Portfolio Update - April 2023

Portfolio Summary

Here is a summary of my portfolio at the top level:
Raiz Aggressive Portfolio – $14,791.87 (8.18% according to app)
VDHG (using VPI platform) – $84,194.88, total return $3,032.31 (3.59% including DRP)
IVV (Selfwealth) – $624.45, total return $130.78 (11.34% including DRP)
SYI (Selfwealth) – $2,231.75, total return $344.46 (8.76% including DRP)
VISM (Selfwealth) – $503.37, total return $6.65 (0.58% including DRP)
A200 (Selfwealth) – $2,068.05, total return $165.56 (5.41% including DRP)
Cryptocurrency – $52,099 (-22.5% from principle)
Gold – $0

A breakdown of my current asset allocation:

Australian Shares – 27.30%
Global Shares – 33.09%
Bonds – 6.04%
Fixed Income Assets – 0.28%
Gold – 0%
Cryptocurrency – 33.29%

Portfolio Total – $156,513.37 An increase of 0.49% compared to last month’s value ($155,741.74).

This month saving rate is 25.57%, as expected from the break, no work no income, but I am still surprise to see that I am still able to save just a bit. It’s been a pretty chill month. I have my break just like I want and got lots of my work sorted out nicely during those times. There were 3 main works that I was able to sort out

New backend deployment for one of my clients – I have been pushing this work to be completed when the break starts. I was able to achieve this and discussed with the owner on various topics and how we wanted to move forward with the plan in the future.
Trying to work with friends on my Discord server to see if we could get a new customer, and work together to do some gigs.
One of the side jobs was difficult due to the technology of the website + the shipping requirement, lots of shipping third-party software nowadays require us to have an account with the carrier, which is quite annoying. Though, I was able to find one that allowed shipping directly with them.
And finally, started the buying process for a house.

I was glad that during the break, I got the chance to focus on what I really wanted to do, and also tried to finish jobs that I have been procrastinating for a while. Therefore, I have more time now to focus on the most priority task – buying a house and completing a new system for one of the clients. This is the first time I have made the decision to the architecture of the system. However, it turns out to be harder than I thought once I start to work on it. It’s only been 2 weeks, let’s see how it goes from there.

I also start looking into properties available in my city. I don’t have much idea what to do next, especially to understand how the buying process works. I probably will start with a mortgage broker first and then go forward with that. I was able to find a property for a 3 bedroom house but it’s currently under offer atm. Hopefully, I would be able to buy it at the end of this year. The most challenging part for me probably is my contract as it will expire this September. I will need to have an extension for it.

Contribution is still on for this month, even though there’s not much income for this month. Due to the lack of income in three weeks, I would not have enough in my saving to receive the bonus this month for the saving account. However, I did send invoices for my previous work and they were enough to cover the 3 weeks, though the client is just a small company so they needed to pay in installments. I have received the first installment so far so hopefully I would be able to get the rest of it and everything should be normal again next month. VDHG is still added to my account $4,000 at the start of this month and other contributions are still the same.

Quite a progress with my weight loss journey this month. I am now at 77.8 kgs on 29/04/2023, and compared to last month, I lost around 2.2 kgs. The reason why I lost more weight was that I exercised more during my break and consumed less food. I kept my expense minimal and only took a couple of deliveries. This is quite a successful month for my weight loss and with only 2.8 kgs left to lose to reach my next goal – 75 kgs, which might come sooner than I expected. However, I did make another bad habit. I recently consumed quite a bit of energy drinks in the morning (sugar-free only). I did try a method to skip breakfast and drank a sugar-free energy drink in the morning a couple of times in the last week of my break. It did make the weight loss faster but I should reconsider switching or stopping using energy drinks. Let’s see if I can try to reduce energy drink consumption next month.

Note: A reminder is that this number is still an estimation only as my crypto portfolio consists of different assets, including NFTs, staking, and Defi. I have to use other tools to keep track of and maintain the value of investments to finalize the final value of my portfolio. NFT is hard to estimate because of price fluctuation in the crypto market. However, estimation is still good enough in this case.

