Today is the first day of 2016. Happy New Year everyone!
In 2014, my year was wrapped up with our godsend newborn. In 2015, the year ended with a family vacation in Hua Hin, where me and my siblings witnessed a very Happy Mum. Both years ended great and no complains whatsoever from me!
The final moments of 2015 for me were spent in a movie theatre last night watching "Yip Man 3" - just me and wife spending time romantically together. Thumbs up for the show and for the last night in 2015!
Now let's recap 2015 as follows.
2015 at a Glance
- Malaysia 1MDB alleged scandal
- Nepal earthquake
- Mayweather still unbeaten with win over Pacquiao
- Greece stays in European Union
- Syria refugees crisis
- China devalued currency in Aug and world stock markets tumbled
- Volkswagen scandal
- Liverpool FC appoint Jurgen Klopp as manager
- Attacks in Paris & Bombing in Bangkok
- Facebook Mark Zuckerberg and wife pledge to donate 99% of Facebook shares
- Oil Price below $40 - all time low in last eleven years
- Fed finally hike rate in Dec
- Singapore's 50th Birthday
- LKY pass away and country unified
- Sabah earthquake killed Tanjong Katong teachers and students
- PAP landslide victory
- Haze crisis
- Ex-CHC leaders sentenced to Jail
- Singapore host SEA game and ASEAN para game
- SMRT breakdown problems continue
- NOL to sell entire stake to CMA CGM
- STI down 14.5% from 3370.59 at the start of the year to 2882.73 as of 31 Dec 2015.
Using H2F3 as a gauge:
My health in 2015 is reasonably ok, although nothing to shout about and definitely not as good as 2014. This can be attributed to the increase in workload resulted from acquisition of the company I worked in. Gastric attacks are more often this year, but I picked up Meditation and it provides great relief to the pain I suffered. My discipline in regular exercise and strict diet control also mean my weight hover healthily at 76-77 Kg range. Standing at 1.78m tall, my BMI is in the normal range of 24. I was recommended “Burst Training” by a friend and this can possibly be one reason why I did not put on extra weight. I still smoke socially which is bad, but no longer a regular smoker. The most important thing of all is my entire family members have been blessed with good health in 2015.
No newly added hobby in 2015 to the existing ones - Gym, Jogging, Swimming, Reading and Blogging.
Relationships – Family and Friends
The rate of squabbles with wife increased this year, likely due to a more busy 2015 resulting from hectic work and an additional little one in the house. That said, overall relationship with family are good for the year. The same good relationships apply to relatives, friends and colleagues in 2015. The year-end holiday trip in Hua Hin can take some credit for the strengthened family and relatives’ relationships.
TOTAL INCOME from grew 11.2% in 2015 yoy. This is due to greater bonuses in salary as well as my newfound income stream of writing free-lance O&G articles, and baby bonus due to my newborn girl.
TOTAL EXPENSES grew in tandem with income albeit at a slower rate of 5.7%. This is mainly because of our newborn incurring higher household expenses as well as more new household appliance/furniture replacements. I also spent more on personal expenses for birthdays and weddings. In particular, the bulk of this category of expenses comes from my mum’s birthday party and my present for her. Annual expenses increase the most because this includes more vacation expenses in 2015 compared to the year before. In 2014, my wife was pregnant, hence we spent significantly lesser on vacation. The higher vacation spending in 2015 is offset by lesser income tax incurred due to the rebate from our newborn and also lesser children expenses in 2015 due the one time hospital fees incurred for our newborn in 2014.
NET CASH FLOW increases a respectable 18.4% due to higher total income.
MY STOCK PORTFOLIO fell, just like STI and most indices in the world which are not performing well in 2015. It is down 17% from my original cost of stock investment. Nonetheless, the decline is only approx. 5% of my entire portfolio of cash, stocks and bonds. The greatest decline is dominated from my holdings in Oil and Gas stocks. Despite the dampened stock performance, I am delighted to have >60% cash in my overall portfolio of stock, cash and bonds. The downside is "cash is rotting"! Dividend returns stay relatively consistent yoy.
NET ASSET VALUE rises 14.5% due to sustainable income intake and also because debts are pare down as I continue to pay down my mortgage loan without taking on additional loan.
On the last day of 2014, I wrote that I wanted to continue to go against my comfort zone in 2015. Refer here. I reckon I did it well in 2015, assimilating into a new company culture rather easily, started writing professionally, taking up Meditation and “Burst Training” and finally our youngest member successfully grown up healthily pass her one year of age. And in the process, bring more joy to my life.
Peek into 2016
H2F3 - "Health, Hobbies, Family, Friends, Finance"
It is going to be the same H2F3 plan, going into 2016, but better and improving each year. It will be the usual objectives of good health and hobbies to balance the hectic of work; continue growing my stock portfolio; spend time with family; and continue to keep in touch with friends and relatives etc.
For career, given the current challenging landscape in my industry, my biggest target in 2016 is simple: keep my current job and continue to have sustainable income. In fact, I had earlier proposed to our top management some changes related to the businesses in Asia Pacific. For that, I will start working on a business plan immediately this month. I hope in 2016, my proposed business plan can be executed successfully for the Asia office to embark into a new journey of growth.
Read & Write
I will continue to read extensively, and write more articles to expand my blog library for my children in future. This is also for readers who find it useful for their personal development/evolvement.
Build Strong and Quality Relationships in 2016
I will like to end this post, but start the year with the focus of building strong and quality relationships with people around me.
This was inspired by a fellow blogger Richard’s post on Robert Waldinger’s “What make a good life?”
I wish everyone the Best of Health, Relationships & Wealth in 2016.