It is coming to the end of 2024.
Firstly i would like to thank everyone who have come to my blog. I first started the blog 10+ years ago. This was my first entry to blogging and would like to thank google for it. I have on and off been writing articles and uploading photos of the journey i have taken. This year 2024 i have make a point to write 3 blog post per week and constantly upload all the information. I wanted to earn some passive income while i blog about the things that i like. Also to gain some followers as well. It has been an eventful year. With stock market going all time high in S&P 500 and also the wars going around internationally. The world indeed is exciting and not boring at all.
Reflections and for 2025
1. I have stuck to my goal of exercising every day for 1/2 hour daily jog and push ups for the past 1 year. Except for holidays and sick, I manage to clock 350 days of jogging with average of 4.5 km per day which works out to 1500 km per year. Drinking water is also good. Over my last 3 weeks in Dec 2024, i have strive to drink at least 2 liters of water per day and practice good sleep hygiene.
2. I have invested regularly into the S&P 500 from 2023 Jan till now. In total it has rise to 28% in the portfolio which I will continue to invest until 2032. Target of 10 years.
3. I have do a daily Duolingo of the Indonesian language and i have diligently practice it. Although I still cannot comprehend what the locals are saying. I have been able to pick up words and verbs of it. So still a beginner but I will continue to improve on it.
4. I will still write on the blog but i will focus more on how save money in terms of bulk purchase or value proposition or doing more on spreading the cash incentive. In other words whatever money i can bring in with minimum skill sets.
5. I will continue invest in local SG stock market to create a dividend passive income for years to come. I am at 5 figures dividend income which I want to target a 6 figures dividend income. This will provide my family with passive income for life once I reach the $100k+ per year. I am currently at the $10k+ still some way to go. I want to accelerate this income with my working years.
6. I will continue to build up my mum's portfolio income so that she is able to draw a fixed income for life. All her investments are in the fixed income which is low risk. I want to be able to have a fixed income for her for $6k per year where she will have at least $500 per month of expenditure for herself.
7. I am looking at liquidating my other investments in HSBC life and Prudential assurance which are not really making money and i am suffering a paper loss. Once these 2 investments is my original invested amount, i will perhaps liquidate it and use it as my capital to invest myself.
8. Looking at an opportunity to learn new skill set in 2025 as i have skill future to utilized by end 2025.
9. By end of 2025, I will be able to pay off my HDB loan and will celebrate another milestone hit. From there to further invest with my ordinary account. To target $1m in the ordinary account. This will have a passive income of $25k per year once i hit that target.
10. Looking at credit cards promotion to get a free gift. The gift that i am looking at is a free switch.
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