Portfolio Review 2021

 (SGD) Portfolio Value and Asset Allocation

 

Top 3 Holdings (SGX)

Top 3 Holdings (Non-SGX)

Performance (SGD)

Dividends (SGD)

Personal Networth Updates and was a "Millionaire".

Old and Lazy Turtle was a "millionaire" until Aug, LOL. What happen exactly?

Basically, my Turtle's backside was itchy, sold my full paid up 4 room HDB and bought a resale 5 room HDB for an upgrade of space from 990sqft to 1200 sqft in the 2nd half of the year. Larger living space, nearer to amenities and walkable distance to the kid's primary school.

No, I didn't want to upgrade my status from HDB to Condo but I prefer to stick to my prudent belief of not getting into a deep debt situation. For the extra 210 sqft, we finally have more space for the kids to run around the house, a proper sofa and a dinning table for at least 6 pax (it was only 4 last time). 

I took a bank loan of 75% and paid 25% of the HDB down-payment using hard cash, one of the key reason why you see a sharp drop of cash networth between Sep and Oct period. 

This time, we are using cash to service the monthly bank loan instead of OA, I will write another post on the rationale of doing so and combine it with my favorite CPF topic.

To be ultra prudent as usual (KS Old Turtle) and in case you wonder, I deducted the liability (sianz, I am in debt again!!) of bank loan (50% split between me and my Turtle wife) from my total networth and I did not add the "resale value" of the HDB property into the calculation. I will probably add the "value" of property only once I finish up the mortgage.

Renovation used up another 50k to 60k of my cash in Nov and Dec period and thanks to "Guanyinma" that my company paid out performance bonus to me in Nov to partially cushion the "impact". Poor Turtle.

In case you wonder again, how come Turtle wife did not share 50% of everything above? Reason being, I am making more from my active and passive income compared to my old Turtle wife, I decided to "ta" cover all these cash expenses so she no need to drain her cash holdings 

(Woman always love to have cash with them as this gives them a sense of security and moreover my dearest wife already sacrificed her "body/health" to give me two baby turtles. A few hundred thousands are incomparable to her sacrifice)

My upgrade in living space is one of the best decision I had made, I did not realized that having an extra 210 sqft and floor level of my current HDB could make me more happy and relax when I look out of my window (I decided to buy the highest floor level this time).

Already in my late 30s, my life philosophy still remained the same as before, live within our means, keep things simple so I get more "options" in life and will not fall into a debt trap and become a job slave.

FYI, Old Turtle will be writing 2 more posts on his investment returns and passive income in 2021, and what are his CPF strategy to secure one more stream of income at retirement.

Happy New Year. Wishing Everyone a Healthy and Safe 2022 ahead.