2019 Income/Expense Report – Reaching FI by 40

It kinda seems like I’m always blogging during the holidays, with Chinese New Year just 2 days away. This year started rather slow for me, and I hope it stays this way because I’m not very excited to be changing the first number in front of my age. Just trying to delay the inevitable in my dreams, I guess.

I had some time this week for self reflection and I read through some of my old blog posts. Generally, my goals towards being financially free hasn’t changed, but I think my personality was a little altered because of a shift in priorities in my life. My old blog posts were raving with creativity on how to maximize returns while spending lesser. In fact I did a lot of research and spent most of my time thinking about how to make passive income in the right way, and the best way possible. Continue reading “2019 Income/Expense Report – Reaching FI by 40”

My Passive Income for 2019 – Portfolio Dividend Yields!

I’ve got great vibes for blogging at the end of the year. It has been the 3rd year since I’ve been tracking my financial health, and the 3rd year’s always a charm. I guess it has become more significant now what style of investing I am more comfortable with, which is why I decided to start the year-end blog posts with my passive income. I’ll give the readers a little headstart at Miss Niao before they scout around at other financial bloggers and check out how they are doing. And well, because the passive income part of my portfolio is more predictable in terms of numbers, rather than something like my expenses that varies every month.

So I was scouring through my past blogs and it took me like 5 seconds to find my FY2019 goals. Hmm, I wonder why that was so. :p Anyway, just a recap. Continue reading “My Passive Income for 2019 – Portfolio Dividend Yields!”

My Financial and Expense Report (2018)

Many of my friends around me think that I have this secret obsession with money. They know that I track my expenses on a daily basis and can never understand how I can bring out the time to do so. The reason is simple – I make it a priority in my life to achieve financial independence, and there is no other (better) way I know to achieve that – by reducing my expenses and increasing my income. And the only way that I can reduce my expenses is to know what I’ve been spending my money on.

I don’t want any of that precious stuff to go to waste.

Everyone does their budgeting in their own way. The ultimate goal for me is to save as much as I can, without sacrificing some of the values I have in life. Being able to save, really, is one of the basic stuff that you have to do in order to increase your net worth. And then once you have money, you can use it to make more money.

For 2018, I have decided to split my financial report into two sections. Continue reading “My Financial and Expense Report (2018)”

2018 Portfolio Updates

It’s the 2nd year that Miss Niao can celebrate a full-year review for her portfolio again. How well did I do as an investor? Not at all fantastic, though still in line with my goals.

A Look Back on 2017

In 2017, I started my investing journey and injected my funds rather consistently, performing a buy trade with a monthly/bi-monthly frequency. I had no sell trades in 2017.

I have also experienced how a bull market is like, and the emotions I had to go through of having a loss of double digit percentage points on paper – not that it went anywhere unbearable. Continue reading “2018 Portfolio Updates”

My Net Worth In 2018

2019 is finally here to stay for the next 360+ days, and I can’t wait to review my finances for the year. After my CPF interest has been deposited on the last day of 2018, I do have a rough idea on how well I did in my financial health for the year and I am very glad to say that it has been much better than I’ve expected it to be, though I fell very short on my expenses and exceeded my budget very… exceedingly due to some unexpected expenditures that were quite unavoidable and unaccounted for.

I guess that’s a way of how life throws a rock on your head and reminds you to always prepare yourself for unplanned circumstances, and that even if things don’t go the way you want it to be, it’s going to be fine because you’ll always find a way to make it work, and eventually maybe find other ways to make your situation even better.

Things can always be a lot worse. Continue reading “My Net Worth In 2018”

Expenses Review – Q3 Y2018

So I’ve been kind of going through a rough patch in my life recently, and was pretty inactive in the blogosphere for the last month. I think it was kinda reflected in my previous post that I wasn’t really okay, but I guess… that it’s okay not to be okay sometimes! Life isn’t supposed to be as picturesque as how everyone paints it to me, and I would very much rather my blog show not only the good, but also the bad experiences that I go through.

Which is why I always blog about my failures, and constantly thinking about ways on how to be a better investor, and thus a better blogger – hopefully. 🙂

It is time again for my expenses review, something which I track so diligently every day since the last quarter of 2017. Continue reading “Expenses Review – Q3 Y2018”

Expense Review – H1 Y2018

July has been an insanely busy month for me. I had to travel overseas twice in a single month for the first time.

The first trip was for business, and in fact, my very first one too. I went to China to meet up with some other Shanghai colleagues to attend a “camp”. From there, I’ve visited our in-house factory and see for myself how the products that I had been developing are made and assembled together. Makes my job more fulfilling to see how my contributions are materialized.

10 days after landing in Singapore from China, I’m repacking my luggage for the next challenge in my life. Continue reading “Expense Review – H1 Y2018”

How I Save 70% Of My Take Home Pay – Cash Flow Review (Q1 2018)

Technically not Q1, since we are already almost halfway through 2018. But because of… you know, priorities, I decided to wait for 2 more months before I did a review of my cash flow.

Hey wait, should I call this a trimester update instead of a quarterly one then? :p #randomthoughts Continue reading “How I Save 70% Of My Take Home Pay – Cash Flow Review (Q1 2018)”

2018 Personal Goal Setting and Review

2018 has just started to set in and I told my colleagues yesterday that it feels like nothing much has changed – at work at least. Life still goes on, work still goes on, CPF interest is in, Nikko AM STI ETF went XD two days ago… Yeap pretty much the same…

…except that there’s actually a lot more stuff going on now as compared to the beginning of last year.

2017 to me was a great year, in fact, much greater than what I would have expected myself to achieve. Continue reading “2018 Personal Goal Setting and Review”

2017 Cash Flow Statement

I’ve been reading quite a few annual reports this year and I’ve decided why not put my personal expenses into a cash flow statement. I think now my brain is by default suited to read the language of money as Assets VS Liabilities, Revenue VS Gross Income VS Net Income and Operating/Investing/Financing activities. In fact, I just remembered that I was supposed to continue analyzing Christopher’s Chicken Rice stall and I left out the cash flow statement of his business!

Not cool, Miss Niao. Not cool. Continue reading “2017 Cash Flow Statement”