Personal Finance
6M 2016 ‘Balance Sheet’
By Retirement Noob  •  February 11, 2016
6 months have passed since I posted my "2015 Balance Sheet" - Annual Report - 2015 [> S$500,000]. It has always been a yearly ritual since August 2012.  However, moving forward, I will like to know my progress at the half way mark and push myself to achieve higher goals at the end of my report card. "I define my current asset has all assets that are reasonably expected to be converted into cash within a month. My current assets include cash in the bank and equities. For simplicity sake, anything from a long-term perspective, it will be placed in my non-current assets. This includes my insurance (value till date), CPF Ordinary & Special Account (similar to America's 401K), and Supplementary Retirement Scheme (SRS) Account." There is a slight drop in my current assets, mainly due to the performance of the stock market (portfolio is currently down 6.26%) ...
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By Retirement Noob
This blog is all about my journey towards my goal for retirement. Living in Singapore has its merit, but it comes at a price of worrying about our retirement. My ultimate goal is to build passive income which will allow me to retain my lifestyle even after I have retired. This blog will hopefully document the growth of my investment portfolio and share with others that it is possible to be a Millionaire with a middle-income salary.
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