The August 2017 Cheesy Index provided yet another positive month, but the (Dutch) stock market fluctuations did make a small dent. We did have a very good savings rate, dividend income and rental income, which helped us increase our net worth in August.
August 2017 Cheesy Index
Considering the low expenses and good investment income, the Cheesy Index continued to increase to new heights! The August 2017 Cheesy Index increased to 63.6%. We are still aiming for 65% by the end of the year, which we are confident we will reach. We are anticipating to breach the 64% barrier in September, subject to stock market fluctuations, of course.
Cheesy Index Forecast
We actually got Mrs. CF’s final tax assessment back for 2015. This means we can finally also book this tax return into our net worth. I’m quite happy with this considering I’ve been manually correcting the net worth (and this Cheesy Index) for the last year and a bit. We had initially received too much and were required to pay about half of the amount back.
The error came from misinterpretation when filling out the paper tax forms. Why the paper version? Because it was the year we got back from our international adventures, you cannot file digitally for those years….. What was the final tax return? Around €1550! That’s a lot of money, so we are happy with this corrected assessment.
More good news for the future Cheesy Index is the return of overpaid money for utilities. We received about €896 back last week. Pardon?! How much, I hear you ask. Too much! The main reason is that we moved last year. The previous owners had just installed solar panels and that extra savings had not been include in the energy consumption for this address. In short, our energy supplier expected a high use and thus gave us a high monthly payment to start with.
In reality we used much less than the previous owners and the solar panels provided quite a bit of energy too. So in the last year we had dropped the monthly payment twice (by about a third!), as we noticed we did not use as much. Still, we got a massive amount. Won’t happen again this year!
How were the developments in your net worth or “index” for August?