SGX Portfolio Update Dec-2023 and Year End Dividend Summary

Acquisitions:

- Nil

Dividend / Profit Taking / Cut Loss:

- Received dividend from Netlink, ST Engineering, MIT & MLT

Current Portfolio Capital Gain / Loss:

- Red @ -9%

Watch list:

- SG local banks, MLT, MIT

Top 3 winners by value:

- OCBC, UOB, MIT

Top 3 losers by value:

- TG, HSTEch ETF, Venture

2023 dividends summary:

Total cash dividend received in 2023: $3,410, 40% increment from last year.

Average dividends per month: $284

Total Portfolio Market Value: $74,000

* Dividends are recognized after payment

Realized profit from trading: $148.74

DBS Vicker rebate: $19.39

Total "passive income" in 2023 = $3,578

Total gain / loss (to-date) = 6.56%

Compared to target set during beginning of the year

1. At the beginning of the year, I expect to increase my portfolio size to $77k, in reality I only manage to build a portfolio with current market value of $74k

2. At the beginning of the year, I expect my dividend income this year will increase to $3k. I have received a total dividend of about $3.4k which is above my expectation, thanks to S-REITs that has been paying dividends consistently.

3. At the beginning of the year, I expect my portfolio to breakeven with the current market value. In reality I am still sitting on paper loss of 9%. The major losers are still TG and HS Tech ETF. 

4. At the beginning of the year, I hope my overall gain will achieve 3%. In reality, I am making a 6.56% gain.

In summary, 2 out of 4 targets achieved, not too bad compared to last year.

My expectations for next year are:

1. Increase my portfolio size to $77k

2. Increase dividend to $4k

3. Breakeven with the current market value

4. Overall 9% gain

The strategy will remained the same, increase position in dividend paying counters with strong business fundamentals. If the interest rates go down and have a negative impact to the SG local banks, I will add more to my portfolio.

I am also considering to increase my RSP plan on NikkoAM Asia Ex-Japan REITs ETF due to it attractive dividend yield.

I am also renewing my FD together with the interest. This is part of my rainy days fund.

I believed I am walking in the correct path to financial freedom.