As we bring 2019 to a close, it is unlikely I will reach my 2019 goal set back in 2017. My portfolio dividend yield will probably be in the 2.0% to 2.5% range, way off the ambitious target of 3.75%. Re-balancing a portfolio with some dead weight stocks is not easy after all, with some hiccup along the way with the Noble Group and KrisEnergy saga these 3 years. Well, at least I managed to increase my yield of 0.76% from 3 years ago.
Like I always advise, you can't always expect to earn money every time in investment. Sometimes it go well, sometimes it doesn't and you end up losing your capital. Hence, only invest if you are prepared to lose the money and have done your research. Looks like I will need to slowly write off Noble Group, Linc Energy and maybe Krisenergy from my folio, though technically, they are not delisted yet.
Well, back to my main objective of investment - earning passive income. You know for insurance with cash value, there is a non-guaranteed portion that ranges from 3.25% to 4.75%. I think for the next 3 year, I will set a target to get a better yield than insurance (Example: 4.8%). No reason why I set it as 4.8%, I just think it will be a challenging target to try to achieve. Well, here you are, the next 3 years (2020 - 2022) Plan:
- 50% Equity, 50% Reits/Trusts
- Portfolio Dividend Yield to be 3.50% in 2020, 4.20% in 2021, 4.80% in 2022.
I will likely to continue load up on MIT, FCT and Singtel (if price is right) till I reached at least 10k shares each counter, so that these counters can participate in the Securities Borrowing and Lending (SBL) Program. Other potential target also include HPH (I feel price cant get any lower after the HK protest and debt reduction), Netlink and Manulife US Reit.
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