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Showing posts from September, 2016

Mid-year review: Goal met of $200k cash at 28. $400k+ net worth and Astrea bond V

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Half a year gone.

I still have not gotten my keys to my new home and am still childless. Ok, TMI.

On financial front, I've been seeing a steady increase in my net worth. As at my last update in end 2018, my net worth was at $372k.

Half a year later, I've successfully crossed $200k cash savings (previously it dropped as I topped up my MA) and exceeded $400k in networth. I may be able to hit $450k by end year but will just need to carve out some money for renovation and home stuff.

Most gains came from employment. While I lament how sick I am of work, it is my main source of $. I've not added any stocks and can never not live off my portfolio for passive income. It is with salary crediting that I've received 1.85-2% interest on my DBS multiplier anyway.

I've been thinking if I'm making my money work hard enough. I occasionally browse the SGX hoping to see some stocks to purchase, but am not comfortable enough to make the move.

Since Jan till date, my transactions …

Driving License. To get or not?

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It's rather funny that I'm talking about this at this age, when most of my peers receive their licenses after "A" levels at 18. But, I've never been bothered to learn driving.

Here are the reasons why: 1) My family has no car and the only one with a license is my dad Many of my peers have family car. They were used to being driven around by their parents, and learn about driving through their trips. But our family never had a car. I had no sense of cars, driving or traffic rules and laws. Driving was unfamiliar to me and the closest experience I had was Go-Kart. Most of my peers who learn driving has a car at home, and it stems from a need to learn driving because their parents asked them to. Some were even sponsored a car after learning driving. Also, because my mom doesn't have a license, and we get on well without a car since we live is such a convenient location, it just doesn't strike me that I MUST learn to drive.

2) I'm clumsy, careless and blur…

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