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Oct 2019- Monthly Dividend,Interest and Finance Update
By GlobalPassiveIncome  •  November 5, 2019
In Oct , another of my bond ( Sabra Health Care) was called early due to FED lowering interest. As Corporation can get a lower interest for issuing a new bond, they will redeem the old one with higher interest. I am expecting this to be the new norm and this has forced me to take more risk to invest in dividend stock or reit. 

I sold off AVVIY after gaining 25% but the gain was offset by another SGX stock (LKH) which I sold with a loss. It was one of the dead wood stock I own for while languishing in price and yield in my portfolio.
 
With the extra capital I have from my bond called, I managed to find another bond that was badly mispriced. It was one of the bond related to a telecom carrier (EMBARQ) which was bought by Centurylink. I expect  Centurylink to be one

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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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