Passive Income in 3Q 2023 and 9 months of 2023

Almost 3 quarters of 2023 have whizzed by with a blink of an eye.

Let me provide a quick update on my passive income for 3Q 2023 and first 9 months of 2023.

From 1 Jul to 30 Sep 2023, I collected the following dividends.

$122.50 SSB (3 Jul)

$145.87 SSB (3 Jul) SRS

$372.62 Mapletree Ind (6 Jul)

$576.00 Aims Apac Reit (20 Jul)

$90.00 SSB (1 Aug)

$524.45 UOB (18 Aug)

$192.00 DBS (24 Aug)

$1,800.00 OCBC (25 Aug) SRS

$222.24 Ascott Reit (29 Aug)

$86.95 Suntec Reit (29 Aug)

$90.00 Wilmar (30 Aug) SRS

$157.80 Ascendas Reit (31 Aug)

$145.00 Comfortdelgro (31 Aug)

$298.45 IREIT Global (31 Aug)

$188.00 ST Eng (31 Aug) SRS

$270.65 SSB (4 Sep)

$138.00 SSB (4 Sep) SRS

$136.74 Mapletree Ind Trust (5 Sep)

$300.18 Keppel Reit (8 Sep) SRS

$404.08 Keppel DC Reit (14 Sep) SRS

$327.00 MPACT (14 Sep)

$954.00 CICT (15 Sep)

$407.40 Mapletree Log Trust (19 Sep) DRP 244 Shares

$178.50 Aims Apac Reit (22 Sep)

$205.10 Capitaland China Trust (25 Sep)

$42.00 OUE Limited (28 Sep)

The total amount of passive income in Q3 2023 is $8,375.53, an 18% YoY increase from Q3 2022's $7,086.93.

Together with the $13,466.19 passive income in the first half of 2023, my passive income in the first 9 months of 2023 is

$21,841.72

On track of achieving my target of $22k passive income for 2023.

Time in the market beats timing the market. In the long-term, I am happy to remain primarily invested locally in SGX for passive income, while having a little exposure to US tech stocks for some growth.

My ultimate goal is to own an investment portfolio valued at one million dollars yielding at least $50k of passive income annually. Currently, I am at about half of the journey as my SGX income portfolio and SRS ultra long-term portfolios are valued at around $500K and dividends are projected to be around $25k or more for this year.

My motto is to live frugally, save up, invest in any bear or bull market conditions, slowly and steadily build up my investments in stocks, Reits and risk-free government bonds.

I look forward to collecting more dividends as passive income in the final quarter of Year 2023.

Thanks for reading. Stay focused and remain steadfast as always! Huat ah!

With love and peace, 

Qiongster