Friday, October 30, 2020

Monthly Net-Worth Update — Oct 2020 — Added GOLD in the tracking

Dear Readers,

Thank you for coming here!


It is the end of Oct. So another update of our Net-Worth.

I read in an article that we should look at our net-worth from multiple perspectives. And one example mentioned in the article was GOLD.

So I added that in my tracking. 

And it was not really encouraging to realize that all I had worked for was only worth a dozen KG of Gold.

But it is a new perspective. I will keep it for now and see how it goes.


Below are the numbers. Another boring month.

Net-Worth increase from last month: 5.47K SGD, 1.5KG Gold

The increase is mainly due to the appreciation of Chinese Currency against SGD, offset by losses in STI.

Investment: 1.87% annualized return, incl. dividend

Come on, STI! Definitely my worst investment so far. 

But it is ok. I am in it for the long term. I will look at it when I retire.


Till next time!

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