My Dividend review

I have setup a target for my passive income about 2 years back. You can find the target that I have set for myself here and this post serves to do a quick health check on the goal. I find it very important to always review your goals periodically so that you don’t lose track of it.

At the end of 2017, I have around $90K invested with an average dividend of about 4%. This includes investment in bonds, stocks and crypto. This translated to about $300 a month of passive income which can cover quite a bit of fixed expenses like phone and internet bills. I am glad that I managed to meet the target I set for 2017 for a good start.

However, I have not made much progress since end of 2017. This is because I was just starting to learn about crypto investment and had spent most of my time looking at whitepapers and setting up crypto accounts. You can read about the start of my crypto investment here. I also feel that the SGX is overvalued and its getting difficult to find value stocks now. With another 3 quarters to go, it is going to be tough to hit my 2018 target of $120K investment @ 5% dividends.

Well this health check made me realize where I stand today and what I need to do to get closer to my goal. So wish me luck for the rest of 2018.

Happy Value Investing