BTM Year 2021 in Review
Happy new year!
As we welcome 2022, it is also time to reflect back at Year 2021 and see far we’ve come.
Without further ado.. Here’s mine.
Net Worth Tracker
Net worth is measured by taking total assets (e.g. properties, stocks, cash, etc) minus total liabilities (debts e.g. mortgage, car loans, credit cards amount owing, etc).
Over the last 6 months since my half year review in June 2021, my net worth fell by 35%, mainly because I bought a new home and spent on renovations. The value of the property may be higher once it’s said and done, but at this juncture, I chose to remain the value as my purchased value.
Asset analysis
The distribution of net assets are as follows:
Few things to highlight:
- Properties – The value is still negative as of now (market value – mortgage outstanding), but I kept it as 0 for the distribution analysis (pie chart cannot take in negative value) [Folks read this if you are going to invest in property]
- EPF – This is removed from the analysis as it represents over 50% of my total net worth and will skew the analysis
- Fixed Deposit – This is 0% because I don’t have any FD now. There are much better alternatives in the market such as HISA, Stashaway Simple, Versa, etc…
High Risk
Total Weightage: 70%
Equities (40%): The main factor contributing to the 7% increase in the last 6 months is on US equities, due to injecting new capital for investment and also my portfolio gaining about 11% returns for the year. MY equities remains stagnant and fetched me a total dividend income of about RM1.4k for the year.
Private Retirement Scheme (PRS – 15%): Weightage wise is about the same from 6 months ago (increase of 1%). This high risk growth fund via Affin Hwang has been performing quite well and maintaining a returns of around 35%.
Mutual Funds – Equities (2%): The public mutual fund I have in here is fetching me decent returns and close to 100% returns by the end of 2021.
Equity Crowdfunding (3%): Same investment. No movements here.
Stashaway 30% (2%): Performance on Stashaway generally suffered towards the end of the year ending with about 40% time weighted return. I’m just steadily Dollar Cost Averaging (DCA) into this, as it should be.
MyTheo (1%): A new position that I started in January 2021 and is focused on growth portfolio. DCA with a return of 5% so far. Performing well so far.
Gold (0%): I cashed out of Gold slightly after my mid-year review with 7% returns on my investment.
Cryptocurrencies (7%): Highlight of my asset classes as crypto went ballistic. I only invested a small position in crypt space and, hence, the growth is quite an eye opener. It shifted my weightage from 3% 6 months ago, to 7% at year end. Congratulations to all crypto investors and HODL-ers.
Low Risk
Total weightage: 12%
Amanah Saham Nasional Berhad – ASNB (6%): Dividends were paid out like clockwork on all 3 funds this year, which is 4% for all fixed price funds. No additional investment was seized in the last 6 months.
Mutual Funds – Bonds (4%): More or less the same, but showing signs of recovery.
Stashaway 10% (2%): Same as the bond mutual fund.
Others
Total weightage: 17%
Vehicles (12%): Refers to the 1 car I own. The car loan decreased (and hence net value increased) as I paid down the amount monthly and should end in 4 months. Freedom is near!
Cash at bank (5%): Biggest drop in my entire asset classes (21% to 5%) as I took my emergency funds for the payment of my new property, renovation works and furnishing – as expected from my review 6 months ago.
Asset Class Growth
All in all
The drop in net worth, whilst it looks like an alarming number, is expected and may be a misleading number at this juncture. This year will continue to show similar traits as I continue putting money into the new home and other family related matters.
Overall, asset value increased and hopefully with the increment and bonus incoming, it would hasten the wealth growth in 2022.
Remember to do a review of your own and see if there’s anything that needs updating!
