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31 May 2022 Liquid Assets Update – Big drops across all classes
By Finance Smiths  •  June 1, 2022
I was not looking forward to updating my Liquid Assets Google Sheet today. It was looking like a terrible month financially for us and finalising the 31 May 2022 numbers on my blog just made it a lot more real. This has to be the one of the worst end of month performance for us so far as our liquid assets recorded big drops across all classes. The only other time I can remember the figures being so bad was the 31 Mar 2020 update and that was when the financial markets were smashed by Covid lockdowns. Let’s get into it.

Cash: S$17,000

I kept averaging down on my existing stock and crypto positions as the markets dropped. Because the fall was so quick and steep, I used up a lot more cash than I was expecting. And I have a few big expenses this month to pay for. So...
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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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