Hello everyone! It's been a month since we updated here. Been busy with our work and prepping for the arrival of our baby! As with our monthly updates, here are what we’ve done in June 2021 with regards to our personal finance. Mr BudgetPosition Added: Matic, SushiTake Profit / Cut Loss. - Mrs BudgetPosition Added: …
Continue reading What Have We Done This Month Towards Our Financial Goals – June 2021
Earlier this week, Mr Budget was relooking into his long term financial goals again. While we had previously set a goal to have S$10,000 monthly passive income by 2033 (45 years old), we will need to relook at the figure again since we have shifted our strategy from dividend investing to growth investing. Previously, assuming …
Continue reading What Does It Take To Hit S$5,000,000 By Age 45
As the year come to a close, its time for us to do our annual reconciliation and look at how we did financially this year, and then chart down some actionables for us for the new year. The new year is just next week! Mr Budget's Net Worth Grew 89% From 2019 For Mr Budget, …
Hi everyone, earlier today, both Mrs Budget and I have made a few transactions and we wanted to share some of them here. First, we redeemed our Singapore Savings Bond which we purchased 2 years ago. When we bought the bonds, we had the intention of keeping it until maturity 10 years later, with an …
Continue reading Why We Redeemed Our SSB and Sold Our DBS Shares
Recently I have been thinking a fair bit about our portfolio structure. There are two types of portfolio: growth portfolio, and dividend portfolio. As the name suggest, growth portfolio consists of high growth stocks but the downside is that, these stocks don't pay out dividends. Dividend portfolio on the other hand, are made up of …
Continue reading What We’ve Learnt This COVID19 – Using US Stocks To Boost Overall Portfolio Gain
So the market dived another 8-10% or so yesterday. Every retail investors is probably mass selling and taking profit off their positions now. There were reports that trading firms are overwhelmed and true enough, when I log into Vickers, I couldn’t even connect to my account. This truly is a once is a decade / …
Recently, Singapore’s Roboadvisor Syfe has just announced the launch of their new real estate portfolio. As the name suggest, with the new Syfe REIT+, you get to invest in a basket of REITs in Singapore. The portfolio also combines Singapore listed REITs and Singapore Government Bonds and rebalances both the composition based on market sentiments. For …
Recently Mr Budget received a comment from a reader (thank you! We love reading them!) commenting on the CPF scheme. Ronald shared his views that I should do a calculation on the CPF Life annuity scheme to see if it is a fair deal before committing so much into CPF, after all CPF contribution is …
One of the questions that I asked myself last time was that, what is the ideal position size for me in order for the fees to make sense. I tried googling this and couldn’t find any answers. This was a concern to me because there are sayings that the fees could kill you and even …
Continue reading What Is The Ideal Stock Amount To Buy For The Brokerage Fees To Make Sense
Mr And Mrs Budget 