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Passive Income Update: October 2015
By My 15 Hour Work Week  •  November 16, 2015
Just when you think we are out of the woods after the remarkable recovery in October, stock markets have plunged in recent weeks. Our portfolio actually suffered a 4% drop in value, decreasing from $151,000 to $145,000. The performance of Kingsmen, a big part of our portfolio, was the main culprit as the stock declined by almost 10% just the past month alone. As for other assets, we actually subscribed to $10,000 worth of November’s SSBs, which proved to be an inspired move with December’s launch. 2.78% vs 2.44%! A big drop in yields within a month! To me, that’s a REALLY big difference and therefore, it’s not surprising to know that we are giving Dec’s bonds a pass. If the recent launches were considered lukewarm, I really don’t know what is to be expected for this latest launch. And just to prepare you in advance, posting frequency will reduce ......
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By My 15 Hour Work Week
Hi, I am Thomas (a.k.a. Mr 15HWW) and I am in my early thirties. Very happily married (very strong emphasis here), I am the co-writer behind this blog. The other permanent writer is my wife Jasmine who has written two blog post so far (good luck searching for it here). But well, her contribution goes far and deep since she thinks she is actually the mastermind behind the rest of the other post ...
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