Tuesday, February 4, 2020

Jan 2020- Monthly Finance Update-Almost all dividend/interest incomes are received from my US/UK portfolio

January is usually a month I receive no dividend income from my SGX portfolio and my January passive income come mainly from my US/UK fixed income portfolio which come in slightly above SGD$4K this month. My investment strategy has been investing globally for dividend so that I can receive consistent monthly passive income. IMBBY , a UK tobacco counter which I have been accumulating since last quarter contributed > 20% of this month dividend income.  This helps to beat my monthly dividend & Interest income received from 2017 to 2019 January monthly income which has been coming under SGD$3K.

In Jan 2020, 2 of my baby bonds (RILYL and AEH) were called. As Corporation can get a lower interest for issuing a new bond, they will redeem the old one with higher interest. I am expecting this to be the new norm in 2020 and this has forced me to take more risk to invest in dividend stock or reit. As a result , I have bought AEG the parent stock (which offer 7% yield) from the bond proceed after it is being called. 

From my SGX portfolio, I sold Sasseur Reit due to corona virus impact on China retail. It was a relief that I sold off early in Jan with a 31% gain.

Dividends received in Jan2020 from Foreign Investment: USD $2568
Interest received in
Jan2020 from Foreign Investment (bond): USD $370
Interest received in
Jan2020 from banks interest/FD/others in US: USD $417
Realized gain/loss : USD -$155

Dividends received in
Jan2020 from SGX:SGD$0
Interest received in
Jan2020 from banks interest/FD/others in Spore: SGD $186
SGX Realized gain/loss : SGD 2952

Total dividend and interest from my investment portfolio + bank/money market account + trading gain/loss generated 
Jan2020 SGD$7460

YTD Passive income earned from investment only: SGD $4159

Dividend/Interest received from investment portfolio:


Liquid Networth distribution:

Monthly Dividend/Interest earned Y-to-Y changes from 2017 to 2020: