Another year has past and it has been quite a journey. I recalled my first portfolio post in July 2014 had just S$ 47,765.00 invested. The start of 2015, I was looking at a portfolio of S$72,500.00 (invested).
Now, the start of 2016, I am st S$120,100.
Read: December 2015 Portfolio Update - Growing my Passive Income
With that, my goal in 2016 is to continue to grow my monthly passive income towards the S$900-1000 mark.
Based on the projection from the dividends given in 2015 from the counters I am holding, I should receive a total of S$6,300 in 2016.
Apart from the dividends, I received S$1,500 from bank interest in 2015. If my emergency funds are not touched, I am looking at the same amount from the interest.
Read: Higher Interest on your Money
S$7,800 (estimate) from dividends and interests and that will work out to ...