In May I finally restarted with my investment program after two hectic months and am now firmly back on track to financial independence.
In May my portfolio increased by SGD 9,922 or 5.2% to SGD 199,789 (=USD 144,627). This gain was made up of capital gains of SGD 3,930 and SGD 5,992 of fresh investments.
Investment vs. Plan
I invested SGD 5,992 which is slightly higher than the updated plan.
This time I chose to buy some more bonds as stocks seemed pricy and I still had room in my asset allocation. Current yields of around 4.3% for the iShares J.P. Morgan USD Asia Credit Bond Index feel attractive.
All is nicely on track. Maybe I will try to bolster the bond part of the portfolio in coming months.
May was one of those sad “no dividend” months.
I feel quite confident in the plan and am quite motivated to work towards escaping full time work in a few years.