Mar2023 Finance update – Monthly Dividend/Interest received $8.2K and Total Q1 $19.2k
By GlobalPassiveIncome  •  April 6, 2023
Mar Dividend/Interest received is about SGD $8.2k. Total Q1 Dividend/Interest received is $19.2k which is short of the 20K projected due to 2 counters with dividend cut to 0%. However, this is still a 14% increase compare to Q12022. Portfolio YTD gain drop to 4.7% as US bank crisis in March has adversely impacted all my portfolio except HKSE counters. I have increased small stakes in international stocks like BTI and BABA but sold off AVVIY and MO. I have also bought quite a bit of international dividend ETF IDAP (LSE listed) . As disclosed in Feb, I am focusing in increasing dividend ETF in 2023 as opposed to picking individual stocks to reduce dividend cut risk. On the SGX front, I bought back digital core reit at 51 cents after selling it for 64.5cents in Feb because I still have the USD sitting in my FSMOne account. It turned out to be a bad decision a...
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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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