YTD 2026 Networth tracking thread

[belgarathc]

My other entry for illiquid portion of the portfolio is SRS.

To me, property and vehicle net of loans are also part of networth.

 

[revhappy]

I don't have CPF or other illiquid assets, but this is my view. It depends on what is the purpose you are evaluating your networth. If the purpose is to find out your ability to retire, then CPF payout helps you towards the latter part of your life and it is very predictable payout, so it should be included in your networth calculation.

If your purpose is to see if you can buy something now with that money, then obviously due to the restrictions you cannot buy and hence you cannot include it as part of your networth.

 

[limster]

I don't have CPF or other illiquid assets, but this is my view. It depends on what is the purpose you are evaluating your networth. If the purpose is to find out your ability to retire, then CPF payout helps you towards the latter part of your life and it is very predictable payout, so it should be included in your networth calculation.

If your purpose is to see if you can buy something now with that money, then obviously due to the restrictions you cannot buy and hence you cannot include it as part of your networth.

I would include CPF... I am investing a fair amount of my CPF in ETF and unit trust, so I would want to track its value whether up or down. Same for SRS.

 

[direbmem]

Gains in 2021 more than 50% gone in the 1st few days of 2022

 

[belgarathc]

I don't have CPF or other illiquid assets, but this is my view. It depends on what is the purpose you are evaluating your networth. If the purpose is to find out your ability to retire, then CPF payout helps you towards the latter part of your life and it is very predictable payout, so it should be included in your networth calculation.
If your purpose is to see if you can buy something now with that money, then obviously due to the restrictions you cannot buy and hence you cannot include it as part of your networth.

Well, I will just look at the cash and cash equivalents category of the networth if that is what one wants to know.

 

[mycashewhouse]

41 year old uncle here, with about 1.2m networth including cpf. I think i am very very average among the high flyers here, but the older i get the more i just want to cruise along. Not sure if there's anyone like me.

 

[highsulphur]

41 year old uncle here, with about 1.2m networth including cpf. I think i am very very average among the high flyers here, but the older i get the more i just want to cruise along. Not sure if there's anyone like me.

Same but still have young kids

 

[hwmook]

41 year old uncle here, with about 1.2m networth including cpf. I think i am very very average among the high flyers here, but the older i get the more i just want to cruise along. Not sure if there's anyone like me.

41 years old cannot call yourself uncle in this thread, many are around your age or older.

 

[limster]

41 year old uncle here, with about 1.2m networth including cpf. I think i am very very average among the high flyers here, but the older i get the more i just want to cruise along. Not sure if there's anyone like me.

after you reach that point of your career where you can cruise along and earn $10k+ a month, why not? Not everyone wants to aim to become C-suite exec.

 

[RedsYWNA]

after you reach that point of your career where you can cruise along and earn $10k+ a month, why not? Not everyone wants to aim to become C-suite exec.

Actually in SG, C-suite exec not stressful 1, its not like US.........not so performance driven, LOL

 

[highsulphur]

I asked about the definition of net worth because I was wondering if I can afford to splurge a bit. End of last year, I hit 1mio (+cpf, -HDB) at 41. Low compared to many others here. I'm cruising along around 85K per year (not 10+k per month like the other Uncles here). Recently, I started the habit of taking taxi to work (work to home still MRT) and am feeling somewhat guilty about it.

i think it is a matter of habit. I don't have a habit of taking taxis and even though my salary and networth have increased over the years, I still take public transport. Do what you are comfortable, rather than determine what you should do based on how much you earn or have.

 

[homer123]

I asked about the definition of net worth because I was wondering if I can afford to splurge a bit. End of last year, I hit 1mio (+cpf, -HDB) at 41. Low compared to many others here. I'm cruising along around 85K per year (not 10+k per month like the other Uncles here). Recently, I started the habit of taking taxi to work (work to home still MRT) and am feeling somewhat guilty about it.

I have frugal fatigue after 50 years old. I started to splurge as I know my money will end up nowhere when I died. I have no qualm taking business class or a luxury cruise. I just have to make sure I don't overspend beyond what I have ..

 

[limster]

I have frugal fatigue after 50 years old. I started to splurge as I know my money will end up nowhere when I died. I have no qualm taking business class or a luxury cruise. I just have to make sure I don't overspend beyond what I have ..

I believe you are spending from your passive income and not touching your 'capital' so to me that is totally fine.... the magic of passive income is that next year, the money will magically appear again your bank account! If you draw down your capital, its gone forever.

 

[limster]

I asked about the definition of net worth because I was wondering if I can afford to splurge a bit. End of last year, I hit 1mio (+cpf, -HDB) at 41. Low compared to many others here. I'm cruising along around 85K per year (not 10+k per month like the other Uncles here). Recently, I started the habit of taking taxi to work (work to home still MRT) and am feeling somewhat guilty about it.

I would say there is no right or wrong answer, but 1.2m @ 41, you are actually in a very good position to double it to 2.4m in 10 years. So the question is whether you want to take your foot off the accelerator now, or continue pushing on for 10 more years. (1m ->2m 10 years is just an estimate, some take longer, some take less time).

