Above is the progress of me reaching my targeted financial goals for November 2021. The total value of my financial assets have increased from 61.40% to 62.07%. The growth is 0.67%.
What does my financial assets comprise of? The total value of my financial assets comprised of the following:
- Insurance savings (NTUC RevoSave, Singlife, Dash EasyEarn, Dash PET)
- Savings accounts (POSB, OCBC, CIMB)
- Singapore Savings Bonds
- Current value of my stocks
- Auto Investing (Syfe)
- Forex
- Supplementary Retirement Scheme
Insurance Savings
Singlife, DashEasyEarn and Dash PET. I believe you already heard of these accounts whereby they are alternative to traditional savings accounts.
Since the launch of these accounts, I have not seen new player with similar concept. 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 November , I have collected the following interest payout from the Singapore Savings Bonds that I have bought every month over the years.
- November 2019 (GX19110F)
- May 2019 (GX19050A)
- November 2018 (GX18110Z)
- May 2018 (GX18050E)
The effective interest rate of this month’s issue of Singapore Savings Bond (SBDEC21) is giving 1.71% 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.
Taking opportunity of the weakness in share price, I increased my position with Delfi Limited and US Manulife REIT. With the purchase, Delfi Limited and US Manulife REIT makes up 2.17% and 5.98% of my stock portfolio.
Auto Investing with Syfe
In May 2021, I started the Core Growth portfolio with Syfe. As of today, Syfe has provided me a time weighted return of 4.92%.
Dividends
This month, I received the dividend payout from SPH REIT.
Forex
In November, the Return On Investment (“ROI”) was 31.81%.
Summary of Financial Goals Progress November 2021
At the point of writing, you may have heard of the new COVID-19 variant called “Omicron”. It is unknown yet whether Singapore will take a few steps back towards relaxing the COVID-19 measures. Such sudden news often disturb the stock market and you can keep a look out for opportunities if you are looking for specific stock to buy into at a good price.
To tackle the Delta variant, many strict measures such as limiting the dinning to two persons have hit many food and beverages restaurants hard. In fact, many could not weather the storm and had to close.
Last week, I visited Orchard Road. Malls are not congested with shoppers as before the COVID-19 pandemic. I guess the DPU for Retail REITs will continue to be depressed.
As travel resumes and Singapore Malaysia border reopens, this can give the travel industry and over local economy some light. Let us hope the “Omicron” variant does not cause us to fall backwards.