My Art Room is finally up for viewing!

I have been busy. 

After months of preparation, exploring and designing. I finally uploaded my second blog. It took quite while exploring other platform for its features but in the end I decided to use blogger for its simpler features.

https://dreamzolaartisticdomain.blogspot.com

This second blog mainly showcase some of my artistic works in my life. Although I am trapped in a world that do not belong to me with little chance to pursue a life involving in the making of Arts. But that do not stop me from cultivating and honing my artistic skills. You could also view it through a link I created in this blog. 

Arts is a form of creativity and imagination. A vision of what we can shaped in our mind and brought to the reality form in many ways. Even my hobby in miniature assembly and painting required a degree of imagination to visualize the form of end product which I want. The whole process speaks of a long period of patience and persistent to see its final form, which thus form the traits of my investment formula in achieving financial independence.  

For those who have been wondering how on earth I could stay at home for long hours without getting bored. These are your answers. My passion in creating Arts has no limitations. Be it in a form of miniature hobbies, writing, photography and exploring the world around us. And this is the reasons why I wanted to achieve financial independence, so that one day I can put my whole heart into my passion. 

Until then. We wait. 

Patience is Virtue. 

An experiment living a life of being 'Financial Indepenence'. Part 2

We are now 6 weeks into the period of circuit breaker and already starting seeing some crazy people reacting irrationally doing crazy things. Well, I guess these group are social active people who just cannot seem to stay at home at ease with themselves. 

So what have I been doing? Apart from my works, I got more time for my passions. The thirst for knowledge knows no bound, before I finished one idea another inspiration comes. I went into the frenzy process reading every information about the solar system, there are numerous platform to seek for knowledge namely wiki, youtube and countless other articles. As usual, I can read well past meal time or worse....the midnight clock. Ops. Not too healthy.

 

Our human race has just managed to explore the dwarf planet Pluto and Charon in depth when the latest spacecraft flew back the planet in 2019, that really stirred me into reading everything they had found so far. Most intriguing part however are the latest findings on the Moon Titan orbiting around the Planet Saturn, it got almost the same condition as our own Earth except that it has methane sea instead of water sea. LOL. Ok, I guess really a lot of readings for past 6 weeks.

So what has been happening in the market?

Nothing much actually.

As I had mentioned before, the market has stabilized ever since the implementation of government measures. We can expected to see the market hovering around STI 2500 point for a long long time. So, don't bother bombard my phone crying why no climb no increase no rally. Come on, we are still the period of crisis and it could take 2 years to recover from it. 

Will the companies recover? It depend on how strong their cash flow and holdings. Really, cash does matter in whatever period. Whether to survive a crisis, to further grow or pay more dividend. The companies with the ability to make more cash will have more potential to stay sustainable in these competitive world. Recovery and growth takes time, with proper measures and policies. It is not an overnight affairs, some investment may take years to see it bear fruits while some may doom to fail. Prudent is vital, patience is virtue and persistent is commitment. These factors can help minimize the risks of failure but all these will still failed if we lose to ourselves- the human emotion. it is easy enough to become panic or desperate. 

Learn to control ourselves and we will be a step toward a better life. Ok, this apply to diet as well, when was the last time we cut down our sugar or salt intake? LOL.

 

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 status of my financial independence based on the total amount of passive income received.

It's another cold month for dividend payout. But as usual I am not overly dependent on just one source of passive income to stay sustainable. We are now in the second quarter of the year and rolling off with it is a nice whopping start with the maturing of our largest fixed deposit. As I mentioned before, I like to play with fixed deposit maturing period to strategize the placement of its interest payout on the cold months. 

What? No dividend payout? Never mind still got other source of income. 

As you can see, the amount of fixed deposit payout is rather big. Yes, the principal amount is the largest we have in this platform, and the interest rate is quite high. 

The rental income however got revised down to $1300. The lock-down measures has stop all non-essential services in Singapore. Some of my tenants were forced to stay home with no salary income for the month, so to help them relieve some financial pressure, we agreed to lower down the rental for that month. 

It is the period of crisis, let us help each other. 

 

Here is my portfolio update and as anyone can see. I am in trouble. LOL.

My war chest went down to less than 3%. But I manage to increase some holdings in Blue Chips counter. Ahem, at a comfortable price. Don't ask me which one and how much. Different people got different risk level and comfort level. No point asking which promotional item in supermarket to buy from passerby.

At this stage, I am more or less done with my portfolio and will not be adding anymore counters unless the price is very attractive.