Tuesday, July 3, 2018

Updates for Jun 2018

Another month has passed. Overall a great month for 笨mummy, as she managed to accomplished a few things:

- Career
Her six months probation has passed and she got her confirmation. And, of course, this comes with perks - extra $$$ as her Company allows staff who are confirmed by June to be entitled to bonus which would be pay out in July. 

- Passive Income
笨mummy has found a way to achieve the highest interest rate tier of 3.50% for the DBS Multiplier for herself and her hubby accounts. This method only required minimal effortl by incurring a small fee of $8 to $12 a month and playing with a float of $25K earning no interest for 6-10 days. This allows a 1.30% or $54 extra interest for each multiplier account. 

She had started in May to build up the resources needed to generate the cashflow and the result would be out in early July when the June interest is credited. But based on the Bank and Earn Summary, 笨mummy is confident that the plan works as she saw the indicator pointing to 3.5%.   

Dividend / Interest for the month of Jun 2018
OCBC - $ 206.34
Ascendas H Trust - $ 250.40


Dividend received in Year 2014
S$ 8,241.99
Dividend received in Year 2015
S$ 8,978.59
Dividend received in Year 2016
S$ 12,145.15
Dividend received in Year 2017
S$ 12,964.44
Dividend received in Jun 2018
S$ 456.74
Dividend received in Yr 2018 to date
S$ 7,647.68

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