Passive Income in 2Q and 1H 2024 Exceeds $15k!

Between 1 Apr and 30 Jun 2024, I collected the following dividends.

$302.17 SSB (1 Apr)

$340 Frasers Centrepoint Trust (2 Apr)

$324 DBS (19 Apr)

$463.50 SSB (2 May)

$850 UOB (9 May)

$188 ST Engineering (14 May) SRS

$165 Wilmar (14 May) SRS

$188 Comfortdelgro (15 May) SRS

$540.54 DBS (20 May)

$2100 OCBC (21 May) SRS

$126 OUE (24 May)

$185.12 Astrea 7 A-1 PE Bond (27 May)

$212.64 Frasers Centrepoint Trust (30 May)

$75.55 Suntec Reit (30 May)

$530.91 SSB (1 Jun)

$188 ST Eng (5 Jun)

$458.00 MPACT (6 Jun)

$504.84 Mapletree Ind Trust (10 Jun)

$132.50 Netlink Trust (12 Jun)

$1044 Frasers L&C Trust (18 Jun)

$829.50 Aims Apac Reit (24 Jun)

$461.32 Mapletree Log Trust (26 Jun)

My passive income in Q2 2024 is $10,209.59, a 25% YoY increase from Q2 2023's $8,130.21.

Together with the $6,471.90 passive income in Q1, my passive income in the first half of 2024 is

$16,681.49

At $2,780/month on average, I am contented that my passive income is able to cover most of my basic necessities and essential expenditure. 

I hope to collect more passive income in 2H 2024 to boost my depleted war chest, while staying on the lookout for great investment opportunities for letting the compounding effect do its magic.

My ultimate financial freedom goal is to own an investment portfolio valued at one million dollars yielding at least $60k of passive income annually, or $15k of passive income quarterly. I hope my passive income can hit $30k for 2024 then I will be halfway there.

I shall continue to live frugally, save up, invest in any bear or bull market conditions, slowly and steadily build up my investments. Ignore the fears, noises, distractions. Remain focused and stay on track in the journey towards financial freedom.

After slogging half a year without any break, I am packing my bags and will head to the airport soon for a dividend-funded "free" trip to China today.

Thanks for reading.

With love & peace,

Qiongster