$10,000 Investments....6 months on!
On the 1st July 2012 The Art of Investing team invested a hypothetical $10,000 in five different asset classes.
6 months on here are the results...
The At Call Cash account has made $260.83 thus far however looks like yielding a lower return over the next 6 months due to several interest rate cuts by the Reserve Bank.
The Term Deposit has made $260.00 thus far and remains on course to make $520 at the end of the financial year
The Property investment has returned a health 10.1% in the 6 months from 1 July equating capital growth of $1,010.
The Australian Share portfolio has done very well. Each share has increased in capital value. The overall portfolio value is now $11,593.77, capital growth of $1,593.77 and also dividend income of $217.76
Finally the International Share managed fund has done quite well considering the goings on in the European and US economies. The half hedged strategy showed the way with a 7.7% return and the unhedged made a respectable 5.7%. Total capital growth of $670 for 6 months.
If we combine all of the above results into one portfolio....
it would now be worth $53,123.77 (6.25% growth in 6 months) and have provided $738.59 of income. Not too bad in a sluggish economy!
Stay tuned for the end of financial year results to see how we went!
Cheers,
TAOI
