LifeHacker Guy is a personal-blog. We may earn a small commission on purchases made through our links. Learn more.

June 2020 monthly update

June 2020 Monthly Update

It’s that time of the month where I reflect on how last month went regarding investments, business, and personal goals.

This month has been a little tougher than previous months, both in terms of business and personal life. I delve into this more in the post below, but needless to say, this has had a significant impact on progress and caused frustration in every area of my life.

This is ironic considering the lockdown in Malaysia from COVID-19 has been easing as each month goes by. To the point where the last week of June we took a family holiday!

So, let’s kick off with how my investments have been doing in June 2020.

Adam on holiday Perhentian Islands

Investment Portfolio Update

I tried to be clever last month and made a speculative trade that went horribly wrong and I ended up losing $30k trying to time the market.

This has made me incredibly wary of investing at the moment and decided to avoid investing in stocks for the moment until the volatility decreases.

Overall, I am seeing my net worth is around the same as last month.

SaxoSelect Go Trading Account

So, I have to say that I am a little disappointed with Saxo recently.

They have been withholding tax from some of my Singaporean listed dividends, namely the REITS, but strangely not for the dividends from the likes of DBS and UOB.

Despite them first saying they should be withholding the tax, I showed them how this was incorrect due to my Malaysian residency status. They admitted they had messed up, but have yet to pass the funds back to me.

Come on guys, this has been the third time I have requested for this to be sorted out!

UPDATE: Saxo have recently paid back all the with-holding tax incorrectly taken from my Singapore dividends – we got there in the end!

To the trading account itself, as I highlighted above it went horribly wrong with trying to short the S&P500.

All of the stocks I own are still below the price I bought them. I am not overly concerned as they were bought for the long-term although never nice to see them down 20-25% still, especially this the recent stock market bull run.

Part of the reason for my stock portfolio being down is that I don’t own any tech stock – I know, bad timing to have sold out of PayPal.

I am still not convinced that the market is going to continue increasing or even staying at the same level as now. That said, I am not keen to short the market again, it’s just too stressful trying to time the market like this.

Cryptocurrencies

I have been reading and understanding more about Bitcoin in recent months and as a consequence getting more bullish.

I can thoroughly recommend reading Bitcoin Billionaires by Ben Mezrich, which goes into how the Winklevoss twins (Tyler and Cameron) have become one of the biggest holders of Bitcoin.

It’s incredibly easy to read the book and reveals the early days of Bitcoin. The journey is aspiring and has got me even more exciting about the technology and opportunities ahead.

So much so, that I have decided to increase my holding in Bitcoin this month and next month.

Bitcoin Billionaires

Art of FX – Steady Growth

The June return was a little lackluster at 0.48% and so I am up 6.25% for the year so far. Overall my account is up 33% since I started investing with the Art of FX guys back in May 2018.

Gold – Steady

Not much to report here with gold as the price has fluctuated by plus or minus 5% last month.

I choose to use BullionStar a bullion vault storage company based in Singapore. You can even visit your bullion if you so wish!

Goal Progress for June 2020

I have finally recorded a video Advert for SuperGreen TONIK, my greens powder supplement. This should be live at the time of this post going live.

I am thinking to write up a post about producing this Video Advert who I put together with a local video production company (Tickle U Production).

They did a great job!

SuperGreen TONIK Video Production

I have been putting off video for a year now, but finally took the plunge and leaped headfirst into video – at last! Using video really is the way forward, especially with regards to YouTube advertising, which I hope to be releasing too.

It did feel like I went backward this month with regards to my personal and business goals.

I was less disciplined with regards to my nutrition this month that inevitably meant I put on some weight towards the end of the month. No excuse, other than I lost discipline big time and failed to maintain the intermittent fasting schedule as much as I have been previously.

That said, I did still manage to do a few days of OMAD. The great thing with IF is that you can jump back into it very easily and so I am not overly concerned.

I am making excuses for not adopting the habits I want in my life.

Such as learning Chinese, being more active, to name just two.

June 2020 Summary

Perhentian Islands holiday

June has been a little bit of a rollercoaster of a ride, to be honest.

Emotionally been very up and down and this has certainly had an impact on productivity and basically how content and happy I have been.

There was not exactly one factor but a combination of feeling “lost” in my business and personal life. I felt a little disconnected from my family and wanting to spend more time on my own reflecting as to what I really wanted out of life.

There was no sudden epiphany, is there usually any? But I did start to regain my mojo by the end of the month.

We went on a trip to Perhentian islands on the east coast of Malaysia, 5 days without work, just the beach, crystal clear blue water, and good old’ quality time with the family.

The trip really helped me to reset and to realize what’s important, at least a reminder in any case.

So, I wish everyone all the best in these trying times. Be safe and importantly, stay inside!

* We do not in any way claim that you can earn any money from investing, speculating or trading in any of the investments outlined above. All the information on this site is for educational purposes only. Trading & investing in some of the investments above carries a high level of risk and may not be suitable for all investors. We would recommend always speaking to a professional for guidance if in doubt.
Adam Author

About the LifeHacker Guy

Hi, I'm Adam the founder of the LifeHacker Guy.

I have a First Class Honours degree in Sports Science from Brighton University, specialising in exercise physiology and nutrition. In my youth I was a competitive Triathlete and long-distance runner placing top 10 in most triathlon races I completed.

Since suffering from Chronic Fatigue Syndrome, I moved into web development, after a couple of years I then moved onto developing a number of online businesses. I've recently taken a sabbatical and I'm now looking to make big changes in my life, hopefully this may resonate with you - join me in my journey!

Leave a Reply

Your email address will not be published. Required fields are marked *

0 Shares
Share
Tweet
Pin
Email