Objectives of this blog:
1) Plan for my retirement.
2) Journal my way to financial freedom for my family and me in Singapore.
3) Share my financial knowledge and wealth management in an easy to understand way.
My current aim is to generate a passive income of $3000.
Friday, May 28, 2010
My Passive Income (Month of May 10)
Here is the summary for month of May 10:
CPF(OA): $187 (from interest and dividends)
Cash: $1718 (from dividends and other passive incomes)
Total: $1905
Target: $3000
Achievement: 63.5%
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: SingTel and Starhub
For passive income 4, there is decrease of $77. 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.
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