Hi everyone - appreciate for some guidance!
**Quick background:**
34F Singapore PR in tech, \~SG$17K gross monthly (incl CPF). Own a residential property (tenanted, rent covers mortgage, now \~SG$2.2M value).
**Lifestyle and spending**: not married, have a long term partner, planning to have kids in the future, no car. I do travel a lot, enjoy nice things and good food. I'm comfortable - but also I'm careful with money. I cook mostly and rarely eat out, and I mostly take public transport. Monthly salary wise I save about 30%.
**Current portfolio (\~SG$162K in Saxo):**
* VOO (45%)
* Lion-Phillip S-REIT (17%)
* iShares Defense ETF (13%)
* SPDR STI ETF (8%)
* TLT/ABF bonds (15%, winding down)
**Other assets:** SG$220K in RSUs, ESPP (15% salary monthly at 20% discount), SG$30K Stashaway (emergency), low CPF (maxing OA for mortgage and new PR status), SG$10K old stock, SG$65K pledge freeing on remortgage.
**Situation:** Remortgaging my property from 2.75% to 1.6% fixed (3yrs)—mortgage drops, freeing cash. Bank can loan me additional SG$300K (+SG$400/mth mortgage, doable). I now have about \~SG$600K liquid asset investable.
Now, here is what I’m thinking : I do want some extra cash that I can spend monthly, but also plan for long term wealth growth.
I thought about UK property (but high tax/hassle) and SG commercial (but equities perform better).
**Here's what I'm thinking about how to reposition my investment portfolio:**
* VOO: SG$250K (growth)
* Lion-Phillip S-REIT: SG$150K (SG income)
* Endowus Higher Income: SG$150K (monthly payout)
* Stashaway Simple+: SG$50K (buffer)
**Projection numbers:**
* Net monthly income year 1: \~SG$1,145 (post-fees, 30% US tax, borrow cost). So this is VOO at about SG$2,363/yr, Lion-Philip S REIT at SG$6900/yr, Endowus higher income at SG$7433/yr, and Stashaway simple plus at SG$1850 yr
* Year 1 portfolio grow to SG$630000
* Net monthly income year 2: \~SG$1,288
* Year 2 portfolio grow to SG$694K
* Net monthly income year 20: \~SG$2510
* Year 20 portfolio grow to SG$1.58M
**Questions:**
- I’ve never remortgaged and leveraged the extra cash for investment before. I feel a bit nervous. Is this logical and sensible? Am I missing anything that I should be aware of?
- Has anyone had experience with Endowus Higher Income portfolio for regular income? Wondering if anyone has real-world experience with actual payouts.
- Any Singapore investors here who’ve navigated overseas property (UK or US) as an investment asset? Trying to understand if it’s worth the complexity vs just staying in financial assets.
- Should I get into SRS? Seems like people have mixed feelings about this