May2023 Dividend/Interest received from my investment account is about SGD $6.9k. This is slightly lower compare to May2022 due to a dividend stock that has its dividend slashed to almost zero. Portfolio YTD gain including dividend has collapsed to 0.7% and this is much worst than April as all my three main portfolio in HKSE, S-Reit and LSE are crashing due to many dividend stocks going ex-date , US debt ceiling uncertainty and dismal China PMI report on the last day of May.
Trade in May.
I sold off First Pacific 142.hk at a good gain but cut loss on DigitalCore DC reit. I have increased my LSE portfolio by adding idap.l etf ,BATS and IMB. I have bought a new small stake in Swire Pacific B 87.hk. I have also subscribed 9.5k of KIT due to a right issue.
Previously, I have been sitting a huge amount of cash in a retirement account from my previous job in the US. I have invested about 68 % in investment grade and US treasury bonds to lock up the higher interest rate and another 10% into various dividend ETF. The rest is put into short term money market fund which currently yield 4-5% . I am assuming that the FED interest rate hike will end soon and locking into higher long term yield will provide more secure passive income. With this new investment, my cash holding will be dropping below 18% of my liquid net worth but it will provide an additional USD10K passive income in the next 12 months. In May2023, I have started receiving dividend income of USD $986 from my newly revamped retirement account.If this monthly dividend/interest from retirement account is added, my monthly passive income will be around 8.2K. I am looking forward to the second half of 2023 as the new dividend/interest start rolling in.
2017 to 2023 Monthly Dividend/Interest earned from Investment Portfolio :
Dividends received in May2023 from Foreign Investment (Stocks): USD $2125
Interest received in May2023 from Foreign Investment (bonds): USD $425
Interest received in May2023 from banks interest/FD/others in US: USD $43
(Newly added) Dividend/Interest received in May2023 from retirement account: USD $986
Realized gain/loss in USD: $3309
Dividends received in May2023 from SGX: SGD $3323
Interest received in May2023 from banks interest/FD/others in Spore: SGD $205
SGX Realized gain/loss SGD: -2700
Total dividend and interest from my investment portfolio + bank/money market/retirement account + trading gain/loss generated in May2023 : SGD$9783
May2023 Dividend earned from investment account only: SGD $6639
Counters from my investment portfolio contributing to monthly Dividend/Interest in May2023 :
May2023 Liquid Net worth distribution:
May2023 Investment/Retirement Portfolio including SSB: