Invest
Jun2023 Finance update – Monthly Dividend/Interest received $13.2K H12023 Total $51.5K
By GlobalPassiveIncome  •  July 3, 2023
Jun2023 Dividend/Interest received from my investment account is about SGD $13.2k.After adding up the dividend and interest for the last 6 months, 2023 first half investment income hit $51.5K. The more than usual increase in dividend/interest received in 2023 is due to the new bond investment from my retirement account which has been in cash allocation for a long time. My liquid net worth distribution has always been showing almost >30% cash allocation in the last few years. As I mentioned in my previous few blogs, I have invested about 68 % in investment grade and US treasury bonds to lock up the higher interest rate and another 10% into various dividend ETF. The rest is put into short term money market fund which currently yield 4-5% . I am assuming that the FED interest rate hike will end soon and locking into higher long term yield will provide more secure passive income. With this new investment,  my cash holding...
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Your email address will not be published.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Your Email Address will not be published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