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.
Tough month. Suddenly fall sick toward the end of month, mess up some of my plannings. Ouch!
Another big dividend month, total payout for the month of September was $5,786.76. This brings the total passive income for the 3rd quarter of the month to a total amount of $21,199.57. This is much more than my projected amount. Rising costs is still a major concerns, our household continue to learn to manage our expenses.
The portfolio remains unchanged. But something unexpected happened. For the first time since I started building my portfolio, the dividend portfolio slide into negative value. As expected, majority of the value losses came from the REIT sector. This is what happens if the portfolio is overly exposed to certain sector. Some 50% of my portfolio were in REIT, so it took a huge punch from the market downturn.
So, should I be panic? Nope. This is expected in the high interests environment. I have been looking for opportunities to divert more into blue chips counter and others for more stability. So, the works goes on.