 

[RedsYWNA]

I believe you are spending from your passive income and not touching your 'capital' so to me that is totally fine.... the magic of passive income is that next year, the money will magically appear again your bank account! If you draw down your capital, its gone forever.

I disagree with this theory. And Buffett thinks the same way as me too, if you look at Berkshire's dividend history.

But if it works for you with peace of mind why not?

 

[mycashewhouse]

I asked about the definition of net worth because I was wondering if I can afford to splurge a bit. End of last year, I hit 1mio (+cpf, -HDB) at 41. Low compared to many others here. I'm cruising along around 85K per year (not 10+k per month like the other Uncles here). Recently, I started the habit of taking taxi to work (work to home still MRT) and am feeling somewhat guilty about it.

Occasionally just indulge a bit. Else the money will just be digits in the bank.

 

[limster]

I disagree with this theory. And Buffett thinks the same way as me too, if you look at Berkshire's dividend history.

But if it works for you with peace of mind why not?

sure, I'm totally ok with those that hold BRK and sell their holdings in order to fund their expenses. Like I said many times, there are many ways to FIRE and manage your money. There's no single right answer. Just share what you are doing

trying to sell my holdings to fund my retirement is not for me as I would then have to spend time thinking of how much I can sell each year.... and my investing weakness is that I am terrible at selling shares, so I would end up being cautious and selling only a little bit rather than treating myself to an enjoyable retirement

The draw-down issue is also applicable if you have a 50/50 equity-fixed income mix on retirement. If you sell your fixed income instruments to pay for retirement, it really is 'gone' and will no longer pay you a coupon year after year. If you sell your equities, your fixed income-equity ratio will slowly change.

So for myself, .I will just look at my bank account - all that passive income, its for me to spend. No need to think about having to sell my portfolio and maintain the fixed income-equity ratio.

 

[revhappy]

I asked about the definition of net worth because I was wondering if I can afford to splurge a bit. End of last year, I hit 1mio (+cpf, -HDB) at 41. Low compared to many others here. I'm cruising along around 85K per year (not 10+k per month like the other Uncles here). Recently, I started the habit of taking taxi to work (work to home still MRT) and am feeling somewhat guilty about it.

Regarding taking taxi, I look at it this way; if taking taxi makes my day better and saves me time and effort or just makes me happy, then it is worth it. I would look at it as a worthy expense, since if you are happy you can continue working in your job for longer or even do better at your job and in the end it will add to your bottomline.

There is a book written by this guy Ramit Sethi, who is like opposite of frugal. He says spend high and enjoy your life and that motivates you to earn higher. He even says stuff like buy the most expensive ticket you can get, your time is more worth it than spending hours on search engines looking for the cheapest ticket.

I feel that is bit going overboard, but what you are doing is perfectly reasonable.

This is his interview with MadFIentist

 

[highsulphur]

sure, I'm totally ok with those that hold BRK and sell their holdings in order to fund their expenses. Like I said many times, there are many ways to FIRE and manage your money. There's no single right answer. Just share what you are doing

trying to sell my holdings to fund my retirement is not for me as I would then have to spend time thinking of how much I can sell each year.... and my investing weakness is that I am terrible at selling shares, so I would end up being cautious and selling only a little bit rather than treating myself to an enjoyable retirement

The draw-down issue is also applicable if you have a 50/50 equity-fixed income mix on retirement. If you sell your fixed income instruments to pay for retirement, it really is 'gone' and will no longer pay you a coupon year after year. If you sell your equities, your fixed income-equity ratio will slowly change.

So for myself, .I will just look at my bank account - all that passive income, its for me to spend. No need to think about having to sell my portfolio and maintain the fixed income-equity ratio.

I haven't thought too much about drawing down process. Given its still 5 to 10 years away. I would have to sell shares given I have invested in accumulating ETF. Will worry about that later

 

[RedsYWNA]

sure, I'm totally ok with those that hold BRK and sell their holdings in order to fund their expenses. Like I said many times, there are many ways to FIRE and manage your money. There's no single right answer. Just share what you are doing

trying to sell my holdings to fund my retirement is not for me as I would then have to spend time thinking of how much I can sell each year.... and my investing weakness is that I am terrible at selling shares, so I would end up being cautious and selling only a little bit rather than treating myself to an enjoyable retirement

The draw-down issue is also applicable if you have a 50/50 equity-fixed income mix on retirement. If you sell your fixed income instruments to pay for retirement, it really is 'gone' and will no longer pay you a coupon year after year. If you sell your equities, your fixed income-equity ratio will slowly change.

So for myself, .I will just look at my bank account - all that passive income, its for me to spend. No need to think about having to sell my portfolio and maintain the fixed income-equity ratio.

Its a complicated topic, but the general theory in retirement is to slowly put more into bonds, and draw-down a 4% portfolio value.

Its similar to the idea of reduced dividend during Covid. Instead of letting say, DBS decide how much dividend I should get during Covid times, i am in charge of my destiny and can decide on, say 4% withdrawal rate of a reduced portfolio during Covid.

I dont need to 看 DBS 脸色 in funding my own retirement plans. DBS just as an example of course.....

Of cos, the theory works better in US than SG, since SG has zero dividend tax and higher transaction cost than US.