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Financial Goal Progress October 2020
By My Sweet Retirement  •  October 17, 2020
Above is the progress of me reaching my targeted financial goal for October 2020. As you can see from the chart, the total value of my financial assets have grown by a mere 0.12% from September. The value of my stock portfolio declined due to the pullback of the stock market. This was cushion by my monthly regular contribution to NTUC RevoSave, Dash EasyEarn and Supplementary Retirement Scheme funds. With the upcoming US presidential elections, I am expecting the stock market to be volatile. If you notice the trend, the overall Singapore stock market is always affected by the performance of the US stock market. When technology stocks in the US market gets a beating, so does the STI (Straits Times Index). The total financial assets I am currently tracking are:
  • Insurance savings (NTUC RevoSave, Singlife, Dash EasyEarn)
  • Savings accounts (POSB, OCBC, CIMB)
...
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By My Sweet Retirement
I am a working salaried professional in my mid 30s. Just like most Singaporeans, I worked long office working hours, often trying very hard to find some work life balance. The Sweet Retirement Blog was created to share my journey towards achieving a comfortable retirement life. I believe we cannot simply rely solely on our Central Provident Fund savings when reaching old age. Neither can we rely solely on our bank savings as we all know the interest rates cannot beat inflation.
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