Personal Finance
Seeing my Cash Balance Build up – More People are Saving
By Singaporean Talks Money  •  July 15, 2020
Since the circuit breaker started in April till now, I have seen my cash balance build up faster than it has usually. With my main expenses on food and transport having a great reduction as we work from home and no dine-in, I managed to save a lot more. So for June and July, I have purchased some stocks like OCBC, Tesla and a small portion of the STI ETF (ES3). Will have a more in-depth update in my July 2020 portfolio update coming month end. I think for now, it is nice to see my cash balance slowly build up because previously my family was planning a trip in August to Japan and I knew that the trip will require a substantial amount from me. With the trip being shelved aside due to the situation, the amount that I put aside can now be saved up....
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By Singaporean Talks Money
I am currently a 23 year old university student in SIM. I hope to be able to grow my money and see the power of compound interest. I became interested in investing when I took a gap year and worked full-time. I realized that by just saving, it was very difficult to achieve my financial goals hence i read up on investing.
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