Given that my IBKR portfolio has grown rapidly and is becoming a sizeable part of my entire investment portfolio, I felt that it would be good to diversify by using another broker for some of my foreign shareholdings.
Since Standard Chartered's US$:S$ exchange rate is now very good, I have started to use SCB to purchase CPXJ (iShares Developed Asia ex-Jpn ETF) and LQDE (US$ Investment Grade Corporate Bond ETF). To build up my SCB holding, I will buy them once every month.
Monthly Plan
SCB Foreign ETFs
S$1,000 CPXJ
S$1,000 LQDE
Interactive Brokers Foreign Stocks
S$800 ADR-1 (Telecoms BT, VOD, or TEF)
S$800 ADR-2 (Commodities /Utilities/ Pharma BLT, NGG, or GSK)
SCB Local Stocks
S$800 REIT-1
S$800 REIT-2 or STI Component Stock
S$800 STI Component Stock (Singtel or Sembcorp)
Total: S$6,000 a month regular share buying plan + continue to top-up warchest + discretionary buying of selected shares on dips.
Quarterly Regular Purchases
If I did not do any discretionary buying on dips over the last 3 months, I will use the accumulated cash to purchase an ETF
S$2000 UK ETF: VUKE (buy using IBKR) or Emerging Markets: VDEM/EIMI (buy using SCB)
Annual Target for regular share buying is therefore
6,000 x 12 (monthly purhcase) + 2,000 x 4 (quarterly purchase) = $80,000 a year. Dividend income covers basic expenses and a little more, allowing most of earned income to be deployed towards investment with remainder added to warchest for future crash.
Monday 12 March 2018
Friday 9 March 2018
Dividend Report: Feb 2018
CPF & SCB were 1 day late and paid in March (CCT, SBReit, ART, FCT, CDLHT etc). For 2018, I've moved all the late payments to Feb.
Average dividends per month: Jan-Feb 2018
S$5,924.45 [2017: $4,625.47]
£322.75 [2017: £176.10]
US$688.39 [2017: US$432.80]
(total A$ collected - 72.21 too infrequent to bother about average)
Notes:
Average dividend per month = total dividend collected / number of months in the year so far. Vanguard quarterly dividends reported on Jan/April/Jul/Oct
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