I turned 28 years old today. Below is a table of my 10 year projection target which I have set at the start of the journey until I turned 35 years old.
I must say things have been going pretty well this year, progressing well ahead of the target which I have set for this year (highlighted in bold). Sadly, it could have been a lot more if not for the market correction we had in these few weeks. Nevertheless, I will need to raise my tempo to reach my next target of $245K which I have planned to reach by the next birthday. With recent market corrections, it also allows me to enter the shares at a much cheaper price which gives me more than >6% yield on my portfolio cashflow. I hope it doesn't bring my portfolio down to the $100K though!!!
Projection Target
| Year | Year | Starting Capital | Cumulative Annual Capital Injection | Dividends on Starting Capital | Total Yearly Dividend Payout | Monthly Passive Income |
| 0 | 1/9/2012 | $100,000.00 | $60,000.00 | $6,000.00 | $6,000.00 | $500.00 |
| 1 | 1/9/2013 | $166,000.00 | $60,000.00 | $9,960.00 | $13,920.00 | $1,160.00 |
| 2 | 1/9/2014 | $245,920.00 | $60,000.00 | $14,755.20 | $19,190.40 | $1,599.20 |
| 3 | 1/9/2015 | $345,030.40 | $60,000.00 | $20,701.82 | $25,453.25 | $2,121.10 |
| 4 | 1/9/2016 | $469,594.05 | $60,000.00 | $28,175.64 | $33,302.84 | $2,775.24 |
| 5 | 1/9/2017 | $627,460.53 | $60,000.00 | $37,647.63 | $43,245.80 | $3,603.82 |
| 6 | 1/9/2018 | $828,572.82 | $60,000.00 | $49,714.37 | $55,909.12 | $4,659.09 |
| 7 | 1/9/2019 | $1,085,594.23 | $60,000.00 | $65,135.65 | $72,090.20 | $6,007.52 |
| 8 | 1/9/2020 | $1,414,705.83 | $60,000.00 | $84,882.35 | $92,807.76 | $7,733.98 |
*Above excel spreadsheet was extracted from www.investmentmoats.com
So now the relaxing part. What did I do on my birthday?
I went to work in the morning, sadly. I wanted to take leave specially for today but thought that maybe I could have utilised my leave better, hence decided to go against my will.
For dinner, I went to eat a korean restaurant called "8" located at the Central. The food was great and the service was excellent. Even some of the waiter and waitresses are Korean themselves. Price is a little steep (I paid $78 for 2 persons) but nevertheless it was still a crowd which shows that something must have attracted them.
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I also want to thank my wife for giving me a pencil box as a present. She knew I've always wanted a proper pencil box to put my stationery and she got it just nice for me during my birthday :D Although it was not an expensive gift, I really appreciate what she have done for me.
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I also want to thank my wife for giving me a pencil box as a present. She knew I've always wanted a proper pencil box to put my stationery and she got it just nice for me during my birthday :D Although it was not an expensive gift, I really appreciate what she have done for me.
So that is it. I dream today and wake up tomorrow and when I do so, I live to look forward for the next 365 days to my 29th birthday. Until then, I wish everyone healthy and prosperous.
"Dream as if you'll live forever. Live as if you'll die today"
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