My net worth rises to S$1.635m after CPF contributions, savings from salary and collection of dividends in May 2024.

My CPF makes up 37% of my wealth. Full retirement sum (FRS) is achieved in 2022.

Cash and war chest form 15% of my net worth. My cash is stashed away in bank fixed deposits and Fullerton cash funds under custody of Moomoo and Tiger Broker yielding more than 3% p.a.

Bonds consist of low-risk Singapore Savings Bonds ($150k) and Astrea 7A PE bond ($9k) contributing to 10% of my wealth. I intend to subscribe $10k of the June 24 SSB tranche with average yield of 3.33%.

CPF, cash and war chest, and bonds amount to 62% of my net worth as relatively safe heavens. 

SRS account accounts for just 8% of my wealth. I have already completed the $15.3k contribution limit for 2024. 

Currently, 24% of my net worth is in stocks and Reits. This, combined