Saturday 1 July 2023

This monthly report does not include any 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. 

Things appear to be moving toward chaos!!!! Ahem. Just kidding. :). The global situation still remains unclear, and no signs of economic recovery. In fact, the way I see. It is just holding on on itself from collapsing. There seem to be no good news nowadays. Gloomy period isn't it? Well, life still goes on. At least, at individual level we have to try to get things moving toward our direction. If we let everything be, and ended lead by nose by others. We will may lose the direction. 

Passive income for June was $6,368.17 which was much more than I thought. The portfolio review which I have done previously appeared to have pay off well, leading to a more consistent returns, This is the element which I wanted to achieve for my portfolio. Sustainability leading to consistency in monthly returns which may one day replace my salary.  

Would that be enough for retirement? It depends. Adjustments will comes naturally when you become aware that you are no longer relying on fixed income salary, and earning lesser than before. This is the mindset which all should cultivate before pressing the 'THAT'S IT' button. LOL.

Portfolio remains unchanged, with gradual increase in cash holdings. The wait goes on.................zzzz