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3Q2020 portfolio update and investing more
By Finance Smiths  •  October 2, 2020
I just updated our end Sep 2020 net worth numbers and they are looking worse than the previous months. Lowest increase in monthly net worth since the market crash in Mar 2020. Which means that the markets have dipped and this explains why I invested more in the last month. I continued to buy ETFs to increase my diversified position in various local and overseas markets. More importantly, I started buying individual stocks whose share prices have fallen significantly that I reckon can benefit from the eventual economic recovery. However, I expect this to be a long and arduous economic recovery as countries face difficult choices. Between being aggressive by opening up more to save businesses and jobs vs being more cautious by keeping the lockdown in place longer to preserve lives. This is exactly what it means to be stuck between a rock and a hard place as countries take 1 step forward that could result in them...
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By Finance Smiths
Late 30’s couple with 2 small kids living in Singapore writing about our financial progress as a family.
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