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.
