Asset breakdown as of end October:

Total AuM: $75,531

Reliable AuM: $57,609 (▴$450)

Notes:

A. Equities portfolio dropped: equities were on a decline in October. The largest stock in my portfolio saw -15% at its “peak” (it has since recovered partially to -5%). Over the course of the month, I had deposited a further ~$6,500 on three separate instances.

B. Year-end holidays: This is an October item, but I’m setting aside ~$750 for short trips in the region. It’s a good time to go on a long awaited break!

C. A/R back down: Received a good amount of A/R. Pending a few other items which I have just followed up on.

D. Significant discretionary expenses: October is the time of the year where I spend significantly on gifts/occasions…

E. Abstained from an enormous (relatively) expense: I saw a secondhand camera listed on Carousell at $6,500 (I just noticed the coincidence with part A!!). Was very much tempted to make the buy, but I think I would have regretted over it, or panicked over finances shortly after…

Overall, the increase in AuM fell short of expectation, by a huge margin. A good amount of this is attributed to the pullback in equities. That said, I also made sizeable expenses and took a short trip. Will have to watch the outflows to avoid falling behind my forecasts.