Dec2024 Finance update - Monthly Dividend/Interest received $10.2K ,FY $137.5K 10 Years Total $711k

This will be my last blog post as I tallied up my 10 years dividend/interest collected. This blog was originally created as my personal finance journal to track my investment strategy and whether it was a workable solution to replace active income.  

 

For readers who have not followed my past posts, I have restarted my investment in 2014 and focus on dividend investing and fixed income from 2015 after a decade long hiatus from the stock market before 2014 ( My investment history). I started slowly in my first 3 years from 2015 to 2017 to put more of my cash holding into fixed income bonds and dividend stocks. After gaining more confidence with my initial investment and with Fed keeping interest rate low, I have invested most of my cash holding into the stock and bond market. I have received a total of $711k of dividend and interest in the last 10 years. While my dividend portfolio total return pale in comparison against bitcoin and US growth stocks, it doesn't matter as my initial investment objective was to achieve consistent and sustainable return. As I am near to retirement, my financial objective is to generate a replacement for income from my work and I did not like the idea of using SWR as markets have become more volatile in recent years. 

 

My FY 2024 investment income from dividend/interest received was $137k plus another $30k realized gain. Based on my monthly dividend/interest received from 2017 to 2024, my investment incomes have been coming in like a clockwork and growing from year-to-year basis comparison. I am confident that my investment income from dividend and interest will be sustainable. During the last 10 years, my portfolio was affected by Covid in 2020 and interest rate hike in 2022 but my dividend income was not much affected. With dividend and diversification, one should be able to generate consistent income. I expect my portfolio will continue to grow and maintain annual dividend payout of more than $150K annually in the near future. This means I could potentially double my dividend/interest income received in the next 10 years compare to the last 10 year. Or mathematically, I can receive 1 million in dividend/interest income every 6.67 years in the future . As a simple person, having a 6 digits dividend annually should be sufficient to maintain a very comfortable lifestyle. 

I think it is a right time to end my blogging as there is nothing really new to share except to present my monthly numbers . Basically, dividend investment and diversification across different sectors and markets- SGX, HKSE , LSE and US bonds have worked very well for me in the last 10 years. Anyone should have ample opportunities to create a profitable retirement portfolio based on this strategy as there are always some bargain stocks in one of those markets. If you are new to investment and have less time, investing in dividend ETF is another option to generate consistent investment income.

 

Moving forward, I will be switching from wealth accumulation to decumulation phase. I guess I will be thinking more on how to spend my wealth in the next 10 years and till end of life .  

 

Lastly,  I would like to thank all my readers in the last few year and hope you can achieve consistent prosperity in dividend investment.

2017 to 2024 Monthly Dividend/Interest earned from Investment Portfolio :

Here are my December and full year numbers:

Dec2024 Dividend/Interest received is $10.2K. FY Dividend/Interest =$137.5K. FY Realized gain= $30k. Total FY Investment Gain=$167k
2024 portfolio XIRR performance is 12.8% and 19.6% if dividend is included.

Dividends received in Dec2024 from Foreign Investment (Stocks): USD $2591
Interest received in Dec2024 from Foreign Investment (bonds): USD $1181
Interest received in Dec2024 from banks interest/FD/others in US: USD $74
(Newly added) Dividend/Interest received in Dec2024 from retirement account: USD 1975
Dec2024 Realized gain/loss in USD:0
Dividends/Interests received in Dec2024 from SGX: SGD 2421
Interest received in Dec2024 from banks interest/FD/others in Spore: SGD 224
Dec2024 SGX Realized gain/loss SGD:0
Total dividend and interest from my investment portfolio + bank/money market/retirement account + trading gain/loss generated in Dec2024 : SGD$10214
Dec2024 Dividend earned from investment account only: SGD $7326


Dec2024 Liquid Financial Asset distribution: