Wednesday, August 18, 2021

Alternate Income: July 2021

I haven't been posting much due to work, family and other commitments. And it's already the middle of August!? Time really flies. The situation in Singapore seems to be stabilising, at least with regards to Covid-19 and there has been reports that our economy is outperforming initial estimates which is good news for all. I can only hope and pray that the current measures continue to be effective and everyone plays their part in ensuring this 'new normal' continues. On a lighter note, EPL is back but my favourite team crashed to a 2-0 defeat to the newly promoted Brentford. New season, same old story. Okay, with that little recap out of the way, we can get back into how our portfolio performed in July 2021. 

For July 2021, we received $243.96 from interests and dividend returns. Its not the first month that we surpassed our target of $200 per month and it feels good to have achieved this target again. Seeing the chart below also gives us some confidence in achieving our target for this year. Viewing our stocks.cafe report, we tend to receive more towards the middle part of the year. Hopefully this will make up the shortfall which we experienced earlier in the year.

As we are entering the last quarter of 2021, we continue to remain disciplined in our investment efforts.  By my rough estimates, I am confident that we will reach our goal of $200 per month in alternate income for 2021 with our continuous DCA entry into the market. Hopefully I did not compute anything wrongly and the data will back me up come December.



Share with me your thoughts and comments on dividend investing! Remember to stay safe everyone!


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SG FI Dad, out.

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