Recently, I have lost some motivation in building my Singapore portfolio. After my portfolio value crossed the 100k mark, I kinda lifted my foot off the gas pedal. I am in my comfort zone. I thought I had achieved alot for someone of my age. As a result, my portfolio size has remained rather stagnant in 2012.
For the past few days while I was on leave, I did some deep thinking. Next year, I will be turning 30. I am determined to collect S$1k per month in dividends by then because I want to celebrate my 30th birthday by achieving financial freedom. I want to enjoy my thirties!
Right now, my monthly passive income is around S$700 on average. There is still a shortfall of S$300 per month, or $3,600 per year. I really need to save more and invest prudently. S$700 cannot cover my monthly expenses.
Below is ......