This is the second update to my portfolio in 2020 and entirely based on my StashAway account statement as I’m slowly moving long term investment to StashAway.
2020 wasn’t a good start for investment. After a little unrealized loss at the end of January 2020 and some unrealized profit in the middle of February 2020, it ended up with -$1,801.42 as Coronavirus (Covid-19) fears turn into market panic. Actually it wasn’t the worst as fears and market panic lasted until now.
I added $7000 from cash and personal saving in February so in total I have $53k total investment before unrealized loss.
I’m aware that all investments involve some risk and with Covid-19 fear lasted until now and still continue, it may safe to increase my cash emergency fund. I’ll be stay focus on my long-term goals and my financial independence plan despite the fluctuations in the financial markets and other factors may cause declines in the value of my investment.
I hope things get better in the coming months.