This month goes to be a really busy one for me.
I not too long ago shared this with my YouTube neighborhood and if you’re questioning tips on how to be part of it, right here is the hyperlink:
https://www.youtube.com/@A.Singaporean.Shares.Investor./neighborhood
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’ve to and never as a result of we rely on them to make a residing.
I imply if I have been churning out blogs and YouTube movies every day as a result of I would like 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 could be flip right into a weblog about F.I.R.E. as a substitute.
Earlier than I am going off monitor, how a lot passive earnings 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 similar to AIMS APAC REIT, Frasers Logistics Belief, VICOM and Raffles Medical Group generated much less earnings for me.
So, though I obtained extra earnings from my investments in DBS, OCBC and UOB, the uplift is much less noticeable.
Because the title of this weblog suggests, I’m fairly glad to be a captain of a gentle boat.
Not looking for better development however a gentle stream of significant passive earnings.
As revealed in my final weblog publish, I’ve been socking away more cash in SSBs and T-bills, rising the chance free bond element of my portfolio.
This can contribute to my passive earnings, though not by a lot.
Whilst rates of interest progressively scale back into subsequent 12 months, I see our native banks as higher investments than most for buyers for earnings like me.
With DBS, OCBC and UOB accounting for greater than 45% of my portfolio, I anticipate a gentle stream of passive earnings, barring the unthinkable.
The query is what if one thing have been to go unsuitable?
Nicely, I’ve already gotten a style of it through the pandemic years.
I blogged about how I used to be frightened again then when passive earnings diminished as dividends have been slashed or suspended.
The takeaway was the significance of getting a buffer.
That is in order that even with diminished passive earnings, we are able to nonetheless be fairly snug.
In 3Q 2024, I believe my passive earnings would cut back, 12 months on 12 months.
I might be fairly stunned 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 in every of my smallest largest investments.
So, there must be some impression.
In fact, one quarter doesn’t make a 12 months.
I might simply have to attend and see.
I might be fairly glad if full 12 months passive earnings is available in roughly unchanged, 12 months on 12 months.
Do not imagine investing for earnings works?
If AK can do it, so are you able to!
