Had a good CNY break and it’s been relatively quiet at work this week due to people taking leave on top of the public holiday on Mon. Not a bad thing to have a lull for this week as work is going to pick up next week. Anyway, another month has gone by and it’s time for another net worth and portfolio update for the month of Jan 2017.

NET WORTH – S$200,090 (+S$13,514 AND +7.24%)

Nice monthly increase in net worth of more than S$10,000 even though we were still clearing the high credit card spending from Christmas and NYE 2016. Not forgotting the hongbaos we gave out during CNY 2017. We can attribute this healthy increase to:

• Growth in ETF and share investments from rising Global and Singapore stock markets
• Cash injections and purchases for ETF, share and other portfolios
• CPF contributions from salary income and performance bonus as retirement monies
• Reduction in mortgage principal from housing loan payment

Let’s have a look at the breakdown of the portfolio numbers on the Net Worth page......