Monthly Financial Updates

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.

Aye.... Christmas coming. Christmas means MORE spending for me. LOL. This month the passive income from dividends amounted to $2,477.01. Amount is definitely lesser than Pre-Covid 19 period. But the projected overall amount is estimated to be better than last year. Signs of recovery? Well, not until this Covid-19 things really game over, I suppose the economy recovery will remain uncertain. Rental income remains stable. Overall passive income for November amounted to $4,286.22.

Household expenses however shoot up to almost $2800. What's going on? LOL. Well, to be exact about one third of it goes to medical bills, Yes, its serious......overall medical bills for the month of November is almost $1000. Singapore does have world class medical facilities but there is a price for it. High standards = high pricing. And there isn't any large subsidies, we have to bear the huge cost of medical services. Pretty scary place to grow old. 

Portfolio remains unchanged, except for gradual increase of war chest. Nothing much happening in the market. Boring isn't it? LOL.

 

Monthly Financial Updates

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

Ho ho ho, it is a new quarter of the year and I can smell Christmas coming. But....with the stubborn Covid still wreaking havoc in our world, it is going to be another cold Christmas. No events, no celebration and no crowd. Well,,,life still has to go on.

October is the last cold month for dividends payout. The month of October only obtained $120 from a small counter in my portfolio. Rental income remain stable. 

Expenses however, continue to increase. Got a shock when I visited a food court and saw the price tag of one of my favorite Malay cuisines Nasi Lemak increased from $3.50 to $5.50. OMG! That was an increase of more than 50%!!!!!! Seriously!!! I think we are in for a long run of combat against high inflation. Ah.... the fate of a small nation heavily depending on food import......

 

 

Portfolio remained unchanged. Not much happening in the market. In fact, it was dead boring. Nothing happening. The portfolio not improving. Hmm, maybe I should start looking at something else. 

 

Monthly Financial Updates

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. 

What is important? Health or money?

Sometime, I wonder which is more important. As I thought about it, age it appeared has an influence on how we look at it through the years.

When we are young, not constrain by the limitation of our mortality. We tend to focus on making money, enjoying what life has to offer. As we started to grow old, our body functionality started to decline as we fought to contain it in various stages. It lead me to wonder, can money buy back the health we have lost?

Maybe some. But certainly not all. Money can buy the best healthcare, help improve well-being. 

But, what about those health issue that has no solutions or beyond the knowledge of the existing health industry. We more or less has to live with it. And more than often, spiritual prayers appeared to be the only console.    

Looking through my life, financially I would say I had done well enough. As for the well-being of it, I m afraid I am very far from it. In fact, I do not see any path leading to it.

Life is short. Enjoy while you can.  

 

 

 

Monthly Financial Updates

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.

Hmm how sustainable my portfolio would be. I asked myself many times through the years. Since the Covid-19 impacts, my portfolio has definitely saw some decline in returns. Some were delisted and wind up in business. Fortunately, these only form a small percentage in my portfolio. Some of the performing companies were able to sustain themselves during the hard times and recover slowly. Those who evolved shall live, those who do not or cannot shall disappear into history. Such is the nature of a cycle.    

This has not been a happy month. A series of misfortunes and domestic unhappiness plagued the household. The wellness being of family declined and few might have wonder where it had gone wrong. For now, we managed as best as we can, and hopefully can stay mentally strong for the tasks ahead. 

Passive income surged as numerous companies pay out for the 3rd quarter. Overall dividend collected amounted to $5,417.84. In addition to the rental income, this brings our passive income for the month of August to $7,227.45.

Portfolio remains unchanged. As funding from both passive and salary income flowed in. My cash holdings continued to grow. 

 

Monthly Financial Updates

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.

Its a cold month for dividend! The month of July was a zero month without any dividend income. Well, after a big bonus on June, July dry out. LOL. 

Although I positioned a Fixed Deposit to cover for this type of cold dividend month, it got carried over to the next month, payment actually only comes in August this time. Ah well, just a few weeks delay anyway.

Rental income remains stable at an amount of $1800.  Added with the DBS multiplier, the month of July passive income amounted to total of $1809.61.

