I received the first passive income cashflow in 2020 from savings bonds interest, followed by some allowances from SAF for attending IPT sessions. Then comes the dividend payouts from the portfolio. Besides the dividends from Frasers Commercial Trust and Keppel Reit that go into SRS as money that appears locked up as numbers, I have opted for shares in the script dividend reinvestment scheme for Aims Apac Reit.
In total, my passive income in Q1 2020 is $3,192.33. Not a great feat but it certainly covers all my essential expenditures such as food, groceries, telco bills and transport.
$100.50 Saving Bonds (2 Jan)
$20.48 IPT Allowance (10 Jan)
$21.90 IPT Allowance (6 Feb)
$108.00 Ascendas HTrust (10 Feb)
$655.18 UOB FD Interest (17 Feb)
$655.18 UOB FD Interest (17 Feb)
$203.50 Mapletree Com (26 Feb)
$386.00 Cap Com (28 Feb)
$155.50 Cap Mall (28 Feb)
$117.35 Suntec Reit (28 Feb)
$168.26 Frasers Com (28 Feb) SRS
$144.91 Keppel Reit (28 Feb) SRS
$101.00 Saving Bonds (1 Mar)
$101.00 Saving Bonds (1 Mar)
$280.56 Ascendas Reit (4 Mar)
$21.62 IPT Allowance (20 Mar)
$21.62 IPT Allowance (20 Mar)
$707.57 Aims Apac Reit (26 Mar)
The stock markets has rebounded strongly due to the unlimited quantitative easing by the Fed and printing of $2T monies by the US government, after plummeting heavily due to the coronavirus. Locally, we have the Singapore government dipping into $17b of reserves to rescue businesses affected by this virus and sweeten the minds of people before the upcoming elections.
It is impossible to time the market to buy Reits and stocks at the bottom or sell at peak.
I have performed the following transactions to my SRS portfolio - sold off Frasers Commercial Trust, bought ComfortDelGro, SATS and OCBC. Next will be to add on to my existing income portfolio in CDP.
We need to stay calm, take care of our physical and financial health, live normally and grind out this tough situation. I will continue to live frugally, save up and invest in any bear or bull market conditions, slowly and steadily building up an income portfolio to work towards financial freedom and SGD 1m milestone.
The stock markets has rebounded strongly due to the unlimited quantitative easing by the Fed and printing of $2T monies by the US government, after plummeting heavily due to the coronavirus. Locally, we have the Singapore government dipping into $17b of reserves to rescue businesses affected by this virus and sweeten the minds of people before the upcoming elections.
It is impossible to time the market to buy Reits and stocks at the bottom or sell at peak.
I have performed the following transactions to my SRS portfolio - sold off Frasers Commercial Trust, bought ComfortDelGro, SATS and OCBC. Next will be to add on to my existing income portfolio in CDP.
We need to stay calm, take care of our physical and financial health, live normally and grind out this tough situation. I will continue to live frugally, save up and invest in any bear or bull market conditions, slowly and steadily building up an income portfolio to work towards financial freedom and SGD 1m milestone.
Thanks for reading.
With love and peace,
Qiongster
