Tuesday 29 January 2019

Goals for 2019 - Physically, Mentally and Financially

January 2019 is coming to an end soon and I realized that I haven't set any goals yet for this year.

Goals are essential because they are a target for you to work towards and even if you were not able to achieve it, at least you were in the journey of achieving it.

For me, I don't usually set goals but for this year, I like to try to have some goals to make myself to be a better me. HAHA.

Physical Goals:

- I hope to at least exercise two times per week either by skipping or to have a jog around the neighborhood.

- I have no need to reduce my weight as I am in the acceptable range so maybe my goal would be to not gain too much weight as work does take up pretty much of my time and I have my dinner at a pretty late timing.

- I also do snack after dinner and weekends are for eating so I think exercising would have to be incorporated into my life for me to be healthy.

Mental/ Emotion Goals:

- I have always been worried about my life, how it will turn out, whether am I on par with people of my age.

This in turn has actually put a lot of stress on myself because I am always comparing myself with others.

This is definitely not good and some times it demoralizes me. So in 2019, I hope to just live my life and not be so affected by people.

Financial Goals:

- Since I have started working in end of 2018, I would hope to increase my savings as I have a regular source of income from my job. I would hope to save at least $12 000 in cash savings for 2019.

- This would mean that I would need to save $1000 per month which I think is still manageable.

- The contract for my current job would end in August 2019 hence before that, I would also like to be able to find a full-time position of a similar or if not higher pay.

My goals are not that specific but it's a starting point for 2019. Here's to a great 2019!

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Sunday 27 January 2019

January 2019 Portfolio review - Added Far East Hospitality Trust and Nikko AM STI ETF into my portfolio

In January, I added 1800 shares of Far East Hospitality Trust (Q5T) into my portfolio. I bought in at a price of $0.610 each.

I have been planning to add more REITs into my portfolio. Currently, my portfolio has 2 REITs, First REIT (AW9U) and CapitaLand Retail China Trust (AU8U). 

Far East Hospitality Trust consist of Far East Hospitality Real Estate Investment Trust and Far East Hospitality Business Trust.

They have 13 properties with 9 being hotels and 4 being serviced residences.

Hotels Serviced Residences
Oasia Hotel Novena Regency House
The Elizabeth Hotel Village Residences Robertson Quay
Orchard Rendezvous Hotel Village Residences Clarke Quay
The Quincy Hotel Village Residences Hougang
Village Hotel Albert Court
Village Hotel Bugis
Oasia Hotel Downtown
Village Hotel Changi 
Rendezvous Hotel Singapore

Far East Organisation is the largest private property developer in Singapore and a sponsor for Far East Hospitality Trust. 

Far East Organisation includes three listed entities namely Far East Orchard Limited, Far East Hospitality Trust which consists of Far East Hospitality Real Estate Investment Trust and Far East Hospitality Business Trust, and Yeo Hiap Seng Limited.

Yup, I was surprised that they are the majority shareholder of Yeo's, a food and beverage products company.

With it said, I bought it at a price of $0.610 hence this would give me about a dividend yield of 6.50%.

60 units of Nikko AM STI ETF was also bought using POSB invest saver.

Read more: Automating my investment for Nikko AM STI ETF (G3B)

With that, my current portfolio looks like that right now.

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