I was amazed that it is incurring loss compared to my UITF investments since I invested in this fund last 2006 when the stock market is lower than the time I invested in my UITFs. Maybe there were a lot of withdrawals and redemptions happening in the side of investors.
Stock Investments (+1.14%)
Stocks rose than its December 31, 2008 values. Some stock that heavily increased are FGEN (+32.65%), ALI (+6.25%) and SM (+3.125%).
Overall, on a month to month basis, my networth increased by 5.14%.
P.S. I am launching a new website called “Millionaire SEO” as I study Search Engine Optimization as another possible passive income.
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13 comments
I’m the one from Brampton, Ontario…. Thanks for the recognition… Keep on blogging!
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Thanks Jayson.
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i guess i “might” be the one your referring to as visitor from Dubai on your blog.
i do often as much as possible to read it and learn few tricks from having to do with business and investments in the philippines.
Keep on writing….
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Impressive that you have been able to find an increase is this economic shakedown.
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I envy you. Nice post! Is it ok if I exchange links with you?? Please link my blog http://www.semidoppel.com, Thanks!
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Thanks Curt, without the cash increase, there will be no increase in networth. All investments were really down relative to its original principal. Good thing they increased a little bit on a month to month basis. I guess cash is king for the moment as we all wait for the good effects of the bail out of the Obama Administration.
Thanks Semidoppel for dropping by. I already added you in my blogroll. Please link me too.
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Pa-burger ka naman jan! LOL. Nice post! I was thinking of making a similar post last month kaya lang, sa sobrang pag-fluctuate ng stocks at mutual funds ko, nakakainis na makita kong bumabagsak yun kaya nde ko na lang tinuloy hehe. Good luck in your money-making journey and congrats again!
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Hi James, nice to see you on my blog. Thanks for visiting and commenting. By the way, how’s your house that blogging bought? Hehe. Congrats also for that and more power to your site as well.
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Hi Tyrone! Congrats! Hope magtuloy-tuloy yan!
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Hi Tyrone. Oks lang naman. Pero naghahanap na rin ako buyer para mabenta na. Flip and earn! Hehe…
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Thanks Ken. Sana nga
James, nice “flip and earn”. I wonder if you would sell your blog since you have already flipped it much. :)Definitely, there would be a lot interested in your tag price.
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Actually, there have been several offers in the past, pero yung iba mababa lang. In the first place, nde ko naman siya talaga balak ibenta pa
By the way, I love the articles you’re writing. I quoted you in a recent post I published: Math formula to check if you’re rich
Keep it up!
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Thank you James.
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