YTD 2025 Networth tracking thread

[sohguanh]

While dividends may go down, as ASSI has shown, dividends can also go up! Even though he has FIREd, he has still managed to grow his dividends. So I guess its the quality of the stocks you choose. In ASSI's case, it appears to be OCBC, DBS, and UOB.

Actually I heard of uncles and aunties who has a similar (successful) retirement strategy, their entire life they only own the 3 bank stocks (and probably SPH). But overall they still huat more than STI ETF.

That is true and oldbirds have told me when I first enter SGX just whack the three local banks will do. But key is the capital to buy those stock not small depend on investors capital affordability. OCBC BCIP, Poems Share builder etc are work around but those charge fees for each transaction. So STI ETF is most affordable although it is not full three local banks in composition.

 

[DevilPlate]

Are you are still working in a full-time job?
I don't have a full-time job now. When the switch to jobless occurred (I quit), the panic only set in when I suffered a drawdown. I still laugh at myself for my stupidity living carefree assuming portfolio only goes up and up.
If you have never been jobless before, it will be a religious experience (good and bad).

I have RA acct liao

 

[hwmook]

Most dads say they will repeat again if given the choice but ask the moms.
The sacrifices are unequal between dads and moms. From my observation, usually it's the moms who do all the heavy liftings in parenthoods hence, resentments in relationships.
Then most husbands have no clue why their wives are no longer that sweet and kind women whom they married.

Also, I wonder all those women with traditional roles who are wasting their prime years at home and dedicating their lives to take care of other humans, are those what they truly want in their lives?
Do the gender roles reversal, I...just can't imagine.

Come on, traditional gender role is already non existence in Singapore. Don't know why are you still using that as a point to justify you not having kids. Like somebody else mentioned, you can choose not to have kids, no need to justify especially using reasons that are no longer valid.

I also don't need to give you 1000 reasons why having kids is great. Just accept that everybody view it differently.

 

[wira]

Speaking from experience? Lol...

Imo, DINK is the most efficient and optimal way to financial freedom.
I can't imagine wasting my youth, prime years for kids.
At least 2 decades of thankless servitude...hell no.

yah i kind of agree that DINK is most efficient way to FI ...

i am most screwed now...with 3 kids ....

 

[churnmaster]

yah i kind of agree that DINK is most efficient way to FI ...

i am most screwed now...with 3 kids ....

DINK or SINK doesn’t matter as long as you don’t complain about other’s kids being too noisy . . Especially if you are staying close to a school or a playground.

 

[sohguanh]

Come on, traditional gender role is already non existence in Singapore. Don't know why are you still using that as a point to justify you not having kids. Like somebody else mentioned, you can choose not to have kids, no need to justify especially using reasons that are no longer valid.

I also don't need to give you 1000 reasons why having kids is great. Just accept that everybody view it differently.

Some old fashioned thinking is got kids when you die got ppl help settle your funeral rites. When old got kids ferry you to and fro see doctor for your illness. When old cannot eat or move yourself got kids help settle you. Some is want sons to carry on family name to next generation etc. So I view this as some sort of transaction and expectations.

Of cuz your views can be entirely different so just giving other readers mindset why don't want kids. Some old saying is kids are reborn from your previous life to ask you repay what you owe them and that is to suffer.

 

[kickass22]

There's different class of traveling in life. Budget, Economy, Premium Economy, Business, First Class, Private Jet.

All of us have what we need to get to the end destination and will get there. It is what we can afford for our DESIRES that differentiates the experience.

If I can afford First Class, but have no desire for it, Economy is fine. But if I can only afford Economy but desire First Class, that's where the having the extra $M makes a difference.

And you won't know your desires truly until the budget limit is gone. That's when a man shows his true colours: to live a principled life or to live a lust-driven life.

Desires is just another word to describe the well known "hedonic treadmill" that humans are well know for.

"If I can afford First Class, but have no desire for it".

Here is another way of looking at it. If I can afford First Class and I have desire for it, I can still decide not take it. Just because I "Desire" it does not mean I need have to do it.

Here is another one : If I can't afford it but I desire for it. I can decide that is not a need and just a want and decide not to take it .

Here is yet another one : If I can't afford it, but I desire for it as its one experience I have always to experience, I can decide to put it as a want and work towards getting it.

All of these folks are not stuck in the "Hedonic treadmill" / Desires .

 

[kickass22]

I agree with this. It sort of syncs with what Morgan Housell says in Psychology of Money. Having money doesn't make you happy. Having enough makes you happy.

Hmm.... don't think that's what Morgan Housel said. He basically said its hard for people know what is enough and thus leading to a lot issues. That's where the role of contentment and expectations come into play.

In another of his articles / podcast on happiness, he discusses in detail the role of expectations & contentment vs happiness which is a ever changing fleeting emotion based on circumstances.

Anyway, that has been my interpretation.

 

[stanlawj]

Desires is just another word to describe the well known "hedonic treadmill" that humans are well know for.

"If I can afford First Class, but have no desire for it".

Here is another way of looking at it. If I can afford First Class and I have desire for it, I can still decide not take it. Just because I "Desire" it does not mean I need have to do it.

I think you are just saying something to this effect: organise desires according your life principles. Those desires that conflict with life principles should be rejected.

Hmm.... don't think that's what Morgan Housel said. He basically said its hard for people know what is enough and thus leading to a lot issues. That's here the role of contentment and expectations come into play.

In another of his articles / podcast on happiness, he discusses in detail the role of expectations & contentment vs happiness which is a ever changing fleeting emotion based on circumstances.

Anyway, that has been my interpretation.

We all are unable to judge what is ENOUGH, but as we have more and more, it becomes clearer nobody wants:

• Working as an employee for a meticulous KPI-driven boss.
• Working 996
• Eating porridge and vegetables only

[this list doesn't stop here....]

 

[d9_lives]

Come on, traditional gender role is already non existence in Singapore. Don't know why are you still using that as a point to justify you not having kids. Like somebody else mentioned, you can choose not to have kids, no need to justify especially using reasons that are no longer valid.

Come on, I shared my pov, other forumers shared theirs. It's all cool.
Don't know why you took issue with such exchanges. What's the matter with you?

Of course everyone's view is different. Are we only allowed to share what's compatible with yours?

I also don't need to give you 1000 reasons why having kids is great. Just accept that everybody view it differently.

Frankly, I am not interested in yours. Now, why don't you stay back and let the adults talk.

 

[stanlawj]

Come on, I shared my pov, other forumers shared theirs. It's all cool.
Don't know why you took issue with such exchanges. What's the matter with you?

Of course everyone's view is different. Are we only allowed to share what's compatible with yours?


Frankly, I am not interested in yours. Now, why don't you stay back and let the adults talk.

By the way, I have no children too, not because of choice, but because my wife had issues with her womb.
I don't know whether to be thankful or to be regretful.

 

[d9_lives]

By the way, I have no children too, not because of choice, but because my wife had issues with her womb.
I don't know whether to be thankful or to be regretful.

You have each other.
And you can be that uber cool rich uncle/auntie to your niece/nephew.
Hang out, do fun stuff with them and return them to their parents when they started to get cranky or when you're tired.

 

[DevilPlate]

By the way, I have no children too, not because of choice, but because my wife had issues with her womb.
I don't know whether to be thankful or to be regretful.

Let natural take its course

 

[revhappy]

Sounds like the bulk of your nw came from 2 stocks that you bought several years ago, it’s definitely not an uninspiring story, it’s incredible even if a lot of luck was involved. Most people with this kind of luck would have dumped everything as soon as the stock 3x or something, your buy and hold is like Warren Buffett level of buy and hold forever already.

Im also a shareholder of these 100+ baggers since I have owned cspx since 2011, but it’s only easy to hold “forever” because they are part of a bigger portfolio. No way I’d ever have 2 stocks make up my entire long term investment portfolio lol.

Exactly, thats why I said his story is incredible, if true. Not implying that it is untrue. But it really sounds like a fairy tale.

 

[DevilPlate]

Exactly, thats why I said his story is incredible, if true. Not implying that it is untrue. But it really sounds like a fairy tale.

back in 2021, also suddenly got many such success stories about 10X-100X meme/spac etc haha

SEA Limited was one of the darlin, now cui till max lol

 

[Opps-gal]

Some old fashioned thinking is got kids when you die got ppl help settle your funeral rites. When old got kids ferry you to and fro see doctor for your illness. When old cannot eat or move yourself got kids help settle you. Some is want sons to carry on family name to next generation etc. So I view this as some sort of transaction and expectations.

Of cuz your views can be entirely different so just giving other readers mindset why don't want kids. Some old saying is kids are reborn from your previous life to ask you repay what you owe them and that is to suffer.

Kids so can pass something to them when dead?

 

[hwmook]

Some old fashioned thinking is got kids when you die got ppl help settle your funeral rites. When old got kids ferry you to and fro see doctor for your illness. When old cannot eat or move yourself got kids help settle you. Some is want sons to carry on family name to next generation etc. So I view this as some sort of transaction and expectations.

Of cuz your views can be entirely different so just giving other readers mindset why don't want kids. Some old saying is kids are reborn from your previous life to ask you repay what you owe them and that is to suffer.

I personally don't view it as such, I also told my wife when we marry, have kids or not is not a big deal for me. I will be happy to have kids and I will also be happy if we do not have kids. It is really not a big deal either way for me.

 

[hwmook]

Come on, I shared my pov, other forumers shared theirs. It's all cool.
Don't know why you took issue with such exchanges. What's the matter with you?

Of course everyone's view is different. Are we only allowed to share what's compatible with yours?


Frankly, I am not interested in yours. Now, why don't you stay back and let the adults talk.

You are the one who seem triggered when others expressed their views. And now calling names, well done. Come I clap for you.

 

[hwmook]

Kids so can pass something to them when dead?

Always got the 2 extremes, some want their kids to take care of them when they are old, give them money etc. Some want to leave their money to their kids when they pass away as legacy. I personally don't subscribe to these "traditional" views, I expect nothing from my kids when i am old and I also do not plan to leave anything for them when I pass away. That's why I plan to have enough money for myself and also spend it all away as I age. If I got leftover, leave everything to wife. If wife got leftover then leave to kids.

 

[d9_lives]

You are the one who seem triggered when others expressed their views. And now calling names, well done. Come I clap for you.

Are you hallucinating?
What name did I use on you? Quote plz.

Check my interactions with other forumers, see how they shared their povs as parents.

Now check yours. What have you done except being snarky? No, your "just accept that everyone view it differently" is worthless. How old are you?

If you still haven't realized it, I clap for you.

If this topic bothers you, don't engage. Let others be. This is your graceful exit, take it.