In September I travelled to Morroco and when I returned to the office I immediately go hit hard by the post holiday blues. My job is ok, but there are so many things I would rather do. This was a great reminder why I save a large part of my salary to become financially independent. How did I do in September?
Portfolio update
In September my portfolio increased by SGD 5,722 or 1.8% to SGD 325,693 (=USD 237,500). Fresh investments of SGD 5,164 and gains of SGD 558 contributed.
Investments vs. plan
I invested SGD 5,164 into my portfolio which was less than planned (SGD 6,300). This means that I am now SGD 481 behind the plan for the year. I need to be a bit more frugal, especially since I need to spend some money for the new company.
Dividends received
SGD 267 – not bad.
Hypothetical monthly income
SGD 1,086. Looking forward to the SGD 1,600/month milestone at SGD 480k at which I will get EUR 1,000 monthly for life
Outlook
Hopefully I can increase my savings again to reach my goal of investing SGD 100,000 in 2018. The key is not to buy any useless stuff in October.
Keep motivated! It is good to see your progress!
Thanks Kyith! 🙂