My Sweet Retirement Annual Review of 2018

Today is the last day of the year 2018 and tomorrow we are welcoming the year 2019. It is also during this same time whereby I do some self reflection across my investments, work and family.

Personally I felt that the overall stock market this year was a roller coaster ride impacted by the US trade war with China, US government shutdown etc. All these events seems to have send negative reactions across stocks markets. These world wide events has strengthen my believe as a dividend investor whereby the worst case is that you still get paid dividends when the stock price of the company falls due to such negative events.

I have completed the DBS Multiplier Account + Singapore Savings Bonds hack. This means that I will receive higher interest payout from my DBS Multiplier Account starting January 2019.

Work is busier than before and I noticed that I have worked longer hours everyday (from 8am to 7.30pm). My goals and vision seem to be out of alignment with what my boss expects out of me. I have always tried to remind others within my department and take precautions to mitigate project risks, however my good intentions always turn out to be a scolding session by my boss. The lesson learnt? “Keep quiet and just do it no matter the outcome”.

Like many of you out there, I also have my elderly parents and grandparents aging year on year. I seem to have neglected them this year and I should bring them out at least once a month for a stroll or enjoy a good dinner together.

Last, below are the goals that I have earlier set out for 2018 and let me check if I have met all of them.

1. 11K of Passive Income (Not Met)

My total dividends collected this year was $9,789.19. This is an increase of 25% as compared to the total dividends of S$7,350.31 collected in 2017. I am still $1,210.81 away from my goal of achieving 11K worth of passive income from dividends collected.

2. Read (at least) 6 Books (Not Met)

I tried to catch up on my reading but it seems that I rarely visited the library this year as I was busy ferrying my kids for tuition, music and swimming classes over the weekends.

Another reason was that I personally find it tough to find even good books. I am glad that this month I managed to visit the library at least once when I was clearing my annual leave. Found this book that is really simple to read called “Everyday Tidiness – 365 Ways to a Decluttered Life“.

In the month of December, I also discovered a application from National Library Board that allows you to borrow eBooks. This has made borrowing and reading books easier at my convenience.

3. Contribute to SRS Every Month (Met)

I have set out to contribute at least S$500 to my SRS account this year for the purpose of reducing my payable tax next year. I am glad that I have met this goal as I contributed a total of S$6,000 to my SRS account this year. I wish I can contribute more for further tax rebates but I guess that is the maximum amount I can contribute to SRS for now.

Even thought the interests earned from the SRS is petite, I was relieved when MAS announced that we can use the SRS monies to invest in Singapore Savings Bonds next year starting February 2019. (Read more: Purchase Singapore Savings Bonds with SRS in 2019)

4. Jog (at least) twice a week (Met)

Despite my hectic work schedule, I have managed to squeeze out jogging at least twice a week (Usually on Saturday evenings and Monday evenings). I jogged a total of 135.69 KM this year. This averages to 11.30 KM per month.

That is all folks for my 2018. Happy New Year!

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?

My Sweet Retirement Mid Year Checkpoint 2018

Time files as half a year of precious time has gone. This year, the U.S Fed has been raising interest rates, impacting the prices of REITs. On a positive note, there are opportunities as prices of REITs dipped slightly. It is unclear whether REITs can maintain their full year DPU but we shall monitor and see over the next few quarters.

Recently, I received my performance bonus at work. I have expected a lower payout as compared to last year. This is the first year I am on the role of a manager and I am glad I did well but did not exceed the expectations of my company. As a result of lower payout, I need to be cautious in deploying my cash into stock investments. Read More