Dear Readers,
Thank you for coming here.
Welcome to the end of March. Hope we are all doing OK and hope this virus thing will be over soon.
Net-Worth increase from last month: -56K SGD
This is the biggest decrease so far to our Net-Worth since we started to track it about two years ago.
You guessed it. The decrease was due to the stock market crash.
Investment: -3.76% annualized return, incl. dividend
Compared
to the annualized return of positive 7.83% last month, it is a huge drop.
We are experiencing the biggest paper loss since we started our investment journey, in terms of the absolute value. However, this is not the worst for us in terms of return rate. We have seen far worse. Maybe we can consider this a benefit of starting to invest at the peak of the market and experiencing the correction shortly after... Haha
There has been quite a lot of reports "confirming" that we are actually in a recession, instead of a very short-term crisis. I have written a post earlier this month to urge you to stay invested and ride out the storm, if you are a DIY index ETF investor with a long investment time horizon, especially if you still have your pay check. The suggestion still stands and this is what I am going to do with my World ETF.
I still have a bit of warchest money left. I plan to hold on for a while before deploying it. My previous deployment into ES3 and IWDA proved to be too early. Lets see what happens.
Wish us all all the best! Till the next time.
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