Nov2023 Finance update – Monthly Dividend/Interest received $10.9K and YTD Total=$113K
By GlobalPassiveIncome  •  December 7, 2023
Nov2023 Dividend/Interest received from my investment and retirement account is about SGD $10868 and YTD investment income received is $113K. This is the 6th monthly investment income received hitting 5 figures for 2023. The higher than expected dividend received in November was due to KIT special dividend of >3K as this is one of my larger holding in SGX . Dividend and interest income were collected from more than 25 over counters and ETFs in November. Investment Portfolio YTD gain including dividend rebound strongly to 7.94%. This is the best monthly performance in 2023 as inflation has fallen sharply and boosted the overall stock markets. Trade in Nov. I have continue to buy more bond ETF to lock in the current interest rate as bond price rose sharply in November due to market anticipation that interest rate has peaked. I bought a term bond etf IBDW which mature 2031 with has a YTM closed to 6 %. Another bond etf is VDCP.L with an average investment grade of 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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