Stockcafe |
Transactions made:
- Added 4,000 units of CapLand China Trust at $1.02
As updated in my 15 Nov post, I liquidated all my crypto from other crypto exchanges. Thankfully, I took out whatever I had in my Gemini Earn as that forms 60% of my crypto portfolio. You can read more here.
I had intended to deploy my money from crypto into stocks. But after CPI was released in November, the stocks rebounded strongly. I will hold on to this amount first and wait as I felt that the stock market has gotten ahead of itself. The inflation rate is still far from the ideal 2% which Federal Bank is looking at. Also, the employment and wage data are still red hot.
I am so happy that I crossed the $1k dividends per month milestone. While, it has taken 12 painful years to build this portfolio, I am confident that I can sleep soundly with this portfolio even if there is a recession. I am aiming for the next milestone of $1.5k dividends per month next.
I averaged down on CapLand China Trust as my favourite reits have gotten too far ahead and this one seems to be still undervalued. I am partly banging on China re-opening play, but of course, I am not sure the likelihood. Hence, I only bought a bit for now. In the meantime, I have applied for Maple tree Industrial Trust scrip option, choosing the share option instead of cash dividends. I am still convinced that REITS will do well in the long run even though we are in a high interest rate environment.
Dividends received* during the month: $550.96 (Suntec Real Estate Investment Trust, DBS, Astrea7A1 4.125%320527)
Total dividends received in 2022: $12,269.32
Average dividends per month^: $1,022.44
Total Portfolio Market Value: $331,553.86
Congratulation to your new milestone. Hopefully , your dividend income will cover your expense in the near future.
ReplyDeleteHi GlobalPassiveIncome,
Deletethank you so much! I have 2 young children, so it will be a long long way way to go. But every little bit counts and every dollar saved can be invested!
Congrats on your new milestone! I remember the exhilarating moment when my passive income hit $1k per month. Now moving towards $3k per month. Keep on compounding! ^^
ReplyDeleteHi Dividend Warrior,
DeleteThank you. Thanks to you and the many investors who share all your journey and experiences, I am so inspired by you all!
I know what you mean. I am excited. After so many boring years, things are getting exciting. Nevertheless I am focus on my next milestone. With each crisis, it is an opportunity to accumulate more to quicken the momentum!
Huat Ah!