Monthly Net-Worth Update — Feb 2023

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Dear Readers,

Thank you for coming here! 

Here is the snapshot of our Total Net-Worth for Feb 2023.

Net-Worth increase from last month: 36K SGD, +1.06KG Gold

The increase was partly due to the inclusion of 2-month CPF contribution. So I did the update in Jan before the CPF contribution was credited and Feb after it was credited. So a bit cheating for this month, given year-end CPF was bigger.

Our stock portfolio incurred further losses in the past month.

In terms of Gold, the increase was also enlarged by the drop of gold prices.

Photo by 金 运 on Unsplash

Investment: -7.56% annualized return, incl. dividend

The rate continued to improve because we continued to put money into the T-bills.

Again, in plain and painful words, our portfolio performance did not improve. We are still in deep deep RED.

Till next time!

Monthly Net-Worth Update — Aug 2022

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Dear Readers,

Thank you for coming here!

Here is the snapshot of our Total Net-Worth for Aug 2022.

 

Net-Worth increase from last month: 5K SGD, -0.41KG Gold

My stock portfolio dropped again, eating up almost all our salary income.

The increase was really just CPF and some interests.

And we are worth less Gold because the price increased by more than 3%.

Photo by 金 运 on Unsplash

Investment: -16.04% annualized return, incl. dividend

More hard work is needed to make up the loss.

 

Till next time!

Monthly Net-Worth Update — Dec 2021

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Dear Readers,

We are officially ending 2021. 

And this will be the last update for 2021.

Our net-worth increased, but investment hit a new low. As a result, our net-worth increased less than 2020 during most of which I was not even working.

Ok. I have now witnessed the power of Capital from my own experience…

Photo by Visual Stories || Micheile on Unsplash

Below is the usual summary.

Net-Worth increase from last month: 42K SGD, 0.94KG Gold

The increase was due to “non-routine” income:

• My salary from last month + some encashment
• My wife’s bonus
• My freelancer pay

Luckily, the income was sufficient to off-set the drop in my portfolio, to at least end the year with a “positive” note.

The avg monthly increment of Net-Worth for 2021 is 13.6k SGD.

This is not only far from my 40/40 goal, but also lower than 2020, thanks to the huge loss of my portfolio. 

Photo by Mathieu Stern on Unsplash

Investment: -9.31% annualized return, incl. dividend

My portfolio hit a new low this month in the absolute value. And the annualized return rate was almost reaching the lowest point as well…

The loss pretty much eliminated my income from hard work for this whole year.

So be careful with stocks.

 

Happy holidays! And till next time!

Slight Recovery! Monthly Net-Worth Update — Nov 2021

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Dear Readers,

Thank you for coming there! 

Time flies. It is almost end of Nov.

Here is another monthly update of our TNW.

Net-Worth increase from last month: 10K SGD, -0.6KG Gold

This month is a bit special.

Due to some arrangements, I have not received my salary this month yet.

So it will be counted next month as to not disrupt our update cadence.

So coming back to this month, 30% of that increase was from recovery of stock portfolio and the rest was pretty much Forex. 

SGD dropped a bit against USD/RMB/HKD.

The gold price increased, causing our net-worth in terms of Gold to fall.

Photo by Mathieu Stern on Unsplash

Investment: -5.67% annualized return, incl. dividend

Compared to last month, it is slight recovery.

Hope the recovery continues.

Till next time!