Wednesday, June 30, 2010

My Passive Income (Month of Jun 10)

Here is the summary for month of Jun 10:
CPF(OA): $190 (from interest and dividends)
Cash: $1800 (from dividends and other passive incomes)
Total: $1990
Target: $3000
Achievement: 66.3%

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

For passive income 3, there is an increase. I have sold all my 15 lots of SingPost shares for a profit and I have bought 7 lots of Starhub shares this month. I also have bought 2 lots of Singtel shares.

For passive income 4, there is increase of $15. 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.

3 comments:

chillyred888 said...

hello,
i like your blog and wanting to build up my passive income by investing into dividend shares too.

could you share how do i open an internet trading account? do you recommend i open US acc so as i can trade US market and Singapore market as well?

thanks in advance

chillyred888 said...

hello,
i like your blog and wanting to build up my passive income by investing into dividend shares too.

could you share how do i open an internet trading account? do you recommend i open US acc so as i can trade US market and Singapore market as well?

thanks in advance

Freedom Achiever said...

Hi chillyred888,

Currently I am using poems to buy shares. I suggest you go to poems website @ http://www.poems.com.sg/ to find out more. You may go to one of the poems outlets if you want to open an account.

Regards
Freedom Achiever

Have you started your journey towards financial freedom?