Nov2022 Finance update - Monthly Dividend/Interest received $5.6k

Nov 2022 Dividend/Interest come in at around $5.6k. The stock market recovered strongly in the month of November and YTD loss cut by half and with dividend accounted for, it was almost positive. When the market is doing badly, dividend payment definitely help to absorb the temporary paper loss. Liquid Net worth YTD gain also revert to positive territory.

With the depress S-REITs stock price, I have increased my stakes in FCT, ESR, AIM and FLCT.However, I sold all my CLCT and recycle the capital into HKSE stocks like CITIC, NWS and CKH. The reason is that with China pending covid pivot, I find that the HKSE counters have more room for rebound while providing superior yield. As these are blue chip companies, I feel that they are also more financially sound to withstand any change in China policy.

On my interactive broker account, I added LGGNY and 2 bonds WFC and ENB. One of my bond Baidu has also matured this month freeing up some capital for the new bond purchase. As the short term (5 years) investment grade bond start to hit above 5% to 6%, I find quite attractive as a conservative income investor.  Overall, I have put in around 170k new capital into my portfolio and 43k into my SSB. I am projecting that my portfolio will generate more than 92K in 2023 barring any dividend cut.

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

Counters from my investment portfolio contributing to monthly Dividend/Interest in Nov2022:

Dividends received in Nov2022 from Foreign Investment (Stocks): USD $2072

Interest received in Nov2022 from Foreign Investment (bonds): USD $328

Interest received in Nov2022 from banks interest/FD/others in US: USD $494

Realized gain/loss in USD: $740

Dividends received in Nov2022 from SGX: SGD $2048

Interest received in Nov2022 from banks interest/FD/others in Spore: SGD $238

SGX Realized gain/loss SGD: -$2600

Total dividend and interest from my investment portfolio + bank/money market/retirement account + trading gain/loss generated in Nov2022: SGD$4594

Nov2022 Dividend earned from investment account only: SGD $5288 

Nov2022 Liquid Net worth distribution:

Oct2022 Finance update - Monthly Dividend/Interest received $9k

Oct2022 Dividend/Interest received is about $9.1k. YTD Dividend/Interest has reached about 80k. The stock market continued its brutal sell down throughout Oct. My portfolio from HKSE, and SREITs have fallen significantly in valuation. However , portfolio from US and LSE markets have recovered enough to avoid significant overall loss. 

YTD paper loss is almost -12% with 152K loss compare to -137K last month. With realized gain of 10k and total dividend received this year, the YTD portfolio performance is about -6.65%. Significant loss come from HKSE portfolio which is now down about -25% and pulled down the overall portfolio performance.

I used my HKD dividend to buy a new HKSE counters 142.hk (First Pacific) in my portfolio. First Pacific is listed in HKSE but its primary business is in SEA and has no business in HK or China  With the new leadership in China CCP, I am increasingly worry about my exposure in China/HK market. My HKSE portfolio has ballooned to almost USD 250k in the last 2 years after my diversification into that region. In hindsight, I should have learnt how bad politics can severely affect the financial market. On the SGX portfolio, I have cut my stake in CLCT to reduce my China exposure and swap it with SPH Reit. Moving forward, I will reinvest all my HKSE dividend into other market until there is pivot away from zero-covid policy in China.  Similarly, I will actively be reallocating some of portfolio to reduce exposure to US office S-Reits as WFH arrangement has become mainstream in the USA, By swapping out to other beaten down reits like logistics and DC sectors, I believe my portfolio will benefit from faster recovery of those sectors when interest rate pivot happen compare to sticking with current investment which is going nowhere when long term structural change has occurred.  

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

Counters from my investment portfolio contributing to monthly Dividend/Interest in Oct2022:

Dividends received in Oct2022 from Foreign Investment (Stocks): USD $5133

Interest received in Oct2022 from Foreign Investment (bonds): USD $991

Interest received in Oct2022 from banks interest/FD/others in US: USD $505

Realized gain/loss : USD 4349

Dividends received in Oct2022 from SGX: SGD $490

Interest received in Oct2022 from banks interest/FD/others in Spore: SGD $242

SGX Realized gain/loss: -SGD1680

Total dividend and interest from my investment portfolio + bank/money market/retirement account + trading gain/loss generated in Oct2022: SGD$13873

Oct2022 Dividend earned from investment account only: SGD $8758

Oct2022 Liquid Net worth distribution:

Sep2022 Finance update - Monthly Dividend/Interest received hit a record $13.3k but ...

Sep 2022 Dividend/Interest received hit a record amount of $13.3k. Total Q3 and YTD Dividend/Interest received are $31.7k  and $69.3k respectively. The dividend received is the only good news I have for my portfolio as my investment suffered the worst collapse since Mar2020. The stock market continued its brutal sell down throughout Sep and accelerated in the last 2 weeks. My portfolio has been hit hard and my entire gain from 2021 has been eliminated. All my portfolio across US, LSE, HKSE, SGX and bond markets have fallen simultaneously.. The worst hit was from my counters in LSE and HKSE as the collapse of British pound and China economy add to the interest hike woes.   
 

YTD loss is almost -12% with 137K paper loss compare to no loss last month. With total dividend received this year, the loss is about -7%. While the portfolio number looks horrendous, I am still sticking with my dividend strategy. As a dividend investor, I will only be very concerned if my dividend is going to be cut or eliminated but not stock price fluctuation. Most of the counters I have picked have been maintaining or growing dividend in the past 5-10 years, I believe they will continue to pay their dividend while investors like us just need to use the dividend money received to tide through any financial crisis. My only main concern is how much my reit portfolio can maintain its DPU next year when interest hike hit its bottom line. I am expecting some decrease in my dividend next year. With diversification across 80 counters covering stocks and bonds, I believe my portfolio should weather the storm to contribute enough passive income to cover my expense.  Throughout 2022, I have been maintaining a cash position of about 30% of my entire liquid net worth. I shall be utilizing my war crest if the market continue to fall another 10%. 


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

 

Counters from my investment portfolio contributing to monthly Dividend/Interest  in Sep2022 :

Dividends received in Sep2022from Foreign Investment (Stocks): USD $4520

Interest received in Sep2022from Foreign Investment (bonds): USD $689

Interest received in Sep2022from banks interest/FD/others in US: USD $467

Realized gain/loss : USD -2288

Dividends received in Sep2022from SGX: SGD $5971

Interest received in Sep2022from banks interest/FD/others in Spore: SGD $251

SGX Realized gain/loss: Nil

Total dividend and interest from my investment portfolio + bank/money market/retirement account + trading gain/loss generated in Sep2022: SGD$10797

Sep2022 Dividend earned from investment account only: SGD $13004

Sep2022 Liquid Net worth distribution: