This month goes to be a really busy one for me.
I lately shared this with my YouTube group and in case you are questioning the way to be part of it, right here is the hyperlink:
https://www.youtube.com/@A.Singaporean.Shares.Investor./group
So, earlier than I get too busy, I made a decision that I ought to get this quarterly replace out pronto.
Many hobbies and never sufficient time.
I suppose that is how retirement must be like.
Doing issues not as a result of we have now to and never as a result of we rely on them to make a residing.
I imply if I had been churning out blogs and YouTube movies day by day as a result of I want the cash, it is not retirement or a minimum of it is not a retirement I might need.
Oops.
I’ve to step on the brakes or this is able to be flip right into a weblog about F.I.R.E. as a substitute.
Earlier than I am going off observe, how a lot passive revenue did my portfolio generate for me in 2Q 2024?
$81,339.05
This is kind of the identical as 2Q 2023 which noticed $79,774.61.
Some investments equivalent to AIMS APAC REIT, Frasers Logistics Belief, VICOM and Raffles Medical Group generated much less revenue for me.
So, though I acquired extra revenue from my investments in DBS, OCBC and UOB, the uplift is much less noticeable.
Because the title of this weblog suggests, I’m fairly joyful to be a captain of a gentle boat.
Not looking for higher development however a gentle stream of significant passive revenue.
As revealed in my final weblog publish, I’ve been socking away extra money in SSBs and T-bills, rising the chance free bond element of my portfolio.
This can contribute to my passive revenue, though not by a lot.
At the same time as rates of interest progressively scale back into subsequent yr, I see our native banks as higher investments than most for buyers for revenue like me.
With DBS, OCBC and UOB accounting for greater than 45% of my portfolio, I anticipate a gentle stream of passive revenue, barring the unthinkable.
The query is what if one thing had been to go fallacious?
Properly, I’ve already gotten a style of it throughout the pandemic years.
I blogged about how I used to be nervous again then when passive revenue diminished as dividends had been slashed or suspended.
The takeaway was the significance of getting a buffer.
That is in order that even with diminished passive revenue, we will nonetheless be fairly snug.
In 3Q 2024, I believe my passive revenue would scale back, yr on yr.
I might be fairly shocked if there is not a discount.
It’s because I diminished my funding in Sabana REIT considerably and I discussed this in my final weblog publish too.
Sabana REIT was previously one among my smallest largest investments.
So, there must be some affect.
In fact, one quarter doesn’t make a yr.
I might simply have to attend and see.
I might be fairly joyful if full yr passive revenue is available in roughly unchanged, yr on yr.
Do not consider investing for revenue works?
If AK can do it, so are you able to!
