Oct2023 Finance update – Monthly Dividend/Interest received $10.9K and YTD Total=$103K
By GlobalPassiveIncome  •  November 16, 2023
Oct2023 Dividend/Interest received from my investment and retirement account is about SGD $10869 and YTD investment income received is $103K. This is the 5th monthly investment income received hitting 5 figures for 2023.  Dividend and interest income were collected from more than 35 over counters and ETFs in October. Investment Portfolio YTD gain including dividend has dropped to 0.38%. This is pretty bad as the market is under intense selling pressure in Oct due to FED comment that interest rate will be staying high.   Trade in Oct. I have continue to increase small stake in 2 LSE counters BATS and LGEN again. Their dividends are very attractive at >8%. I also added another 15k of SSB as its interest continue to stay above 3%. I have also bought a small stake in SGX counter LHN.  2017 to 2023 Monthly Dividend/Interest earned from Investment Portfolio :

Dividends received in Oct2023...
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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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