After 4 months of gain in 2019, my investment portfolio has started to perform negatively in May. I am expecting correction to come any times soon as the market can't go up every month. Any correction is good since I have quite a sizeable warchest to deploy to achieve my target of generating 100K SGD passive income..
In May, My US investment portfolio generated a total dividend and bond interest USD$1985.7.
My Spore investment portfolio generated a dividend of SGD $1936
Total dividend and interest from my investment portfolio + bank/money market account generated SGD 5415.
In May, I have added my stake in new preferred stock 200 shares of BPYPP (6.5% yield) ,300 shares of UK ADR IMBBY ( yield >7.5%) . IMBBY has proven to a fallen knife as my stake has fallen by 20% due to negative regulatory headwind for tobacco industry. My final stake in IMBBY is 405...