Happy Chinese New Year 2025

-

 Dear all, 

Happy Lunar Chinese New Year to all. My hope for that everyone in the year of snake is to stay healthy, go for annual medical checkup if possible (I know many of you are scare but having an annual checkup help to tackle any medical problem when they are still small and manageable) and also to have a happy life.

I had my reunion dinner on 28 Jan 2025 in a Teochew restaurant at 8.30pm. My poor memory told me that it was 8pm. So we were early for an hour. The food was not that fantastic and we paid $1,400 for it. Not a good deal if you asked me. 

My first day of Lunar Chinese New Year was spend between visiting my in laws and my parents. It was a worthwhile time to spend time with parents from both sides. On the second day of the Lunar Chinese New Year, we went to a buffet restaurant called Embu which was the former Melt World Cafe. The place was re-done and rename. I was pleased to learn that the food quality was way better than before. While it is more expensive than JW Marriott which we ate on the last week during my birthday. It was totally worth it.

 

On financial matters, while my multi-sector income fund declared the dividend, it will take time for them to maternalise it. I will do an update once I received the actual payout. For my Pimco Income Fund with Syfe, I had finally invested $5,600 into the account. That would meant that I can withdraw the cash dividend from the fund rather than to reinvest it. Even through I will still be re-investing the dividend received into Pimco Income Fund, I want to know how much am I receiving as dividend instead of them investing into it without me knowing about it. 

 P.s. Not a financial advice. Please treat this as the rambling of an middle age uncle.



Comments

Post a Comment

Popular posts from this blog

Consolidation and review of dividends received from Jan 2025

-
Image
 Dear all,  This is the second month which I am fully committed to the investment of Income funds. As a newbie, I am very confused over the way income was recognized. The key issue was due to the difference in the date between the dividend was declared vs the date the dividend reached the bank. It could take a week or even two weeks for these dividends to reach your bank account.  I revised my dividend income amount for January 2025. Below is my dividend for both GreatLink Multi-Sector Income Fund and US Income Fund. GreatLink Multi-Sector Income Fund GreatLink US Income and Growth Fund   On total, for the month of January, I received $1,038.87. It was a very decent turn. Since I do not need the dividend for the month, I will likely to reinvest these into the Income Funds again. What I am missing here is the dividend from SYFE Pimco Income Fund. The reason being that I had less than $5,000 in the account in the month of January and the only option was automatic reinv...
Read more

My 45th birthday and an update on my monthly individend.

-
Image
Hi my friends,  I just realised that I had been everywhere in the blog. I am not a professional blogger or I am selling anything so I do not think about what I want to post till I am right in front of the computer. Perhaps I should do better planning in the days ahead.  Talking about planning. I think I should set targets but let me sit on it first. My Syfe Pimco Fund was transferred from other Syfe accounts and was fully invested. It seemed to take a week from the transfer of the fund to the purchase of the units in Syfe. To gain monthly dividends payout from the Pimco fund, I would need to invest at least $5,000 into it. Plus the $570 fund invested this week, I had invested about $4,200 into the fund. Yet to see or hear anything about the dividend yet. I will be pushing another $1,000 into the account so that I could get to see the cash dividends. On another hand, for both my income funds which I invested through GE, I had received a grand total of $1,037 dollars ($517 for o...
Read more

Happy 2025 and a new road ahead

-
Happy 2025 to everyone who may read the post now or in the future. This is the first blog I have which I find mean and purpose in. 2024 was not a happy year for me. From a regular check up, the scan found a 5.1cm nodule which turned out to be a thyroid cancer. It was a stage 1 thyroid cancer whereby I underwent a surgery and radioactive iodine treatment. All my cancer cells were successfully removed. What is left would be regular clinic visits and blood tests. With the help of my insurance agent, I was able to make full claim on my early critical illness payouts. It is a nice amount of money even through it is not going to make me rich to retire for good. It was early Dec 2024 when I received the payouts after much questions from the underwriters but I got it. My thyroid cancer was stage 1 so I am healthy to go back to the workforce almost immediately. I sat on the money and started to look at ways I could spend the money. It was tempting and because of all the commitments...
Read more