Ever since I started investing in 2014 I never had five losing months in a row, so May marks a new record for my portfolio.
Life updates May
In May I was still stuck, waiting for my offer from the startup. It has now been received. I hired a specialized law firm to check it, as it is 20 pages of legal language which I cannot fully understand despite trying rather hard. The cost for this is just EUR 900 – which I will pay from my company.
Portfolio in May
In May my portfolio increased slightly to SGD 781,357 (~USD 568,400). Investments of SGD 12,633 were offset by paper losses of SGD 9,398. This marks the fifth consecutive month of losses.
Expenses
In May I spent SGD 4,004. Most of it on ridiculous things, for example SGD 950 on eating out. This will have to dramatically change once I quit my cushy corporate job. Total monthly budget including accommodation will then just be SGD 3,800 and I then need to embrace frugal living.
Portfolio allocation
All is on track, maybe a bit light on bonds.
Outlook
Mid-June I will talk to my boss about ending my employment with the current company. Fingers crossed that this topic can finally be closed and I can then ride off into the sunset.