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.

Inflation getting crazy here in Singapore, and it led me to rethink my existing financial position. In the past, a half a million portfolio might have been sufficient but now...it appear..... I would need to review it further to match the rising expenses.

Dividend income amounted to $4,267.99. The market slowly recovering but still no where near the pre-pandemic period when I was getting much higher %. Well...life goes on. Rental income remain stable. The DBS multiplier has been performing poorly since the outbreak of covid-19, and it is unlikely it will ever regain its prime. So, I'm thinking now of diverting the funds in this platform to somewhere else. 

Total passive income for the 2nd quarter amounted to $16,050.78. That's amounted to an average of $5,350 per month. Hmm, not bad. :)

 

Ops, something finally changed. Aye.............the war chests becomes smaller in %. I bought something during a brief weakness of the market. And the results is.....my portfolio gets bigger. So...what did I buy?  Secret,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,..:)

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.

Many things come to my mind in May, I re-arranged my house for a new refreshing look. Getting bored with its old layout. LOL. Life is too short to stay unchanged for long, sometime a little of adjustment is good for refreshing our life just a little bit. 

A fat month. Dividend income amounted to $4342.81. Some of the counters especially the tourism sector still not recovering, I might consider diverting the funds somewhere else. Hmm....

Rental income remain steady, one of our fixed deposits matured and gives $1050 which a lot lower than last year. Another impact from the effects of pandemic. 

This brings the total passive income of May to $7,401.92. Well, still going well and steady. The passive income remains sustainable despite getting hit by 2 years of pandemic.

 Portfolio remains unchanged. War chest increasing well. Waiting for an open of opportunity from Mr Market :).

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.

WO HOR. Singapore opened borders, relaxing pandemic rules. People are everywhere now. After 2 years of war against the pandemic, it seem we are finally having some breath of air. I even saw people having BBQ in the park. Well, let's us hope the war is really ending. Somehow....

A fat month. While I'm getting only $360 dividend from a counter in the month of April. A merger of two REITS dumped a load of cash into my pocket fattening my cash holdings further. Well, as this is a one off event, it will not be counted toward the monthly passive income.   

Apart from it, the revised rental income is now increased to $2000 due to an additional tenant. Well, some increase in the monthly passive income to cover the crazy inflation. 

Expenses has somewhat reduced, mainly because we didn't get to seek much medical attention. The supplements products appeared to be finally working to help reduce the need to rely on medication to control our existing medical conditions. Hopefully it doesn't get any worse. 

Portfolio changed a little bit with the merger of two REITS in April, this further increase my cash holdings and increase my exposure to industrial REIT.

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.

The inflation is gaining strength as the world continued to be impacted by pandemic and Ukraine wars, rising oil prices.

A month of several changes. Firstly we managed to renew the tenancy for another 18 months, and rental was further revised to $2000 to cope with the rising inflation. Dividend for the month of March amounted to $4959.58, much higher than I expected. Total passive income collected for the 1st quarter of the year amounted to $12,524.97, that is an average of around $4100 per month. Not bad. 

Portfolio remains unchanged, not much things happening in the stock market. So, the cash holding 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.

A short month, and a bit healthier month with less expense on medical costs. Singapore medical costs is a serious drain on resources!!! That is why we got an old saying here, you best die rather than get sick. LOL. Ahem,,,, excuse me.

Passive income somewhat lesser for the month of February, dividend income amounted to $604.32. Rental income remain stable, no hassle no delay in payment. Good tenants. :)

Portfolio adjusted for the month of February as I diverted some resources and purchased a newly listed company. So which stock I purchased? Secret............................heehee.

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.

Chinese New Year just ended today. Theoretically, it is supposed to last another 2 weeks but that doesn't happen here in Singapore. LOL. And with the effects of the pandemic still going on, it is even more quiet than usual. I didn't step a foot outside during the holidays. Ouch, boring isn't it. Cough cough....

January suppose to be a cold month for dividend income, but rather surprisingly a few companies paid out on January, total amount to $2434.89. This is also added with other streams of passive income, rental income $1800 and fixed deposit $905.  Total amount to $5149. Not bad for a new start in the new year.

