September 2018: monthly update: when can I finally escape the office?

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

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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

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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

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SGD 267 – not bad.

Hypothetical monthly income

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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.

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