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!

Book Review: Everyday Tidiness – 365 Ways to a Decluttered Life

As the year 2018 comes to an end and we are welcoming the year 2019, I started to think about what I want to do in 2019. Recently, I came across this book at the National Library. The title is “Everyday Tidiness – 365 Ways to a Decluttered Life“. It is a simple book that provides a tidying tip, a decluttering exercise or inspirational quote for every day of the year.

I am halfway reading the book and one of the thing I have done immediately is to throw away or recycle some things that is taking up space in my home. I have thrown away empty boxes, donated books to the national library book exchange corner which I have not touched for years and cleared away expired foodstuff that is taking up space in my fridge.

In the upcoming 2019, I will constantly remind myself to buy only necessary stuff and not splurge on unnecessary items just because the item is on sale or cheap as these items usually take up space in my home. The same theory can also be applied to stocks. I should not buy stocks on impulse and follow a discipline approach.

I shall make “Living a Decluttered Life” one of my goals in 2019.

When you live surrounded by clutter, it is impossible to have clarity about what you are doing in your life. – Karen Kingston

My Sweet Retirement Wishes You A Merry Christmas

Today is Christmas Eve and I believe most of us are taking a break from work to celebrate and enjoy this moment with our families and loved ones.

Since I started My Sweet Retirement in the year 2015, this is the 4th Christmas that I am celebrating with you all as readers of my personal blog or website. I hope all of you have gained something from my personal analysis of stocks or learnt from the mistakes that I have made in my investments and not repeat my footsteps.

Some of you have left encouraging comments which has inspired me to continue learning on stock analysis and share my learning journey. I will like to take this opportunity to thank all of you all for that.

May your Christmas sparkle with moments of love, laughter and goodwill, And may the year ahead be full of contentment and joy.

– My Sweet Retirement