My net worth remains fairly stagnant at $1.048m compared to last month, despite savings and CPF contributions amounting to more than $8k this month.
This is due to weakening of share prices of the local Reits in my portfolio.
I have completed the $7k RSTU scheme for my CPF Special Account. Next up, I intend to top up my SRS account.
I just listened the Budget 2021 which reported a -$64.9B deficit for FY2020 in Singapore. The Budget is more business and pro-enterprise to save jobs in times of a health pandemic and also provides a strong social net to help out the low income and vulnerable folks in the society.
There are not much benefits for the middle class other than the usual Town Council service & conservancy charges, utilities rebates, top ups to children education accounts on top of a meagre $100 CDC vouchers for use in neighbourhood shops....