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| 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.
Investment: -4.94% annualized return, incl. dividend
Still in deep RED.
Till next time!
Hi, even though your annualised return is negative, at least the 2023 return is positive? Always look on the bright side. A few more years like 2023, and your portfolio will turn fully green.
ReplyDeleteYes, 2023 is positive! And yes, a few more years like 2023 will be sufficient because our invested capital will keep getting bigger.
DeleteThank you for your encouraging words!!! Really appreciate it!
Happy New Year and wish you a prosperous 2024 too!