Portfolio Returns for Dec 2025

I felt it would be good to track the returns of my portfolios regularly since they fluctuate frequently depending on the stock market.

Here are the movements for this month. Crypto is still down, not sure if it can recover to previous highs. 

                             

For the Robo-Advisors, a slight dip in the previous month, and this month it is back up again. This is the 5th positive month for Syfe Reit+ after a long wait.

                                            

Additionally, I think it will be interesting to see the breakdown of my portfolios in percentages (below). 

Market trends from the last 30 days: 

• Fed rate cut by 25 basis points in Dec 2025, bringing down interest rates to 3.5-3.75%
• The last few days have seen a market rout led by concerns over the AI bubble
• It is already 18 Dec, and Christmas rally is yet to be seen

  

Dividends for Nov 2025 - Towards 5k a month

Here are my dividends for Nov 2025:

                                    

So I collected $1,770.25 in dividends for this month. 

 
In case you are wondering, some stocks are repeated because I have 2 brokerage accounts.

Here are my monthly dividends over the last 6 years:

                                 

Here are the dividends I collected every year until the current day:

                          

My total dividends collected from 2019 till now: $119,129.06.

Here is the progress of my average monthly dividends over the years:

                         

I plan to first receive $2500 (achieved), then finally $5000 in dividends every month on average.

By simple projection of the above chart, I will only hit my target of 5k a month in dividends after 2027.

Additionally, I share the interest I received from the various banks for the deposits this month:

                                        

I did a count, all in for this year, I made $7,566.24 from collecting interest alone - this value should go down in 2026 since interest rates are falling.

Also, in this month, I made $56.55 from my side hustle - GrabFood delivery. 

All in, I made $2,294.84 this month from dividends, interest, and food delivery.

Onwards!    

Sold off a chunk of my STI ETF

I sold off a chunk of my BCIP STI ETF back in October 2025.

This is to raise money to pay for my upcoming BTO purchase. 

This post is a record of this.

Bought in 2015-2016.

I have kept them for 10 years. 

Calculation of CAGR and Simple returns.

The CAGR is 4.6%. 

Simple return is 55.20%.

Beat the CPF OA rates, but still can't beat the SP500 returns.

My Monthly Passive Income - Nov 2025

Sharing my passive income for the year 2025:

                                

Yearly and Monthly Passive Income.

Basically, I am collecting $3,707.61.22 in passive income monthly this year, compared to $3,502.22 last year.

This is cumulative sum from stocks, bonds, ETFs, SSB, TBills, fixed deposits, bank deposits, MMF. There is a new addtion this year to the list: Income Funds.  

Here's what it looks like on a chart:

Monthly passive income by year.

The increase for this year is not as large as I hoped; one reason is that the USD to SGD exchange rate fell from 1.34 to 1.30. 

But any increase is good.

Onwards!

 

Portfolio Returns for Nov 2025

I felt it would be good to track the returns of my portfolios regularly since they fluctuate frequently depending on the stock market.

Here are the movements for this month. The biggest drop is in my crypto portfolio. As the saying goes, "what goes up must come down".

                             

For the Robo-Advisors, a downward move across all my portfolios. This is the 4th positive month for Syfe Reit+ after a long wait.

                                            

Additionally, I think it will be interesting to see the breakdown of my portfolios in percentages (below). 

                                  

Market trends from the last 30 days: 

• Gaza war was declared over, and surprisingly I think the general consensus is that it is still over. 
• Increasing talks of an AI bubble, which caused the stock market to pull back. This is even after Nvidia announced blockbuster earnings and 5-year backlogs.
• The defining feature of the last 30 days has been a retreat from all-time highs and a notable sell-off in the technology sector, particularly in the mega-cap AI-related stocks
• Rate Cut Hopes vs. Reality: Market sentiment remains highly sensitive to the Federal Reserve's path. Hopes for a December rate cut have fluctuated significantly. Dovish comments from Fed officials (like New York Fed President Williams) in the last few days of the period helped spark a sharp rebound, but the general technical environment remains cautious.
• The Singapore government, through the Ministry of Trade and Industry (MTI), recently announced a significant upward adjustment to its Gross Domestic Product (GDP) growth forecast for the current year, 2025, from 1.5-2.5% to 4.0%.

 

Dividends for Oct 2025 - Towards 5k a Month

Here are my dividends for Oct 2025:

                                    

So I collected a paltry $693.66 in dividends for this month. 

 
In case you are wondering, some stocks are repeated because I have 2 brokerage accounts.

Here are my monthly dividends over the last 6 years, with Oct typically being the lowest month:

                                 

Here are the dividends I collected every year until the current day:

                          

Already surpassed the yearly dividends from 1 year ago.

Here is the progress of my average monthly dividends over the years:

                         

I plan to first receive $2500 (achieved), then finally $5000 in dividends every month on average.

By simple projection of the above chart, I will only hit my target of 5k a month in dividends after 2027.

Additionally, I share the interest I received from the various banks for the deposits this month:

                                        

Also, in this month, I made $117.87 from my side hustle - GrabFood delivery. I tried to set a target for myself of earning 83.33 a month, so that in a year, I will make 1k from GrabFood. 

All in, I made $1,496.82 this month from dividends, interest, and food delivery.

Onwards!   

  

 

Wrapping up my 29th Month of Financial Independence [FI]

I just finished my 29th month of FI (Financial Independence) in Oct 2025.

Below is what I ate and did for fun, and a record of my expenses.

Eating

Home-cooked meal. Sweet potato is a new addition.
I find it has one of the highest ratios for tastefulness over effort, which I like.

A new kimbap stall opened, and it was good.

Lei Cha in Kulai over the Deepavali long weekend.
Only recently did I learn Kulai is a haven for Hakka food.

Also in Kulai.

Good Times Cafe at Eko Botani, JB.
There is quite a bit of vibe about this place.

Good Time Cafe at Eko Botani, JB.

Sinful cakes to celebrate a birthday.
Suspect it was these cakes that made me gain 1 KG.

Fun

The highlight of this month was going to Malacca during the Deepavali long weekend.

Went to this resort in Malacca.

Enjoyed the nature and the serene surroundings.

Raffles banded langur?

Flowers of the Cannonball tree.

Health

I have started tracking my fitness levels, and below is what I have so far. I used to be able to do at least one muscle-up back in Mar 2025, but after an illness, I lost it. Now trying to get it back 💪. 

Expenses (Discretionary only)

Burst a few budgets this month. I think I may have to revise the budgets for 2026. For one thing, the children are definitely eating more.

 

Eating Out Target: $650

Eating Out Actual: $761.67

Household Target: $600

Household Actual: $396.17

Travel Target: $100

Travel Actual: $170 (petrol for travel to Malacca)

Entertainment Target: $50

Entertainment Actual: $0

Personal Target: $250

Personal Actual: $404.51 (birthday present, made a donation to Gaza relief, went for dental)

Onwards to the next month of FI!