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 :
Hi
ReplyDeleteU really have an impressive portfolio on div. I am just starting out. Would like to understand more on corporate usd bond eg the Prudential one that u hv. Does one need to trade 200k n above and which platform do u purchase from. Will b happy to hear from u.
I have 2 different companies for Prudential listed in my portfolio. Prudential Finance is US based insurance company and Prudential PLC is UK based company which has large operation in Spore as well. The Prudential Finance I owned is ETD or baby bond and Prudential PLC is a preferred share (something similar to Perp in Spore) .. You don't need 200K to buy.. Their par values are $25 and you can buy any unit. You can read my article on US corporate bond or ETD to have a better understanding https://globalincome50.blogspot.com/2019/05/us-exchange-traded-debt-etd-aka-baby.html
DeleteYour portfolio and dividends is impressive! I hope I will be like you oneday
ReplyDeleteThanks for viewing my blog.. You are young and I believe you will achieve your goal when compounding start to work its magic on your portfolio
Deletedo you have to pay a dividend tax of 30% when purchasing these stocks, are you are not a US-citizen.
ReplyDeleteYes , you need to pay 30% WHT for US stocks.. However, My holdings are mainly bonds ,non-US domiciled preferred shares and MLP which have 0% WHT. My main stock holding are BPY is Canadian company domiciled in Bermuda with 3% WHT and IMBBY is a UK ADR with 0% WHT. I have an existing US IRA account when I was working in the US 15 years ago. I only have about USD50k which hold some US stocks and funds which are tax free due to IRA account.
DeleteHi, do you mind sharing how do you grow your portfolio so quickly YOY? My estimation is that you started from around 150k portfolio but it grew to 1.12m in 8yrs. Where did the bulk of money come from? pumped in from earnings/salary or?
ReplyDeleteActually, I am an old guy who has been sitting on cash for a long times after losing big time in the stock market.. It is only that I found out about fixed income and reit investment from the various bloggers that I start putting my money to work again. I started slow and only pile in more capital as I learnt
Delete