USD has fallen slightly which is great for those shopping at Amazon during Black Friday and Cyber Monday but not so good for our StashAway portfolio. lol.

On a side note, I realized that the statement is different again this month!

1. ACCOUNT SUMMARY (as of the last day of the month)

The exchange rate at the start of the month was 1 USD = 1.3608 SGD as compared to 1 USD = 1.347 SGD at the end of the month. What does this mean? If you are optimistic, it means that you will be able to buy more underlying ETFs units for the same Singapore dollar (assuming the price of the ETF remains constant) going forward. On the other hand, it also means that your current USD investment/portfolio is worth lesser as compared to when you first invested which is why our portfolio would be experiencing a negative currency impact. On the