April was a crazy month and I invested a total of SGD 45,189. Why did I invest so much more than usual? What happened?
Getting out of my European fund based savings plan
Sadly I did not receive any windfall. All I did is divest my existing European fund based savings plan. They charged me exorbitant fees (front load 3-4%) and it was time to quit this nonsense and take charge of my own funds again.
I received SGD 34,530 which I decided to reinvest into my portfolio.
Portfolio performance
The value of my portfolio increased by 57.6% or SGD 46,642 to SGD 127,551. With this boost my portfolio finally passed six digits. The more experienced bloggers would probably chuckle about this achievement, but for me it was quite a big deal.
April’s gain was made up of capital gains of SGD 1,255, fresh investments of SGD 10,857 and re-investment of my European fund based savings plan of SGD 34,530.
Bonus time
As usual I received a nice bonus this year. A large part of it goes to my taxes and yearly insurance payments (being a hypochondriac sure ain’t cheap!) but the rest made it straight into my investment account.
Again I restrained myself from buying that 60 inch TV with surround sound system which I would really like to have, but would just tempt me to waste time and money on unproductive activities.
Investments year-to-date versus plan
I am coasting along and am currently SGD 1,524 ahead of my plan.
Dividends received
April is not the biggest dividend month in my little portfolio, but I still received SGD 68 in dividends which I reinvested of course.
Portfolio allocation
Just nice, pretty much perfectly on target.
Outlook
Am about to go on another vacation, but will activity low-cost-living mode afterwards again to stay on track. Feeling quite good about the progress so far.