happyvalue

  Aug'21 Husband = $560k Current equities: $876k  Current crypto: $28k  Current liabilities: $354k  Current cash: $10k  Wife:   $131k Current equities: $21k  Current cash: $12k  Current company shares: $100k  Total liquid assets: $692k  CPF OA: 40k x 2 = 80k  CPF SA: 75k x 2 = 150k  Total assets: $850k  Equity value of house: $280k  Total assets as a coupled = $1,154k Sep'21 Husband = $561k Current equities: $837 Current crypto: $53k  Current liabilities: $354k  Current cash: $25k  Wife:   $131k Current equities: $21k  Current cash: $12k  Current company shares: $100k  Total liquid assets: $690k  CPF OA: 40k x 2 = 80k  CPF SA: 75k x 2 = 150k  Total assets: $850k  Equity value of house: $280k  Total assets as a coupled = $1,154k

It is a month of reflection for 2021 and this is the first year at work that my business unit actually meet the growth target setup. I had worked hard, in fact, so hard that I am contemplating leaving the dream company that I once thought I would stay forever after 6 years. I have asked for a sabbatical of 6 months (3months if they find me a good role) and would be taking a break in October 1st. Even then, it seems like I couldn't wait to start this break and I suddenly realize the importance of mental health.... Nonetheless, an update on my liquid assets after about 11 months from my last update in Sep'20. Sep'2020 Net worth = 831,000  Liquid Assets = 381,000 (cash + equities) Home equity = 268,000 CPF Ordinary = 30,000 (myself) + 30,000 (wife)  CPF SA Account = 55,000 (myself) + 55,000 (wife)  Miles net worth = 800,000 miles = $12,000 SGD Investment returns (40% YTD) (1) I have decided to give 30k of profit to my parents, if not Aug'21 liquid asset would have been hig

Life has been less busy compared to the 1st 6 months of the year. It is still busy nonetheless except that the pace at work has slowed down comparably vs. last year. It is also good that I received my first variable bonus for the first time in 5 years at P&G. It is small though, at roughly about $5k, and am awaiting that coming into my account :)  To recap: May'2020 Net worth = 781,000 Liquid Assets = 335,000 (cash + equities) Home equity = 268,000 CPF Ordinary = 30,000 (myself) + 30,000 (wife) CPF SA Account = 55,000 (myself) + 55,000 (wife) Miles net worth = 450,000 miles = $8,600 SGD Sep'2020 Net worth = 831,000  Liquid Assets = 381,000 (cash + equities) Home equity = 268,000 CPF Ordinary = 30,000 (myself) + 30,000 (wife)  CPF SA Account = 55,000 (myself) + 55,000 (wife)  Miles net worth = 800,000 miles = $12,000 SGD Networth should increase by another 15k by end Sep when i received by bumped up pay but for the time being i am not counting it in. It looks on track as i h

May'2020 Net worth = 781,000 Liquid Assets = 285,000 (cash + equities) Debt = 400,000 (HDB loan) Cash = 50,000 StashAway = 0 Equities = 268,000 Home equity = 280,000 Insurance = won't count this CPF Ordinary = 30,000 (myself) + 30,000 (wife) CPF SA Account = 55,000 (myself) + 55,000 (wife) Miles net worth  = 450,000 miles = $8,600 SGD I am updating my networth after losing almost 60k due to the COVID virus. I have manged to reduce the amount to 8k (-2%) within 2 months after trading heavily. Net, based on a P&L impact stand point, I am still down about 30k, which is half the amount. Net worth has increased by about 100k vs. Oct 2019 update due to including SA account as part of my networth after topping up 15k cash in Dec 2019. With roughly about 300k invested in equities, I expect dividend yield of 15k per year and saving rate of 100k per year. The aim now is to start Jan'2021 after collecting my bonus with an invested assets of the below: Jan

I realized I actually did have a blog... Well, going forward, I will be penning down my financial journey and for a start, let me put down a few milestone I am proud off today. 2013: Started working with a annual pay of about 45,000 SGD / annum 2014: Promoted in Dec'14 with my annual salary increasing to 61,500 SGD/annum 2015: Left my first banking job, and got another increment to 71,500 SGD/annum 2016:  Saved about 40,000 SGD at this stage; bought my first house with CPF = 60,000, Grant = 50,000 and Cash = 100,000. 2017 : Fantastic Year! Married in Mar'17 and net worth reset to 70,000 SGD (ang bao); Moved into new home in Mar'17 Promoted on Jul'17 with a 36% pay-rise to 103,600 SGD / annum Made first real investment in Ascott (15,000), Fraser (15,000) and Lippo (10,000) in Dec'17 Hospitalized for HFMD and reported sick for 1month, and career suffered 2018: Finally catching up with work, and appreciated, but got the lowest % payrise in 2018 @

It is horrified to know by offering the accused a chance with lighter sentences could lead to plenty of innocent parties serving jail time whereas the offering of a million dollar could land you a bribery case. This is double standard, and I would do the same if I was a co-accused for my self-interest. This is also nothing new since we've most likely learnt about it in game theory. I couldn't help but imagine myself in the shoes of innocence behind bars for 20 years. Who did I offend to have such fate laid upon me? Obviously, the government owes me and I ought to be given a large sum of money to compensate for the love lost, the pleasure I could’ve derived (taking note that if pain is a negative feeling and love is a positive feeling, they should return me 2x more pleasure and love) and, the dreams and money I would have made. It is so unfair! So what exactly is the plan (after releasing) for the wrongly accused? A quick search on Google reveals that the country will p

This was written during my Finance102 - Financial Markets course. It was about 2 years ago but I still find it quite an interesting read. The language is poor because it was written under time constraint and some facts might not be fully representative of the situation. I agree that China is a one of the big superpower in today’s financial markets but definitely not be world’s biggest superpower. China is the largest creditor (as at Nov2010, China owns about a third of US debt) and with the ability to bail out European countries from debt crisis. With such a fund, China Vice-Premier has recently visited Europe and pledged to pump money into Spanish bonds in order to decrease reliance on U.S as an export market. The European Union has always been the biggest export market for China, hence China‘s investment in European debt came in as no surprise to most people. Also, considering that Europe constitute 27% to world’s GDP and US accounting about 23%, it is only natural that China