Events & Porfolio Analysis

Let’s start with the general news

On 01/04/2023, the Key FED inflation gauge rose 0.3% in February, less than the expected figure of 0.4%. On a 12-month basis, core PCE increased by 4.6%, a slight deceleration from the level in January. Stock and crypto markets rallied after this news.
Galaxy Digital CEO Michael Novogratz told a crowd in Miami that the crypto industry is under assault from U.S regulators, other any way of saying “Operation Choke Point 2.0”. The White House allows the regulators to do whatever they want with the crypto industry, as they are still busy dealing with the collapse of banks.
On 02/04/2023, Japan is the first country to buy Russian oil at the above cap, $60 per barrel. Japan got the U.S. to agree to the exception, saying it needed it to ensure access to Russian energy.
On 03/04/2023, OPEC+ announced a surprise oil production cut of more than 1 million barrels a day. Oil futures soared 8% at the open. This could add more pressure to the current inflationary environment and banks might need to increase rates higher.
On 04/04/2023, RBA surprisingly announced that they would pause the rate hike this month. The main reason is that many borrowers have not seen their minimum repayments including the February and March rate hikes. Depending on the situation, they will decide to rate hikes in the future.
On the same day, Google is to cut down on employees’ laptops, services, and staplers to save more money. Seems like they are struggling as well, even though Google is quite a big company.
On 05/04/2023, Jamie Dimon once again spook the market saying the banking crisis is not over and there will be repercussions in the future.
FED’s Mester said that the U.S. central bank likely has more interest rate rises ahead, which is another way of saying the banking section troubles have been contained. Not sure if it has been contained or not but she’s pretty hawkish.
On 06/04/2023, private payrolls rose by 145k in March, below the expectation of 210k, according to ADP.
Malaysia strikes a deal with Beijing, signing US$ 38.6 billion worth of investment commitments by Chinese firms in various sectors. The outcome of the visit was mutual respect and friendship. This again made the U.S. dollar becoming less significant.
On 07/04/2023, Bill Gates defended their works on AI in response to an open letter published last week by the Future of Life Institute, signed by CEO Elon Musk and Apple co-founder Steve Wozniak calling for a six-month halt to work on AI systems that can compete with human-level intelligence.
On 08/04/2023, nonfarm payrolls grew by 236k for March, slightly below expectation. The unemployment rate is at 3.5%, better than the expectation of 3.6%. However, job growth has slowed down from FED’s effort to cool down inflation.
On 11/04/2023, the Bank of Korea holds rates at 3.5%; Asia markets rise. This is the second time that the Bank of Korea holds the rate at 3.5%
On the same day, China is facing a population crisis in part due to more women choosing to focus on their careers and personal goals, instead of starting a family. The rising cost of living is also steering more people away from wanting to expand their families.
On 12/04/2023, The Chicago FED President Austan Goolsbee said that the FED should be patient about raising interest rates in the face of recent banking stress.
On 13/04/2023, CPI rose 0.1% in March, at 5% from a year ago, lower than the estimated 5.1%. This is good news for the market and a signal for FED to hold raising rates.
However, in the FED meeting minutes, FED is expecting a recession due to the current turmoil in the banking sector.
On 14/04/2023, Twitter partnered with eToro to let users trade stocks, and crypto, pushing Twitter into finance. Musk has made it his mission to turn Twitter into a so-called “super app” that offers users financial services on top of social media.
Amazon also introduced a new tool and joined the generative AI race. They presented 2 new AI language models available through its cloud platform AWS.
On 15/04/2023, JPMorgan posted their first-quarter revenue on Friday which beats the expectation as net interest income surged almost 50% from a year ago on higher rates.
U.S. Treasury Secretary Janet Yellen said banks are likely to become more cautious and may tighten lending further after recent bank failures, possibly negating the need for further Federal Reserve interest rate hikes.
On 18/04/2023, Apple launches its savings account with a 4.15% interest rate. Apple is launching a savings account through Goldman Sachs.
On 19/04/2023, the UK releases its CPI and oh boy, it rose by an annual 10.1% according to the Office of National Statistics. As British households continue to contend with high food and energy bills, workers across a range of sectors have launched mass strike action in recent months amid disputes over pay and conditions.
On 20/04/2023, Twitter CEO Elon Musk threatened to sue Microsoft on Wednesday, accusing the software giant of illegally using the social media company’s data to train its artificial intelligence model. It’s important to know that data is everything nowadays. Make sense why Elon wants to sue.
