September was a fun month spent visiting friends and secretely working from another country in ‘home office’…
September expense report
I spent SGD 5,507 in September, which was a lot… Out of this amount SGD 1,184 was for gifts, most of it for investing a part of my higher than usual income into ETFs for my godson. He is only 2 and will get the proceeds when he is 18. I also scratched a relative’s Tesla rim when driving it through a very narrow passage and it made me feel bad, so I bought them a new one, even though they strongly insisted that was not necessary.
Saving rate
Saving rate in September was 59%.
Portfolio update
In September my portfolio increased from SGD 561,967 to SGD 566,398. Fresh investments of SGD 12,613 were offset by unrealized losses of SGD 8,182.
Progress to retirement
Investments vs. plan
I invested SGD 12,613 into my portfolio which was much more than planned (SGD 6,800). Reason was that the company applied my salary increase also for the first three months of the year and paid me extra. Nice surprise for me.
Portfolio allocation
Dividends received
SGD 666.
Hypothetical monthly income
SGD 1,888
I am reaching a point, where an extreme early retirement becomes more and more feasible if it should become neccessary.
Outlook
With about a year more of my assignment in Europe to go I wonder what to do next. How is the mood in Singapore?