Thursday, September 1, 2022

Aug2022 Finance update - Monthly Dividend/Interest received $9.4k

Aug 2022 Dividend/Interest come in at around $9.4k. The stock market continued its brutal sell down throughout August. My portfolio has been hit hard as well and my entire YTD gain in 2022 has almost been eliminated.  The only saving grace is that my dividend received is supporting my YTD gain. YTD gain including dividend is around 0.5%. As a dividend investor, I am not concern about temporary capital loss as the cash flow from dividend income is the main objective. At this point of time, I am satisfied that most of my portfolio are maintaining or even increasing dividend payout with no revenue or profit warning in H12022 financial report.

I continue to use the my HKD dividend to add on to some of my existing HKSE counters in my portfolio. I have also add a new Reit counter AIM in SGX portfolio. Lastly , I add on to my bond for the first time in 2 years with a purchase of ENBA which has about 6.5% based on yield cost.  

2017 to 2022 Monthly Dividend/Interest earned from Investment Portfolio :

Counters from my investment portfolio contributing to monthly Dividend/Interest in Aug2022:



Dividends received in Aug2022 from Foreign Investment (Stocks): USD $3851

Interest received in Aug2022 from Foreign Investment (bonds): USD $743

Interest received in Aug2022 from banks interest/FD/others in US: USD $440

Realized gain/loss : Nil

Dividends received in Aug2022 from SGX: SGD $2967

Interest received in Aug2022 from banks interest/FD/others in Spore: SGD $209

SGX Realized gain/loss: Nil

Total dividend and interest from my investment portfolio + bank/money market/retirement account + trading gain/loss generated in Jun2022: SGD$9972

Aug2022 Dividend earned from investment account only: SGD $9171 

Aug2022 Liquid Net worth distribution:






Thursday, August 4, 2022

Jul2022 Finance update - Monthly Dividend/Interest received $9k

Jul 2022 Dividend/Interest come in at around $9k. The stock market recovered in the month of July and YTD gain also revert to positive territory. Net worth YTD gain is at 2.7%

With the market rebound, I slowed my stock purchase to just USD8.3K with stake increase for Daiwa Log Reit, FCT and RCL. I also bought 9k SGD of SSB. Moving forward, I will be increasing my SSB as long as its 10 years yield hit above 2.5%

2017 to 2022 Monthly Dividend/Interest earned from Investment Portfolio :


Counters from my investment portfolio contributing to monthly Dividend/Interest in Jul2022:


Dividends received in Jul2022 from Foreign Investment (Stocks): USD $5630

Interest received in Jul2022 from Foreign Investment (bonds): USD $638

Interest received in Jul2022 from banks interest/FD/others in US: USD $420

Realized gain/loss : Nil

Dividends received in Jul2022 from SGX: SGD $272.25

Interest received in Jul2022 from banks interest/FD/others in Spore: SGD $196

SGX Realized gain/loss: Nil

Total dividend and interest from my investment portfolio + bank/money market/retirement account + trading gain/loss generated in Jun2022: SGD$9501

Jul2022 Dividend earned from investment account only: SGD $8738 

Jul2022 Liquid Net worth distribution:



Tuesday, July 5, 2022

Jun2022 Finance update - Monthly Dividend/Interest received $10k

June 2022 Dividend/Interest received hit the highest amount of $10k. Total Q2 and H12022 Dividend/Interest received are $23k  and $39.8k respectively. Major contribution of record monthly dividend received come from HKSE dividend stocks. I have steadily increased my HKSE dividend stocks portfolio to almost 250k USD throughout the last 8 months. It was 2 years ago when I first started this 100K HKSE portfolio .

The stock market continued its brutal sell down in the middle of June. My portfolio has been hit hard as well and my entire gain from 2021 has almost been eliminated.  The only saving grace is that my dividend received in first half of 2022 is supporting my YTD gain. 

