July was another happening month, how did my investments perform?
Spending and saving rate
In July I saved an ok 67% of my income, just like in June. Unfortunately, I spent SGD 6,190. 20% of this amount was spent on gifts for parents’ birthdays etc. Generally speaking, an expensive month…
Portfolio development
In July my portfolio increased from SGD 790,044 to SGD 791,550 (USD 581,900). Fresh investments of SGD 10,675 were offset by paper losses of SGD 9,169.
Asset allocation
All on track.
Dividends received
My holdings paid out SGD 1,922 of tax free dividends.
When can I retire?
A lot more effort to reduce expenses is needed.
Outlook
August is nearly too exciting at this moment… Consulting gig, normal job and volunteering at the same time means that I have absolutely no time to do anything else. I asked for a six month sabbatical while waiting for my new job in Singapore to begin. Boss was supportive and the sabbatical will hopefully start in March next year.