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.
A fat month, with 4 sources of passive income total amount to $7,732.18. This brought the total passive income for the 3rd quarter to an amount of $16,769.24, average $5,589.74 per month. Not too bad. Ah..... still, the income from dividend is much lesser than projected. The situations surrounding the businesses due to the impact of Covid-19 is still pretty much evident. Household expenses are expected to increase as the prices of essential items such as food and groceries continue to increase. Eh..........the never ending war against inflation.
Not much changes on the portfolio. A small counter in the portfolio has just diversified and cashed out, added into the War Chest. Although the market started seen some recovery in the early month, the deterioration of the Covid-19 cases forced Singapore into again strict restrictions, not much in view for any fast recovery of the market. Some analysis even speculate a possible downturn of the market in October. Well, lets see how it goes.