Apple is set to open its second India retail store in Delhi Thursday, two days after opening its first in Mumbai. They are hoping India will become the next China, but it would take years to stay away from China.
Meta also started their latest round of laid-off in March, this time will be employees in technical roles.
On 21/04/2023, Amazon-owned Whole Foods is cutting several hundred corporate jobs as part of a planned reorganization, the company informed employees on Thursday.
On 23/04/2023, A group of economically-aligned nations are purchasing massive amounts of gold as they prepare to end their reliance on the U.S. dollar. According to a new report from U.S. Global Investors, the nations known collectively as BRICS are piling into the precious metal and will continue to be “huge buyers” of gold for the foreseeable future. Countries are trying to reduce their dependence on the US dollar.
On 24/04/2023, Bed Bath and Beyond filed for bankruptcy, chapter 11 again. The beleaguered home goods retailer has been warning of a potential bankruptcy since early January, when it issued a “going concern” notice that it may not have the cash to cover expenses after a dismal holiday season. Shares of the company closed at 29 cents Friday, giving it a market value of $136.9 million. The stock is down about 88% this year. Last April, it was trading at around $20 a share.
Credit Suisse on Monday revealed that it suffered net asset outflows of 61.2 billion Swiss francs ($68.6 billion) during the first-quarter collapse that culminated in its emergency rescue by domestic rival UBS. This is quite a concern.
On 25/04/2023, SpaceX launched the largest rocket ever built for the first time on Thursday from its Boca Chica, Texas, spaceport. The Starship spacecraft, designed to fly people on a Mars mission someday, lifted off the launch pad and then blew up in mid-flight, with no crew on board. The share price drops instantly after this.
On 26/04/2023, Argentina is scheduled to receive a $45 billion bailout from the International Monetary Fund (IMF) but the assistance comes with a catch that the country must adopt an anti-cryptocurrency position. They must have learned their lesson from El Salvador.
Shares of First Republic fell sharply and hit a record low Tuesday, as investors questioned how the bank would stabilize itself after losing about 40% of its deposits during the first quarter. First Republic’s stock fell more than 49% on Tuesday, extending its year-to-date losses beyond 90%. It closed at $8.10 per share, its lowest closing level on record. This is really bad for the bank, which is why Bitcoin pumps to 28k today.
Australia’s inflation rate has fallen from a 30-year peak but remained at an “uncomfortably high” 7.0 percent for the March quarter. The cost of living rose 1.4 percent in the quarter, the slowest quarterly rise for over a year, according to the Australian Bureau of Statistics. The rate hike does its job nicely, but still has pretty high inflation. We need to see in the next few months to see if it would go down. I would expect the rate to stay till next year.
On 27/04/2023, a surprising statement from the Bank of England – The Bank of England’s chief economist is facing backlash for suggesting households “need to accept” they will be poorer. To be fair, FED is doing a similar thing, slowing down the economy.
On 28/04/2023, “Growth in the U.S. slowed considerably during the first three months of the year as interest rate increases and inflation took hold of an economy largely expected to decelerate even further ahead. Gross domestic product, a measure of all goods and services produced for the period, rose at a 1.1% annualized pace in the first quarter, the Commerce Department reported Thursday. Economists surveyed by Dow Jones had been expecting growth of 2%.” – CNBC.
We also see Fed Emergency Bank Loans Rise To $155.2b From $143.9b Prior. Maybe a bank or a few of them are secretly borrowing money from the FED, could be First Republic Bank.
Things are not looking good for First Republic Bank – US officials are holding urgent talks in a bid to rescue First Republic Bank as private sector efforts led by the advisors of the bank have not reached a deal yet, a Reuters report said on Friday.
On 29/04/2023, the stock value of First Republic witnessed a significant decline due to fading expectations of a potential agreement to save the bank from collapsing. According to insiders who informed CNBC’s David Faber, the probable solution for the distressed bank would be the Federal Deposit Insurance Corporation taking control of it. As a result, the stock price tumbled by 43% and was suspended several times due to rapid fluctuations.
FED key inflation measure – In accordance with Dow Jones’ projection, the personal consumption expenditures price index, excluding food and energy, rose by 0.3% in the current month. Additionally, the core PCE, which is the same index measured on an annual basis, climbed by 4.6%, surpassing the estimated 4.5%. However, it witnessed a minor decline of 0.1 percentage point compared to February.

