July update

Over the past month, my net worth has seen a significant increase, soaring from US$135,312.00 to US$150,195.00. This positive development is certainly worth celebrating, but it’s crucial to exercise caution moving forward.

Let’s take a closer look at the highlights:

The good

• Noteworthy gains were achieved thanks to the stellar performances of Oatly, which rose by 27%, and PayPal, which experienced a 7.6% increase.
• Additional savings can be attributed to various factors, including earning extra income from private tutoring, an early redemption of a modest quarterly wellness bonus, and a reduction in expenses by incorporating this month’s holiday costs into last month’s expenditure.

The bad

• Unfortunately, Alibaba has remained relatively stagnant, failing to keep up with the broader market’s growth.

It’s worth noting that the strong performance of my investments aligns with the upward trends observed in most indices during the same time frame.

As I’ve consistently emphasized in my previous posts, maintaining a cautious and strategic approach to investing is of utmost importance. While my portfolio’s diversification has resulted in underperformance compared to the market this month, I remain content with the overall balance of my investments, and my confidence in the future remains unwavering.

I would like to express my gratitude for your ongoing support and encouragement. I eagerly anticipate providing you with the next update soon!