Sunday, January 31, 2010

My Passive Income (Month of Jan 10)

Some updates on my passive income in the month of Jan 10. There are no changes in my passive income 1, 2. For passive income 3, there is any increase of $26. For passive income 4, there is an increase from $100 on Dec 09 to $160 on Jan 10. Yes, it has increased 60%. However since my passive income 4 is still in the building stage, I will be expecting it to go up and down. I will be starting my passive income 5 from Feb 10 onwards. I am very sure what I want to do for my passive income 5 after brainstorming for a month.

Here is the summary for month of Jan 10:
CPF(OA): $147 (from interest and dividends)
Cash: $1616 (from dividends and other passive incomes)
Total: $1763
Target: $3000
Achievement: 58%


Eric See said...

share what is ps 5?

Freedom Achiever said...


Will tell you when I have succeeded.

Freedom Achiever

Thorondor said...

is it better to invest in stocks (long term) with high dividends to earn passive income or use that money to trade for capital gains?

Freedom Achiever said...

Hi Thorondor,

It is depend on your objective. For me, I am looking at building up my wealth slowly. With this objective, investing stocks with high dividends is more suitable for me.

Freedom Achiever

Have you started your journey towards financial freedom?