Monthly Net-Worth Update — Nov 2024

Photo by Morgan Housel on Unsplash

Dear Readers,

Thank you for coming here! 

Here comes the snapshot of our Total Net-Worth for Nov 2024.

Net-Worth increase from last month: +77K SGD, +1.02KG Gold

The increase was a combination of salary, stock market recovery, appreciation of our flat and exchange rate. Stock market performance was mixed, but net was a bit positive.

Our net worth, in terms of Gold, finally had a positive change after a while, partly due to the fall of Gold price.

Photo by 金 运 on Unsplash

Investment: -2.19% annualized return, incl. dividend

The road to recovery is still long.

Till next time!

Monthly Net-Worth Update — Oct 2024

Photo by Morgan Housel on Unsplash

Dear Readers,

Thank you for coming here!

Here comes the snapshot of our Total Net-Worth for Oct 2024.

Net-Worth increase from last month: +90K SGD, -0.94KG Gold

The increase was a combination of salary, stock market recovery, appreciation of our flat and exchange rate.

For Gold, the price is just flying. We cannot keep up with it.

Photo by 金 运 on Unsplash

Investment: -2.39% annualized return, incl. dividend

Last month was pleasant, but the road to recovery is still long.

Till next time!

Monthly Net-Worth Update — Sept 2024

Photo by Morgan Housel on Unsplash

Dear Readers,

Thank you for coming here! 

Welcome to the end of Q3 of 2024. Time flies!

Here comes the snapshot of our Total Net-Worth for Sept 2024.

Net-Worth increase from last month: +57K SGD, -0.48KG Gold

The increase was a combination of salary, stock market recovery and appreciation of our flat. 

In terms of Gold, Gold price has gone up faster than we could save. Just worth less and less Gold.

Photo by 金 运 on Unsplash

Investment: -3.42% annualized return, incl. dividend

The road to recovery is still long.

Till next time!

Monthly Net-Worth Update — Aug 2024

Photo by Morgan Housel on Unsplash

Dear Readers,

Thank you for coming here! 

Here comes the snapshot of our Total Net-Worth for Aug 2024.

Net-Worth increase from last month: -10K SGD, -0.82KG Gold

The decrease was mainly due to the USD exchange rate drop vs SGD.  

In terms of Gold, we have been doing quite badly because of the price hike in Gold and our portfolio does not include Gold.

Photo by 金 运 on Unsplash

Investment: -3.84% annualized return, incl. dividend

Not surprisingly, investment loss kept growing.

The road is still long.

Till next time!

Monthly Net-Worth Update — Jul 2024

Photo by Morgan Housel on Unsplash

Dear Readers,

Thank you for coming here!

Here comes the snapshot of our Total Net-Worth for Jul 2024.

Net-Worth increase from last month: +38K SGD, +0.07KG Gold

The increase was mainly due to increase in property value and salary, offset by stock market loss and the appreciation of SGD vs other currencies.

In terms of Gold, the price has increased a bit, basically offsetting the SGD gain.

Photo by 金 运 on Unsplash

Investment: -3.73% annualized return, incl. dividend

Absolute loss increased a bit this month, basically just in the last couple of days.

The road is still long.

Till next time!

Monthly Net-Worth Update — Jun 2024

Photo by Morgan Housel on Unsplash

Dear Readers,

Thank you for coming here!

Past few weeks have been really crazy with work. I do hope this will generate some good results for my career.

Here comes the snapshot of our Total Net-Worth for Jun 2024.

Net-Worth increase from last month: +61K SGD, +1.43KG Gold

The increase was mainly due to increase in property value and counting of two month of salary.

The stock market is flat for me this month.

In terms of Gold, the price has decreased by a few % which contributed to the increase.

Photo by 金 运 on Unsplash

Investment: -3.75% annualized return, incl. dividend

The improvement in return is purely because we deployed a large amount of cash into the market in Jun. In terms of absolute loss, the number is still as big as last month.

Till next time!

Monthly Net-Worth Update — May 2024

Photo by Morgan Housel on Unsplash

Dear Readers,

Thank you for coming here! 

Here comes the snapshot of our Total Net-Worth for May 2024.

Net-Worth increase from last month: +82K SGD, +0.83KG Gold

The increase was mainly due to stock market rebound, slight increase in property value and of course salary.

The stock rebound has been pleasant lately. But I offloaded a bulk of my portfolio beginning of this year. I am just a below-average investor who refuses to leave while the stocks are free falling, but offloads right before rebound or in the initial stage of rebound. Better for me to stick with Index and DCA and hope for the best.

In terms of Gold, the price has stayed largely flat compared to last month. So we see a small increase.

Photo by 金 运 on Unsplash

Investment: -8.09% annualized return, incl. dividend

Still sitting on huge loss.

Path forward is tough!

Till next time!