Financial Goals Progress December 2021

Long Term Financial Goal Progress for December 2021

Above is the progress of me reaching my targeted financial goals for December 2021. The total value of my financial assets have increased from 62.07% to 62.47%. The growth is 0.40%.

Despite receiving my 13th month bonus this month, the growth was offset by an increase in expenses such as purchasing a new phone for my son, a laptop for my girl, car park season parking, change my car tyres and of course celebrations due to the festive season.

What does my financial assets comprise of? The total value of my financial assets comprised of the following:

Insurance Savings

There is nothing much to update for Singlife, DashEasyEarn and Dash PET. I believe you already heard of these accounts whereby they are alternative to traditional savings accounts.

You just deposit money and watch them grow effortlessly. I have reached the maximum allowed amount of S$20,000 in Dash EasyEarn which is giving me a return of 1.2% per annum.

Dash PET is also giving me 1.70% p.a. for the first S$10,000. The crediting rate for any amount above S$10,000 is 1.20%.

Singlife return is lower at 1% p.a. for the first S$10,000.

Singapore Savings Bonds

There is no Wow factor with Singapore Savings Bonds as I collect my monthly “kopi” money.

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

  • June 2019 (GX19060S)
  • December 2018 (GX18120X)
  • June 2018 (GX18060H)

The effective interest rate of this month’s issue of Singapore Savings Bond (SBJAN22) is giving 1.78% per annum. Readers who wanted safe haven or place for emergency funds should consider.

My Stock Portfolio

I use Stocks Café to keep track of the total value worth of my stocks. I did not make any buy or sell transactions this month.

My Stock Portfolio November 2021

Auto Investing with Syfe

This month, I topped up my Syfe account. To be honest, this is the second time I did a top up since I open my account in May.

As of today, Syfe has provided me a time weighted return of 5.17%.

Dividends

This month, I received the dividend payout from Parkway Life REIT and Frasers Logistics and Commercial Trust.

Forex

In December, the Return On Investment (“ROI”) was 32.54%.

Forex ROI December 2021

Summary of Financial Goals Progress December 2021

This is the last month of the year 2021. The total value of my financial assets grew from 50.73% at the start of the year to 62.47% at the end of the year.

This is an annual growth of 11.74% which I believe should have beaten inflation.

How much did your net worth or financial assets grow this year?

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