Thursday, August 27, 2020

Monthly Net-Worth Update - Aug 2020 - biggest increase since Feb

 green plant in clear glass vase

Dear Readers,


Thank you for coming here.

It is August, time for harvest!

We had our biggest monthly increase in Net-worth, since Feb, the month when my salary stopped.

Below are some details.


Net-Worth increase from last month: 32.57K SGD

The increase is mainly from my freelancer pay and, of course, the STI dividends.

Part of my freelancer pay has landed this month. It is equivalent to roughly two month's pay. According to the arrangement, I would have another 3 month's pay coming. 

Our next contract signing is imminent. Hopefully, the 3 month will follow soon.

Another major reason for the increase is the STI dividends. Due to our entry at the highest point, we are still in the red. We will just leave it there for the long term.


Investment: 2.94% annualized return, incl. dividend 

[I just realized a mistake in my last month update. The investment return indicated there was not time weighted. I must have looked at the wrong column. I have corrected it. Sincere apologies!]

Since March, our investment return has been increasing bit by bit, with the market. But due to lack of capital injection, the performance was nothing to be highlighted.

Hope the pandemic control will ease soon and I could finally onboard and kick start my career again! 


Till the next time!

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