I did a quick calculations of my overall net worth and see that I have achieved the first goal I set for the year - 30k by end 2020. In fact, I actually achieved it last month but due to uncertainties in the market, I felt that the market value could potentially dipped down any time. Nevertheless, as I cross a little more above the mark, I thought I pen it down here.
Cash | 7,300 | 23% |
Bonds | 1,000 | 3% |
Equities | 23,000 | 73% |
Total | $ 31,300.00 | 100% |
I am glad I took the leap of faith to continue to trust on the fundamentals of companies and purchase the shares despite the bearish sentiments earlier in the year. I believe these sentiments might come back soon and I will seize the opportunity as well. Networth to reach 40k by end of year? I hope I can achieve that.... The second goal of $600 dividends for the year is also well on track and I will perhaps make a post about it when I hit it or end the of the year.
Side note: TSMC's earnings is released at the time of this post and I hope that the strong fundamentals of this company prevails. The semiconductor industry just barely took off.
Thanks for reading,
O
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