Net Worth Update (August 2019) – S$206,726

Net Worth Updates

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 11, 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, the exchange rate of Singapore Dollars to US Dollars is S$1 to US$0.74. Conversely, US$1 is equal to S$1.35.

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

Because the Singapore markets came down a little during this month, I used a bunch of my savings to buy about S$10,000 of the Singapore index. Therefore, even with my pay coming in at the end of the month, my cash balances still saw a S$7,919 decrease.

The increase in the US portfolio was due to me buying more shares as well.

Otherwise for this month, it was practically the same as the last.

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


Brokerage Accounts

Singapore Portfolio

Bond Index ETF – S$43,312
Stock Index ETF – S$78,889
Individual Shares – S$7,099
Total – S$129,300 (US$95,682)


United States Portfolio

Stock Index ETF – US$4,029
Individual Shares – US$4,061
Total – S$10,921 (US$8,090)


Cash in Bank Accounts

Brokerage Account 1 – S$3,770
Brokerage Account 2 – S$95
Bank Account 1 – S$21,494
Bank Account 2 – S$507
Cash on Hand – S$2,116
Total – S$27,982 (US$20,707)


Retirement Accounts

Retirement Account 1 – S$24,052
Retirement Account 2 – S$6,547
Retirement Account 3 – S$7,924
Total – S$38,523 (US$28,507)


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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