YTD 2025 Networth tracking thread

[d9_lives]

The highlighted part is true in my case, but that is not necessarily a bad thing. In our case my daughter is the reason which keeps me going. I am already FI, lol and have no material pursuits. Imagine no kids, how boring life would be.

For us, doing all those kids stuff are boring. It's a chore. We love our freedom, our "me time".

Regarding marriage, we still follow the traditional Indian system. My wife cooks delicious food for me, takes care of the house and my daughter. I live like a king, don't do any work, just go to office and bring in the money. So I depend on my wife and my wife depends on me. It is a happy coexistence.

My wife doesn't like the assigned roles and traditional roles.
And I like women who're fun, smart, independent, full of life and know what they want and how to reach them.

Imagine, 17y of marriages without a single big fight. No argument on whose turn to handle the kids stuff.

We both absolutely love our daughter and can't even imagine life without her.

Not saying your perspective is wrong. Maybe your life is happier without kids, you both have enough pursuits of your own. But in my and my wife's case, our daughter is the essential bond between us.

Good for you.

 

[DevilPlate]

Nope. Since I was young, I've seen enough marriages destroyed by kids.

Look around you, there're so many tired and frustrated out of shape parents that are trapped in their sexless, boring and unhappy marriages.
They were young, attractive and full of fun. Now they're just shadow of their former selves.
Their lives, hobbies and aspirations are over once they've kids.
Everything is about their kids now. They've lost their identities.

To each his/her own.

My social circle is full of happy families including mine
Sure some sacrifices during newborns/growing stage but if u ask me i have any regrets….absolutely NO and i will repeat it again given a choice!

 

[d9_lives]

To each his/her own.

My social circle is full of happy families including mine
Sure some sacrifices during newborns/growing stage but if u ask me i have any regrets….absolutely NO and i will repeat it again given a choice!

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.

 

[DevilPlate]

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.

For my case, she wanted more kids and i goto “stop” her lol

 

[Mephist0pheLes]

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.

can only say lol. dont need to try so hard to justify ur decision to walk a different path, ur path is getting common nowadays, dont have to feel insecure about it.

 

[limster]

There are many capable dads that are able to juggle family and work, just like there are capable mothers. Furthermore, WFH has made it so much easier for parents to spend more time with children. Ultimately, you have to find your IKIGAI

But in the end, "it takes a village to raise a child." In the modern day context, you have to build networks with other parents with children around the same age. This way, the parents can share knowledge, opportunities, and take turns to organise activities for all the children, and give the other parents a break. It makes the task of parenting much easier.

 

[d9_lives]

can only say lol. dont need to try so hard to justify ur decision to walk a different path, ur path is getting common nowadays, dont have to feel insecure about it.

Triggered much?
Merely sharing my pov.
Feel free to share yours instead of launching cheap ad hominem.

 

[revhappy]

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.

Can't speak for all women, but my wife didn't want to do a corporate job. She is also a Computer science engineer and she found a job in NCS in Singapore, but she hated the work culture. My wife won't take any ******** from anyone.

She chose stay at home mom role and she is happy.

When I see Singaporeans dual income all so stressed because both husband and wife are screwed at work. I would much rather only husband be screwed in office and wife chill at home.

 

[d9_lives]

Can't speak for all women, but my wife didn't want to do a corporate job. She is also a Computer science engineer and she found a job in NCS in Singapore, but she hated the work culture. My wife won't take any ******** from anyone.

She chose stay at home mom role and she is happy.

When I see Singaporeans dual income all so stressed because both husband and wife are screwed at work. I would much rather only husband be screwed in office and wife chill at home.

Glad that your wive is enjoying her role. She has tried different worlds, knows what she wants and has a supportive husband.
Corporate world in sg is really something. We want to escape asap.

 

[stanlawj]

2M at 41yo needs to be frugal
But 10M is overkill.

i would think 2M on top of let say a fully paid condo worth 1.5M today for a single at 41yo should be sufficient.
Can always downgrade to HDB or even a 2rm BTO flat in 60s to free up extra cash plus ERS should be quite comfortable.

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).

 

[highsulphur]

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).

drawdown should feel and should be normal at some stage isn't it especially when one is retired

you probably felt that because you were too "young"?

