Because things are the way they are, they will not stay the way they are.
Berthold Brecht
Twice a year I prepare a summary of total income from my portfolio. This is my tenth portfolio income update since starting this record. As part of the transparency and accountability of this journey, I regularly report this income.
My goal is to build up a portfolio capable of providing a passive income of around $90,500 by July 2022 (Portfolio Goal).
Portfolio income summary
Investment
Amount
Vanguard Lifestrategy High Growth (retail fund)
$66,713
Vanguard Lifestrategy Growth (retail fund)
$3,627
Vanguard Lifestrategy Balanced (retail fund)
$5,758
Vanguard Diversified Bonds (retail fund)
$5,909
Vanguard Australian Shares ETF (VAS)
$4,645
Vanguard International Shares ETF (VGS)
$2,024
Betashares Australia 200 ETF (A200)
$3,394
Telstra shares (TLS.ASX)
$43
Insurance Australia Group shares (IAG.ASX)
$89
NIB Holding shares (NHF.ASX)
$120
Plenti/Ratesetter (P2P lending) (estimated)
$150
Raiz app (Aggressive portfolio)
$210
Spaceship Voyager app (Index portfolio)
$0
BrickX (P2P rental real estate)
$42
Total Portfolio Income – Half-Year to June 30, 2021
$92,724
The chart below sets out the income or distributions received on a half-yearly basis from the financial independence portfolio over the past five and a half years.
Presented visually, the chart below is a high-level view of the current asset allocation of the portfolio.
Comments
The portfolio has gained around $63,000 over this past month. This has meant a partial recovery from the steep falls experienced last month.
All elements of the portfolio contributed to this return to growth, except for a small fall in the value of gold holdings.
Over the month the portfolio has increased by a total of 2.5 per cent. This growth means that the portfolio is once again operating just above the final portfolio goal, following it first reaching that level in late December 2020, and spending some time above it through the early part of this year.
Once again the equity component of the portfolio grew this month, increasing by around $60,000. This pushed forward the equity portfolio to two significant milestones.
First, the Australian equity portfolio has broken the $1,000,000 mark. By way of comparison, Australian equities represented $280,000 at the beginning of this record in early 2017.
Second, the total equity portfolio – including global equities – has now reached $1.7 million, or 88 per cent of the intended target allocation (of $1.9 million, or around 75 per cent of the total portfolio goal).
The value of Australian equities grew by around 2.0 per cent, and the value of international shares increased by around 4.3 per cent over the month.
