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.
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.