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Showing posts from November, 2018

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 …

Singlife 3% Endowment Plan. Would you sign?

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I was scrolling through FB recently when I saw an ad that attracted my attention.


Reminded me of the FWD 2.02% plan one year ago - which I applied for.
Now Singlife is offering a 3% GUARANTEED plan which last till 30 Nov, at up to $6k: This Single Premium Endowment product’s availability is based on a first-come-first-served basis and is only available for purchase while the acceptance tranche is still open. Singapore Life reserves the right to decline any application that does not fulfil the requirement of a complete application without prior notice, including the invalidity of payment received. (1) The guaranteed maturity yield is 2.20% p.a. and 2.50% p.a. for 3-year-term and 5-year-term respectively. The 5-year-term is only available through our financial adviser partners. During the period between 26 Nov and 30 November 2018, there is a special campaign that gives 3% p.a. guaranteed maturity yield for the 3-year-term and this offer is strictly applicable for one policy per customer…

Protecting myself with GIRO payments

Ever since I started my new work, I've been in a daze.



I've stopped tracking my budget daily. And I even forgot to pay my credit card bills resulting in late charges and interest fees! I was on the verge of tears when I saw late charges of $160 on my two credit cards.

I've no idea what's wrong with me for lacking the discipline to do all these.

What happened to the diligent me tracking every single purchase and tallying it with my credit card bills?

Why do I feel drained after work although this job is less tedious than my previous one where I've been loaded with too much responsibilities that I lose sleep and had acne outbreaks?

However, I realised this is just the start. I've seen 3 resignations in my team within 1.5 months here, and I've been asked if I'm ready to take on some of their portfolios. I'm thinking if it is worth taking on more at the same pay, and then stressing myself all up again?

What exactly should I do?

Also, I realised I don…

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