Long Term Financial Goal Progress for November 2020

Financial Goal Progress November 2020

Long Term Financial Goal Progress for November 2020

Above is the progress of me reaching my targeted financial goal for November 2020. As you can see from the chart, the total value of my financial assets have grown by a 1.21% from October.

The primary reason for the growth is the increased total value of my stock portfolio due to the recovery of the stock markets. As mentioned previously, Joe Biden was elected as the president of the United States whereby the stock market reacted positively to this.

The reason? My opinion is that countries are hopeful Joe is one that will partner with other countries in terms of trade deals and environmental issues instead of attacking them. The economy of smaller countries will definitely improve with trade deals in place with super powers like America and China.

To make progress, we must stop treating our opponents as our enemy. We are not enemies. We are Americans. – Joe Biden

The other reason was due to the news of COVID-19 vaccine having positive clinical trial results with effectiveness of 95%. The pandemic could be over soon with vaccine available worldwide. Stock market reacted positively to the news.

Again, you might be wondering what financial assets am I tracking above? They are the total value of

  • Insurance savings (NTUC RevoSave, Singlife, Dash EasyEarn)
  • Savings accounts (POSB, OCBC, CIMB)
  • Singapore Savings Bonds
  • Current value of my stocks
  • Forex
  • Supplementary Retirement Scheme

Singapore Savings Bonds

In November, I have collected the following interest payout from the Singapore Savings Bonds I have bought every month over the years.

  • November 2018 (GX18110Z)
  • May 2018 (GX18050E)
  • May 2019 (GX19050A)
  • November 2019 (GX19110F)


I have also collected the dividend payout from CapitaLand Integrated Commercial Trust and SPH REIT.


My forex investment is also doing well with monthly ROI of above 7%. Forex is very volatile. You can win or lose a lot. Thus, I shall refrain from allocating too much cash for Forex.

Forex ROI November 2020


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