Friday 4 October 2019

Monthly Financial Updates

This monthly sustainability report does not include any of the salaried income. The basis for this monthly financial review is to gauge the sustainability of the status of my financial independence based on the total amount of passive income received.

The month of September was a small harvest month for dividend income. Total dividend received for the period between January - September was $26,422.81. An additional income for this month was the Fixed Deposit from NTUC. 

Expenses for this month shot up again due to the purchase of a new computer. Overall estimated expenses amounted to $3171.55. All expenses are generally rounded off to nearest high for calculation. 


Overall portfolio allocation changed little. One trading was done, I sold off all of ESR Reit as part of the on-going effort to balance the portfolio. This move was meant to reduce my overall exposure to the Industrial Reit sector. Cash holdings increased while the allocation on Reit reduced sightly. Mr Market continued to stay stagnant with little movement. 


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