 

[stanlawj]

drawdown should feel and should be normal at some stage isn't it especially when one is retired

you probably felt that because you were too "young"?

The importance of having sufficient financial buffer (for unexpected financial events) must not be overlooked. I didn't factor in enough buffer.

The worst thing that can happen is being forced to liquidate at the lows in the market due to cashflow or liquidity constraint, thus missing out completely on the market rebound.

 

[highsulphur]

The importance of having sufficient financial buffer (for unexpected financial events) must not be overlooked. I didn't factor in enough buffer.

The worst thing that can happen is being forced to liquidate at the lows in the market due to cashflow or liquidity constraint, thus missing out completely on the market rebound.

i agree. also risky to rely too much on dividends and assume dividend rates will be stable forever. Once not, you may be left high and dry

 

[stanlawj]

i agree. also risky to rely too much on dividends and assume dividend rates will be stable forever. Once not, you may be left high and dry

The concept of financial buffer differs from one to another depending on what the person does. For retiree, it can simply mean cash for 12-months expenses + large enough capital to sustain 2% withdrawal per year.

It is different for myself, since I like to trade most of the time, so my returns can be double digits % per year.

But the risk of extended (multi-months) drawdown is high, so the buffer I realised I need, is capital for 3 full trading accounts. i.e. I actually needed 3X more than I assumed.

The main trading account generates the income plus excess returns for capital growth. The other two accounts serve as independent backups in case the main account blows up (too heavy drawdown) or becomes inaccessible.

To trade/invest in financial markets without any stable job, vs trading/investing while holding a stable job, turned out to be completely different experience for me.

 

[d5dude]

My Net worth based on my Google sheets is $2,231,905.64.

probably can add another 150k from last night's rally from meta and some increase on NVDA.

I'm not working at the moment and quit my job (12k+ monthly salary) since the end of 2022 (worked in ICBC).

41 this year single with a condo.

I'm quite satisfied with what I've gotten seeing I have no degree and has been a slacker all my life. I lucked out when during my first job as an office temp in Deutsch bank and that builts up my CV such that I will always have jobs from banks being offered to me and bank still paid pretty well relative to other industries.

lucked out again when I opened a brokerage acct with poems as my ex-colleague was a new broker there then and asked me to support him. So I opened am account and randomly looked at my room to see the things I had that I can buy its shares for. Since I'm a PC gamer then with a GeForce card, I just randomly bought about 12k worth of NVDA shares then without much thought and barely monitors it and....you guys knew the story of how NVDA flew to the moon since last year. I also bought some Meta shares then during its IPO just as a token so that I can tell people that I am a Facebook shareholder (back when being in fb is still cool) and also didn't monitor it and just held them through the years...and you guys also knew of meta stocks since last night.

so I practiced very stringent book keeping for all my finance that's the reason I am very comfortable with just quiting and not having any income at all because my current cash on hand can last me at least a decade before I need to draw any money from my portfolio.

so that's My story....and a pretty boring uninspiring one.

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.

 

[d5dude]

It seems you most of you need 5M and above to live your life or else you got to live a "Frugal" Life. I wonder how the rest of Singaporeans who earn less can afford to live in Singapore.

What a miserable life they will have.....sigh...

This is MM so the people here are not the typical singaporean, I think expectations tend to be higher once you reach a certain level of nw/income aka lifestyle creep.

 

[d5dude]

i agree. also risky to rely too much on dividends and assume dividend rates will be stable forever. Once not, you may be left high and dry

Yea dividend is just part of the total return an investor gets from assuming equity risk, it’s not fixed income and it’s certainly not guaranteed. The most stable form of fixed income with zero to little risk of capital loss are Govt bonds, annuities, endowments and investment grade corp bonds.

 

[limster]

Yea dividend is just part of the total return an investor gets from assuming equity risk, it’s not fixed income and it’s certainly not guaranteed. The most stable form of fixed income with zero to little risk of capital loss are Govt bonds, annuities, endowments and investment grade corp bonds.

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.

 

[highsulphur]

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.

the 3 banks make up around 45% of STI. Guess ES3 was dragged down by the rest

 

[d5dude]

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.

Yes they can certainly go up as well, it all boils down to stock selection in the end, lousy businesses that cannot grow their profits or maintain a moat will do poorly on a total return basis over the long run, dividend payout policy doesn’t change this fact.