Net Worth Update Mar 2023

S$1.403m

My net worth inches up slightly to $1,403m in March 2023.

The increase in net worth from CPF contributions and savings from salary is offset by correction of stocks and Reits prices in my portfolio.

My CPF forms the bulk of 38% of my wealth. Having achieved full retirement sum in CPF SA and topped up my Medisave account to the basic healthcare sum of $68.5k earlier this year, I have also topped up $8k into my mum’s CPF Retirement account for the 5 reasons.

My stocks and Reits in SGX Income Portfolio form 22% of my net worth. I intend to continue adding high quality S-Reits while also accumulating low-risk assets such as fixed deposits, short-term government bonds which are yielding more than 4% in today’s high interest, inflationary environment.

In terms of US growth tech stocks, I plan to just dabble with options to collect premiums this year. I have no plan

Author: jeserje

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