My Sweet Retirement Mid Year Checkpoint 2017



Time flies and it is time for Mid year review again on the goals that I have set for the year 2017.

1. Achieve 15K of Passive Income

I think I am over optimistic on this. Last year, I received a total of S$10,132.04 of dividend income for the year of 2016. I have since divested M1, Sheng Siong, Cambridge Industrial Trust, NeraTel and Far East Hospitality Trust and only bought Capitaland Mall Trust in 2017.

Recently, I bought Tai Sin Electric but added to my wife’s stock portfolio instead thus I shall not count it as part of my dividend income.

Sell Transactions

Goodbye M1

Goodbye Cambridge Industrial Trust

NeraTel – An Abandoned Child

Far East Hospitality Trust Undervalued or Value Trap?

Buy Transactions

My Personal Analysis of Capitaland Mall Trust

2. Travel to at least 2 countries

I took a short break to Batam (Indonesia) this year. Thus, I have partially met this goal of travelling to at least 2 countries.

3. Drive to Work

I  got my new ride! I met the goal of driving to work. Some may think I am wasting unnecessary money by driving to work but do you know I travel 1.5 hours to work daily to and fro? By driving to work, I only spend 30 minutes. Monthly season parking at company cost $120. I estimated monthly petrol cost to be around $200 which is bearable. Monthly car loan installment works out to be roughly S$1000.

Thus, the cost of driving to work is S$1,320 monthly for me. Ouch.

4. Buy Gold

Gold price dropped slightly and bounced back up again. I am not buying gold for investment but just a personal dream to own at least a piece of gold bar in my lifetime. Who doesn’t love gold?


  1. Haha… Gold bar, the only time I held one in my hands was the visit to a retired gold mine in Australia. Even if we get to own a physical gold bar, how liquid is it?

  2. Would you share more about your thought process on buying the car? How about alternatives like motorcycle? Car share? Car pool? Grab?

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