Cory Diary : Net Worth Update and Milestone Achieved

With the help of Equity and Income, Networth reached a new milestone. Just a week ago I was wondering what it takes to cross the networth line firmly. I don't have Nvidia to help elevate ( Sibei Fomo ), Tesla not moving (at least not crashing. Touchwood) and I decided not to adjust the Net Value of my property to be more conservative.

As it turns out, bank stocks, salary and some benefits pushes it over. There is no celebration or anything. I keep it quiet at home as it arrives quietly as I feel there is a need for more to support family expenses.

Still watching the Non-Productive Assets (above chart) size which has sizeable amount in Fixed Deposits. I should have them split out from regular low interest saving accounts but too lazy. Anyway not so worried because some of them is denominated in USD FD enjoying good rates.

Property may have gone up another notch $PSF in low volume. So decided to put this increase in valuation on-hold till we see a stronger number. With the cost of building new apartment costly the market somehow need to reflect them into the equation.

So what it takes to be euphoria. Maybe much higher sustainable dividend income returns.

Cory Diary

2024-06-02

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Disclaimer: The articles presented in this blog reflect personal opinions and are intended for informational and sharing purposes only. Not responsible of errors. Readers are advised to seek professional guidance when making financial decisions and should take full responsibility for their choices.