Wednesday, November 9, 2022

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 (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: