Read? Don't Laugh At Precision Two Decimal Points Investment Returns! (2)
With FY 21 final dividends declared and counted and also assuming FY 22 H1 dividends are not drastically cut; Panda can look forward an easier ending for 2022!
The good thing about investing for income; we can roughly count the chicken before they are hatched and prepare to take remedial actions if some eggs are rotten!
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Its been 11 years and 2 months since I started to track our passive income. I started at age 50 in 2011, when I realised that I am not young anymore and human capital is diminished (lower market value).
ReplyDeleteWe have three main sources of passive incomes namely equities, rental and our dear CPF interests. Together the three sources have brought us a total of $1.5M in passive income in the 11 years and two months, not counting capital appreciation / depreciation.
The CPF is the stabiliser. market up, market down, dividend up, dividend cut, tenant, no tenant, we know we could count on CPF to give us interest.
After two rough years of Covid (2020 & 2021), the dividend income is looking like that of 2019 again. But not to count the chicken before they are hatched, I will be happy if my dividend can cross $70,000 this year. In 2019 (pre-Covid) it was $78,800.
Rental income was hit badly in 2020 with 1.5 months of no rental income, in addition to dropping in rent. This year, rental rates have gone up and keeping my fingers crossed to hit full year rental income. But property value has appreciated, so cannot really complain.
The CPF income is slow but steady source. Last year, we collected $93,000 in combined interests from it and looking at $99,000, this year.