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Net Worth Update Jun 2020
By Live Rich Life Free  •  June 16, 2020
My net worth increases $29k to $940k from $911k in May 2020. More than $20k is gained from the portfolio due to continued recovery in the stock markets. I also collected more than $2k of dividends in the month of June alone. Savings from monthly salary and CPF contributions make up the rest of the increase. After ploughing more than $40k investing in the likes of Comfortdelgro, SATS, OCBC, CapitaLand Mall Trust, Frasers Logistics & Commercial Trust, Mapletree Industrial and UOB from Mar to May, I have sat back and relaxed while watching them recover and rally, thereby contributing to the increase of my net worth. I have removed deadwood such as Starhub and the other deadwood, Sembcorp Ind suddenly had become a potential gem for the future after the de-merging plan was announced.
My emergency funds and secondary war chests in Singapore Savings Bonds and fixed deposits are intact. Primary warchest in POEMS Money Market Fund is topped up with dividends but depleted due
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By Live Rich Life Free
The purpose of this blog is for me to share my reinventions of how life should be lived and journal my journey towards financial independence. I believe that life is a story book. Each chapter contains 10 years of our lives. I am moving on towards mid 30s in 2021. As a nobody but somebody, I am in Chapter 4 of my story book. I hope to influence my philosophy of living a rich life freely and healthily with all of you. Embrace the future and empower freedom!
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