Jan 10, 2021

Cory Diary : Net Worth Reporting

Year 2020 is one of my most expensive year to date. There's quite an amount of expenses. On top of this is the housing loan. in-additional the stock market has been challenging. After understanding Baby Bonus better, did Max Top-Up for both my girls and more.

Year 2020 is also one of more trying period I have encountered to manage family, taking care of newborn, working from home and sharing the house cores. There is so many things happening that I lose count of time and likely neglected some duties or expectation.

Year 2020 is where I am asked to take on additional new challenges in work to manage more international team members in different functional area on top of regular job tasks I have been doing. The experience is a lot of learning from it as different countries have different way and culture that they perform to.

As if above is not enough for Year 2020, on CPF side, completed Voluntary Housing Refund (VHF), did some Medisave Top-Up, shift loads from OA to SA.

On the positive financial side, I still have regular job, dividend income and housing funding to support. To top this off, a good bonus plus shares. Past years shares allocated record strong gains. I do not include allocated shares in my tracking.

Therefore, with above in context, here's the Net Worth Chart.


Net worth hits a new level and hopefully by end 2021 will hit my new goal of next bold white horizontal line in the chart. Cross my fingers because the market in US side is really lofty.

Liquid asset,  thanks to some support from Home CEO, stock market and bonus, managed to register a cash flow increase. However the overall pace is noticeably slower due to completing full VHR and some Medisave Top-up.

Equity Investment, not much has changed in invested amount as I have prepared some warchest for investment opportunities similar to Year 2019. This is despite registering a higher record sustainable dividend portion. This is interesting phenomenon. Maybe If I have placed more I would have catch a better recovery gains. The fear of Covid must have gotten me so I focus more on rebalancing and churning stocks for capital gains that probably instead result in net dividend gains as well.

Subconsciously I maybe more careful with capitals as Year 2021 would expects higher dividend if bank cap and Mall rental rebates are reduced with same amount of invested. The Market has hit euphoria stage judging from Bitcoins 41k and Tech Stocks PE as high as 1700. This hit my fear of Tulip Mania. Hopefully it is not the case and will not pull down the broad market as well if it bursts. Should we position ourselves to kio Durian ? 

To end this, I could feel that if one do not have saving, regular income or income supports, the stress will be high and demoralizing. It will be real struggle trying to keep up with needs.

Articles in this Blog is personal take and educational purposes only. Reader should seek their own professional help when making financial decision and be responsible for their decision.

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