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Friday, October 16, 2020

Net Worth Update Oct 2020

My net worth increases $14k to $979k from Sep 2020.

It is another step closer to SGD 1 million.

I injected around $13k to buy Aims Apac Reit, UOB and subscribed to Frasers Centrepoint Trust's preferential offering shares.

I have attempted and passed my IPPT with $200 incentive.

I will continue to live frugally, grind at work, save up and inject more money into the stock market for the rest of the year.

I am looking forward to the earnings reporting season of Reits in the coming weeks and sitting back to collect dividends. Let the Cum Dividends rain $$$!!!



Thanks for reading.

With love & peace,
Qiongster


4 comments:

  1. Congratulations! I would suggest, tracking your networth in terms of asset class rather than where you invest, this gives a better picture of your risk position. For example, lump together fixed deposits, bonds and insurance into bonds. CPF and SRS depending on whether it is equity of debt.

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    1. Hi Revhappy,
      Thanks for the advice and reading my blog. There are only 3 asset classes constituting my net worth - Cash (Cash in savings and fixed deposits), Bonds (CPF, Insurance and Sg Savings Bonds) and Equities (Stocks, Reits, SRS fully vested in Stocks and Reits)
      With love & peace,
      Qiongster

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  2. Nonetheless good work bro. Just wondering on your orher commitment kids/housing/car. Cheers

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    Replies
    1. Hi Zdm,
      Thanks. I have no other commitments yet.
      With love & peace,
      Qiongster

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