Passive Income in 1Q 2025 Exceeds $6k

   

The first quarter of 2025 is drawing to a close.

While I am grateful to be a wage slave having collected 3 months of salary from work, I am actually not happy because active income is derived from trading time for money, seeing bosses' faces, dealing with crappy work portfolios and worse of all, taking a toil on my mind, soul and body and being taxable.

Real joy emanates from passive income streaming into my bank account automatically from doing nothing, other than owning a tiny piece of income-producing cake such as properties, businesses, REITs or stocks. What’s best? Dividends are tax-free.

For Q1 2025. my passive income from Singapore Savings Bonds, stocks and Reits in my investments are as follows:

$544.50 Savings Bond (2 Jan)

$147.50 Savings Bond SRS (2 Jan)

$377.40 Savings Bond (3 Feb)

$326.64 Keppel DC Reit (10 Feb) SRS

$355.00 Ascott Reit (28 Feb)

$78.50 Suntec Reit (28 Feb)

$299.55 Savings Bond (3 Mar)

$138.00 Savings Bond SRS (3 Mar)

$400.00 MPACT (7 Mar)

$768.10 Ascendas Reit (11 Mar)

$438.24 Mapletree Log Trust (13 Mar)

$527.73 Mapletree Ind Trust (14 Mar) DRP 249 shares

$90.09 Keppel DC Reit (17 Mar) SRS

$289.83 Keppel Reit (17 Mar) SRS

$674.65 CICT (21 Mar)

$840.00 Aims Apac Reit (26 Mar)

$282.14 Capitaland China Trust (27 Mar)

$295.16 IREIT (27 Mar)

Altogether they amount to $6,873.03.

As the dividends payout of most REITs have dropped, there is only a 6% Year-on-Year increase from my passive income in Q1 2024 of $6,471.90 

While the allure of readily available cash is undeniable, my primary focus remains on building sustainable passive income. I highly value this approach, particularly due to the minimal effort required and the tax-free dividends in Singapore.

My strategy is simple: maintain a frugal lifestyle, consistently save, and invest prudently through all market cycles. This disciplined approach is my pathway to financial freedom.

My ultimate goal is a $1 million investment portfolio generating at least $50,000 annually, or $12,500 quarterly, in passive income. Though I'm currently working towards the halfway mark, I'm optimistic about the potential for more passive income throughout the remainder of 2025.

Thanks for reading.

With love & peace,

Qiongster