Financial New Year Resolutions for 2025
Happy 2025! All right good people, I'm gonna skip the generic suggestions, as one can probably chat GPT 'financial new year resolutions' and get pointers such as build an emergency fund, pay down one's debts, start investing etc. Rather given that this blog acts as sort of a personal financial diary for myself, I'm gonna spin some suggestions to myself on what I aim to achieve financially in 2025. Hence, the disclaimer that none of this should be taken as financial advise, as I'm literally 'writing to myself.' 1. Yes boring works. For 2025, I'll Aim to maintain an 80:20 equity-bond portfolio. Critics will either argue that I'm taking too much risk (As the more conservative proponents will argue that my age should be the proportion I hold in bonds. Hence, 33 years old = 33% in bonds) or that I'm taking too little risk, given the relatively long run-way of about 3 decades I have till retirement (assuming I choose the traditional retire age of 6...