My Sweet Retirement Top 10 Financial Posts in 2018

We are finally in the last month of the year 2018! When I started MySweetRetirement website, I have never expected to make it so far. Given my busy work schedule, I only have time to do research and analyze stocks at night. Writing personal analysis of stocks allows some form of structured thinking and guidance towards my final decision whether to invest or not to invest in those stocks I found.

At the end of every month, I will review and update my stock portfolio. This allows me to have a quick overview of my investments and not over-allocating my monies into any single stock. In short, I am planning for a well diversified stock portfolio.

I hope you have enjoyed my posts so far. Likewise, I have benefited from your comments as well.

Below are the top ten posts in the year of 2018.

#1 My Personal Analysis of Singtel

My Personal Analysis of Singtel

#2 Why I Switched to DBS Multiplier Account

Why I Switched to DBS Multiplier Account

#3 Goodbye Suntec REIT

Goodbye Suntec REIT

#4 Fixed Deposit Promotions in October 2018

Fixed Deposit Promotions in October 2018

#5 Earn More Interest With DBS Multiplier Account + Singapore Savings Bonds

Earn More Interest With DBS Multiplier Account + Singapore Savings Bonds

#6 CIMB Bank 9th Birthday Fixed Deposit Promotion

CIMB Bank 9th Birthday Fixed Deposit Promotion

#7 My Personal Analysis of Silverlake Axis

My Personal Analysis of Silverlake Axis

#8 September 2018 Singapore Savings Bonds is 2.44%

September 2018 Singapore Savings Bonds is 2.44%

#9 Profit Update After A Month of Mining Ethereum

Profit Update After A Month of Mining Ethereum

#10 What To Invest Now?

What To Invest Now?

January 2019 Singapore Savings Bonds is 2.45%

The effective interest rate for January 2019 Singapore Savings Bonds (GX19010T) is 2.45% if you held it for 10 years. As usual, I shall be allocating a portion of my monthly salary into safe haven. Singapore Savings Bonds acts as a form of emergency fund when the need arises.

If you didn’t know, Singapore Savings Bonds pays out interest every 6 months. Thus, if you have subscribed for January 2019 Singapore Savings Bonds, the next payout will be July 2019 and January 2020 respectively. If you own a DBS Multiplier Account, you can also apply the hack to earn a higher monthly interest from your DBS Multiplier Account. I have completed my matrix below and thus I am expecting to earn a higher interest rate from DBS Multiplier Account every month in the year 2020!

Read my previous post here on how to earn higher interest with your DBS Multiplier Account. Read More

Summary of November 2018 Transactions

November is ending soon and we will be in the last month of the year 2018. There is basically no major changes to my stock portfolio as I have not sold or added new stocks to my portfolio except for the monthly routine of allocating some cash aside for Singapore Savings Bonds. As such, the percentage of Singapore Savings Bonds crept up from the previous 16% to current 17%.

As the festive season gets closer, I am expecting my expenses to crept up this month and next month due to purchase of gifts for friends and my family. I bought a Nintendo Switch during the 11.11 sale which I think is a pretty good deal at S$407 which includes one game.

Now comes to my wife’s stock portfolio. Similarly, her percentage holdings of Singapore Savings Bonds crept up 1% due to monthly routine purchase. She is also performing the DBS Multiplier Account plus Singapore Savings Bonds hack which earns her additional interest every month.

Even though most stocks and REITs in both of our stock portfolio did not achieve stellar results even though the year 2018 is ending, we are telling ourselves to keep calm. We constantly reminded ourselves that our investments are for the longer term and the dividends collected will supersede the losses incurred in the short term. We are dividend investors.

Last but not least, there are some things I need to remind myself of as next month (December) is the last month of the year.

  1. Contribute to my Supplementary Retirement Account for tax rebates.
  2. Set aside cash to top up my CPF Medisave account to the maximum. The Basic Healthcare Sum (BHS) from 1 January 2019 is $57,200 for all CPF members aged 65 years old and below in 2019. This means I have to top up S$2,700 in cash if I wish to hit the maximum allowed in 2019.