Dear Readers,
Thank you for coming here.
It is the end of the month, which means it is time for another monthly Net-Worth update.
Net-Worth increase from last month: ~17K SGD
The increase was mainly due to capital gain from overseas stock market, and additional CPF contribution from my leave encasement last month.
For stock market, the increase was mainly from China market. For the World market, the recent fall of the market was more or less offset by the strengthened USD against SGD, as of yesterday. So the fall today (Feb 26 2020) was not considered.
I was quite surprised by the increase in our Net-Worth, since I did not have my salary this month. Due to the virus, my offer and on-boarding was delayed at least to next month. The work I delivered this month will be considered as free-lance. Hopefully, I will get paid later. No big deal if I wont.
Investment: 7.83% annualized return, incl. dividend
Compared
to the annualized return of 6.04% last month, it is an increase.
I have no idea why China Market is increasing despite the virus.
As mentioned in my previous entry "Basics 03: My investment journey and outcome", we have stopped putting money into the market in the 2nd half of 2019. We are not sure what to do now and I really do not have much time to think about it. So I guess we will just wait and see.
Till the next time.
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