 

 

Portfolio as usual remains unchanged with the gradual increase in war chest.  A sleeping giant building up its strength. LOL. Just kidding. Nothing really happening. Happy New Year!!

 

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.

Holidays over!!! 

Well, back to work. LOL.

Closing for Year 2021 December passive income and expenses. Expenses went down a bit as nothing went wrong in the household. Hmm, thinking of changing a new laptop..........ah.....maybe next month. LOL.

Dividend income amounted to $3,872.64, added with the rental income of $1,800 brings the total amount for 4th quarter to $11,902.28. This average to an amount of $3,967 per month. Not too bad, still more than the average monthly expenses. Hopefully, dividend income can recovered as the pandemic situation becomes better. I hope..........:).

Portfolio as usual change little apart from increasing cash holdings. Nothing much happening in the stock markets. In fact, it is too quiet. LOL. I am guessing most of the players had gone over to play cryptocurrency. 

 

The year end resolution- Exploration

 Another year ending. Year 2021 has been eventful, marked with several changes and adjustments. 

My financial blueprint has more or less met its goals and targets. Firstly, my CPF combined amount has finally attained the retirement cap. Ironically, this was not achieved through my salary income, I did not do any voluntary cash top up, and there was not enough amount in my OA account to transfer to SA as I have to service my housing loans. Some 30% of of the SA amount was actually gains resulted from my 15 years of investments. When the government liberated the CPF special accounts (SA) to be used for investment, I dumped almost the entire volumes in my early 20s in several investment platform and forgotten about it. By the time I reached 42 years old, I decided to pull everything back into the CPF account. If I had not done so in my 20s, likely would need another 5 years to attain the cap purely through salary income. 

The housing loan has been neutralized to a comfortable amount where the existing CPF can now pay on its own without digging into my cash holdings. A long journey indeed. At least for now, I can sleep better without seeing a frightening high housing premium wiping off my monthly CPF. LOL.

Passive income has seen some huge drop last year by 30% for dividend income and one of the mechanism the DBS multiplier scheme no longer generate high interests return as before. Year 2021 proved to be a roller coaster year with the pandemic still causing havoc across the world with new waves of mutated virus. Most companies remained prudent to stay sustainable in tough time. Dividend income for year 2021 has recovered some 10%, not too bad in view of the seemingly unending chaos caused by the pandemic. For dividend income platform, it is unlikely there will be any changes to my existing approach.     

I started exploring a new platform in cryptocurrency. it has been gaining a lot of media attention lately and several trading platforms appeared in the market. To be honest, I have always been skeptical for this platform as I was more focused in dividend and the traditional rental income. As I studied and learnt about it, more and more cryptocurrency investment platforms emerged into the market offering better tools and methods. Just recently, I got my own first account in a platform in cryptocurrency and gotten some...well.....free cheap coins from it. A new journey begins, year 2022 likely will be a year of exploration into this new platform to use it as a alternative investment path. 

Apart from these financial journey, I started taking up short courses to get myself busy. Mostly enrichment courses and others to get connected with some of my childhood dreams. There has been several childhood wishes in my list, and I decided it is time to start fulfilling them one by one. I am getting older and less healthy, I felt I do not have much time left in my life, I decided that I do not want to leave too many regrets in my life. So, It is to start experience different thing.

So what did I learn? Well. I had some childhood dream about studying in NAFA (Nanyang Academy of Fine Arts). Yes, I am into Arts. But I wasn't privileged in my life to pursue a profession in Arts. But I can at least do it as a part of hobbies. So I went NAFA studied watercolour painting for about 4 months and graduated in December. It has been a good experience. I also went learnt Zither music course, unexpected isn't it. LOL. I managed to learn to play around 4 songs.   

So whats next?

Hmmm, gonna continue to stay healthy and explore more around me. Who knows, some hidden paths waiting somewhere out there for me to discover. Life after all is a path of discovery. Why wait until dying on bed then start wondering whats happening outside the window.

 

     

Christmas Orchard 2021

Another year passed. And......the pandemic still wrecking the lives off people. Ah....well....life still goes on. 

Not much Christmas mood this year. Lighting and decorations are simple as last year. 

Paragon Orchard

 

Street Decoration

The entrance

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.