Monthly update #48: June 2019
Posted: Sun Jul 07, 2019 11:28 am
4 Years anniversary on the ERE forum, but still not retired
Looking back:
Monthly update #1, July 2015: Portfolio: SGD 62,683 (~USD 47,000)
Monthly update #48, June 2019: Portfolio: SGD 407,823 (~USD 301,000)
Total income after tax 2015: SGD 126,930
Total income after tax 2019 (est): SGD 171,000
Financially things are going into the right direction.
monthly goal review:
- 20 days no alcohol: failed: 16 days (!) Need to pull myself together in June
- 12 times sports: achieved: 13 times
So many work events and stress.
June expense report
Expenses were a lot more reasonable in June. I still spend way too much, but at least things are getting better. The spending is nearly all on luxuries, especially the eating out portion is insane. I had visitors for whom I bought nice meals and I also traveled a bit for fun.
ERE Scorecard
Official saving rate in June was 61%. Did not even spend all the rest, but used it to buffer for some further expenses later.
Portfolio update
Portfolio increased by SGD 18,745 to SGD 407,823 (~USD 301,000). Fresh investments of SGD 6,593 and a gain of SGD 12,152 countributed.
This is the first time (and probably not the last time) that my little portfolio surpasses the SGD 400k and the USD 300k mark.
Investments vs. plan
I invested SGD 6,593 into my portfolio which was a bit more than planned (SGD 6,200).
Dividends received
SGD 591
Hypothetical monthly income
SGD 1,359.
Outlook
June was tough. A lot of activities planned for July - I am looking very forward. Also in July my salary increase should take effect, but better not count my chickens before they hatch.
Looking back:
Monthly update #1, July 2015: Portfolio: SGD 62,683 (~USD 47,000)
Monthly update #48, June 2019: Portfolio: SGD 407,823 (~USD 301,000)
Total income after tax 2015: SGD 126,930
Total income after tax 2019 (est): SGD 171,000
Financially things are going into the right direction.
monthly goal review:
- 20 days no alcohol: failed: 16 days (!) Need to pull myself together in June
- 12 times sports: achieved: 13 times
So many work events and stress.
June expense report
Expenses were a lot more reasonable in June. I still spend way too much, but at least things are getting better. The spending is nearly all on luxuries, especially the eating out portion is insane. I had visitors for whom I bought nice meals and I also traveled a bit for fun.
ERE Scorecard
Official saving rate in June was 61%. Did not even spend all the rest, but used it to buffer for some further expenses later.
Portfolio update
Portfolio increased by SGD 18,745 to SGD 407,823 (~USD 301,000). Fresh investments of SGD 6,593 and a gain of SGD 12,152 countributed.
This is the first time (and probably not the last time) that my little portfolio surpasses the SGD 400k and the USD 300k mark.
Investments vs. plan
I invested SGD 6,593 into my portfolio which was a bit more than planned (SGD 6,200).
Dividends received
SGD 591
Hypothetical monthly income
SGD 1,359.
Outlook
June was tough. A lot of activities planned for July - I am looking very forward. Also in July my salary increase should take effect, but better not count my chickens before they hatch.