Friday, October 30, 2009

My Passive Income (30 Oct 09)

I have done a detail calculation for the passive income from OA. It works out to be about $150. I will keep the remaining money in my OA account to earn 2.5% interest. I will use this money to invest again if the STI drop to 2400 and below. My house monthly payment is $400, so minus away $150, I just need to pay $250 per month.

For my cash, I will not be targetting any Singapore Shares. I am interested in the China A Shares ETF which is going to launch soon. I will slowly invest in this ETF. I will do up another post why do I want to invest in this China ETF.

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