Passive Investment Goal

When I started my first job in 2016, my saving goal was to save $100K by 30. With a salary of $2K to $3K, I’ve my spending budget set to $10 per day and set aside 20% of my salary for parent. After working for a few years, I reached my goal few days before 27. However, that got me thinking, what’s next? What can I do better?

Prior to that, I’ve already understand the importance of keeping aside 6 month of emergency savings. I’ve an estimated of $30K invested with POEMS’s Share Builders Plans (SBP) and POSB Invest Savers.

For my POEMS’s Share Builders Plans, I’m general uncomfortable with stock picking blue chips and have always preferred diversification by getting ETFs. As my dividends get larger, I got more uncomfortable with POEM’s fees and decide to move out. The experience of liquidating assets from POEMS wasn’t great either as the platform isn’t user-friendly enough. I’ve made mistakes while selling my shares and was charged penalty fees due to it.

Regular Saving Plan (RSP) in POEMS - SG Wealth Seminar
POEM’s Share Builders Plan interface

Then I decide to put my funds into robo-advisors for more fuss-free experience. I did not need high level of controls for trading, passive investing solution would allow me to be more focus on things that I’m interested with and robo-advisors are just the right product that will help with my portfolio allocation and optimization.

I’ve read articles on how net-worth could go crazy after first $100K (, and my situation was vastly different as majority of my $100K are kept in bank as emergency savings with a maximum of 2%+ interest and in reality, only $30K are invested with higher returns.

Hence, my next goal would be to have $100K invested with emergency savings set aside.

Currently, I’m about $50K invested with POSB Invest Savers and 3 robo-advisors, namely StashAway, AutoWealth and EndowUs (excluding SRS). I would take another year or two to reach my first $100K, but I’m glad to be half way there.

Pricing | StashAway
StashAway Roboadvisor

Thinking further into my next 5 to 10 years, I’ve decided to set goal of $100K for two of my StashAway portfolio. It would be unthinkable, considering about the future that I will have more commitments. But that’s definitely something fun to look forward to.

Singlife – 2.5% P.A

On 14 March, government have released the solidarity cash payout of $600. Immediately upon receiving the sum, I transferred the amount to my Singlife account to earn 2.5% p.a. returns for the first $10,000 deposited. Though in the end, I decide to donate all of my payout to people that have greater needs, the amount are now money purely funded by the cash in my bank account.

I’ve first chance upon the account through HardwareZone forum whereby the members were talking about it. I went to made further research upon Singlife and found out that they’re actually a insurance company. Singlife account is a insurance savings plan that provide life insurance coverage and retrenchment coverage* (only if you uses Singlife debit card).

Singlife Account Insurance Benefits

I was skeptical about the company as it was relatively new to me and unheard of. However, I gained confidence upon seeing that the account is protected by SDIC, which insured up-to $75,000 per account in the event should a Deposit Insurance (DI) Scheme member bank or finance company fails.

Singlife Account Protected and Licensed

To start earning interest, there is a minimum requirement of $500 deposit and 2.5% p.a. interest is only applicable for the first $10,000, subsequent $90,000 will only earn 1% p.a. and 0% p.a. for any amount after $100,000.

Singlife’s 2.5% p.a. Returns

During the registration, I did not opt for the complimentary Singlife debit card that would provide the retrenchment coverage using the average card spend over 6 months before retrenchment. I would still prefer to earn points through my credit card payments, however, it may be attractive as a grow older and maybe more concern about my job security.

Over the years, it have been rather difficult for me to save up cash as I would often spend them away as long as they did not dip below my emergency savings mark. As I’m trying to increase my cash holding, Singlife account is one of the good place where I’m looking at to saving up additional cash and not withdraw at any circumstances. Of course, this will only be for up to $10,000.

Robo Portfolio – April 2020

I’ve invested into StashAway and AutoWealth since 2019 and have added EndowUs earlier this year. Earlier this year, I’ve liquidated all shares accumulated via POEMS Share Builder Plan (Thankfully I did) and is currently moving all funds into the various Robo-Advisors portfolio slowly every month.

During the 2020 market crash, I have added additional one-month monthly invested value to StashAway in order to further DCA downwards. Earlier this year, I’ve created another 2020 portfolio to observe the difference for investing one-year apart, the result was interesting. For this, I will blog in another post, stay tune.


