Over the time, my investment focus has shifted - focusing on Dividend and generating Cash Return. There are 2 main reasons for this shift:
- I have not been very successful in investing in growth stock.
- Age is catching up with me and the investment horizon is getting shorter.
- I am contemplating to quit my job in 2~3 years.
Selectively, I have been participating in script dividend scheme, rights issues etc offered by companies, e.g. DBS, OCBC, AimsampIreit, Cambridge, SP Ausnet, etc.
With STI crossing 3,000, I have slowed down in my new purchase to build up cash portion.
I have added high yield/bond/fix income Funds / that pay regular dividend to my UT portfolio.
I use an Excel sheet to record dividend incomes from shares and funds. As and when dividends are annouced/received I record them to monitor the dividend income. As of today, it seems I am well on track to achieve or exceed my dividend target of 60K of this year.