Time really flies. In a blink of an eye, it is the start of a brand new year. It seems like yesterday when I first started on my dividend investing journey. Comparing my portfolio between December 2010 and now, I realised that my portfolio has grown from strength to strength. The various negative global events in 2011 actually made my dividend investing journey "easier". I finally crossed the 100k mark! There were plenty of opportunities to accumulate during corrections, and I also managed to weed out the weaker stocks in my portfolio. Experts are predicting another volatile year with slow growth and fear, which is perfect for my style of investing. At the present moment, my dividends are just barely sufficient to cover my food expense and bills. Therefore, I do not consider myself financially free yet.
Let's take a final look at how my Singapore dividend portfolio performed in 2011.
- My portfolio size almost doubled from S$62, 577 to S$117, 489.
- I collected a total of S$7, 410 in 2011. This translates into an average of S$617.50 per month.
- My portfolio annual yield is about 6.3%, which is higher than the inflation rate and the low bank interest rates.
Some of you who have been religiously following my blog may be asking, "I thought your December update states that the monthly dividend is around S$425?" There is a difference because I am changing the way I am presenting my dividend data starting from Jan 2012. I will not include dividends collected from previous years. I will only show dividends I received for a single year. My readers told me that this is a more accurate of way of presenting my data and other dividend bloggers are using this format.
Summing up, for 2012, I aim to achieve S$700 per month in dividends while maintaining the annual yield of my portfolio above 6% at least. Wish me luck! ^^
*What's ur investment goal for 2012? Feel free to share it in the comments section below. ^^