SG BONUS for all Singaporeans.

I received an SMS earlier today to say that I am getting a $200 red packet.

Wow! There is such a thing as a free lunch, after all!

Actually, $200 could probably buy me lunch 50 times over!

What am I talking about?

SG BONUS, of course.

Eligible Singaporeans will get a minimum of $100.

How much we get depends on our income in 2016 (YA 2017).

See the table here:

All eligible Singaporeans will be paid by end of this year.

Now, if only income in 2017 (YA 2018) was used instead, then, I would get $100 more and could include some ice cream for lunch.

I was still doing some part time work in 2016.

A short video on Budget 2018:

If you are a Singaporean and have yet to receive notification, you can use your SingPass to check online as to how much you will be getting.

Check with your SingPass: 

HERE. 

3Q 2018 passive income (non-REITs): Conclusion.

Many things happened in 3Q 2018 in the non-REITs space for me.

Mr. Market made me many attractive offers and I was hard pressed to take advantage of all of them in a meaningful manner.

This is why having a war chest, big or small, matters.

Without a war chest, we would not be able to take advantage of Mr. Market's pessimism.

Even with a war chest, we would have to decide how to allocate our limited funds.





So, what did I do?

If you have not read the earlier 7 parts by now, here are the links:

1. Centurion.

2. RHT.

3. WILMAR.

4. SingTel and CDG.

5. Accordia Golf Trust.

6. QAF.

7. APTT.





Please remember that I am just talking to myself, as usual.

What works for me might not work for you.

Remember not to bite off more than you can chew which means

1. Don't use money you should not be using to invest with

and

2. Don't invest so much money that you worry all the time.





Investing for income will help us become financially stronger over time.

However, we should pace ourselves and not throw caution to the winds.

So, how much passive income did I receive from non-REITs in 3Q 2018?

3Q 2018 passive income from non-REITs:

S$ 33,924.70






It works out to be about $11,308.00 worth of passive income a month.

Some might find this figure too lofty an achievement.

Just remember that Rome was not built in a day and not all of us need to live in a big city like Rome. ;)

If AK can do it, so can you!