Crypto news

On 02/04/2023, the crypto exchange Bittrex stops its operation in the U.S. due to its unclear regulatory environment.
On 03/04/2023, crypto companies face difficulties accessing banking services in the UK. Venture capital investment in digital asset companies dropped 94% in 2023 so far.
On 06/04/2023, MicroStrategy once again buys another 1,045 Bitcoin at an average price of $28,016 per Bitcoin, which makes the total holding of 140k Bitcoin for $4,17 billion at an average price of $29,803. The current price is very close to $30k so they are currently slightly making a profit.
PostFinance Swiss Bank will begin offering its 2,5 million customers access to buy, store and sell bitcoin and ether, thanks to a partnership with Switzerland’s Sygnum Bank.
The European Banks are also launching a sustainable blockchain platform for digital bonds. This allows institutional clients to issue, trade, and settle bonds digitally, a more efficient and secure process than traditional methods. Adoption is progressing.
On 07/04/2023, The Australian Securities and Investments Commission (ASIC) canceled Binance Australia’s derivatives license, according to a press release on Thursday. The move comes following a request from Binance on April 5. Binance Australia said that it was “winding down” its derivatives product to “pursue a more focused approach.”
We also got attention from major players in the financial world, Bank of America bought over 226,506 Microstrategy shares. Blackrock bought 10,800 shares and Fidelity bought 96,800 shares in Q1 2023.
On 08/04/2023, a report shows that Russia has become the world’s second-largest cryptocurrency mining country this year. Russia’s generating capacity reached 1 gigawatt in January-March 2023 according to the Moscow Times.
On 09/04/2023, Binance US has been facing challenges in establishing a new bank partner to serve as a fiat on-ramp and off-ramp for its clients in the country
On 11/04/2023, Bitcoin is now the most Googled term in the United States among other topics like Donald Trump and guns.
On 12/04/2023, the China Douyin app takes down the Bitcoin price ticker hours after it went live. People thought it was an indication that Beijing might allow it in the future, but got shut down immediately.
Montenegro’s Central Bank to Test CBDC with Ripple using the euro as its de facto currency. The central bank will identify practical applications of a CBDC and come up with a design to simulate its circulation.
Finance Minister Nirmala Sitharaman said India’s G20 presidency aims to develop a common framework for all countries to deal with risks related to cryptocurrencies in the wake of the recent shocks witnessed in the crypto market.
On 18/04/2023, On April 17, derivatives marketplace Chicago Mercantile Exchange (CME) Group announced it would broaden its range of cryptocurrency options by adding new options to its standard and micro-sized Bitcoin and Ether contract after seeing a record daily volume.
Another interesting news is that Securities and Exchange Commission (SEC) Chair Gary Gensler’s crusade against the crypto-asset industry has prompted political pushback. United States Representative Warren Davidson is the latest to retaliate. The Ohio Representative said he is introducing legislation to remove Gensler as the SEC boss in a bid to “correct a long series of abuses.”
And again, SEC is now suing Bittrex for breaking the laws. According to the complaint against Bittrex, the SEC alleges omise go (OMG), algorand (ALGO), dash (DASH), tokencard (TKN), i-house token (IHT) and naga (NGC) are securities.
On 19/04/2023, finally, someone is roasting Gary Gensler. Republicans on the House Financial Services Committee criticized Securities and Exchange Commission Chair Gary Gensler ahead of a congressional hearing on the agency Tuesday, saying his approach to crypto companies was not “compatible” with existing law.
Bittrex also fights back SEC with their official response and will take legal action. According to the official statement, Bittrex re-iterated its stance on meeting regulatory compliance while being operational and alleged that it did reach out to the agency multiple times in seeking clear regulatory guidance. Furthermore, the company said that it had repeatedly requested that the regulatory body clarify the different digital assets that it considered to be securities, in order for the exchange to evaluate and potentially delist them. However, according to Bittrex’s response, the SEC turned a deaf ear. This is so ridiculous to think about, SEC is trying to push away the crypto industry to go outside the U.S.
On 20/04/2023, Bankrupt cryptocurrency lender Voyager Digital Holdings sealed a deal with the United States federal government that moves forward a $1 billion plan that would allow Voyager to sell its assets to the U.S. arm of Binance. Very good news for customers who got stuck in Voyager.
United States-based cryptocurrency exchange Coinbase has received a license to operate in Bermuda and is reportedly set to launch a derivatives exchange based there as soon as next week. The license, a Class F License under the Digital Asset Business Act, allows Coinbase to conduct a range of activities such as token sales and issuance. It also permits it to operate as both a digital asset exchange and as a digital asset derivatives exchange provider.
