Feb 2020 updates

Hi Friends,

I hope that you had a prosperous chinese new year and a great time of reunion with your loved ones. I have enjoyed this joyous period a bit too much from eating too much cny goodies. 

However, the world seems to be in a bit of turmoil right now, with the coronavirus outbreak, the wildfires in Australia. I pray that each one of us will be safe from these emergencies. 

Let's move on to something more joyous, my portfolio:

1. Stashaway (Invested 800, current value 837.69)
2. Stashaway simple (Invested 6000, current value 6004.10)
3. Coasset (Invested 1000, expected return 1090 in 2020)
4. Funding Society (Invested 3020, current value 3102.37)
5. Endowment (Invested 6000, expected return 6556.40 in 2022)

This would bring my return to 2.34%. Not including cpf, life insurance etc. 

My return was also affected by the sudden dip in the US market recently. I suspect that it was due to the coronavirus emergency that shocked the market. But I believe that there will be opportunities that we can take advantage of too. 

With that, I would encourage all of us to take care of our health and continue to be frugal. 

Till next time, 

Stay vested, stay frugal my friends. 

Dionysius

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Switching my mobile plan

Hi friends,

It has been a while since I have signed up with StarHub. Even though I have enjoyed their services and their relatively affordable price of $25, I decided to switch to an even more affordable mobile plan.

The name of the company is zero1, their plan suits my needs very well. The plan allows for 1Gb of 4G speed, beyond which, the connection speed would drop to 3G speed. The highlight of this plan; unlimited data with free call ID, 200 mins of talk time and 200 sms every month. Guess the price?

It is S$9.90 for the first 6 months, S$13.90 for subsequent months.

This plan felt as though it was specially tailored for me. I do not use social media when I am commuting and the limited speed still works well for listening to podcasts on Spotify. By switching over my mobile line, I can reduce my monthly telco expenses. With the amount saved, that would mean more investment fundings available.

I hope that you may want to take a look at whether your telco plan caters to your needs, and if you are getting a good deal for your plans right now. If you are interested in the plan, do let me know, I can send you a link to their website. Do know that I do not have any monetary interest with them, I just want you to have a good deal.

I look forward to writing about deals like this so that my readers can reduce unnecessary expenses every month and use the money saved for their investment.

See you soon, till then,
Stay vested, stay frugal
Dionysius

Update:
I have used the plan for 2 weeks, everything is going fine and I am enjoying the throttled data speed after using up the 1Gb of 4G connection in 2 days.

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Jan 2020 Updates

Hi Friends,

I hope that you have a wonderful new year celebration and that the recent stock rallies brought great gains to your portfolio just as it did for mine.

I have figured out a way to calculate out all my investments (partially because the P2P portion was rather troublesome in its calculation due to the different loans that are happening at the same time). With that, allow me to begin with the numbers:

I will be including all of my investments through Stashaway, Funding Society, Coasset, Endowment plans:

1. Stashaway (Invested 800, current value 825)
2. Stashaway simple (Invested 3000, current value 3000)
3. Coasset (Invested 1000, expected return 1090 in 2020)
4. Funding Society (Invested 2520, current value 2593)
5. Endowment (Invested 6000, expected return 6556.40 in 2022)

As of right now, my return now is 2.95%, Expected return would be 2.74%.

The return is kinda bad right now as it has only been 6 months since I started. Hence, it would be more accurate as time goes on.

I look forward to my next update.

Till then,
Stay vested, stay frugal my friends.

Dionysius

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