This month is going to be a very busy one for me.
I recently shared this with my YouTube community and if you are wondering how to be a part of it, here is the link:
https://www.youtube.com/@A.Singaporean.Stocks.Investor./community
So, before I get too busy, I decided that I should get this quarterly update out pronto.
Many hobbies and not enough time.
I suppose this is how retirement should be like.
Doing things not because we have to and not because we depend on them to make a living.
I mean if I were churning out blogs and YouTube videos daily because I need the money, it isn’t retirement or at least it isn’t a retirement I would want.
Oops.
I have to step on the brakes or this would be turn into a blog about F.I.R.E. instead.
Before I go off track, how much passive income did my portfolio generate for me in 2Q 2024?
$81,339.05
This is more or less the same as 2Q 2023 which saw $79,774.61.
Some investments such as AIMS APAC REIT, Frasers Logistics Trust, VICOM and Raffles Medical Group generated less income for me.
So, although I received more income from my investments in DBS, OCBC and UOB, the uplift is less noticeable.
As the title of this blog suggests, I am quite happy to be a captain of a steady boat.
Not seeking greater growth but a steady stream of meaningful passive income.
As revealed in my last blog post, I have been socking away more money in SSBs and T-bills, growing the risk free bond component of my portfolio.
This will contribute to my passive income, although not by much.
Even as interest rates gradually reduce into next year, I see our local banks as better investments than most for investors for income like me.
With DBS, OCBC and UOB accounting for more than 45% of my
