Monday, 3 August 2020

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.


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