It has been a frustrating 1 year (for the period from Aug 2015 to End Jul 2016) for me on the financial front.

I saw our household networth kissing $6m a few times only to fall again in tandem with the STI. It all started in Aug 2015 where the STI collapse over 100 points in a single day. It rebounded strongly in Sep only to fall again in Oct and then up a little towards the end of the year.

2016 started off badly with the STI slicing off a few hundred points. If you recall, the STI was above 3500 points in early 2015 and it's now only 2868. We saw our stocks holding losing about $200k+ in value over this 1 year period.

It's times like this that we are reminded of how lucky and important that we are still working and thus able to make our networth grow albeit at a slower pace.

On the passive income front, it seems that we may still achieve last calendar year's performance of $130k by the end of this year. But when you see your investment value declined more than your passive income, it does take a lot of the joy away even though the loss is paper loss.

The world economy is still uncertain and oil prices are still depressed, so we are not too hopeful that the stock prices will recover anytime soon. Instead of solidly crossing the $6m networth target with a clear margin this Jul, we are now looking at this happening only at the end of this year, or not! Depending on whether the STI holds up or fall further.