Saturday, March 30, 2024

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!