Every month, I track my net worth progress towards my $1,000,000 milestone, which is how much I need to retire early. Let’s find out how February 2021 went.
I also went to the River Hongbao with my girlfriend’s family and got to see lots of cool sights.
– I track my net worth in Singapore Dollars (S$).
– But I also include a conversion to U.S. dollars (US$) in my net worth update.
– At the time of writing, the exchange rate is S$1 to US$0.743.
Without further ado, here are all the numbers.
Net Worth | As at 31 January 2021 | As at 28 February 2021 | Gain / Loss |
---|---|---|---|
Cash | S$19,028 | S$31,397 | (+S$12,369) |
Brokerage (SG) | S$143,139 | S$144,423 | (+S$1,284) |
Brokerage (International) | S$46,021 | S$47,760 | (+S$1,739) |
Retirement | S$63,007 | S$63,678 | (+S$671) |
Total | S$271,195 | S$287,258 | (+S$16,063) |
As at 28 February 2021, my net worth was S$287,258, or US$213,433.
During this month, I got paid back a massive amount of money that had been owing to me for a few years now, in cash. I never considered that part of my net worth before as I didn’t know if I would ever receive it. But now that I have, it’s awesome to see a huge gain in my net worth and a replenishing of my cash reserves. I’ve also started saving my office job salary to replenish my cash reserves before I quit my job. And I got dividends this month too!
Also, I think I mucked up my retirement account calculations earlier, but I think it should be accurate now (as at 28 February 2021).
(If you can’t view my asset allocation below, please refresh the page.)
As always, thank you for reading and supporting this blog.
Hi Liz,
Hope you enjoyed your break.
Glad to see you posting again.
All the best.
Mike
Hi Mike! It was definitely a much needed break, but I don’t think I’ll be posting much going forward (just minimal). So sorry about that. Hope you’re doing well! 🙂
I was searching for how to live on a monthly $200 food budget in Singapore and i found your blog.
Bookmarked and cheering you on.
Makes for inspirational reading.
Hi Michelle! Apologies for the late reply, but thank you so much for the kind words. Really glad that I can provide some kind of value 🙂