Above is the progress of me reaching my targeted financial goal for September 2020. As you can see from the chart, the total value of my financial assets have grown by 1.49%. The main driver for the growth comes from the dividends I have collected from the stocks in my portfolio this month. Besides that will be my monthly regular contribution to the insurance savings plan and Supplementary Retirement Scheme account.
Last month, I mentioned that I have opened a Forex account. I have included my minor investment into Forex into the financial assets that I am tracking. I have made a profit of 8% upon return of investment.
The total financial assets I am currently tracking are:
- Insurance savings (NTUC RevoSave, Singlife, Dash EasyEarn)
- Savings accounts (POSB, OCBC, CIMB)
- Singapore Savings Bonds
- Current value of my stocks
- Forex
- Supplementary Retirement Scheme
I have collected the dividends from SPH REIT (18 August), Singtel (18 August), CapitaMall Trust (28 August), ParkwayLife REIT (2 September) and OUE Commercial REIT (11 September). I shall also be receiving the dividends payout from Manulife REIT on 25 September 2020.
In September, I have collected the following interest payout from the Singapore Savings Bonds I have bought every month over the years.
- Sep 2017 (GX17090X)
- Sep 2018 (GX18090T)
- Mar 2019 (GX19030Z)
- Sep 2019 (GX19090H)
- Mar 2020 (GX20030Z)
I shall continue to build multiple streams of passive income.
Hi,
You are almost halfway to the your target. Kudos to you.
WTK
Hi firewtk, thank you. Still a long journey to go.