In June, I continue my buying spree and have a total purchase of USD32K of new stocks and sold around USD2.4k. Net injection of capital is around USD29.5k this month. YTD capital injection to my portfolio is around SGD89k. 

bought 1 new HKSE counters (386.hk Sinopec) . I continue to reinvest all my dividend to increase my stakes in RIO, ZWC.TO, JEPI, EPD and MO. For SGX local market, I added 1 new counters Daiwa Log Reit  and increase my stake in FCT.

The new investment will boost my annual projected dividend income to around 88K in the next 12 months.

2017 to 2022 Monthly Dividend/Interest earned from Investment Portfolio :

Counters from my investment portfolio contributing to monthly Dividend/Interest  in Jun2022 :


Dividends received in Jun2022from Foreign Investment (Stocks): USD $5368

Interest received in Jun2022from Foreign Investment (bonds): USD $997

Interest received in Jun2022from banks interest/FD/others in US: USD $383

Realized gain/loss : USD 212

Dividends received in Jun2022from SGX: SGD $1175

Interest received in Jun2022from banks interest/FD/others in Spore: SGD $196

SGX Realized gain/loss: Nil

Total dividend and interest from my investment portfolio + bank/money market/retirement account + trading gain/loss generated in Jun2022: SGD$10769

Jun2022 Dividend earned from investment account only: SGD $9768 

Jun2022 Liquid Net worth distribution:




Thursday, June 23, 2022

20+ years of liquid net worth tracking and what I discovered

Liquid net worth tracking from 1994 to 2022 

I gathered over 18 years of personal financial data from my old bank and brokerage account statements from 2004 till 2022 and plot a graph (1st diagram below) that track my liquid net worth growth (excluding property as valuation is difficult to determine). The source of my liquid net worth are from my salary , interests from banks/bonds ,dividend and stock trade from my investment. 

For my liquid net worth data older than 2004 , I could not find any paperwork and can only estimate on what I remember in 1994. As I graduated in 1994 and started my first job, I knew I have a negative -25k debt due to a PSC student loan. I have no saving at that time as I lost all in my first business venture during my undergrad days. Therefore, I can only estimate my liquid net worth for my first 10 years from 1994 to 2004 based on the assumption I have a -25k net worth in 1994 right after I have graduated to the amount of net worth I have gathered from my all 2004 financial statements. For the first 10 years of my working, I was able to save a 6 figures amount pretty quickly due to the nature of my  job..

From the graph I have plotted, my net worth was languishing between 2004 to 2014 but started to increase rapidly from 2014 to 2022 as I restarted my investment using my dividend strategy. The second diagram below shows the dividend and interest received from 2012 to 2021. There was a substantial increase in my investment income after I restarted my investment and focus on reits and dividend stocks from 2015. I started slowly and cautiously between 2015 and 2016 before seriously ramping up my investment from 2017. I believe my net worth increase come mainly from my investment as my salary increment has been stagnant @ 3% for 20 years with only 2 promotions increment of 10% and 5%. Overall average increment from salary probably come in less than 4% between 2004 to 2022.

When I first started work in mid-90s, Most of my investment did not do well in the the earlier day. I have lost more than 100K from the Clob, S-Chip,97 Asian currency crisis and 2008 GFC. During my generation, investment was based on online rumors and punting on speculative penny stock or some unicorn. Due to the massive loss I have sustained from my investment between1994 to 2004,  I was on a 10 years investment hiatus from 2004 to 2014. I purely relied on FD during the lost decade until the 2009 GFC caused FED to drive global interest rate to less 1%. I only restarted my investment journey rather late in 2014 until I met an ex-schoolmate who told me about S-Reit in 2013 . I went on to research S-Reit and later on, I read more on fixed income investment and become more confident on that investment philosophy of passive income. I have gone through almost 3 different decades of financial cycles. The first 10 years (1994 to 2004) was trading of stocks with no strategy (more like punting), second 10 years (2004 to 2014) of doing nothing with my investment except putting in FD and banks, and the last 8 years (2014 to 2022) investing in dividend stocks and interest bearing bonds.

You have to start believing the power of compounding as my net worth increased by almost 200% in my last 8 years compared to less than 100% in the first 10 years of moderate increase.