Monthly Net-Worth Update — Nov 2024

Photo by Morgan Housel on Unsplash

Dear Readers,

Thank you for coming here! 

Here comes the snapshot of our Total Net-Worth for Nov 2024.

Net-Worth increase from last month: +77K SGD, +1.02KG Gold

The increase was a combination of salary, stock market recovery, appreciation of our flat and exchange rate. Stock market performance was mixed, but net was a bit positive.

Our net worth, in terms of Gold, finally had a positive change after a while, partly due to the fall of Gold price.

Photo by 金 运 on Unsplash

Investment: -2.19% annualized return, incl. dividend

The road to recovery is still long.

Till next time!

Monthly Net-Worth Update — Oct 2024

Photo by Morgan Housel on Unsplash

Dear Readers,

Thank you for coming here!

Here comes the snapshot of our Total Net-Worth for Oct 2024.

Net-Worth increase from last month: +90K SGD, -0.94KG Gold

The increase was a combination of salary, stock market recovery, appreciation of our flat and exchange rate.

For Gold, the price is just flying. We cannot keep up with it.

Photo by 金 运 on Unsplash

Investment: -2.39% annualized return, incl. dividend

Last month was pleasant, but the road to recovery is still long.

Till next time!

Monthly Net-Worth Update — Sept 2024

Photo by Morgan Housel on Unsplash

Dear Readers,

Thank you for coming here! 

Welcome to the end of Q3 of 2024. Time flies!

Here comes the snapshot of our Total Net-Worth for Sept 2024.

Net-Worth increase from last month: +57K SGD, -0.48KG Gold

The increase was a combination of salary, stock market recovery and appreciation of our flat. 

In terms of Gold, Gold price has gone up faster than we could save. Just worth less and less Gold.

Photo by 金 运 on Unsplash

Investment: -3.42% annualized return, incl. dividend

The road to recovery is still long.

Till next time!

Monthly Net-Worth Update — Aug 2024

Photo by Morgan Housel on Unsplash

Dear Readers,

Thank you for coming here! 

Here comes the snapshot of our Total Net-Worth for Aug 2024.

Net-Worth increase from last month: -10K SGD, -0.82KG Gold

The decrease was mainly due to the USD exchange rate drop vs SGD.  

In terms of Gold, we have been doing quite badly because of the price hike in Gold and our portfolio does not include Gold.

Photo by 金 运 on Unsplash

Investment: -3.84% annualized return, incl. dividend

Not surprisingly, investment loss kept growing.

The road is still long.

Till next time!

Monthly Net-Worth Update — Jul 2024

Photo by Morgan Housel on Unsplash

Dear Readers,

Thank you for coming here!

Here comes the snapshot of our Total Net-Worth for Jul 2024.

Net-Worth increase from last month: +38K SGD, +0.07KG Gold

The increase was mainly due to increase in property value and salary, offset by stock market loss and the appreciation of SGD vs other currencies.

In terms of Gold, the price has increased a bit, basically offsetting the SGD gain.

Photo by 金 运 on Unsplash

Investment: -3.73% annualized return, incl. dividend

Absolute loss increased a bit this month, basically just in the last couple of days.

The road is still long.

Till next time!

Monthly Net-Worth Update — Jun 2024

Photo by Morgan Housel on Unsplash

Dear Readers,

Thank you for coming here!

Past few weeks have been really crazy with work. I do hope this will generate some good results for my career.

Here comes the snapshot of our Total Net-Worth for Jun 2024.

Net-Worth increase from last month: +61K SGD, +1.43KG Gold

The increase was mainly due to increase in property value and counting of two month of salary.

The stock market is flat for me this month.

In terms of Gold, the price has decreased by a few % which contributed to the increase.

Photo by 金 运 on Unsplash

Investment: -3.75% annualized return, incl. dividend

The improvement in return is purely because we deployed a large amount of cash into the market in Jun. In terms of absolute loss, the number is still as big as last month.

