2023 Year-End Summary — Financials

From Author

Dear Readers,

Thank you for coming here!

Here is a quick summary of our 2023 from the perspective of financials.

Overall, 2023 is reasonably ok for us.

1. We have finally reversed the declining trend of monthly TNW increment Year-on-Year, even in the most conservative scenario.
2. We have achieved our 40/40 target ahead of time on paper. A big part of that was because we started reflecting the market value of our flat. 

Marching towards 80/40 and finger-crossed for 2024!

Wish all of my readers a Happy and Prosperous 2024!

Photo by Carson Arias on Unsplash

Till next time!!!

Monthly Net-Worth Update — Dec 2023

Photo by Morgan Housel on Unsplash

Dear Readers, 

Thank you for coming here!

Welcome to the end of 2023! 

Time flies. And 2024 has much to look forward to.

Here comes the snapshot of our Total Net-Worth for Dec 2023.

Net-Worth increase from last month: +32K SGD, -0.19KG Gold

Despite the rally, my portfolio recovered just a little, because I have pretty heavy position in Tencent, which was hammered badly by China’s new gaming regulation right before Christmas.

Further losses from my wife's portfolio was also counted in this update. Her portfolio is mainly Chinese stocks. So not surprisingly, another year of pretty significant loss.

Gold prices increased a lot in the past month. And that wiped out our net-worth increment measured by Gold.

Photo by 金 运 on Unsplash

Investment: -4.94% annualized return, incl. dividend

Still in deep RED.

Till next time!