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Feb2021- Monthly Finance update -Dividend/Interest received $4.9K.
By GlobalPassiveIncome  •  March 5, 2021
February is another exciting month for investor when the stock market hit new high earlier before a significant correction happened toward the last week of the month. As a fixed income/dividend investor, I am not too worry about the volatility and contend with my monthly 4.9K dividend/interest received. Both overseas market and my SGX counters contributed almost equally in term of dividend and interest income in February. My portfolio has been hitting record high daily for the first 3 weeks of Feb reaching >1.1 million but started dropping in the last week as market correction set in. However, it has little impacted so far as I have very minimum tech or growth stock. I took some opportunity to increase some existing stakes by about 10K to boost my monthly dividend.
My liquid networth (excl properties/CPF) also continue hit an all time high of >$1.8 millions due to injection of salary/bonus + vested stock option.
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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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