Update to CPF Basic Healthcare Sum (BHS) Projection for 2024

Refer to the list of acronyms on CPF in the following blog post:
https://pwlcm.wordpress.com/2022/01/06/acronym-cpf/

I am a CPF Volunteer. If you find this blog post providing useful information about CPF matters and it leads you to using CPF online services, you may fill in my full name “Tan Choong Hwee” in the “Referrer Name” field in some selected CPF online services.

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Today (6 December 2023) CPF Board announced that the Basic Healthcare Sum (BHS) for 2024 is $71,500:
https://www.cpf.gov.sg/member/infohub/news/news-releases/cpf-interest-rates-from-1-january-2024-to-31-march-2024-and-basic-healthcare-sum-for-2024

The announced 2024 BHS amount is $500 more than what I had projected in my blog post:
https://pwlcm.wordpress.com/2022/11/29/update-to-cpf-basic-healthcare-sum-bhs-2023/

The increase of BHS amount from $68,500 in 2023 to $71,500 in 2024 represents a +4.38% increase. So I have revised the annual % increase of BHS to be rounded to 4.5% and the nearest multiples of $500.

With that change, the BHS projection is revised to the following table:

Robo War Experiment (RWE) Update – November 2023

This is a performance update to my Robo War Experiment (RWE) posted here:
https://pwlcm.wordpress.com/2023/11/11/robo-war-experiment-rwe-update-october-2023/

Disclaimer: This post is just for educational sharing purposes. Please do your own due diligence on any products mentioned in this post.

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Performance Update

Here is the November 2023 Performance Update:

November 2023 saw a strong rebound of all 5 robo advisor portfolios and 3 benchmark indices. Endowus portfolio retained its top performer position in monthly return, YTD return and XIRR since inception among the robo advisors, but still lost out to the indices.

Key Observations

1. All 5 robo advisors and 3 benchmark indices showed strong rebound in November 2023.
2. Endowus portfolio remained the top performer in monthly return, YTD return and XIRR since inception among robo advisors.
3. The other 4 robo advisor portfolios still stayed in negative territory for XIRR since inception.

Referral Links

Endowus: https://endowus.com/invite?code=J6YV3
Syfe: https://www.syfe.com/invite/wealth/SRPTRJTFQ
StashAway: https://www.stashaway.sg/referrals/choonght43
MoneyOwl: https://moneyowl.com.sg/app/accounts/sign-up?referral_code=5FZY-58AG
SquirrelSave: https://app.squirrelsave.com.sg/Start/Referralcode?referralid=2996

Crypto Investment Update – November 2023

This is a performance update to my crypto portfolio posted here:
https://pwlcm.wordpress.com/2023/11/01/crypto-investment-update-october-2023/

Disclaimer: This post is just for educational sharing purposes. Please do your own due diligence on any products mentioned in this post.

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LUNA 2.0 Airdrop Update – November 2023

I receive the LUNA 2.0 airdrop on 9 November 2023, following Tokenize Exchange established airdrop date on the 9th of each month.

Performance Update

Here are the charts of the 4 crypto coins in my portfolio as of end November 2023:

In November 2023, BTC continued the upwards movement towards the next resistance level at 42000, ETH broke above the resistance-turned-support level at 1800 and marching midway towards the next resistance level at 2400, SOL also marching towards the next resistance level at 80.

The Ichimoku Clouds for the 3 cryptos has thicken on the far right, signifying a strong support for further upside.

Here is the performance update as of 30 November 2023:

My crypto portfolio performance has further improved in November 2023. Overall Return % since inception has turned positive, XIRR has improved to 8.01%, and overall allocation also improved closer to 5%.

Referral Links

Tokenize Exchange:
https://tokenize.exchange/topic/invited/?invite_code=Vn58M