After the battering in Mar 2020, my net worth rebounded strongly this month. This is due to the rebound in the stock market as well as the latest round of cashflows from active income, bonuses which was contributed to SRS for investment and CPF contributions.
Ever since my net worth inched towards SGD 1 million in early 2020, it has been on a continual decline. I expected it to happen with the worsening virus situation however the steep plunge of equities was faster and greater than expected. I am happy to finally see it increase again.
A breakdown of my assets revealed the bulk of numbers in the CPF fortress and I still have enough risk capacity to invest in more risky stocks and Reits. My SRS account is fully vested in strong companies such as OCBC, SATS and Comfortdelgro that are undergoing stress tests at the moment. I particularly favour Reits and...