2024 Year-End Summary — Financials

From Author

Dear Readers,

Thank you for coming here! 

Here is a quick summary of our 2024 from the perspective of financials.

Overall, 2024 is pretty ok for us.

1. We had pretty good TNW increment, above 40/40, but still have a lot of room before hitting 80/40.
2. Our investment portfolio recovered reasonably well in the year, even though we are still in the red. Of course I could have done much better if I had just sticked to the simple strategy.
3. Our flat had good appreciation as well.
4. In comparison, our employment income, especially mine, did not perform as well.
5. Interestingly, our total net-worth in terms of Gold is lower than Dec 2023. So measured in Gold, we are even poorer after a full-year's hard work.

Going into 2025, I need to sort out a few key items that could potentially move the needle big time, but overall I am hopeful.

We will continue the march towards 80/40 in 2025!

Last but not least, a huge thank you to all my readers! Wish you Merry Christmas and a Happy and Prosperous 2025!

Photo by Carson Arias on Unsplash

Till next time!!!