Monday 1 April 2024

Monthly Financial Updates

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.

We renew our tenancy contract with our tenants for another year. The rental was revised to $2,200 starting in April. Just a little bit more to cover the rising inflation. Actually, base on the statistics ours rental is much below the benchmark, but we are not so dependent on rental income anyway. 

Dividend income gets a good boast amounted $6,936.90. This brings a nice end to the 1st quarter of the year 2024 with total amount of $15,696.66, that is an average of about $5050 each month. Not bad, hopefully this can keep up. 

Nothing much happening in the market. Cash holdings gets a good boast. People talking about a possible recession coming in this year. Well, let's see how it goes.  


 

Friday 1 March 2024

Monthly Financial Updates

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.

Nothing much happening for the Chinese New Year period, except some adjustment to my plans to maintain a healthier lifestyle. The dividend income amounted to $1,536.74, a slow start for the year. The total passive income for the month of February amounted to $3,613.37, which is still more than our monthly expenses. So far so good....

Again no changes to existing portfolio, cash holdings continue to grow as I wait for the opportunity. Slow...........


Saturday 3 February 2024

Monthly Financial Updates

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.

A rather busy month and an important month. I finally cleared my housing loan. Now, I am debt-less. Ah.......the feeling......

January is a cold month, dividend income amounted to only $141.99. Well, passive income mostly boast by rental and other investment income. This brings the passive income received in January to a total amount of $3074.62. Just enough to cover the household expenses.

Sold off some stuffs. So the war chest gets some boast. If recession comes, this may present an opportunity for some purchase. So, we wait.


Monday 1 January 2024

Monthly Financial Updates

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.

I got stuck down with Covid. Suffered nearly 2 weeks. Luckily it was not serious and I managed recover before Christmas.  :(

The year 2023 ended with good returns. The dividend for the month of December amounted to $5,466.65. This added with the rest total up to $7,590.26. Expenses however shot up to 3k plus, bought some new furniture and........added up medical bills. :(.

This brings the total passive income for 4th quarter amounted to $15,138.28. That's about average 5k per month. Hmm not too bad.

Portfolio remains unchanged. Nothing much happening in the market. Boring................