Time flies, and the last update here was a year ago.
Dividends
Managed to hit the 5 figure amount for current YTD dividends received and projected to average hit $1k each month.
It is worrying that there are uncertainties at the global scale that has sent recent share prices plunging. It is important to apply the long term view instead of activating the instant panic mood and hopefully better days will come back soon.
New aim: $1.5k each month (which is very close to the next target - $20k). Let's see when it can happen, given there will likely be a drop in dividends next year as interest rates stay high and eats into company's profits.
New Financial Habit
Will be topping up CPF for the first time this year end to reduce tax as it has reached a stage whereby the amount is getting bothersome.
New Market
Started venturing into US market in 2nd half of this year after being enticed by the decent run up of the market on a whole. Thesis for this is that these giants will still be around in the next foreseeable decade with no let up on their market dominance.
Memorable Experience YTD
Stepped into Chiang Mai and instantly loved the vibe of the place. It was so good that I made the trip two times there in a short span of 5 months. It is a peaceful and lovely city with lots of nature that slows time down.
Goals Achieved
1. Yolo-ed and booked a trip next year to UK. Well within the goal set by year 2025
2. 12k dividends this year instead of by 2025
Hope everyone out there has a good last 2 months for year 2023!
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