SG Financial Independent Dad: Finances Review

Thursday, March 11, 2021

StashAway Report Feb 2021

Been abit lazy updating this section of StashAway reports the past couple of months as some other things and activities were prioritized. However, I'm back in the swing of things and looking forward to the opportunities in the year ahead.

We continued our DCA strategy with StashAway and have not stopped despite my lack of updates the last few months. StashAway has provided us with some solid returns amidst all the uncertainty in the backdrop of the global pandemic and other global happenings.*Not sponsored but if StashAway is interested, hit us up!*

I have been using StashAway since 2017 but the contribution has been on and off then. More recently, we have made it a critical component of our portfolio as it provides us exposure to the overseas market. We have 5 portfolios across 2 accounts as we like to set different goals with different timelines.

Statement as of 28 Feb 2021:

Our portfolio thus far is valued at $15,343.53. Downward movement likely due to the correction experienced in many markets.

If you are interested in getting started with StashAway, you can check out my link here to sign up. We both get up to $10,000 SGD managed for free for 6 months. Win-win!

Share with me your thoughts and comments on if you have robo-advisors as part of your portfolio! Stay safe everyone!

On a separate note, I have started a YouTube Channel showcasing my hobbies. If you are interested, you can watch my latest video here! Any feedback, subscriptions or comments is deeply appreciated!

My YouTube Channel: LINK HERE!

My Instagram: LINK HERE!

SG FI Dad, out.

Friday, March 5, 2021

Alternative Income Report: Feb 2021

Hope everyone had a good break this Chinese New Year and managed to figure out a way to gather with friends and family in a safe manner. I must say, CNY has been weird in this sense without the big gatherings that I’m familiar with. But I guess it’s the new normal. It was also the first year that the Mrs and I had to give out angbaos but we also got some back for the LO. Overall, I think we weren't as affected by the safety measures as much as we thought except maybe missing out on visiting some friends and relatives.

For Feb 2021, we received $194.75 from interests and dividend returns. Not quite there yet at $200 per month that we are aiming for but very close. The positive takeaway is that there was a slight increase compared to last month. Even though we are only into the first quarter of 2021, we are constantly striving towards this target that we set for ourselves. We are confident that we will reach our goal for 2021 with our continuous entry into the market.

For those that prefer a visual representation.