It is the 17th days into year 2021. Happy New Year to you ! Year 2020 was a very tough year for the whole world but a turning point for my investment journey.
I am an ordinary salaried employee holding a 9 to 5 deskbound
job where my time is exchanged for an agreed sum of money payout every month. My ultimate goal for financial
carefree is to skip the rat race and be able to do other jobs and experience
life without the need to worry about money. I can’t really remember exactly when
I start to have this thought about financial freedom or keen in investing.
However I remembered a conversation with my colleague on insurance/ investment topics
and he said that “No one in this world will
cares about your money more than you”. This simple statement somehow just keeps
lingering in my mind and ignite my determination to save aggressively and start
to find ways to grow my wealth about 7 years ago.
Prior year 2020, my investment portfolio was really small
and majority of my saving was kept in the high interest saving account where interest
rate was still pretty decent (up to 3%). Nonetheless, I am glad that my earlier
exposure to equity market had somehow prepared me to witness the fastest decline
/ market correction in year 2020 and made me recognised that it was a bear
market that everyone had been waiting for. Never let a crisis go to waste kept
ringing in my mind. Year 2020 was the year where I had deployed bulk of my funds
(excluded emergency fund) into US/HK/SG markets and even deployed my CPF to
purchase STI ETF and bank stocks when there was so much gloom in Singapore
stock market. Hopefully these decisions made can help to become a huge stepping
stone for me towards reaching my financial carefree goal.
For the past few years, I have been reading many investment
blogs and noticed that generally not many women are interested in investment or
financial savvy. By sharing my chronicles of my financial carefree journey, hope
to prompt more women to be more aware of their own financial status, strive to
be financial independent and make your money work harder for you. 😊