- Stocks: SGD$230k (market value on 23 Jan 2013)
- Insurance-Linked Product: SGD$50k lump sum (maturing in July 2014)
- Gold: SGD$6k (Bullion gold coins)
- Emergency cash savings: SGD$6k (fixed deposit)
Total Net Worth: SGD$292k
As shown above, most of my net worth is in my Singapore dividend portfolio. Currently, it is generating around SGD$1k per month on average. My portfolio consists mainly telcos and REITs.
I have an ILP maturing next year. NTUC Income told me that I should be getting around a 6% return ($3k) on my principal sum of $50k, capital guaranteed. But I am not the type of guy that counts his chicks before they are hatched. My regular readers will remember me talking about my "Armageddon Fund" some time back. It is basically a fund that I will utilise to pounce on opportunities or do some averaging down during a market crash. I know it is not a huge sum of money, but this $50k will definitely come in handy during uncertain times. ^^
I possess 3 bullion gold coins. A Canadian Maple Leaf, an Australian Kangaroo and a China Panda. I bought these coins because I want to own some physical, hard assets as insurance. The coins look absolutely beautiful too!
Lastly, the number one advise I usually give newbies is to have an emergency fund saved up before venturing into any kinds of investments. For me, I have saved up 6 months' worth of expenses in a fixed deposit. It might be earning pathetic interests but it gives me peace of mind, knowing that I have something to fall back on.
I will not include CPF into my net worth. Personally for me, I treat CPF as a bonus. I am not depending on it for my retirement for sure.