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Sep2022 Finance update – Monthly Dividend/Interest received hit a record $13.3k but …
By GlobalPassiveIncome  •  October 2, 2022
Sep 2022 Dividend/Interest received hit a record amount of $13.3k. Total Q3 and YTD Dividend/Interest received are $31.7k  and $69.3k respectively. The dividend received is the only good news I have for my portfolio as my investment suffered the worst collapse since Mar2020. The stock market continued its brutal sell down throughout Sep and accelerated in the last 2 weeks. My portfolio has been hit hard and my entire gain from 2021 has been eliminated. All my portfolio across US, LSE, HKSE, SGX and bond markets have fallen simultaneously.. The worst hit was from my counters in LSE and HKSE as the collapse of British pound and China economy add to the interest hike woes. YTD loss is almost -8.45% with 137K paper loss compare to no loss last month. With total dividend received this year, the loss is about -4.25%. While the portfolio number looks horrendous, I am still sticking with my dividend strategy....
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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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