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.
Ouch! Chinese New Year around the corner. But it is going to be rather boring festival season due to the unending pandemic. Crowd are restricted, events are cancelled...blah blah blah. Well, life still goes on.
Once again, it is a cold month for dividend. Only one company paid out dividend for the month of January, amounted to $510.00. Because the fixed deposit matured last month, it paid out one month earlier than I expected. I had previously positioned the schedule in such way to cover the cold month to ensure some form of consistency in monthly income. Rental income remained stable.
As the pandemic still running sore all over the world, the economy remains weak. The market however has begun to recover since November, it has seen some downturn, but overall the STI Index remains at 2800. Most of the blue chips has seen some recovery in prices especially the bank stocks.
It is unlikely I will be investing anymore in current market, so I will be focusing now in increasing my cash holdings and wait. Should the market sees another downturn, I want to be in a position to seize the opportunity.
