Invest
Aug 2020- Monthly Passive Income update -Dividend/Interest received $4.2K(YOY drop of 35%!!)
By GlobalPassiveIncome  •  September 4, 2020
It's time for another monthly tally of dividend/interest received from my portfolio. In the month of Aug, my monthly passive income collected is around $4.2k. Compare to 2019 Aug, the dividend/interest collected from my stock/bond portfolio is down by around $2.2K which is a year to year 35% plunge!! This is due to dividend suspension/cut that affected almost every dividend investors. Monthly Dividend/Interest earned Y-to-Y changes from 2017 to 2020: We continued to see great recovery in the US market that actually hit a record high despite having the worst pandemic crisis. The recovery is not broad based as it has only benefit the tech sectors in the US. Meanwhile , most of the sectors like real estate,consumers, retail and travel etc are still performing poorly across the global markets. My reit and O&G counters continue to underperform. However, my US bonds portfolio has hit a record high as well. This has help me to reduce my paper loss to -6.95% compare to last month -8.5%....
Read the full article
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.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance