YTD 2026 Networth tracking thread

[DevilPlate]

what exactly is the mistake? don't stock or country pick?

Never cut loss (only cut half) for baba
For HST, i sunk in more money to average down….. good money chase after bad counter.

 

[highsulphur]

Another guy said he wished to get retrenched so that he can finally FIRE lol

one has to be mentally prepared for retirement so it will be hard to just FIRE just because one is retrenched especially if you are still relatively young (ie below 50).

I am in my late 40s and I couldn't bring myself to stay retired at the moment when most friends are still actively working. Retired also need company

 

[revhappy]

one has to be mentally prepared for retirement so it will be hard to just FIRE just because one is retrenched especially if you are still relatively young (ie below 50).

I am in my late 40s and I couldn't bring myself to stay retired at the moment when most friends are still actively working. Retired also need company

Why dont you try out somethin,with your new found freedom? Are you saying going to a 9-6 job is the only way to find purpose in life?

 

[highsulphur]

Why dont you try out somethin,with your new found freedom? Are you saying going to a 9-6 job is the only way to find purpose in life?

hard to have complete freedom when kids are still young. Yes I may feel I have "enough" when looking at my brokerage and bank statements but part of me still enjoy being part of the industry and system (at least for now).

If you were to lose your job now and have attained your target NW, what would you do if you are only 45?

 

[sohguanh]

i just got laid off. Worst case would be can't find job and start drawing down on cash savings. I don't see any likelihood drawing on investment unless I am fully retired or can't a job for 1 year or longer

If you got house car children financial commitment need to re-strategize. How much cash savings to draw down is key before you find next job which may pay lesser and pray for on par or higher pay hehe

 

[revhappy]

hard to have complete freedom when kids are still young. Yes I may feel I have "enough" when looking at my brokerage and bank statements but part of me still enjoy being part of the industry and system (at least for now).

If you were to lose your job now and have attained your target NW, what would you do if you are only 45?

In my case I don't like my job and I hate the 9-6 routine, waking up to an alarm etc.

So with the new found freedom, I would see what my passion is and do something related to it. I used to love riding motorcycle in Singapore. So I would buy a motorcycle go on long rides to the north. Join the groups. Maybe do some kind of side business importing motorcycle part or accessories and selling on carousel. I don't need the money, but just for fun and to be involved with something I love.

I would buy second hand motorcycle and then do them up nicely and resell for a small profit. I used to do this, there is a motorcycle shop Ah Boy/Regina in Jalan Besar, I used to go and hang out there and do up my motorcycle. I was part of Singapore Bikes Forum and we used to go for meetups etc.

 

[hwmook]

Also possible to reduce to 1/3 then hahaha

AMD drop from a high of 155 during Nov 2021 to a low of 55 during Oct 2022, stock price reduced to 1/3 but still didn't knock me out. There are options strategy involved to limit drawdown. Even if stock price go nowhere for next 3 years I also will reach my target networth. I currently hold 3 counters only, all winners and I just need to manage these 3 to reach my target networth and retire. During retirement just spend my free time to research and trade stocks. 16 years in the market, it will take a crash of the century to knock me out.

 

[highsulphur]

If you got house car children financial commitment need to re-strategize. How much cash savings to draw down is key before you find next job which may pay lesser and pray for on par or higher pay hehe

no more loans. Only future liabilities are my kids education and possibly one more car to buy in 2026 when current one expires.

I think my return on investment is more than my monthly expenses so technically I am FI. Just don't have a passion or hobby strong enough to entice me to RE

 

[highsulphur]

AMD drop from a high of 155 during Nov 2021 to a low of 55 during Oct 2022, stock price reduced to 1/3 but still didn't knock me out. There are options strategy involved to limit drawdown. Even if stock price go nowhere for next 3 years I also will reach my target networth. I currently hold 3 counters only, all winners and I just need to manage these 3 to reach my target networth and retire. During retirement just spend my free time to research and trade stocks. 16 years in the market, it will take a crash of the century to knock me out.

so you are not relying on investment to gain 3m in 3 years. Will it be salary/bonus or other future windfall?

 

[hwmook]

you need to consider the magnitude. Your gains include salary and bonus. So unless he is a high flyer with 400-600k income, it is quite presumptuous to assume a 3m increase in 3 years (esp in terms of percentage).

If my networth is 10m, a 3m gain in 3 years seems plausible without taking excessive risks

I am just average salaryman so it doesn't make a signficant difference to my networth. If I have a 400k annual pay package then it's going to be hard for me to give up my job. For those getting 150k+/-50k PA, it's possible to earn enough to call it a day. Earn too little hard to accumulate enough, earn too much maybe hard to give it up.

 

[hwmook]

so you are not relying on investment to gain 3m in 3 years. Will it be salary/bonus or other future windfall?

I don't depend just on my stock going up in value, I collect options premium while waiting so even if the stock go nowhere, I still earn from options premium. The only way I don't earn is the stock keep going down a lot for years so it's important for me to keep track of the companies I invest in. I invest base on where the business is headed. I used to own seagate and WD, but I cut them off because the market is moving to SSD and they are not moving fast enough. So I don't really trade stocks base on charts nor purely financial data, its a combination of everything. Like Adam Khoo put it, it's about investing into great business at a reasonable price.

 

[highsulphur]

I don't depend just on my stock going up in value, I collect options premium while waiting so even if the stock go nowhere, I still earn from options premium. The only way I don't earn is the stock keep going down a lot for years so it's important for me to keep track of the companies I invest in. I invest base on where the business is headed. I used to own seagate and WD, but I cut them off because the market is moving to SSD and they are not moving fast enough. So I don't really trade stocks base on charts nor purely financial data, its a combination of everything. Like Adam Khoo put it, it's about investing into great business at a reasonable price.

so you have retired and your projection of $3m gain in the next 3 years are from trading (outright and option)?

 

[yslvlys]

Also possible to reduce to 1/3 then hahaha

I think AMD 80% baojiak.. But then if I say that why am I not putting 80% of my money in AMD Hahaha

 

[yslvlys]

I don't depend just on my stock going up in value, I collect options premium while waiting so even if the stock go nowhere, I still earn from options premium. The only way I don't earn is the stock keep going down a lot for years so it's important for me to keep track of the companies I invest in. I invest base on where the business is headed. I used to own seagate and WD, but I cut them off because the market is moving to SSD and they are not moving fast enough. So I don't really trade stocks base on charts nor purely financial data, its a combination of everything. Like Adam Khoo put it, it's about investing into great business at a reasonable price.

Are you working in semicon industry?

 

[DevilPlate]

I am just average salaryman so it doesn't make a signficant difference to my networth. If I have a 400k annual pay package then it's going to be hard for me to give up my job. For those getting 150k+/-50k PA, it's possible to earn enough to call it a day. Earn too little hard to accumulate enough, earn too much maybe hard to give it up.

For some, it is the title/power/status that are hard to give it up.
Once outside of their job, they are js a grumpy oldman/old lady whahaha

 

[DevilPlate]

I don't depend just on my stock going up in value, I collect options premium while waiting so even if the stock go nowhere, I still earn from options premium. The only way I don't earn is the stock keep going down a lot for years so it's important for me to keep track of the companies I invest in. I invest base on where the business is headed. I used to own seagate and WD, but I cut them off because the market is moving to SSD and they are not moving fast enough. So I don't really trade stocks base on charts nor purely financial data, its a combination of everything. Like Adam Khoo put it, it's about investing into great business at a reasonable price.

But u got balls….Networth tied to js 3 stocks.

 

[DevilPlate]

Those who hold so much networth in US stock market (non LSE)….are u not worried about estate duty tax?

 

[highsulphur]

Those who hold so much networth in US stock market (non LSE)….are u not worried about estate duty tax?

I curious how many Singaporeans actually voluntarily declared to US iras to pay estate duties on behalf of their deceased relatives while executing their will

 

[d9_lives]

I am considering doing a full writedown of my China endowus unit trust portfolio which is now worth 46k(original investment of 60k less than a year ago). It is a small fraction of my 1.5million worth portfolio. But it is torture to watch is go down every day. Instead I just take one off hit and then stop tracking it and if it goes to zero, I don't care, since I already accounted for it.

Indeed. But I am just too deep in the ****.
If PLTR prints next week. I am gonna double down on baba.

 

[hwmook]

Those who hold so much networth in US stock market (non LSE)….are u not worried about estate duty tax?

You are already dead, worry for what? My money is for me to spend, not to leave to family. So anything left for my family is a bonus, more or less doesn't really matter for me.