Wednesday, March 31, 2010

My Passive Income (Month of Mar 10)

Here is the summary for month of Mar 10:
CPF(OA): $156 (from interest and dividends)
Cash: $1724 (from dividends and other passive incomes)
Total: $1880
Target: $3000
Achievement: 62%

There are no changes in my passive income 1 and 2.

For passive income 3, there is an increase as I have bought the following dividend shares: Cambridge and Singtel.

For passive income 4, there is increase of $40. However since it is still in the building stage, I will be expecting it to go up and down. In my post "Forget about achieving Financial Freedom if you do not have perseverance or refuse to learn.", I have mentioned that it will take time and effort to build up passive income.

I am in the midst of building my passive income 5, currently there is no income from it yet.

2 comments:

Pinky said...

Hi, I'm curious how you managed to get a passive income of $1724? How much of it was from dividends and how much of it was from other sources? Could you disclose your other passive income streams?

Freedom Achiever said...

Hi Pinky,

You can read under "My Ways to Create Passive Incomes in Singapore"
http://lifelongfreedom.blogspot.com/2010/03/ways-to-create-passive-income-in.html

Regards,
Freedom Achiever

Have you started your journey towards financial freedom?