But alas, given my inactive stocks monitoring and purchase, it's really tough to hit that passive income. It is impossible at this stage for me to hit that goal, but I'll still work towards it.
In any case, I'm 50% there....by counting in interest gained, rebates/cashback and dividends.
Since Jan 2020 to Apr 2020, I've been generating good returns. The breakdown is below.
Jan | $1,485.51 |
Feb | $658.06 |
Mar | $916.53 |
Apr | $789.94 |
Total | $3,850.04 |
What constitutes those returns you may ask? Taking March 2020 as an example, here's my frank sharing of the various sources of income:
1. Stock Dividends
Showing the list of stocks I've in Mar 2020- yup, I'm heavy on REITS.
Company Name | Symbol | Shares | Amt |
CapitaR China Tr | SGX:AU8U | 5,000 | 180.5 |
EC World Reit | SGX:BWCU | 3,000 | 45.3 |
First Reit | SGX:AW9U | 3,000 | 64.5 |
Mapletree NAC Tr | SGX:RW0U | 3,000 | 50.13 |
Total | 340.43 |