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Old 29-03-2019, 07:42 AM
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Default 9 years ago

Hard to believe that the first post in this forum was written on 26 Jan 2010, a good 9 years ago.

In fact, TS was Avatar (age 35) who wanted to see where he stood in terms of his networth. At that time his networth was $370k after working over 10 years in the IT sector. Today Avatar should be 44 yo. We wonder whats his networth now.

Besides knowing our networth at a specific point in time, it would also be interesting to see how it grows or decline over time.

For myself, 9 years ago, in 2010, our household networth was just recovering from the GFC. The 2008/9 GFC wiped out almost 45% off the value of our investment (paper losses) in stocks & property. Our networth in 2010 was around $3.3M. Today, 9 years later, our networth has grown to above $7M.

The big question now is when will the next economic crisis strike (people are nervous about yield inversion happening now). In the past, yield inversions have led to big recession.

If and when it happens, how much will it affect our household networth? Especially now that it is higher and we have much of that invested.

As a precaution, we have "kept" substantial amount of money in our CPF earning above $80k in combined interests last year.
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