40k cash bill

My husband is going for a tavi surgery, cash outlay is estimated at 40k. Rest are subsided by govt, medishield life 10.8k and medisave 5k.

This means I wont be able to reach my goal of investing of US$20k into stocks.

Only have 20k on hand. Has to save up and pay in instalments.

Raise

I got a raise from April onwards of around 300. Has increased my monthly savings rate to $2400. Hopefully can keep it this way.

Savings

For savings, I used the automated transfer move the saving from my salary crediting bank account to another bank account. This has 2 benefits, I will not be tempted to spend the money in the saving bank account because it is out of sight, out of mind. Secondly, I do not need to remember to do the transfer since it is automated. 

Investments

After accumulating the funds in my saving bank account, as and when I am intending to buy stocks, I will then take a look and determine how much I could invest. 

Ever since the start of this year, I have been buying US stocks. I intend to continue to do so till end of this year. Goal is to invest US$20k (10% of portfiolio) in US stocks.

How far from COAST FIRE?

Currently my portfolio stands at S$262k (not including market gains). I used cost price to calculate this. 55k CPF funds invested.

To meet COAST FIRE, I would need passive income that can pay 50% of my expenses (3k a month). Assuming my portfolio returns a 4% dividend a year, my annual dividend is 10.400 which is 870/month. I am still 630/mth short of my target, which translate to needing 190k more. Goal is to reach this in 7 years time, meaning saving 27k a year, which can be reached as I am saving 2400/month.

Any chances I could reach FIRE faster?

Yes, if the following events occurred

1) Keppel corp share price reaches to 15/share

2) Singtel share price reach above 5/share

stocking up more citigroup and coca cola

Stocking up on more citigroup (20 shares) and coca cola (20 shares). 

I have gotten a promotion at work. Fewling unreal and apprehensive about it. It would mean more work.

I am having some anxiety and burnt out. And expecting more stress.

Today was my 2nd counselling session, feeling abit better.

Need focus on how to achieve freedom in work, just like how I strive for freedom from money.

20-80 rule : which 20% is giving me 80% stress. Which 20% is giving me 80% of my performance. How can I help myself by helping my staff? What systems can I use to further my stuff.

Ali baba

As Ali Baba NYSE continued to drop, I will contine to buy.

I bought 10 shares at 129 in Feb 22. Another 10 shares at 101. Recently the price went down to 77.

I intend to accumulate more shares. Aim to buy 40 shares.