Also, yesterday, Bitcoin (BTC) slid more than 3% in just 15 minutes during European morning hours on Wednesday, taking the largest cryptocurrency by market capitalization to below $30,000. Further declines took it as low as $29,000, CoinDesk data shows. While the sell-off didn’t appear to stem from any fundamental reason immediately, an unusually large sell order on crypto exchange Binance and an unexpectedly high U.K. March inflation figure of more than 10% may have influenced market sentiment. 16,000 bitcoin sell orders, worth over $467 million at current prices, preceded the dump, which may have initiated the long squeeze.
On 21/04/2023, finally an official regulation for crypto –
EU lawmakers approve the world’s first comprehensive framework for crypto regulation. In a vote Thursday, the EU Parliament voted 517 in favor and 38 against passing the Markets in Crypto Act, or MiCA. The legislation, which seeks to reduce risks for consumers buying crypto assets, will mean providers can become liable if they lose investors’ crypto assets. A couple of rules – the rules will impose a number of requirements on crypto platforms, token issuers, and traders around transparency, disclosure, authorization, and supervision of transactions, Stablecoins like tether and Circle’s USDC will be required to maintain ample reserves to meet redemption requests in the event of mass withdrawals, and the European Securities and Markets Authority, or ESMA, will be given powers to step in and ban or restrict crypto platforms if they are seen to not properly protect investors, or threaten market integrity or financial stability. This is good for crypto and for the UK.
On 22/04/2023, Tether minted another 1B USDt on the TRON network. It is now a total of 4B in USDT for the last 7 days. These mintings come as the stablecoin sector is seeing increased competition, with Tether attempting to entice investors away from other stablecoins
Binance is under investigation in Brazil by the Federal Prosecutor’s Office and Federal Police, according to a report in Valor Econômico newspaper. The cryptocurrency exchange has allegedly been helping clients evade a stop order on cryptocurrency derivatives investments.
On 24/04/2023, Glassnode data demonstrates that the Lightning Network outcompetes traditional payment networks in terms of commission costs. James Check, the lead analyst at Glassnode, told Cointelegraph that the median fee rate, or the fee charged per 1 BTC sent across the Lightning Network, is currently 3,000 satoshis (the smallest unit of Bitcoin). That is “equivalent to $0.84 to send $28,800 worth of value […,] which is a fee of 0.0029%.”
The Reserve Bank of Zimbabwe plans to introduce a gold-backed digital currency as legal tender in a bid to stabilize its local currency. Lots of countries are buying more gold than ever. Let’s see how the world changes in 5-10 years.
On 25/04/2023, China is expanding the use cases for its central bank digital currency (CBDC), called digital yuan for its Belt and Road Initiative and cross-border trades. The digital yuan was one of the first CBDCs to be developed and widely tested. They are really working hard to spread their dominance.
Coinbase did the preemptive strike, and filed suit against the Securities and Exchange Commission on Monday, asking that the regulator be forced to publicly share its answer to a months-old petition on whether it would allow the crypto industry to be regulated using existing SEC frameworks.
Korea surprisingly announced that LUNA is not a security. A South Korean district court has dismissed charges of security violations against former Terraform Labs CEO and co-founder Hyun-seong Shin. The court deemed LUNA (the native token of the LUNA ecosystem) as non-security under Korea’s Capital Markets Act.
On 26/04/2023, Bankrupt crypto lender Voyager Digital said it received a letter from Binance.US, terminating the asset purchase deal. In a tweet, Binance.US attributed the termination to the “hostile and uncertain regulatory climate in the United States” that has “introduced an unpredictable operating environment impacting the entire American business community.”
Payments giant Visa is looking to add backend developers to its crypto team — particularly those savvy with public blockchains and stablecoins. They want to expand to crypto.
On 27/04/2023, Sudden volatility in bitcoin (BTC) caused traders of both longs and short futures to be impacted as $175 million worth of positions was liquidated and $1 billion in open interest was effectively wiped out in the past 24 hours.
Longs are bets on higher prices, while shorts are bets on lower prices. Liquidation occurs when an exchange forcefully closes a trader’s leveraged position due to a partial or total loss of the trader’s initial margin. This happens when a trader does not have sufficient funds to keep the trade open.
On 28/04/2023, “Galaxy Digital looks to bring ETPs to European investors via its new partner in the continent — a fund group with nearly $1 trillion in assets under management.” – Blockworks.
And again, Ms. Elizabeth Warrens tries to do harm to the crypto industry, however this time, the bill is delayed to a lack of sponsors.

