Monthly Financial Updates

This monthly report excludes any salaried income. The purpose of this financial review is to assess the sustainability of my financial independence, focusing solely on the total amount of passive income received. As of 2024 September 1st, I have officially activated my FIRE journey, meaning I am no longer receiving a salary from a traditional job.

Well, Chinese New Year has come and gone, and it’s a new month again. Things are moving faster for me as my own projects have started to fast-forward into Stage 2. But… I still estimate it will take around 4–5 more years to complete—if it works out.

Dividend income has begun for this month after the cold month of January, amounting to $1,760.73, which is somewhat lower compared to last February. Rental income remains stable, as it is set for another one-year renewal.

 

The war chest has reached 25%. The lack of salaried income has slowed down its buildup. The wait is still ongoing.

 

 

Monthly Financial Updates

This monthly report excludes any salaried income. The purpose of this financial review is to assess the sustainability of my financial independence, focusing solely on the total amount of passive income received. As of 2024 September 1st, I have officially activated my FIRE journey, meaning I am no longer receiving a salary from a traditional job.

16 months since I exit the workforce. Life........been very very very busy..... I should tone down...but why I got endless stuffs to do.......? LOL.

With Chinese New Year approaching, many of my friends are in panic mode. LOL. Well, not me, I don’t celebrate Chinese New Year.

Still, some expenses are expected in the coming weeks as the doomsday approaches.

So, it’s a cold month for dividend income: only $184.38. Rental income, however, is holding up for the month of January.

 

The portfolio remains unchanged. Not much has been happening locally, except that retail sales have not been doing well, with several old-timer retail shops ceasing operations. This may impact retail REITs.

Some high performers, like the three local banks, are on a mad run, pushing prices up. But as usual, I wait.

 

 

Monthly Financial Updates

Well, a new year.

It doesn’t really feel like a new day of the year, though. Ah… well…

The last dividend income for 2025 amounted to $5,609.75. This brings the final quarter of the year to $14,872.38, which works out to an average of about $4,957 per month. Slightly lower than usual, but expenses are kept low, so everything is still in order.

So, what’s next for this year?

Some are expecting a correction in the market. The stock market—especially blue chips—has been going up like mad. For the first time, I’ve seen a major bank like DBS break the $50 price level. I sense a throttle point coming at some stage. For now, I’ll be holding back and sticking to the existing approach until I see something else.

 

The REITs sector was slightly reduced as the latest REIT, Fraser Hospitality, was removed from my holdings. Cash reserves are still increasing slowly despite losing the consistent inflow from my previous daytime job. The watch is still on.