Invest
Monthly passive income hits S$1,000
By Finance Smiths  •  April 26, 2016
I have been tracking our monthly dividend and interest income since 2015 and only started posting the figures from Jan 2016 on this blog. This is exciting for me to write because I just realised our monthly passive income has exceeded S$1,000 in Apr 2016. First milestone reached! We received a coupon payment from one of our corporate bonds and dividend income from our index ETFs and shares in one of the telecommunication services companies we are invested in. Together with the interest income from our bank accounts, our monthly passive income has hit S$1,000 for the first time. I have been tracking our average monthly passive income for 2016 and it might end the year at S$800. I guess the second milestone would be for this to reach S$1,000 as well by 2017. Currently, our average monthly expenses (taking into account all types of costs) is about S$6,000. I just realised we have to ......
Read the full article
By Finance Smiths
Late 30’s couple with 2 small kids living in Singapore writing about our financial progress as a family.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance