Thursday, March 25, 2021

Passive Income in Q1 2021


In the first quarter of Year 2021, I received interests from Singapore Savings Bonds and dividends from Reits in my investment portfolio as passive income.

My passive income in Q1 2021 is $2,372.66 from the following streams of dividends and interests. Not a great feat but they certainly cover all my essential expenditures such as food, groceries, telco bills and transport. Even though I did not keep track of my expenses, I am certain that I spend less than $1000 every month.

$107 Savings Bonds (4 Jan)
$158.88 Ascott Reit (26 Feb)
$113.05 Suntec Reit (26 Feb)
$303.28 Keppel Reit (1 Mar) SRS
$111 Savings Bonds (1 Mar)
$143.85 Keppel DC Reit (8 Mar) SRS
$164 Mapletree Ind Trust (8 Mar)
$167.80 Ascendas Reit (9 Mar)
$278.40 CICT (9 Mar)
$72.10 Mapletree Log (15 Mar)
$656 Aims Apac Reit (19 Mar)
$97.30 Keppel Reit (31 Mar) SRS

Cashflow is king! 

Even though I have achieved the psychological milestone of one million dollars net worth, I am still a work-in-progress towards financial freedom. 

My ultimate goal is to own an investment portfolio valued at one million dollars yielding at least $50k of passive income annually. 

My motto is to live frugally, save up, invest in any bear or bull market conditions, slowly and steadily build up my investments.

I look forward to collecting more dividends as passive income in the next quarter of Year 2021.

Thanks for reading. Stay calm and remain strong as always! Huat ah!

With love & peace,
Qiongster



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