Sunday, 3 November 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 October was a cold month for dividend collection. Only two counters paid out dividends for this month. Total dividend collected for the period between January-October amounted to $26,747.81. Rental income remained stable.

This month was graced with subsides from Government which lowered down the utilities bills and town council fees. But wellness expenses went up due to reoccurring illness, judging from the condition of it, it shall be a long term commitment. Not too motivating when ones is not blessed with good health isn't it? The financial drain on wellness expenses is one of most challenging aspects in Singapore with high medical costs. Well, life has to go on. 


No trading was done for this month. Overall portfolio remained unchanged. Cash holdings continued to increase with dual income from salary and dividend.

 

No comments:

Post a Comment