Monthly Net-Worth Update — Oct 2020 — Added GOLD in the tracking
It is the end of Oct. So another update of our Net-Worth.
I read in an article that we should look at our net-worth from multiple perspectives. And one example mentioned in the article was GOLD.
So I added that in my tracking.
And it was not really encouraging to realize that all I had worked for was only worth a dozen KG of Gold.
But it is a new perspective. I will keep it for now and see how it goes.
Below are the numbers. Another boring month.
Net-Worth increase from last month: 5.47K SGD, 1.5KG Gold
The increase is mainly due to the appreciation of Chinese Currency against SGD, offset by losses in STI.
Investment: 1.87% annualized return, incl. dividend
Come on, STI! Definitely my worst investment so far.
But it is ok. I am in it for the long term. I will look at it when I retire.