Updates on J5Investment Fund - Using Passive Income to pay for daily necessities.

I have made some updates on my J5Investment Fund. And yes, I have used my margin account to purchase some investments as well. About $19,000 loan. It is a recent loan so I haven't repay it yet. This is more of temporary then leveraging on debt for long term as discussed earlier this year. I will be repaying this debt soon using dividends collected and savings from family accounts.

At present after the meltdown, I am sitting on a paper loss of about $3,000 even after inclusion of dividends which I have collected about $12,000. Well, there are good times and bad times and I am holding on to long term and gaining an average of $1,450 per month. It is a dream that is coming true to build a strong passive income which will supplement the livelihood of my family. This $1,450 per month is able to pay

1) for groceries which is about $800 per month
2) for eating out which is about $300 per month (both during work and weekends)
3) for Singapore Power bills which is about $120 per month
4) for Singtel bills which is $170 per month for my whole family
5) for S&CC charges which is $57 per month

Well, basic needs almost met. :-)

http://www.sreitinvestmentblog.sg/p/my-current-investment.html