Net Worth Update (April 2019) – S$189,534

April 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

May 27, 2019

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, “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$0.736.

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



Another 5-digit increase in my net worth! My first-ever 5-digit increase in my net worth was just last month 🙂 I practically squealed after working out the numbers.

The increase in cash holdings in my bank accounts was due to my salary being credited. This is pure savings – as for my expenses, I’ve already shuffled a portion of my salary into a separate bank account (not included in the above). I also used part of my salary to buy a few more shares in the US market.

I didn’t invest a cent into my Singapore portfolio for the entire month of April, so it was such a pleasant surprise to see an almost 5K increase in my portfolio. I don’t think I’ve ever seen anything this impressive since the start of my investment journey (which was in early 2018). So this is pretty damn exciting!

The increase in my retirement accounts is higher than normal this month, because this increase was a result of my 1-month April pay + 2-month bonus received in March. In Singapore, the crediting of retirement accounts occurs the month after. Therefore, my retirement accounts get credited in April for my work done in March.

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


Brokerage Accounts

Singapore Portfolio

Bond Index ETF – SG$41,667
Stock Index ETF – SG$73,764
Individual Shares – SG$6,003
Total – SG$121,434 (US$89,375)

United States Portfolio

Stock Index ETF – US$810
Individual Shares – US$3,147
Total – SG$5,376 (US$3,957)


Cash in Bank Accounts

Brokerage Account 1 – SG$1,737
Brokerage Account 2 – SG$$4,744
Bank Account 1 – SG$20,593
Bank Account 2 – SG$506
Cash on Hand – SG$$2,013
Total – SG$29,593 (US$21,780)


Retirement Accounts

Retirement Account 1 – SG$20,700
Retirement Account 2 – SG$5,673
Retirement Account 3 – SG$6,758
Total – SG$33,131 (US$24,384)


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!



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