2010 approx: 1st investment milestone reached
Aug 2018 : 2nd investment milestone reached
Nov 2020 : 3rd investment milestone reached
2022 ??? : 4th investment milestone / Financial Independence?
I took a long time to hit my 2nd investment milestone as I was servicing a housing loan.
I am still not ready to declare 'Financial Independence' yet because my dividends collected this year have dropped on a year-on-year basis. Assuming that 2021 is the recovery year where my dividends recover to 2019 levels, I will have to wait for 2022 to grow my dividends more in order to become financially independent.
While there may be different understandings of what Financial Independence means, I prefer the definition in Investment Moats, one of the few local finance bloggers worth reading. He has many good articles about Financial Independence:
In case you're wondering, 3M is my shortform for my 3rd investment milestone, just decided to do something like the 3M logo for fun.