Skip to main content

Oct updates - mixed of bad, good news and Endowus updates

I was hopeful that this month would be a good month, but an event scarred this.


Last month, I started looking out for jobs aggressively. 

Of the 4 roles that I went into 2nd round for, I managed to get 2 offers this month. Of which one was my top choice. I was elated and thought this was a good start to the month. It also heartened me that I am still of value in the job market as I successfully negotiated a higher package despite the current situation. 

As I was pondering how to resign, when to resign, I got a shitty news from my company that scarred this month. It made clear to me the ugliest side of the company and the people and I'm glad I'm getting out of it.

I hope things will go well for me and nothing screws up my new role. If not, I'd have to rely on my husband for a while.


I haven't been saving much. Succumbed to buying a new iphone 14 pro despite getting the iphone 13 pro max last year. I thought I should treat myself for getting an offer. But on hindsight, I should be more wise with my spending given how my networth is negative growth this year. 

Spent $20k+ for something which I may talk about when I'm ready.

Electrical bill is expected to shoot up as my 1-year plan is ending soon.


Decided to load up CPF OA transactions on Endowus.

SRS - Dimensional Global Core and Emerging Markets Large Cap

  • Jan: $3,060
  • Feb: $3,060 
  • Mar: $3,060
  • Apr: $2,000
  • May: $2,000
  • Sep: $1,060
  • Oct: no action
Amount pumped: $24,241 (back in 2021, I've pumped $10,001)
Final $1,060 to pump by Dec 2022 to max $15,300 for SRS
Results: -13.60%

CPF OA investment - SPY500 LionGlobal

  • Jan: $1,000 + $1,000 at $2.625 and $2.623
  • Feb: $2,000 at $2.66
  • Mar: $2,000 + $2,000 at $2.605 and $2.679
  • Apr: $1,000 + $2,000 + $2,000 at $2.728, $2.592, $2.669
  • May: $5,000 + $1,000 at $2.448 and $2.418
  • Jun: $2,000 at $2.369
  • Jul: $2,000 at $2.46
  • Sep: $2,000 at $2.314
  • Oct: $2,000 at $2.421
Each transaction has fees of $2.68.

Amount pumped: $27,037.52
Results: -1.57%

Overall for Endowus: -7.26%

Net Worth

Lowest ever for 2022 (yet again): $645k

May Nov and Dec be kind to me.


Endowus Referral

If you are keen to embark on Endowus using your SRS, CPF OA or even cash, you may wish to use my link to enjoy $20 in Access Fee credit (equivalent to $10,000 advised free, assuming Access Fee of 0.40%).


Popular posts from this blog

I finally cross $700k networth, after 1 year 4 months

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

First CPF top up in Jan 2023 and tax relief concerns

Detailing my yearly CPF top-up and thoughts.  This is my 8th year of top-up. 1. Top-up $2.5k to Medisave via Paynow Did a $2,500 top up to my Medisave, bringing it to 2023 MA ceiling of $68,500. Done the same for my husband as well. 2. On hold - To top up $5.5k to SA or no? Contrary to the past where I top-up at the start of the year, I have decided to hold off the top-up. A) Running out of cash Firstly, I'm running out of cash. I'm berating myself for degrading to the past where I look forward to my monthly income for cashflow. So I can build up my $100k capital in savings account again, given the current high interest environment.  B) Hitting FRS soon = no tax relief Secondly, I'm concerned about reaching FRS too soon.  The FRS this year is $198,800. I'm now sitting on ~$157k SA which means $41,800 away from reaching this ceiling.  I know some people encouraged maxing this out ASAP. But, as I've crossed 6 digits annual income, maxing FRS soon meant lower tax relie

Starting 2023 with extra $9,979.20

Happy 2023~! I woke up feeling not very positive. It seems like I've brought forward my 2022 negative thoughts along. I ought to be more optimistic! Anyway, my best way of welcoming the new year is to count the new inflow of $ and here's my CPF interest for 2022: Have you check your CPF interest yet?