The topic of this month is still about inflation. We can see that the inflation number has gone down as expected. The RBA also paused the rate hike this month as well, and the reason is to see the effect of repayments to be applied with the recent rate hikes in February and March. Bank of Korea also holds a rate of 3.5%. We are seeing inflation going down in many countries, however, the target of 2-3% is still far away. Even with the rate hike stops, we need to see the rate stay high at least till the end of this year to truly see the number going down. FED is also cautious about the rate hike since they have broken the banking sector. First Republic Bank is on life support atm, and FDIC is on its way to take over the First Republic Bank. Other reports also show that the economy has slowed down and the unemployment rate is at 3.5%, but we also see big companies are laying off more than ever. With all that said, it looks like FED might stop the rate hike and keep it to a certain period of time

Interestingly, with the current economic downturn, we see Bitcoin gaining more recognition. We now see countries stop waiting for the US to regular the market and establish rules for the market. The biggest news this month was from the EU – they have made an official regulation for crypto called MICA. This is actually a good thing because we can see how these regulations apply and move forward with it. It might not be perfect but it’s necessary as once regulations are established, we know the boundary of the crypto market and remove bad actors. This is where we will see a new wave of investments coming to this area. Though SEC in the US is being stupid with their decisions, they chose to sue companies related to crypto instead of establishing rules. Companies are now suing SEC for their incompetence. The SEC chairman Gary Gensler has been questioned by Congress and always said the laws are there, but it’s not there at all. He even cannot confirm if Ethereum is a security or not. The uncertainty is what kills innovation in the US. I probably think this is more about politics there but at the same time, they are losing valuable companies that could bring money to the country. Oh what the hell, I know what will happen, but I think U.S. dominance is way in the past now. Other countries are trying to de-couple themselves from the U.S. dollar. Let’s see how all this plays out in the U.S. while other countries are adopting a more friendly environment for the crypto market, especially in Europe, and Hong Kong…

