It's time for a progress update on our financial goals for 2016.
We have been buying the Singapore and International ETFs regularly over the past few months and the rebound in the stock markets in Mar and Apr have helped us as well. It's been growing at about S$3,000 every month since the Jan balance of S$20,000. The ETF portfolio looks on track to hit S$40,000 if we can keep this up.
However, I must admit that we have been buying less ETFs given the recent rally in the global stock markets. To be honest, we probably didn't buy the ETFs aggressively enough during the bear market in Jan and Feb. Having to buy the ETFs during the current bull market is not ideal.
Since we have switched to an ETF ......
