POSB Invest Saver monthly and Portfolio update (December 2016), along with self-reflections

Hello, readers! 2016 is coming to a close, and while the year hadn’t been too fortunate for me overall, I am glad to have made it out stronger as I reviewed my life priorities.

Violin

Credits: Image source

Learning musical instruments was one of my more costly hobbies, with me taking up the violin back in secondary school. Fees for the violin lessons were shared between me and my parents, as they wanted me to take initiative and responsibility for my learning process. Along with the freedom I was granted, I am grateful to my parents for allowing me to take charge of my life from an adolescent age.

This might seem fickle-minded to some, but during this year, I have decided to learn the piano. Definitely not an ideal decision considering how I am still a full-time student. Though I weighed the cost against the time available I have (as a student vs working adult), I eventually concluded there was no better time thanĀ now to pursue my interests/hobbies.

In light of the above decision, I have purchased a digital piano to aid in my learning. My upcoming part-time job in January would not be able to cover the purchase cost, thus I have stopped my $100 RSP into Nikko AM STI ETF (G3B.SI) temporarily. Sitting on the sidelines to watch how the events in the financial world unfold in 2017 might not be such a bad idea.

Here are the transactions for December 2016:

ABF Singapore Bond Index Fund (A35.SI)

Date Units Bought Units Sold Net Units Price ($)
27-Dec-16 86.96 -0.96 86.00 1.1441

Here are the details of my shareholdings:

Amount Invested: $3,172.29
Current Shareholdings: Units Market Value (Indicative)
A35.SI 2,305 S$2,646.14
G3B.SI 165 S$495.00

-Alvin