Unveiling my Live Rich Life Free Net Worth!
My net worth has surpassed SGD900k for the very first time and hit the HIGHEST in my life.
This is after the latest CPF contributions for Jan 2020 and having collected Feb's paycheck.
I include CPF numbers into computation of my net worth because I still believe the numbers are my illiquid assets.
I also included the surrender value of my whole life insurance, endowment plans and savings plans into my net worth.
As I do not own car or property yet, I have no loans and my very low liabilities are due to some credit cards debts only.
I understated the value of my Supplementary Retirement Scheme Account (SRS) by accounting for only the amount contributed to SRS. Though I only contributed $55.9k in the past few years, the portfolio has actually surpassed $68k.
I have always been adopting a conservative slow and steady approach towards investing. I...