SG Financial Independent Dad: 1M65

Thursday, June 3, 2021

Alternate Income: May 2021

Wow, May has already ended and we are halfway into 2021. Time really passes quickly and everyday, the situation around the world is constantly evolving. We went back in Phase 2 (Heightened Alert) and I sincerely hope that everyone has been doing fine and staying safe. I got my vaccination jabs done in May and even though I experienced some side effects, I think it is definitely better than the alternative. Now we can only hope that the situation improves here in Singapore and we return back to the new normal, sooner rather than later. In other less serious news. football season is over and now we have to content with the long wait until EPL starts again in August. Luckily, we should have some Euros action to tide us over. I just hope that all these international sporting events do not become a catalyst for the next wave of the pandemic. Okay, with that little recap out of the way, we can get back into how our portfolio performed this month.

For May 2021, we received $441.09 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 reached this target again. Viewing our stocks.cafe report, we tend to receive more towards the middle of the year. Hopefully this will make up the shortfall which we experienced earlier in the year.

As we are going past the halfway mark 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 such apps you guys are using! Remember to stay safe everyone!

On a separate note, I have started a YouTube Channel showcasing my hobbies. If you are interested, you can watch my latest video here! Any feedback, subscriptions or comments is deeply appreciated!

My YouTube Channel: LINK HERE!

My Instagram: LINK HERE!

Check out my other stuff: LINK HERE!

SG FI Dad, out.

Sunday, May 2, 2021

Alternate Income Report: April 2021

April is done and dusted. I thought that April was eventful on many fronts. Our LO turned one and we had small gathering with family to celebrate the milestone. We are really fortunate to have these people around us who shower her with care and concern. As a football fan, we were rocked with the attempt of establishing a European Super League. I won’t go into details here but I thought it was distasteful, bad timing and overall a bad idea. The thought of having a league that does reward teams/players on sporting merit just boggles me. Okay, with that little recap out of the way, we can go into a nitty gritty details on how our portfolio performed this month.

For Apr 2021, we received $206.75 from interests and dividend returns. Its the first month that we surpassed our target of $200 per month and it feels good to have reached a target. Hopefully the coming months will make up the shortfall which we experienced last month.

As we are inching towards the halfway mark of 2021, we continue to remain disciplined in our investment efforts. Sometimes it may be difficult to detach yourself emotionally, take a step back and examine the situation objectively. I mean, this is OUR hard-earned money. But I am thankful that we have each other to fall back on. 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.