Sharing my passive income for the year 2024:
Basically, I am collecting $3,502.22 in passive income monthly this year, compared to $3,101.26 last year.
Here's what it looks like on a chart:
Onwards!
Onwards!
I felt it would be good to track the returns regularly since they fluctuate occasionally depending on the stock market.
Same chart as above but converted to column chart. |
Onwards!
Since my previous posts (part 1 here and part 2 here) on calculating my returns from investing in STI over the last 10 years, the STI continued its good run. In fact, it is now at 17-year highs!
Results are as of 21 Nov 2024. Time will tell whether the STI can break its ATH of 3906 achieved in 2007 before the great recession. Fingers crossed.
The outlook for STI is good:
SGX shares surge following Morgan Stanley's upgrade to 'overweight'
"Seemingly stronger political will and low market expectations mean that any new initiatives proposed in the coming nine months could be met with a broad-based uplift in valuation multiples, especially for larger cap stocks," according to a team of Morgan Stanley analysts in their Nov 17 report, where they upgrade their call from "underweight" to "overweight".
STI is now the super terrific index!!
My usual home-cooked avocado meal. |
Can't remember where this was, but it looked fancy so I took a photo. |
Good to see, too sweet to drink more than a few mouths. |
My usual home-cooked avocado meal. |
Trying to eat healthy. |
Spotted this chicken at Pasir Ris. |
Spotted this otter family at ECP! |
Went for a walk here after dinner. |
Found a free time slot to cycle around Kallang River. |
Cycled all the way to Kallang basin. |
Onwards to the next month of FI!
Here are my dividends for Oct 2024:
So I collected only $584.48 in dividends for this month. Traditionally, Oct is a lousy month :(Additionally, I share the interest I received from the various banks for the deposits in this month:
I have achieved FI status in Mar 2023:
https://financeopti.blogspot.com/2023/03/breaking-free-i-have-achieved-financial.html
Now it is timely to re-evaluate whether I am still FI.
I did my spreadsheets and arrived at the following:
As long as the cell in the red box is negative, I am FI.
I will do this analysis at the beginning of every quarter.
So watch out for a similar post at the beginning of 2025 Q1!
From the above, it seems I am still FI.
I have also attached a chart showing the % change in my total investable assets over the years.
It is fortunate that most of the data points are positive, which means I am still able to grow my assets.