Over the years, I would just randomly pick stocks that I think is interesting to buy and accumulate. The only segmentation I did then was between the US and Singapore Market. I wanted to use the Singapore shares as passive income generators & US for capital gains as there are greater movements in US shares. The US dividends incur a 30% tax, thus may not be that attractive as passive income generators.
However, in my desire to achieve more diversification, I decided to be more mindful of the sector classification & investment allocation of the stocks I own moving forward. Over the holidays, I took some effort to sort them out and created a high level plan for 2014. Is SGD 65 K passive income target for 2014 achievable?
This is the first time I am setting a high level plan in such detail, typically I only set a goal (number) to achieve. Let’s cross check by the end of this year, how well this plan gets executed / deviated.
Wish me luck ;-p
Happy New Year !!!
Check out my other 2014 Passive Income Playbook series :
My 2014 Passive Income Playbook - Diversification ?
My Stock Report Card for Jan- Dec 2021 (Passed 2.6 Mil Profit) US Stocks SG…
My Stock Report Card for Jan- Aug 2020 US Stocks SG Stocks Total Passive Income…
My Stock Report Card for Jan- May 2020 US Stocks SG Stocks Total Passive Income Collected…
My Stock Report Card for Apr- Dec 2019 US Stocks SG Stocks Total Passive Income…
My Stock Report Card for Jan - Mar 2019 US Stocks SG Stocks Total Passive…
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Hi Lycf
All the best in 2014 :) Perhaps for other than retail reit , you could have a look at healthcare reit / stocks too :)
Regards
Small-Time Investor.
Hi Small-Time Investor,
Thanks for the recommendation. It's definitely in my radar :)
Hi LYCF,
May I know what broker are you using for your SG and US portfolio? Best of luck to your goals, I know you can do it. You seem to be a very driven person.
Cheers,
HeeroYuy
Hi HeeroYuy,
Thanks for the kind wishes. My broker is DBS Vickers.
Hi lady,
Hv you consider to buy a ppty for rental purpose?
Resale flat easier give u 5-6% yield, roi can easily be 20% as u only put down 20%
More reliable n safer.
Unfortunately, I nd it for own stay else I will do that
Hi Dan,
Yes. Did consider resale flat. Have been considering for a long long time :).
You can read more about my thoughts about this at this link :
https://ladyyoucanbefree.com/2013/12/25/retirement-planning-project-2013-property/