Till next time!

Monthly Net-Worth Update — May 2024

Photo by Morgan Housel on Unsplash

Dear Readers,

Thank you for coming here! 

Here comes the snapshot of our Total Net-Worth for May 2024.

Net-Worth increase from last month: +82K SGD, +0.83KG Gold

The increase was mainly due to stock market rebound, slight increase in property value and of course salary.

The stock rebound has been pleasant lately. But I offloaded a bulk of my portfolio beginning of this year. I am just a below-average investor who refuses to leave while the stocks are free falling, but offloads right before rebound or in the initial stage of rebound. Better for me to stick with Index and DCA and hope for the best.

In terms of Gold, the price has stayed largely flat compared to last month. So we see a small increase.

Photo by 金 运 on Unsplash

Investment: -8.09% annualized return, incl. dividend

Still sitting on huge loss.

Path forward is tough!

Till next time!

Monthly Net-Worth Update — Apr 2024

Photo by Morgan Housel on Unsplash

Dear Readers,

Thank you for coming here!

Here comes the snapshot of our Total Net-Worth for Apr 2024.

Net-Worth increase from last month: -5K SGD, -2.2KG Gold

The decrease was mainly due to stock pull back and also not including our salaries for this month, because the update was a bit earlier this month.

In terms of Gold, we are worth a lot less. Gold price in the last few months was just crazy. So cash devaluation is a serious threat. Not fun!

Photo by 金 运 on Unsplash

Investment: -11.16% annualized return, incl. dividend

Still sitting on huge loss.

Path forward is tough!

Till next time!

Monthly Net-Worth Update — Mar 2024

Photo by Morgan Housel on Unsplash

Dear Readers, 

Thank you for coming here!

Welcome to the end of Q1 2024. 

Once again, time flies!!

Here comes the snapshot of our Total Net-Worth for Mar 2024.

Net-Worth increase from last month: +73K SGD, -2.3KG Gold

The estimation of our flat value pulled back a lot this month, which could be due to the irrational increase last month.

My wife happened to decide to cash out some of her company stock, which was not tracked in this number. Guess why? Haha… But this cash helped compensate for the drop in property value.

The rest is just normal staff: salary, CPF, and a bit rebound from Chinese stocks.

In terms of Gold, we are worth a lot less. Gold price in the last 30 days was just crazy. So cash devaluation is a serious threat.

Photo by 金 运 on Unsplash

Investment: -9.26% annualized return, incl. dividend

Still sitting on huge loss.

Path forward is tough!

Till next time!

Monthly Net-Worth Update — Feb 2024

 

Photo by Morgan Housel on Unsplash

Dear Readers,

Thank you for coming here!

Here comes the snapshot of our Total Net-Worth for Feb 2024.

Net-Worth increase from last month: +115K SGD, +1.3KG Gold

The increase was mainly due to the appreciation of our flat and secondarily our salary.

I would say pretty good start of the year.

Photo by 金 运 on Unsplash

Investment: -10.21% annualized return, incl. dividend

Still sitting on huge loss.

Till next time!

Monthly Net-Worth Update — Jan 2024

Photo by Morgan Housel on Unsplash

Dear Readers,

Thank you for coming here! 

Welcome to 2024!

Here comes the snapshot of our Total Net-Worth for Jan 2024.

Net-Worth increase from last month: +76K SGD, +1KG Gold

The increase was mainly due to the appreciation of our flat, CPF annual interests, one-time income and appreciation of our investment currency against SGD.

My stock performed badly this month because I am still heavy in China. 

Photo by 金 运 on Unsplash

Investment: -10.51% annualized return, incl. dividend

The huge dip in investment return was due to actual dip in my portfolio, combined with the reduction of invested capital.

I exited a lot of my positions in the first few days of the new year, fearing the market will continue going down. The result is mixed.

But still sitting on huge loss for sure.

Till next time!