facebookWith the year coming to an end, I was wondering how everyone did with their own financial resolutions for 2019? - Seedly

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Anonymous

20 Dec 2019

SeedlyAMA

With the year coming to an end, I was wondering how everyone did with their own financial resolutions for 2019?

If you succeeded, what are some things you did that allowed you to succeed? and if you failed, what are some things you think you could have done better?

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Cedric Jamie Soh

20 Dec 2019

Director at Seniorcare.com.sg

Financial Resolution 2019 was horrible for me. Thanks for the question for me to reflect on my financials.

  1. I broke my rules and sold off all my SG stocks for a business venture

  2. Oops. i broke my rules again and sold off all my USA stock and funds to fund another business ventures.

I am now waiting for both business ventures for a better 2020. Seriously not a very financial prudent thing to do. Emptying my retirement funds for 2 businesses... Its quite stressful.. .and yet liberating. lol

I do hope that 2020 will be that year I can rejoice.​​​

I didn't do anything with my portfolio and basically just sat and collected dividends. Should have bought some banks stocks, but I wasn't paying attention to the price. Otherwise I think I did okay.

Honestly, I entered 2019 without much financial resolution as i'm new to adulting so #YOLO my way through. But soon I realised the importance of having proper financial education.

So best financial decisions of 2019:

  • Starting out my cashback journey

  • Dipping my toes into the miles games

  • Reading more arduously into the insightful Seedly content - from how to maximise savings to off-loading expenses with rewards/cashbacks/miles to learning more about investments

Cheers to an amazing 2020 together with the Seedly community!

My financial resolution was actually very basic - don't go into debt. That's because I knew my savings were going to take a hit this year, with 2 major items coming up (I'll leave you to guess what they are) and I think to that aspect I have done well and been financially prudent as much as possible.

I did well! And why,

  1. I minggle around with light minded investors out there.
  2. I tried my bes...

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