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2022 FY Finance update – Dec Monthly Dividend/Interest received $5.2k and Annual Total $91K
By GlobalPassiveIncome  •  January 5, 2023
December Dividend/interest received is about SGD $5.2k and this brings my 2022 annual dividend/interest income to $91K. 2022 investment income received increased by 23% compared to 2021. From my annual Dividend/Interest Income chart in the last 10 years,  it can be seen that my return has been languishing at low 10-15k annually prior to 2016 but I have increased my investment income by almost  6 times in the last 7 years since I took up dividend investment around mid 2016.  My cumulative dividend/interest since 2016 has hit around 406k. However, it was not plain sailing with dividend investment in the last 7 years. When a crisis hit the financial market, the quality of your stock matter the most. I was hit badly with realized loss on some lousy reits and MLP in 2020 and that really eat into the dividend I have earned throughout the years.  2022 was a brutal year...
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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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