Passive Income in Q4 2022 and entire 2022

In a blink of an eye, the year of 2022 is trickling to an end.

I have collected the following passive income in Q4 2022.

$102.50 Savings Bond (3 Oct)

$86.24 Ascott Reit (18 Oct)

$121.00 Savings Bond (1 Nov)

$270.00 Guocoland (15 Nov)

$187.15 Astrea 7 A-1 Bond (28 Nov)

$487.28 Frasers Centrepoint Trust (29 Nov)

$104.20 Suntec Reit (29 Nov)

$131.00 Netlink Trust (30 Nov)

$127.00 Savings Bond (1 Dec)

$285 MPACT (7 Dec)

$279.78 Mapletree Ind Trust as 128 shares in DRP (12 Dec)

$224.80 Mapletree Log Trust (13 Dec)

$942.50 Frasers L&C Trust (15 Dec)

$188.00 ST Engineering (20 Dec) SRS

$774.40 Aims Apac Reit (23 Dec)

All add up to $4,310.85 in 4Q 2022.

My passive income for the first 9 months of 2022 is $16,990.11.

Altogether, my passive income for 2022 is

$21,380.96

This is 35% higher than the $15,807.02 of passive income for year 2021.

The economy and society have largely reverted to pre-pandemic norms, aside from occasionally donning on the piece of cloth on our faces. Most businesses and Reits in my investment portfolio have regained back their revenues and footfalls, resulting in increased dividends across the entire year.

The impact of rising interest rates eroding into the bottom line of businesses and Reits shall be felt in the coming months. Nonetheless, I feel comfortable and confident staying invested while continuing to allocate my savings into growing investments steadily and safe havens such as savings bonds and fixed deposits.

2022 has been a fruitful year overall despite immense noises and fears about inflation, recessions, war and so on. I am optimistic and believe that 2023 will be a greater year despite the looming recession and global economic slowdown. 

Let the Federal Reserve continue to raise interest rates to curb inflation. Let GST increase to 9% in Singapore, Reits to increase rentals and continue paying dividends, more countries' borders to open. As investors we shall continue to accumulate income-producing businesses and assets for more passive income in future. Let us also look forward to the interests from CPF in Jan 2023 soon.

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

With love & peace,

Qiongster