It is typical for anyone to have resolutions and goals for the new year. I am like any normal person and have set my sights on certain goals to be completed for 2021. The saying goes 'If you fail to plan, you plan to fail'. More importantly for me, incremental goals help me get some small wins and keeps my wife and I motivated on this journey.
Health related:
Lose 5kg and lower my blood cholesterol levels.
Both guys and girls struggle with body image issues. Recently with our LO around, it has been more difficult to find time for workouts. When I went for a recent health check-up, the nurse told me that my 'bad' cholesterol was on the upper range limit. This was a first and a wake-up call. No point doing so much financially but not staying healthy to reap the benefits in the future. My wife and I will be looking to workout at least 3 times a week in the upcoming year.
Precious Metals:
Add >1 oz of gold; Add >30oz of silver
Just a little hobby of mine. Gold and silver here includes graded and non-graded precious metals, bars and coins. Kinda see this as a hedge and having the physical metal to hold is just different from having it on 'paper'.
Investment related:
Continue with DCA strategy with new exposures; Increase CPF top-ups; Increase SRS top-ups.
We are going to continue with our DCA strategy but look for more areas that may have growth. In the upcoming year, we will also look to top-up our CPF and SRS accounts for investment and tax-deduction purposes.
That is some of the goals that we have set for ourselves this year. I will update accordingly every quarter and monitor our progress.
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SG FI Dad, out.
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