Let's address the elephant in the room. Yes, I'm awfully, awfully late for this letter. It should have gone straight to your inbox a month ago. But things kept coming up and I kept telling myself that I'd write it in the next weekend. And then the next. And the next.
Depression is a bitch.
So while I'm feeling great this Sunday morning, sort of unexpectedly, I've taken the chance to finally let you know how I did in December and fill you in with the details of my investing decisions.
Also, I meant to share my budgeting strategy this month. The time was perfect as we were heading into a new year. I see a LOT of people, not even budgeting, and I believe it's a huge mistake. Thus, I have another letter in the works of how I'm budgeting both for my company and family. Of course, that got hugely delayed as well.
Done is better than perfect, they say. And I haven't even started.
Anyhow, let's begin. This time I'll start by spilling the beans about my finances and mix it up with relevant news in-between. I guess it will make for a more enjoyable read. I had a lot of ambitious plans for this letter, but for now, this will do.
As I'm 90% exposed to the cryptocurrency market, my total net worth took a hit in December as the crypto market shrank.