My Portfolio Update in Year 2024 as of 12th May 2024

My Portfolio Update in Year 2024 as of 12th May 2024:

Hi Everyone, it has been a long hiatus of around 4 years since I have written on my blog. 

Alot has happened these 4 years including having my second child and focusing more on my career.

Here are my top 10 stock counters.

 

As of 12th May 2024:

Total Cost: SGD 426,607.15

Current Value: SGD 313,778.35

Current P&L: - SGD 112,828.81 (doesn't look that good but looks better when including dividends collected).

Current P&L including Dividends: -SGD 45,837.83

Portfolio Current Yield: 6.52%

Dividend per Annum: SGD 20,337.04

Dividend per Month: SGD 1,694.75 of passive Income!

Milestone Achieved in Year 2024:

1)  My Portfolio reaches more than SGD 400,000 in capital investment as of 5th May 2024, this is notwithstanding my other investment in US stocks and cryptocurrency investment which is around another SGD 120,000 combined and is not tracked under Stocks Cafe.

2)  Dividend collected in Year 2024 total up to SGD 20,000 which translates to more than SGD 1.5k passive income per month.

3)  Have DCA a number of Reits in view their prices are battered down badly due to high interest rates, namely MPACT and A Reit. Am looking to add more positions in MLT, MIT and other smaller Reits including Blue Chip counters such as Banks and YZJ.

I am continuing to build this dividend portfolio on a long-term basis to ensure I have a steady stream of dividend as passive income for my retirement. Aiming to hit SGD2k per month soon and beyond that!

This is the time when interest rates are all time high at 5.25% but Fed has already confirmed they are not increasing rates further and will look to have only 1 to 2 rates cut this year.

As what AK has mentioned, don’t be Rich! Don’t be Cash Rich!

Be Cashflow Rich!

Best Regards,

SG Cashflow Investor