Portfolio adjusted a bit for July as I decided to subscribe to the rights issues of IREIT-Global as the price offered was quite attractive. As an existing shareholder, I was entitled for a certain amount of rights issue which I managed to obtain it at the end of the month. This further increase my holdings in that company. The investment allocated was partly covered by the huge dividend payout in June, so not much changes in my current cash holdings.

 

Monthly Financial Updates

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.

June. Usually a fat month for dividend income. This month of June brought in a huge boast amounted to $6196.10. This is the highest returns since the start of the pandemic. 

Household expenses remains higher than usual due to long term illness medical expense. Well, nothing much we can do about it.   

Otherwise, the rental income remains stable. 

This closed our 2nd quarter with a total passive income of $14,602.38 which amounted to an average of $4867.46 per month. Not bad! Still above the monthly expenses. 

Portfolio remains unchanged as I continue to increase my cash holdings. Nothing much happening in the market anyway. The STI index hovered around 3000-3100.

Boring market isn't it?

 

Monthly Financial Updates

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.

Ouch! Dividend income has taken a hit! Yet again, the impacts of Covid-19 is still pretty much evident. The month of May usually boast a larger amount of dividend. This may take some time to recover. Dividends for the month of May amounted to $2544.86 which is just enough to meet the household expanses. 

Household expanses shot up due to medical expense. It has been a rather unhealthy month as 2 of my household members including myself fell sick. This may escalate to a long term medical commitment. Well, the journey of the aging process. :(

Apart from it. Rental income remains as stable as before. Aye! No delay. No hassle. And no conflicting issues occurred. Pretty impressive for its sustainability in view that it is just a normal HDB flat. I guess a 'quality' tenant counts more than just having high rental income when it comes to sustainability for consistent monthly income.  

 

Portfolio remains unchanged as the war chest continue to increase. The market however took a hit as Singapore experienced perhaps its worst convid wave as the mutated virus wreck havoc all over the nation. For the first time since 2019, community cases occurred as clusters after clusters erupt daily. Naturally. the market didn't perform well as it dropped swiftly in mid May.

 

 

 

Monthly Financial Updates

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.

Its a cold month for dividend, only one counter paid out to an amount of $360. But I had positioned another war machine to cover this cold month. One of the fixed deposits matured and paid out an amount of $1450, a far cry compared to last year. The fixed deposit interest rate has been adjusted down by almost 70%!!!!! The pandemic certainly has hit a huge dent on the entire financial world. Well, I guess we are still good. The rental income remained stable and we could expect it to continue its stability for another year.

Household expense however increased in the month of April due to an increase in medical costs for treatments. Fortunately it was a minor illness. 

 

The allocation of portfolio changed for this month as one of the counters in the Reit- Soilbuild Reit divested and de listed. This increased my cash holdings.

 

The STI index broke through 3200 points. The 3 giant banks UOB, DBS and OCBC moved like roller coaster up the hill. Pity, should have purchase more when it was cheaper last year. Ah well.....

Monthly Financial Updates

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.

This month marked the 11th month of me working from home due to Covid-19, almost coming to one year. As more and more people are getting vaccine, the government starting relaxing some rules on the restriction, look like this working from home arrangements might be ending soon. Well, lets see how it works out.

This month passive income were boast by a larger dividend payout to an amount of  $3564.11. There are signs of recovering in the market, but certain business like tourism are still far from recovering. My portfolio are quite well diversified, so while some are still reeling from the impacts of covid-19, others are recovering enough to enter into positive range. 

Rental income remain stable and looks to remain so for another one more year because the tenants had expressed their wish to extent the tenancy. This will certainly boast our sustainability on rental income for another one more year. Nice! 

This closed our first quarter with a total passive income of $11,575.59 which amounted to an average of $3858.53 per month. Not bad! That is well far above the monthly expenses.

Portfolio largely remain unchanged in allocation with more cash holdings now increasing each month as I no longer need to divert additional funds to pay down housing loan. 

STI is clearly recovering as it broke through 3000 STI. As the market recovers, so does my portfolio which has been on negative for most of the months last year due to the impacts of covid-19 is finally entering positive. As seen from the chart below, if anyone had entered the market during March-April last year, most likely your counters would be in positive path now. Congratulation for those who got it at the right timing. LOL.