Saturday, December 31, 2016

Goodbye 2016 and Hello 2017

I thought of just writing some thoughts down before the year 2016 comes to an end. This year has been a year of breakthrough with my new job starting on 3rd January next year. It will be a total change in industry and job scope which I'm both excited and worried about.

For this year, I had 2 overseas trips, one to Taiwan with my girlfriend and her family and another one in Hong Kong with my girlfriend also but with my family. In terms of health, I've been exercising more, going to the gym at least once a week but however, I've also been falling sick more. Even right now while writing this, I'm still having a very bad sore throat and flu.

I've been working very hard this year, sometimes late till the night and on weekends too. It seems like work doesn't end for me and endless of emails to reply and tasks to do. Nevertheless, I had the rewards of working harder and manage to save more even though expenses doubled again this year.

For investments, I've accumulated more companies such as Telcos like Singtel, banks like DBS, REITs like Capitaland Mall Trust, Frasers Centrepoint trust, CDL Hospitality Trust all which have been beaten down to attractive valuations. I'm looking forward to accumulating more in 2017 when the market starts in the new year. 2016 has been a relatively good investing year with my XIRR at 9.78%, an improvement from the 6.10% in 2015. Dividends collected this year was around $2000+.

I will be writing another post on my review of my financial goals in 2016 in detailed and also my goals for 2017. Stay tune for the next post in 2017. The new year will be full of great plans and reaching the next milestone of my life. It is stressful but I am prepared to face it positively. Life will definitely be better.

Here's wishing all readers a wonderful Happy New Year in 2017! Let's bid 2016 goodbye and start the new year afresh.


  1. I will say you achieve an excellent XIRR in 2016. Happy New Year!

    1. Hi Sweet Retirement,

      Thanks. Saw your post on your 10k passive income goal met. Congrats and happy new year too!

  2. Hi SGYI!

    Im a loyal reader of your blog and I hope you could check out mine too and would really appreciate it if you could give me some feedback on how I can improve on my blog/finance progress.

    Thank you and Happy New Year!

    1. Hi bahbahmoneysheep,

      I see you're in NS going to ORD soon. I used to have the same low expenses as you when i was in army. Things will change when you ORD. My focus was to increase my income so I could have more savings and at the same time a reasonable amount of expenses. From my experience, its quite difficult to have low expenses all the way especially if you're planning to settle down in the next few years. Its better to start planning since you already have a girlfriend. All the best!