Net Worth Update (March 2019) – S$178,272


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

March 31, 2019

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

If you read my previous (and also my first-ever) net worth update, you probably would have realised how terribly ugly everything was.

As such, I’ve decided to change things up a little in this one.

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, “SG$”.
  • However, for the benefit of readers who are more familiar with the currency of US Dollars, I’ve also included a simple conversion from SG$ to US$ at certain parts of my net worth update.
  • At the time of writing this post, the exchange rate of Singapore Dollars to US Dollars is SG$1 to US$0.734.

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




Sweet. I don’t think I’ve ever seen a 5-digit increase in my net worth at any point of my life. The reason for this increase is because I just received bonus money from my employer. And of course, I did my best to save most of it 🙂 Hence, the SG$6,678 increase in cash.

During the month of March 2019, I invested in several individual stocks in the Singapore market. In addition, I’ve started investing in stock index ETFs in the US market. This resulted in the SG$2,095 increase in my brokerage accounts. Nothing too eye-popping yet.

Over my investment journey, it appears I haven’t had much luck in the stock market. I started investing almost at the peak of the stock market in 2018. After which, everything came crashing down for a little while. The US market eventually recovered, but the Singapore market is still floundering. I can’t wait for the day where I finally get the see a 5-digit increase in my net worth due to investment returns.

Until that day though, it’s back to slogging it out at my corporate job.

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


Brokerage Accounts

Singapore Portfolio

Bond Index ETF – SG$41,740
Stock Index ETF – SG$69,444
Individual Shares – SG$5,428
Total – SG$116,612 (US$85,593)

United States Portfolio

Stock Index ETF – US$389
Individual Shares – US$3,093
Total – SG$4,744 (US$3,482)


Cash in Bank Accounts

Brokerage Account 1 – SG$1,737
Brokerage Account 2 – SG$4,876
Bank Account 1 – SG$18,459
Bank Account 2 – SG$501
Cash on Hand – SG$2,138
Total – SG$27,711 (US$20,340)


Retirement Accounts

Retirement Account 1 – SG$18,259
Retirement Account 2 – SG$5,036
Retirement Account 3 – SG$5,910
Total – SG$29,205 (US$21,436)


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

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