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.

Wow, another month breeze passed. And its December, the last month of the year. The month of November has been rather eventful, suddenly I was washed with plenty of innovations and ideas to do something different. LOL. The brain overactive. Ops. Enough blabbing, lets review our finance for November.

Dividend income has lessened in the mist of the covid situation. Payout from several companies has been reduced. Total amount received was $2,765.49, almost 30% less than the projected amount. Well, it is more than our monthly expanses. Rental income remain stable. 

Portfolio remains unchanged with no addition of any counter. As such, my cash holdings continued to grow and reached 5%. And it appear that I will not be adding anymore in near future, because Mr Market has begun to climb back up the slope.

After almost 6 months of weakness hovering around STI 2500s. Mr Market begun to recover in November climbing up the slope to as high as STI 2900. With the recovery, my portfolio also begun to regain some positive results. As I mentioned before, the market eventually will recover. It is just a matter of time. 

Still, there is no improvement in the pandemic around the world. Until then, border crossing and businesses will still be affected limiting the recovery of Mr Market.