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Jul2023 Finance update – Monthly Dividend/Interest received $13K
By GlobalPassiveIncome  •  August 3, 2023
Jul2023 Dividend/Interest received from my investment and retirement account is about SGD $12991k. It was a great month collecting dividend and interest income from more than 30 over counters and ETFs. This is almost like getting paid everyday. HKSE stocks usually pay their dividend from June to August which explains the higher investment income received compare to previous years. Investment Portfolio YTD gain including dividend is 5.84% and liquid net worth YTD gain is around 8.55%

Trade in July.

I added 2 new HKSE counters 144.hk (Merchant Port) and 83.hk (Sinoland) and increased my stakes in 142.hk, 86.hk & 517.hk. The HKSE trade buy in Jul is primarily financed by selling off 1/2 of my stakes in 823.hk (Link reit). I have lost confidence in Link reit after reduction in dividend and dilutive right issue. It was an easy decision to sell because there are better HKSE companies that consistent pay...
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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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