Monday, December 31, 2018

Reflections for 2018 - A Tough Year To Go Through But Ended Well

2018 A Tough Year

2018 will be ending soon. Its another year to reflect again. This is no doubt the toughest year for me but life still went through nonetheless. In the beginning of the year, I had to deal with the death of a close cousin of mine who passed away due to a road accident. It was extremely sudden and we even agreed to meet up 1 week later before the accident. I never got to see him again. This is my first experience in life of losing a close family member who was around the same age as me. It was not easy at all. At the same period, I also had to deal with other family issues as well going to the hospital a few times a week.

Through this tough period, I learnt to see life in a different perspective. I see how fragile life is but at the same time how resilient we humans can be too. While most of us rely on our own hard work and efforts to live through life, when faced with issues that are out of control, some support from people around us and a little prayer comforts the soul. Through it all, the people left in this world continues to live on in search for deeper meaning of life again. After all, its the people around us that matters more than our work, our achievements or our status.

I Changed Job Again..

The first half of the year was faced with struggles. The second half of the year was faced with changes. I decided to change job again in September 2018 after just 1 year plus in the new company I joined. Somehow, this came as a surprise because I did not search for this job but a headhunter called on a random day. I decided to go for the interview and after 2 rounds, they decided to offer me and I took it up. Changing job is not an easy thing to do as I have to relearn everything and build up my network again. The first few months was tough but things got stable after awhile. I went into another new industry yet again, this time in the healthcare sector. Its quite eye opening to me actually to see how the healthcare sector is developing. There are so many people I see everyday who need treatment and the healthcare worker work tirelessly to support all these needs. Not an easy industry to be in but quite a meaningful one with passionate people working here.

Spending More Money With 2 back to back trips

Before I changed job, I took the opportunity to have a good break. I went on an epic cruise trip experiencing the finest luxury of a suite package and then a few days later, I went on another trip to Taiwan. I must have been mad to spend money like nobody's business. Life is short after all right? However, I think this was the best decision I've ever made actually. I always remind myself it doesn't hurt to spend a little more money for enjoyment.

A bad year for stocks

2018 is a bad year for stocks. The STI is negative for the year at about -7%. My portfolio is down about -5% for this year. XIRR came is at -6.45%, a negative after the past 4 years of positive investment return.

I continue to increase my exposure in stocks and took the opportunity to buy the dip. Dividends receive for next year is forecasted to be higher than this year at $4K+.

Lesser Passive/Other Income for this year

Passive/Other income decreased this year as I had less time and energy to work on my side income having to go through tough times and getting more busy after I changed job. This side income still came in decent at $14K. This includes dividends from stocks as well.

Overall total income came in higher than last year as I had a good bonus from my previous job and higher salary from my new job as well.

Increased Savings and Net Worth

My savings for this year broke a new record even with more spending. The increase in income helped quite a lot in managing my finances. My net worth is now almost doubled from 2 years ago. This savings will come in handy when preparing for my wedding and new house in about 1-2 years time.

Life still goes on after all the things that happened. I learnt to cherish life even more. While some people may be gone and some people no longer the same, if we have the opportunity to continue living, we should make the most out of it.

May 2019 be better for you and for me as well. Wishing everyone a joyous and prosperous 2019 ahead! Happy New Year 2019!


  1. They say we get more out of spending on experiences than on things. Sounds like that's what you got out of your travels. Have a great new year!

    1. Hi Lizardo,

      Yes! Have a great new year too!

  2. Hi SGYI,

    Great job on breaking record on your increased savings! Anyway, I have always felt that spending on experience and travel is always well worth it. We can't bring our fortune to the grave, so perhaps we should treat ourselves a little better in the midst of savings and investing.

    Happy New year to you!

    1. Hi,

      That's right, spending on experiences is always well worth it. Happy new year to you!

  3. Thanks very interesting blog!