It has been half a year since my previous post and 2014 was a decent year with regards to my investment returns. Despite being about 61% invested in 39% in cash and cash equivalents, I managed to generate a return of around 3.12% for the year.
This is not huge but still beats returns on time deposits. The interesting thing I note is that the bulk of my returns came from dividends, followed by interest from fixed income securities (Singapore Government Bonds and Corporate Bonds) and finally capital gains from the occasional punt.
In short, I spent less time on managing my investments but still performed better than 2013 (1.88% annual return).
In my journey towards financial freedom, I am inching closer to my target but realise that in nearing the destination, my journey has made me a different person who now understands that happiness is more in the process than the journey.
2015 sees my daughter enrolling in Primary 1 which is the start of the formal schooling phase in her life. I take equal measures of delight and stress from now helping her cope with our competitive and fast paced education system.
I also have discovered a hobby that is complementary to my interest in learning foreign languages. Besides learning nihongo or Japanese language, I am getting interested in fountain pens as well but have not really splurged on them. I currently own only three all costing below $50. This is just for me to explore how fountain pens work and how to use them to pair up my interest in improving my handwriting by developing a consistent and legible cursive style.
I am also exploring Midori notebooks but because they are so costly (S$53 or passport sized!), I am starting to explore youtube videos and online resources on how to make them by hand.
Work-wise there has been some challenges which will help me become a better person. My role has not changed much but it is interesting because one of the secondary roles in my job exposes me to lots of learning opportunities although they take up my time.
I would like to wish all readers and friends a Happy New Year 2015 filled with happiness, health and wealth!
Be well and prosper.