My Sweet Retirement Mid Year Checkpoint 2016


Time flies and it is already the month of June 2016. Last year December, I did some personal goal settings (My Sweet Retirement Annual Review of 2015). Let me review the status achieved so far.

Achieve 10K of Passive Income

As of June, I collected an estimated total of S$4350 dividends. 10K of passive income still seems a far fetch for me. Most companies cut their dividend payout and Distribution Per Unit (“DPU”) for most REITs fell.

New Business Venture

No brilliant ideas yet. Readers, any idea?


Taipei trip guarantee plus chop! Due to bad economy, tourists are cutting their spending and travel. My Sweet Retirement is no exception! I will be flying off to Taipei for a holiday mid of June. Probably may reduce my target of 4 oversea trips to just 2.

Better Health

A total of 51.7 kilometers ran so far. It is difficult to find time to exercise especially during week days. This year has been busier for me and I have been clocking more overtime than last year. Companies have been encouraging productivity at work. Is reducing staff headcount a form of increasing productivity? Do more with less people?

My Sweet Retirement Annual Review of 2015

Ending 2015 with a Smile

The year 2015 is ending and we are soon welcoming 2016. I came across this interesting post (The 2015 Cheerfulegg Annual Review) and decided to do one similar. It is a quick and simple way of reflecting how I spent the year 2015. The original idea came from Chris Guillebeau on his blog post (How to Conduct Your Own Annual Review).

  • What went well
  • What did not go well
  • Planning for next year

What went well

A Job Promotion

Yes! I got promoted in my job this year. More responsibilities for me ahead.

Bird Shit Bird

Took an Investment Course

I was aggressively learning about stock investing this year. I paid and signed up for a 1 day investment course that teaches me all about investing for consistent and sustainable dividend. Many methodologies out there but oh yeah, I feel that this suits me.

Birth of My Sweet


It has always been my dream to start my own website but I did not what to write about. After reading The Bf Gf Money Blog, I hesitated no more and purchased my web hosting and domain the day after. I decided to join the league of Financial Bloggers.

Four Vacations in 2015

Not so bad! In 2015 alone, I visited Bangkok, China, Hong Kong and recently had a staycation at Sentosa.

What did not go well

Failed Business Venture

Ended my joint venture with wife that sells children clothes. Many tried but failed and we are one of them. We did break even our initial investments within 6 months but it is all about the sustainability. Too much of our own labour is required to do stock ordering, stock taking and hunting for quality suppliers. Just felt it was not worth the effort spent. We have bigger dreams.

End of the Bull Run

With the China Yuan devaluation, falling oil prices and Fed rate hike, the year 2015 is a year of turbulence. My stock portfolio suffered but not too bad. There is a mixture of gains and losses. I have sold off stocks I bought due to speculation and stick decision to buy or sell after doing my personal analysis. No more buying or selling based on emotions, gut feel or broker’s tips.


I failed to take care of my health resulting myself being hospitalized in June this year. The total bill came to be a hefty amount more than 10 thousand dollars. Luckily, I have bought the rider on top of the basic medishield plan which covers most of the costs.

Planning for next year

Achieve 10K of Passive Income

Gradually move from a value investor into an income investor. I will be less focus on value stocks and more aggressive into dividend stocks.

New Business Venture

Many ideas in my head but executed none of them. I have been reading lot of books about entrepreneurship. Yes, reading helps. Love this book How 25 Good Ideas Became Great Companies.


At least 4 vacations. Taipei trip booked! Hmm, considering Tokyo, Bangkok and another stay cation.

Better Health

To start exercising again by running at least 2 times a week. I stopped exercising for 6 months since my hospitalization. Health is Wealth!

Last but not least, I wish all readers and fellow financial bloggers a Happy New Year in 2016!