It's the time of the year again where I try to tabulate all the dividend income received in the quarter and see where I stand in terms of passive income cashflow.
I am terming it as passive income because it's the closest to passive as I can get. Naturally it means having the management takes good care of the company and then we reap in the rewards as a shareholders of what's left in the profits.
I'm also excited because I've geared my portfolio purposefully towards companies that pay out decent amount of dividends so some of them may look slightly lesser geared towards growth but they are designed this way according to what I want it to be.
Ideally, I hope this will one day overtake what I am earning from my active income so it'll give me a peace of mind financially towards having more option on what ......