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.
The month start with the gradual re-opening of businesses. Whether will things start improving or not we shall see. This month expenses are still low as usual, except for some medical bills. Ah....the journey of growing old....
Most of the companies delayed the payment of dividends, as such the month of May which usually boast the largest portions throughout the year was lower than before. Dividends received for the month of May was $2242.09.
However, our rental income got revised up for this month due to the entry of one additional tenant. Maybe we agreed to lower down rental for the last two months to help them tide over circuit breaker period send a good impression around the people. Well, I guess good reputation do attract business.
Market rebound this week as we enter the phase 1 of the circuit breaker. STI rebound to 2700 points on Wednesday.
Will there be a rally? I don't know. lol.
It doesn't impact me whether rally or not anyway. I am committed to hold long term, if rally do comes early, well good lor. If it doesn't, I wait. But if really want my opinions. I would say very unlikely. The whole world still reeling from the impact of Covid-19 and anytime will explode again, hardly in a good position to boast a rally.
Portfolio remained unchanged, except my warchest recovered back to over 3%. But with the STI now recovering, I may not be adding anymore to portfolio.
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