4 months working from home, so what have I been doing?

4 months has passed and I am still confined at home. Am I bored? Actually no, I brought out a lot of things to settle. Working on hobbies that has been sitting on shelf and boxes for years, reading or re-reading some books, reviewing my financial status, reflection on my life and planning for the future. Seriously, I need more time!!!

If anyone managed to visit my Art Room, you will see what I have been working on. An army of miniatures to assemble and paint. All manual works, pure focus and dedicated works. 

And I think I am running out of storage spaces for it. LOL!!! Ah well, someday will dig out some spaces for it.

Books! I got a small library here. Hundreds! But no time to read. Now I am finally starting to read them. Sometime even into the late night.....omg. My readings do not just restricted to books, even magazines like these.

These are quite ancient copies, collected over the years. Oh...I just love geography and history. I always got good results in school for this two subjects, but FAILED HORRIBLY in Mathematics....and yet I am working in Engineering field.....which is why I never manage to perform in this career...ah well,,,,

So what is going on with the market lately?

Nothing.

Yes. nothing at all. The STI index been hovering around 2500 point with little signs of recovering, in fact it might just gets worse. Mainly because Singapore is heavily dependence on international trade and transition. The closing of borders due to the covid-19 proved damaging and perhaps one of the most challenging crisis this small nation has ever experienced. Never before in history that so much of the national reserves was utilized to sustain the economy and helped the needy.     

Although in difficult times, I am still sticking to my plans in neutralizing the housing loan and planning for the future. 

So, what's in my future?

I will be moving on with my life, I had always been wanting to pursue my passion in Arts. I have been busy exploring the possibility of pursuing a discipline in Arts - full time. Oh yes, full time. That would means I will be leaving the employment eventually, and no more salary income thereafter, This is the main reason why I wanted to achieve financial independence, the day may comes when I can finally leave the rat race and pursue my passion.

Well, until then. Stay strong and focus, dare to dream. I dreamed a lot, and still dreaming about the future. :)

 

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.

Its another cold month for dividend income. Only one company pay out in the month of July for a total amount of $174.00. And the bad news is DBS multiplier has revised the interest %, so its much lower now. In view of this Covid-19 crisis, we can expect income from dividend to be reduced in the coming months. This was expected as companies impacted by the crisis need to reserve more cash to remain competitive. Tough time call for tough measures. Rental income however remain stable.

 

Portfolio once again remain unchanged. Market has yet shown any signs of recovery, in fact we can expect the market to remain weak for a long period.