Instead of spending the start of every month preparing for (and boring you with) both the expenditure and passive income updates, I have decided to provide the latter only during the middle of the month, like now. This way, I am able to use more accurate figures (September statements that arrive only in early October) and also provide the amount of dividends I actually received for the past month. After all, I have to admit the dividend figures on the My Passive Income page are just estimates or forward indicators of the income I would receive.
The markets rallied in September (up >10% within a few weeks) after the much-feared QE tapering was again delayed. Therefore, not surprisingly, this translates to a quiet month for me with no significant transactions except the monthly savings ploughed into the Philips Sharebuilder Plan. After all, I had exhausted quite a few bullets in August too.
Although there is no change to passive income which stands at around $5,500, the valuation of these assets increased by ~$8k after the market rebound. Interestingly, this amount is almost our monthly pay. I know I am dreaming but if every month is like this, I really can semi-retire right now and live off the capital gains. =p
The dividends received in September was pretty substantial too with Challenger, MTQ, Boustead and Kingsmen crediting money to my account. Total dividends received was a healthy $881.50.
Details of my updated portfolio are shown below.
Stocks (As at 15th October 2013)
|Stock||Share Amt||Share Price||Valuation||Dividend||Est. Income|
Others (As at 15th October 2013)
|CIMB Star Saver||$10,000||$80|
Total Valuation = $154,316
Total Est. Income = $5,526.45
Do refer to my first monthly update if you would like some additional background to most of my purchases.