In Dec, I continue to increase my stakes in existing overseas counters BPY(+200 shares). BPY is my largest holding which is a reit run by one of the largest asset management company Brookfield Asset Management (BAM). I feel that the price has over corrected in Dec due to US investor harvesting tax loss and a negative WSJ article. At 7.1% dividend , EV >80 billion, P/B=0.62 and market cap of 15 billion , I find it a better buy than our local SGX reits which have been mostly overpriced.
As for local SGX counter, I bought 70k Asian Pay TV trust as a new position. At a 7% dividend yield and payout ratio of 30%, I feel it is relatively safe counter to earn some passive income. With the 2 purchases in Dec, I am projecting that my passive income will hit 71.5 k in 2020.
Dividends received in Dec2019 from Foreign Investment: USD $1900
Interest received in Dec2019 from Foreign Investment (bond): USD $1401
Interest received in Dec2019 from banks interest/FD/others in US: USD $399
Realized gain/loss : Nil
Dividends received in Dec2019 from SGX:SGD$2058
Interest received in Dec2019 from banks interest/FD/others in Spore: SGD $201
SGX Realized gain/loss : Nil
Total dividend and interest from my investment portfolio + bank/money market account + trading gain/loss generated in Dec2019 SGD$7256
YTD Passive income earned from investment only: SGD $65807
Dividend/Interest received from investment portfolio:
Liquid Networth distribution:
Monthly Dividend/Interest earned Y-to-Y changes from 2017 to 2019 :
