January is already over and despite booking an expensive trip to China for Chinese New Year I have managed to stick to my investment plan and blow past my target for January. Read on for more details.
The year ended and while it did not go exactly according to plan my portfolio still increased by quite a bit over the year. I learned a lot about investing and restructured my portfolio to a proper allocation in 2014. Read on to find out how exactly I fared in 2014!
November: my least favorite month. I have no idea why, but nothing exciting ever happens in November. The old year slowly gets wrapped up in the office as the Christmas holidays are coming nearer, most interesting projects are finished and people are starting to relax a little. At least we are spared Europe’s terrible November weather here in Singapore and I am grateful for not having to wait for a tram in the icy snow rain in some European city.
I digress. Back to the topic of this post: November portfolio performance.
What happened? October just flew past in high speed. A trip to Europe for holiday and visiting friends and family and some work travelling and stress in the office made for a very interesting and fast paced month.
Unfortunately I lost around SGD 420 by missing a flight. I took 39 flights so far this year and was never late for any of them, until I read my itinerary wrong and reached the airport after the plane had departed.
September turned out to be a tough month for my little portfolio. The errors of my stock picking past as well as a sinking China market lowered the value of my portfolio quite a bit.
August was a very happening month for me. Unfortunately the “no-travel August” I was looking forward to in my last monthly update in July did not materialize and I am typing this on a minibus speeding through the Thai countryside. There could be worse business trips though, so I won’t complain. Once again I was proven to be horrible at picking stocks, but came a lot closer to my target allocation.
Some days I feel I should rather write a travel blog: In July I spent 23 days spent on the road, 19 of which in China for business and 4 for a short diving holiday in Bali. While diving with Manta rays in Bali is a priceless experience I also realize that I have been spending way too much for travelling and am looking forward to a no-travel August back home in Singapore.
What a crazy month June was. While I had quite a lot of fun this month, including travels to Cambodia and Bali for Holiday financially speaking it was a very turbulent month. All flights, entertainment and exploring were expensive and on top I had to pay a rather big (by Singaporean standards) tax bill. As expected this month I could not add much money to my portfolio as I decided to pay the tax in a big lump sum instead of going for the zero interest installment payment plan offered to the government. While I know installments are better financially speaking I opted for the psychologically satisfying option of paying everything at once and getting it over with.