Net Worth Update (July 2019) – S$205,994

July 2019 Net Worth Update

Written by Liz

Just your regular 27-year-old, queer, super-introverted, FIRE-chasing, frugal Singaporean, who lives a pretty good life while earning only a modest salary, but still plans to retire at age 40 with $1,000,000. Click here to read more

January 5, 2020

Hi! Welcome back to another month-end net worth update.

A few things to note before we delve into the net worth update:

  • I’m from Singapore. Therefore, I will be tracking my net worth in Singapore Dollars. In short, “S$”.
  • However, for the benefit of readers who are more familiar with the currency of US Dollars, I’ve also included a simple conversion from S$ to US$ at certain parts of my net worth update.
  • At the time of writing this post (which is 12 August 2019), the exchange rate of Singapore Dollars to US Dollars is S$1 to US$0.7205. Conversely, US$1 is equal to S$1.388.

Let’s start off with an overview of my entire net worth.



Active income was made into my bank account, retirement accounts and US portfolio brokerage account, therefore resulting in larger increases in those accounts.

For my US portfolio brokerage account, I bought additional units of VOO shares.

The only account that didn’t see a contribution from active income was my Singapore portfolio brokerage account. I’ve stopped contributing to this account for a while as the Singapore market has been rather sluggish. I’ve instead been working on my US portfolio.

If you’re looking for more details of my net worth, here they are. 🙂


Brokerage Accounts

Singapore Portfolio

Bond Index ETF – S$42,398
Stock Index ETF – S$72,921
Individual Shares – S$7,581
Total – S$122,900 (US$88,549)

United States Portfolio

Stock Index ETF – US$3,140
Individual Shares – US$4,078
Total – S$10,018 (US$7,218)


Cash in Bank Accounts

Brokerage Account 1 – S$1,240
Brokerage Account 2 – S$21
Bank Account 1 – S$32,077
Bank Account 2 – S$507
Cash on Hand – S$2,056
Total – S$35,901 (US$25,867)


Retirement Accounts

Retirement Account 1 – S$23,214
Retirement Account 2 – S$6,328
Retirement Account 3 – S$7,633
Total – S$37,175 (US$26,784)


And that’s it!

I hope to improve on these net worth updates over the months, in content and in form. Hope you stick around for that 🙂

Thanks for reading!



Become a Millionaire and Retire Early on a Modest Salary Book Cover

You May Also Like…