I wondered how I should kickstart this post - should I be positive or negative about this? After 1 year 4 months, I finally crossed $700k in networth - returning back to where I've been at, back in Dec 2021. I am disappointed. For the past many years, I've always been growing my networth, at around $100-$150k/year. I had big plans to hit a net worth of $850k by December 2022, but the universe had other plans for me. Instead, I only managed to reach $646k, leaving me with a $204k gap to my target. Ever since I became more aggressive in my "investment" portfolio in 2021, being sucked by greed to deploy most of my cash into stocks and crypto, I fell heavily, along with the crashes. Crypto wiped out 5 digits savings, so did the stock market. To be honest, ever since the crashes and a bad hit to my net worth, I actually didn't do anything special to improve. I didn't make drastic spending cuts, I didn't stop my holidays, I didn't continue investing (no
Congrats Cherry! Have been following your blogs (especially the net worth posts) and am especially amazed :)
ReplyDeleteMyself am also an believer of CPF/SRS top-ups but not my gf... :(
All the best to you for the New Year ahead and Huat Ah!
Stay healthy, Stay safe :D
https://save4arainyday88.blogspot.com/
Thank you! I get you - my husband was the same too, but since I could control him (and his finances), I helped him with his CPF top-up. He recently set up his SRS by topping up $1 too! :) Wishing you well and to huat big big too!
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