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Sep2023 Finance update – Monthly Dividend/Interest received $17.2K, Q3 Total=$40.6k and YTD Total=$92K but paper loss hit $144k.
By GlobalPassiveIncome  •  October 6, 2023
Sep2023 Dividend/Interest received from my investment and retirement account is about SGD $17192. Q32023 investment income received is $40.6k and YTD investment income received is $92K. This is the highest monthly investment income received since I started tracking.  Dividend and interest income were collected from more than 42 over counters and ETFs in September. This is as good as getting paid almost everyday. Investment Portfolio YTD gain including dividend dropped to 2.12%. Portfolio is sitting at an unrealized loss of 144k (simple current price - cost) without accounting for dividend received and realized profit taken since inception. This is pretty bad as the market is under intense selling pressure in Sep due to FED comment that interest rate will be staying high.  It is better to stay prudent as market could be hitting new low in the coming month. Trade in Sep. I have continue to increase small stake in...
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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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