There were some adjustments as I moved to a higher-paying job.
3.39 years till FI!
FIRE (financial independence, retire early) on!
Sunday, January 28, 2018
Retirement Calculator Snapshot - Jan 2018
I did a re-calculation of my retirement calculator:
There were some adjustments as I moved to a higher-paying job.
3.39 years till FI!
FIRE (financial independence, retire early) on!
There were some adjustments as I moved to a higher-paying job.
3.39 years till FI!
FIRE (financial independence, retire early) on!
Saturday, December 30, 2017
Financial Snapshot - Dec 2017
This is a snapshot of my finances at end of 2017.
Naturally, I do not want to disclose too much details or my net worth, amount I have in banks etc. so I will just share the following:
Not included in the above are bank savings, insurance policies, CPF, SRS etc. The above are just the amount of stocks and cash in my 2 stock brokerage accounts, the stocks in my BCIP and SRS account, and the bonds I am holding at the moment.
Naturally, I do not want to disclose too much details or my net worth, amount I have in banks etc. so I will just share the following:
| Year ending | Stocks | Bonds | Cash for investment | Net cash input |
|---|---|---|---|---|
| 2015 | 52451.71 | 20872 | 8335.63 | 0 |
| 2016 | 105461.92 | 20905 | 5839.25 | 25900 |
| 2017 | 189466.76 | 25502.18 | 1994.31 | 34823.9 |
Not included in the above are bank savings, insurance policies, CPF, SRS etc. The above are just the amount of stocks and cash in my 2 stock brokerage accounts, the stocks in my BCIP and SRS account, and the bonds I am holding at the moment.
Sunday, September 24, 2017
Retirement Calculator Snapshot - Sep 2017
Updated my retirement calculator. Below 'Years till FI' shows the number of years it will take till I reach financial independence. This is based on the retirement calculator from Mad Fientist.
"Inflation-adjusted growth rate": Assume STI returns around 8%, with inflation around 4%, inflation-adjusted growth rate will be 4%.
It should be noted that the "Starting Balance" does not include property. In the Singapore context, I think it is difficult for housing to grow at 4% per year, especially since I bought a resale flat. Even if you rent out a room, and get say 600 for 1 room, that will be 600*12=7200 per year which is 1.8% per year only!
6 more years till FI!
"Inflation-adjusted growth rate": Assume STI returns around 8%, with inflation around 4%, inflation-adjusted growth rate will be 4%.
It should be noted that the "Starting Balance" does not include property. In the Singapore context, I think it is difficult for housing to grow at 4% per year, especially since I bought a resale flat. Even if you rent out a room, and get say 600 for 1 room, that will be 600*12=7200 per year which is 1.8% per year only!
6 more years till FI!
Saturday, June 24, 2017
Portfolio Allocation - Jun 2017
I have been reading "A random walk down wall street", and it is recommended that portfolio be as such for late thirties to early forties:
Stocks 65%(1/2 US, 1/4 developed international markets, 1/4 emerging international markets), Bonds 20%, Real estate 10% (REITs), Cash 5%
I decided to tweak this a bit to suit my taste:
Stocks + REITs 75%(3/6 or 36% Singapore, 1/6 or 13% US, 1/6 or 13% developed international markets, 1/6 or 13% emerging international markets), Bonds 20%, Cash 5%
Here's what I have so far:
Overweight on Stocks + REITs - Singapore, and too much cash.
Will slowly tune this, and update every year in June.
Stocks 65%(1/2 US, 1/4 developed international markets, 1/4 emerging international markets), Bonds 20%, Real estate 10% (REITs), Cash 5%
I decided to tweak this a bit to suit my taste:
Stocks + REITs 75%(3/6 or 36% Singapore, 1/6 or 13% US, 1/6 or 13% developed international markets, 1/6 or 13% emerging international markets), Bonds 20%, Cash 5%
Here's what I have so far:
| Year | Stocks + REITs - Singapore | Stocks + REITs - US | Stocks + REITs - Developed | Stocks + REITs - Emerging | Bonds | Cash |
|---|---|---|---|---|---|---|
| 2017 | 43% | 3.23% | 1.56% | 1.54% | 7.6% | 42% |
Overweight on Stocks + REITs - Singapore, and too much cash.
Will slowly tune this, and update every year in June.
Saturday, March 25, 2017
Retirement Calculator Snapshot
Decided to do an annual snapshot of my retirement calculator. Below 'Years till FI' shows the number of years it will take till I reach financial independence. This is based on the retirement calculator from Mad Fientist. Will update end of Jan every year.
Wednesday, January 11, 2017
Breakeven without dividends!
Today I finally breakeven even without dividends! Meaning if I sold all my stocks today, and even if I collected 0 dividends from all my stocks over all these years, I would have made $529!
Friday, December 30, 2016
Financial Snapshot - 2016
This is a snapshot of my finances at end of 2016.
Naturally, I do not want to disclose too much details or my net worth, amount I have in banks etc. so I will just share the following:
Not included in the above are bank savings, insurance policies, CPF, SRS etc. The above are just the amount of stocks and cash in my 2 stock brokerage accounts, the stocks in my BCIP and SRS account, and the bonds I am holding at the moment.
Naturally, I do not want to disclose too much details or my net worth, amount I have in banks etc. so I will just share the following:
| Year ending | Stocks | Bonds | Cash for investment | Net cash input |
|---|---|---|---|---|
| 2015 | 52451.71 | 20872 | 8335.63 | 0 |
| 2016 | 105461.92 | 20905 | 5839.25 | 25900 |
Not included in the above are bank savings, insurance policies, CPF, SRS etc. The above are just the amount of stocks and cash in my 2 stock brokerage accounts, the stocks in my BCIP and SRS account, and the bonds I am holding at the moment.
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