Tuesday, May 24, 2022

Monthly Net-Worth Update — May 2022

 

Photo by Josh Appel on Unsplash

 

Dear Readers,

Thank you for coming here!

 

It is the magic May and it seems to be another "Sell in May and Walk Away".

 

Below is the summary of our Net-worth.

 

Net-Worth increase from last month: -13K SGD, 0.57KG Gold

The drop of Net-Worth this month is half from stock market drop and half from depreciation of SGD vs RMB, which means my RMB portfolio is worth even less.

As for Gold, the price dropped quite a lot so our net-worth in terms of Gold actually increased.

Photo by Tezos on Unsplash

Investment: -16.8% annualized return, incl. dividend

The record has been broken yet again, both in terms of return rate and definitely in terms of absolute value.

So lots of hard work ahead for me to make up for the losses.

 

Till next time!

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