Passive Income Update: December 13

Slightly more than 3 years into my investment journey, our “projected” passive income has finally breached the $6k mark. Yeah, I know the amount of real dividends I received in 2013 is much lower (<$4k) and that it’s nothing much to shout at compared to other bloggers like B, Dividend Warrior and of course, AK71. (One advantage of updating assets/passive income a couple of weeks later than most is that you can always reference to others in your post 😉 )

But hey, this is considered a significant milestone for us since this amount translates to a not insignificant $500 a month. $500 will probably enable us to cover the basic stuff we value most for the rest of our life. This incudes utilities (access to electricity, gas and water), broadband, handphone plans and two meals of cai peng a day.  🙂

If you refer back to my first ever post, this also means that we have managed to reach 30% of the target of achieving $20,000 of passive income when we could theoretically abandon the 40 hour work week and semi-retire. I will be elated if we can increase it somewhere closer to 50% one year later. Tall order but not entirely impossible, I guess.

On a separate note, with the full year results and dividends in, I will also be taking some time to do a stock-take like many of these valuebuddies. And not just for 2013 but for my investment journey thus far. As from what I gather from Uncle 8888’s advice (which I humbly assume to be a response to this post) and from my own reflections, there’s really no harm in measuring my performance and if the adage is true that what gets measured is improved, being not lazy might really pay off big time in this instance.  😉

 

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Dividends received in December 13 : $180

Boustead: $180

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Details of my updated portfolio are shown below.

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Stocks (As at 16th January 2014)

Stock Share Amt Share Price Valuation Dividend Est. Income
Vicom 4,000 $5.130 $20,520 $0.1820 $728.00
Boustead 9,000 $1.685 $15,165 $0.0700 $630.00
Wilmar 4,000 $3.250 $13,000 $0.0500 $200.00
Semb Corp 2,000 $5.350 $10,700 $0.1500 $300.00
Spindex 24,000 $0.435 $10,440 $0.0180 $432.00
Challenger 16,500 $0.605 $9,983 $0.0225 $371.25
SIA Eng 2,000 $4.950 $9,900 $0.2200 $440.00
PLife Reit 4,000 $2.330 $9,320 $0.1031 $412.40
Kingsmen 10,000 $0.925 $9,250 $0.0400 $400.00
First Reit 8,000 $1.040 $8,320 $0.0726 $580.80
MTQ 5,000 $1.475 $7,375 $0.0450 $225.00
Singtel 2,000 $3.520 $7,040 $0.1680 $336.00
LKH 10,000 $0.685 $6,850 $0.0450 $450.00
Total $137,863 $5,505.45

Others (As at 16th January 2014)

Asset Valuation Est. Income
Philip Sharebuilder $24,005 $500
CIMB Star Saver $14,080 $110
   
Total $38,085 $610

Total Valuation = $175,948

Total Est. Income = $6,115.45

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Do refer to my first monthly update if you would like some additional background to most of my purchases and here for previous updates.

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    6 thoughts on “Passive Income Update: December 13

    1. B

      Hi Hww

      2013 has been a great year with you on board to the small finance community we have.

      Lets keep improving in our lives not forgetting those dear to us everyday 🙂

    2. EarlyretirementSG

      Hi 15HWW,

      keep it up. It’s like planting a tree. You water it and wait. and you take the new fruit and plant new trees, and wait, and repeat the cycle. Eventually, you’ll have a whole garden and you can eat some fruit and plant the rest.
      Of course, don’t forget to eat some fruit someday. If you keep taking the fruits and replanting them without eating any, then… it really defeats the purpose of this whole plan in the first place.

      1. My 15 HWW Post author

        Hi ERSG,

        My trees are still small, so small fruits only. =p

        Every fruit can either be used to plant a new tree or for consumption. It’s always a trade-off and at this stage of my life, I am inclined to worker harder and plant more trees?

        But perhaps you are right and we shouldn’t go to an extreme. So maybe we will treat ourselves to a nice meal whenever good dividends come in.

    3. AK71

      Blogs like ours serve to inspire. The more inspiration there is for people who want to have a second stream of income through investing in the stock market, the better it is.

      It is like having a support group.

      Slowing down? Need a little push? See what these bloggers have done and are doing.

      I want readers to shout, “Yes, I can do it too!”

      I am glad there are many more blogs like ours now. 🙂

      1. My 15 HWW Post author

        Hi AK71,

        I agree. I myself needs a little push from time to time and reading other blog posts do help.

        Actually having my own blog sort of gives me pressure to set a good example too! LOL