With the all factors mentioned above, the crypto portfolio sees a significant gain this month, jumping from $47,470 to $52,099. The altcoins performs quite well this month, and everyone was happy with it. But don’t be fooled by it, it only lasted a couple of days and altcoins are going back down again, but it’s still a bit higher than before. Part of the gain is from Bitcoin as well, currently, Bitcoin has gained +26.53% and is currently at 57% of my crypto portfolio in total. Quite happy with this result when I started the DCA journey last year.

Now comes the saddest part, my gold portfolio has gone down to 0. I have just received the news from my parent and they have sold the Gold to resolve family issues. Well, it is what it is. It’s why I want to keep a small portion of my asset for my parent just in case an emergency does come up.

It has been quite a long time since I have all positive returns across all investments in my stock portfolio. We saw this month’s stock rallied due to the inflation number having gone down and FED would stop the rate hike soon. However, be aware that a recession could happen since the rate would stay for some time to get the inflation back to 2-3%. I have included the real return (including dividends) in the first section so we can all see the real number behind the gain %. SYI and VDHG got DRP-ed this month from the dividend distribution. 5 more shares for VDHG and 1 more share for SYI. Compared to last month, all the stocks go up, except for SYI, the return drops from 9.02% to 8.76%. I am happy with these gains.

With gold out of the picture, there’s a shift in the asset allocations with Australian shares jumping to 27.3% compared to 25.87%, global shares jumping to 33.09% compared to 31.19%, and crypto portfolio jumping to 33.29% from 30.48%. Bonds and fixed-income assets also go up a bit. I will try to buy more gold again in the future to diversify my portfolio again.

Some of the articles I use for the information above:

Passive Income

This month has produced about 14.254 ADA. SOL and ONT rewards are small. BAT reward is 3.5425 BAT. The staking reward for AXS for this month is about 0.788 AXS. Staking for IMPACT is 3426.85178 PACT.

To sum up:

ADA Reward – 14.254 ADA.
SOL and ONT rewards – the reward is not large enough to consider.
Brave Reward – 3.5425 BAT.
AXS Staking – 0.788 AXS.
Impact Staking – 3426.85178 PACT
Dividend – No dividend distribution for this month.

What I have learnt

Keyword for this month – Housing

It’s been stressing me out quite a bit with my current family issues. To clarify, my parents and I are fine, we do not have any arguments or anything, so it’s other family issues. It has been a topic in my mind for quite some time and it bothered me that these issues are causing more trouble for my parents. The only option for me right now is to have them here with me, but in order to do that I need to buy a property first. I tried to avoid this topic for a while in the past but it might be the time I need to get it done. My target for this is to buy a property at the end of this year if possible. However, with my borrowing capacity, buying a 3-bedroom house might be difficult depending on the location. And because I am also in a high-income range, I found out that I would not be able to waive the stamp duty fee, more money to pay. However, let’s see how that goes.

Some of the plans I have made last month, I was able to achieve those.

Listening to more podcasts – I spent my time exercising while listening to finance podcasts. I would say this plan has been achieved and I would keep this a habit in the future.
Reading the Decoding the Technical Interview Process book – done.
Have a side project – working on this project right now and I have made good progress with it so far. However, still, more work needed to be done to release the app.

A new month comes with new challenges. I have made significant progress with my weight loss, down to 77.8 kg now, let’s see how much I can lose next month. I can see my body got a better shape, especially the belly area. However, it still has a lot of fat around my waist so let’s get rid of it. Short term target is still 75 kgs. Let’s aim to have it done next month.

Portfolio Update – April 2023

Portfolio Summary

Events & Porfolio Analysis

Passive Income

What I have learnt

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