Global (2019) – 36% Risk

Capital: $11,000
Current Value: $11,548.10
Returns: $584.10

Global (2020) – 36% Risk

Capital: $10,000
Current Value: $10,233.71
Returns: $233.71

Income (2020) – 12% Risk

Capital: $10,500
Current Value: $10,152.40
Returns: -$347.60


Risk Profile 4 (2019)

Capital: $10,500
Current Value: $10,683
Returns: $183


Very Aggressive (Cash)

Capital: $2,600
Current Value: $2,218
Returns: -$382


Total capital invested: $44,600
Total current value: $44,871.21
Total returns: $271.21

Past Performance

Portfolio – January 2020 – $28,564.79
Portfolio – February 2020 – $31,995.79
Portfolio – March 2020 – $35,722.46
Portfolio – April 2020 – $44,871.21

Majority of my portfolios are still underwater, specially for investments that I’ve started earlier this year. Two main losses I had was from EndowUs’s Dimensional World Equity Fund and StashAway SGD Income Portfolio. It may probably take quite a long period of time to recover looking at the current market outlook.

POSB Invest Saver – Performance

I’ve started out my investing in Regular Saving Plan (RSP) with POSB Invest Saver few years ago during my uni-days before I started working. As I did not have much allowances, each month I’d invest $100 into it, inclusive of all the accumulated dividends received from NIKKO AM STI ETF (G3B). I did not bother to increase the amount after I landed my first job as I’m barely able to survive with my pay while trying to set aside cash for emergency use. Hence, it has been as it is till date.

In the back of my mind, I’ve always know of a huge payment that I’ll have to fork out in 1 to 2 years timeline, but I’ve never taken a serious look at it. Since the 2020 market crash, I have start to re-look at my current financial standing to be better prepared for upcoming economy downturn. I realised that the upcoming expense would deplete my entire emergency fund which I’ve to look at ways to increase my cash holding.

One of the option I’ve is to liquidate my investment to make up for the leftover gaps of my cash for the payment and I’m looking to start off with my NIKKO AM STI ETF (G3B) RSP. However, sadly, while I was hoping for my fund to cross $6,500, my invested value have since been brought back to the same value a year ago.

  • May 19 – $5,455.42
  • Jun 19 – $5,836.07
  • Jul 19 – $5927.80
  • Aug 19 – $5748.41
  • Sep 19 – $5784.83
  • Oct 19 – $6,119.67
  • Nov 19 – $6,224.81
  • Dec 19 – $6,338.11
  • Jan 20 – $6,269.88
  • Feb 20 – $6,350.69
  • Mar 20 – $5,268.62
  • Apr 20 – $5,438.63


So far, I’ve made a loss of $1,428.55. On the bright side, this is a really good time for Dollar-Cost Averaging (DCA) to bring down the overall cost price of 3.33 per shares and just two more months till the next dividend payout date.

One issue I have with POSB Invest Saver was that I was not an avid investor and a pretty lazy one as such that I did not know the actual amount and cost I’ve invested into the fund. Hence, the gains and losses are mainly calculated by the average cost price that I see on the portal, which is hugely inaccurate considering that portion of the investments are reinvested from the dividends.

For now, my plan would be to DCA downwards till break-even perhaps with the market before I decide to liquidate and try to look at something else instead.

Game Plan 2020

I’ve started out blogging earlier this year with my new year resolution set for year 2020. Many things have happened since then, who would have foresee a pandemic outbreak that forces most desk-bounded workers around the globe to start working from home and causes cross-border travelling to come to a halt. There goes all my holiday plans.

With the additional time that I’ve had being stuck at home, I’ve decide to re-ponder about the goals that I’ve set for myself and start to seriously look into what I truly wanted to do in the coming years. It’s been almost a year or two that I started to feel lost with where I’m going and my passion.

There is always a struggle between to maintain some online privacy and anonymity while having a place to pen all my thoughts and keep notes of important stuff that I’ve learnt throughout the years. As such, I’ve decided to be more open on my approach to this blog so I would enjoy myself while typing away from the keyboard. This will be a blog in combination of my finance thoughts where I work towards finance independence and a place where I pen down my technical notes for the time being till one day that I feel that both should be separated.

This year, I’ve set a few goals that I’d hope to achieve which are of the following:

  1. Invest $60,000 by end of the year funded by my salary/dividend/savings.
  2. Obtain a profession-related certification
  3. Obtain a certification of my own interest
  4. Completion of my masters programme
  5. Fulfill my professional membership studies requirement
  6. Get a life/join an interest group to expand on my social circle

A review on the progress, I’ve invested $27,000 by April, with a interest-related certification obtained. Most are on track except for that I’ve yet to get on with my profession-related certification studies and doubt covid-19 will ease anytime soon to get me out of my tiny room.