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May 2019- Monthly Dividend and Finance Update. First correction to my portfolio in 2019
By GlobalPassiveIncome  •  June 3, 2019
After 4 months of gain in 2019, my investment portfolio has started to perform negatively in May. I am expecting correction to come any times soon as the market can't go up every month. Any correction is good since I have quite a sizeable warchest to deploy to achieve my target of generating 100K SGD passive income.. In May, My US investment portfolio generated a total dividend and bond interest  USD$1985.7. My Spore investment portfolio generated a dividend of SGD $1936 Total dividend and interest from my investment portfolio + bank/money market account generated SGD 5415. In May, I have added my stake in new preferred stock  200 shares of BPYPP (6.5% yield) ,300 shares of UK ADR  IMBBY ( yield >7.5%) . IMBBY has proven to a fallen knife as my stake has fallen by 20% due to negative regulatory headwind for tobacco industry. My final stake in IMBBY is 405...
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By GlobalPassiveIncome
Started fixed income investing with the aim of collecting consistent dividend and interest monthly while protecting my principle capital. I invested mainly in reits ( local and overseas), MLP (overseas) , US bonds and preferred stock (or perpetual shares). For my overseas investment, I spend quite some time researching securities that will avoid withholding tax. Currently achieved 62K annual dividends and interest. My target is to achieve SGD100K or USD75K passive income before I retire in my early 50s.
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