Phew, another month flew by since I last updated my net worth. And once again I feel obliged to say “what a month it’s been”: stocks were all over the place, currencies didn’t know which way to turn, and the commodities market took yet another beating. Let’s find out how this uninfluencable cocktail affected my portfolio.
What a run we’ve been on the past few weeks! Stocks soared after being in the gutter since August. The reason? No one knows! What I do know, however, is the effect the rebounding markets have had on my assets and consequently my net worth. Let’s take a look.
With another month behind us, it’s high time we take a look at the performance of my portfolio of stocks, exchange-traded funds and cash holdings. Their size directly determines my progress towards financial freedom, so it makes sense to keep close tabs on them. After all, a high net worth equals more flexibility and freedom in life.
Trouble in paradise! This will be the first net worth update with a negative month-over-month result, ouch! Since many other bloggers experienced negative returns the past month already, I couldn’t lag behind of course. So let’s take a look at the damage that was done to my precious nest egg.
Since we’re already two weeks into July, the time has come to once again take a quick look at my portfolio. Portfolio performance is a fickle and whimsical beast, but even as a dividend growth investor I keep tabs on my net worth. After all, what’s not to like about seeing the numbers tick up month after month?