Home Money Making 2Q 2023 passive revenue: Stronger once more!

2Q 2023 passive revenue: Stronger once more!

2Q 2023 passive revenue: Stronger once more!


Earlier than I begin doing different stuff right this moment, I made a decision that I’d shortly discuss to myself about my 2Q 2023 passive revenue, and likewise what I plan on doing for the remainder of the yr within the funding area.

After I talked to myself about my 2Q 2022 passive revenue, I titled it “Stronger with adjustments.” 

In 2Q 2022, whole passive revenue obtained was about S$63,980.

It was a powerful 42% yr on yr enhance.

Since then, I’ve continued to re-allocate sources though on a smaller scale.

This train has confirmed to be fruitful as 2Q 2023 passive revenue got here in at $79,774.61.

That is an virtually 25% yr on yr enhance.

Therefore, the unimaginative title for this weblog.

“Stronger once more!”

Increased dividends from the next entities did many of the heavy lifting:

1. DBS


3. UOB

4. Wilmar

5. ComfortDelgro


These are a few of my largest investments. 

So, the upper dividends from them have an outsized impression which greater than compensated for the decreased dividends from a few of my smaller investments for revenue corresponding to Ho Bee Land and VICOM.

To be honest, not all of my smaller investments for revenue decreased dividends.

Raffles Medical Group and Hock Lian Seng paid increased dividends, for examples.

Passive revenue in 2Q 2023 additionally benefitted from contributions by Singapore Financial savings Bonds and T-bills.

These have been lacking in 2Q 2022.

I’ll proceed to re-allocate sources in my funding portfolio for the remainder of the yr.

This implies shifting funds into investments which I really feel would generate significant revenue for me whereas sustaining comparatively sturdy stability sheets.

I’d additionally inject contemporary funds into my portfolio every time circumstances allow.

Whereas re-allocation of funds is for growing my investments in companies like OCBC and UOB, the injection of contemporary funds might be going to the strengthening of my T-bill ladder.

This technique will assist to make sure that I preserve a extra significant publicity to high quality mounted revenue which is related to an individual with circumstances like mine.

I’m extra all in favour of having a stronger base for my funding portfolio which ensures stability.

If I’ve ought to have extra extra funds to deploy, I’d enhance publicity to Wilmar if its frequent inventory ought to decline to $3.50 and even $3.00 a share.

The identical goes for ComfortDelgro if it ought to ever decline to $1 a share or decrease, all else being equal.

As I didn’t take part in AIMS APAC REIT’s current rights challenge, I need to count on a discount of roughly 10% in my passive revenue from the REIT in future.

Even when I did take part within the rights challenge, I’d nonetheless expertise a discount in my passive revenue from the REIT until I utilized for extra extra rights in order that the entire variety of rights models was 3x that of my entitlement.

In fact, I must achieve success in getting these extra rights as nicely.

I’ve as a substitute determined to channel extra funds to IREIT World’s rights challenge to use for extra extra rights which might generate extra passive revenue for me.

To be life like, I’m unlikely to get all that I’ve utilized for.

Even when I needs to be unsuccessful in getting any extra rights, as IREIT World’s fund elevating train doesn’t have a personal placement element which I’m not invited to, I’d not see any dilution which might result in a decrease DPU.

If I needs to be profitable in getting even some extra rights, it might imply having an even bigger share in some engaging properties that are already producing revenue.

Having stated this, any injection of contemporary funds is prone to be a sluggish trickle as I’ve restricted extra funds after bearing in mind my commitments.

I believe that’s all for now.

Till the following time I discuss to myself, bear in mind this.

If we’re all in favour of attaining monetary freedom, investing in bona fide revenue producing belongings can solely be a superb factor.

If AK can do it, so are you able to!



Please enter your comment!
Please enter your name here