SGD$1,000,000 networth unlocked 🎉

As of 8 Dec 2024, I have officially unlocked the milestone of $1m networth 🎉

This is all thanks to the increased in value of my crypto holdings as well as my US stocks. My HK/CN stocks are still in bad shape.

On stocks front, truthfully, my overall investments is still in the red. I had made mistakes in stock picking and has not taken the opportunity to cut losses. I had the view to hold and pray those stocks in deep red would go up - after all, I told myself I don't need the money right now.

On crypto, given that BTC has bounced back, I'm sitting on decent profits. I've been cashing out bit by bit. The last I spoke in Mar, I cashed out a rather sizeable amount of BTC at 50% profit. On hindsight, if I had waited till now, I could have cash out 3000 SGD more. Anyway, this time round in Nov, I cashed out 2 times, at a 70%-80% profit. Not bad considering the rest of my investments.

As long as there are no major global events impacting the markets negatively, I believe I would be able to retain my $1m networth at the end of this year.

I've also yet to top-up my CPF SA to max $8,000, nor SRS. I believe this is the last year that I can top-up to my CPF SA as I'm reaching the SA FRS. It seems rather foolish of me to have been topping up my SA for the past 8-9 years when my income was low and barely require the tax relief. But what's done is done, and I can only take comfort that my a bulk of my retirement funds would be secured via CPF. 

On a personal front, I'm struggling with my career progression. Few years into my role and I'm assessing changing job again. It's a job that pays decent with good benefits. I can cruise here but I'm still considerably young. Sadly, this job is now tainted due to poor leadership, politics and betrayal. There seems no strong sincerity from the leaders to retain me, despite their verbal sharing that I'm doing a good job. These makes it hard for me to stay. I'm casually browsing but it's not easy to find an ideal job in an industry I like, with job scopes that provide work-life-balance. I am praying for lady luck to shine on me and for a smooth year ahead in 2025.

Health wise, my body continues to be weak despite many years of TCM treatment. Frequent indigestion, diarrhoea...

On a positive note, there has been good interest for my hdb and I'm on track to selling it by end this year.  It is highly likely that we will move out before mid next year. House hunting has kickstarted but we have yet to find a good property that fits our checklist. I used to want to be able to know my next move before I take any actions e.g knowing where to stay before selling my flat, but I've now changed my mindset to go with the flow. No point thinking too much when there are many factors that can influence this journey.

With that, I look forward to sharing more end of this year with my usual year-end review. 

May there be more positive results coming my way to share.