July updates - CIMB 1.8% Fixed Deposit, $7k for CPF SA, stocks transactions and saying goodbye to my 1st job
Some updates on what's going on with my life....
A. I accepted the job offer
Ever since I received the job offer, I've been feeling jittery. I kept playing the angel and devil's advocate and in the end, decided to take up the offer. I still worry about the instability in the new place, but at worst, I'll just find another job if I can't survive there. The new salary, although not a lot, is also better than if I stay put. I figured I might only get this salary 2 years later. So, hopefully, things pan out well....
B. Transferred $7k to my CPF SA
Next, I've transferred $7,000 cash to my own CPF SA. This is the 3rd time I'm doing so. You can read more about it here and here. I probably should have transferred the amount in Jan, instead of waiting till now...but well, better late than never.
My CPF SA now stands at $46,000.
C. Parking $40k with CIMB F.D at 1.8% and 1.6%
Also, good lobang must share! I've done some housekeeping with my money and recently parked $20k at 1.8% p.a and another $20k at 1.6% p.a for 6 mths under CIMB. I figured I may need the money come Jan 2019, for house reno so I didn't put the whole $40k sum under the 1 year deposit. Also, I thought the CIMB F.D was more attractive than the SSB since there's no transaction fees involved.
The total amount locked up in bonds, FDs and endowment stands at $94,000
D. Stocks transactions
This month, I sold my Sunningdale stocks for a $220 profit. Also bought the EC World REITs early this month.
I rarely talk about my stocks because I'm still figuring my way around. My aim is to build a portfolio with steady stream of dividends. So I was really amazed when I saw a post here, which showed their 6-digits portfolio with most stocks in green! And we are of similar ages! Makes me feel kinda disappointed with myself.....Sorry, I wouldn't want to show my low 5 digits portfolio which are mostly in red...lol. They are getting $1k passive income per month, but my annual dividends only comes up to probably $1.3k? :( I need to work smarter man! Just their stocks portfolio itself is my total net worth already. I also admire how they work together as a couple to achieve financial freedom. I feel tired nagging at my partner on this already. ZZZZZ