Portfolio Update Q3 2026

-

This month marks the end of the 3rd quarter of 2026.  Thus it's definitely a good time for me to record the performance of my portfolio to track how it has been.

To recap, I started my SG Dividends Portfolio in late 2017, and I began tracking the dividends and all reinvestment done starting 2018.  To date, my SG Dividends Portfolio consist of banks, REITs and defense technology.  On the other hand, I only started the US Growth Portfolio in late December 2021.  Currently, my US Growth Portfolio has been completely liquidated to pay off my Malaysia mortgage loan.  In March 2026, I started the MY Dividends Portfolio, which currently consist of only banks and consumers.  The purpose of this is to complement my SG Dividends Portfolio, and hopefully generate dividends in MYR to hedge against forex risks when I FIRE.  

The most important event that happened this month is definitely the FED meeting and the speech by Kevin Warsh in mid of the month.  As expected, the FED finally announced an interest rate hike by 25 basis point.  This marks the resurgence of inflation, and probably interest rates will remain higher for longer, and this brought back pressure to REITs.  All REITs have resumed their downtrend, regardless of blue-chip REITs or REITs with smaller sponsors.  Thankfully with a diversified portfolio, my investments did not plunge badly.  

Closer to home, dividends collected in the third quarter has been satisfactory, at SGD 12,306.24 from quarterly dividends from Mapletree Family REITs, Development Bank of Singapore (DBS), Singapore Technologies Engineering (STE), Aims Apac REIT (AAR) and Amova STC-Asia REIT ETF (CFA), and semi-annual dividends from Oversea-Chinese Banking Corporation (OCBC), United Overseas Bank (UOB), Capitaland Integrated Commercial Trust (CICT), ParkwayLife REIT (PWLR), Capitaland Ascott Trust (CLAST), ComfortDelgro (CDG), HRNetGroup (HRNG) and Kimly.  This amount is about 7.7% higher than the amount of dividends collected in the third quarter of 2025.  The overall increase in quarterly dividends is due to the higher dividends declared by OCBC, UOB, PWLR and STE.  Hopefully the current portfolio and allocation will help to make my future dividends more stable and predictable as I progress towards Barista FIRE.  For my significantly smaller MY Dividend Portfolio, I have also received dividends from the banks and consumer stocks.  It is not much, but definitely glad to see cash coming in.  

For this month, the total SG portfolio market value declined to approximately SGD 839K this quarter, including capital injection and dividend reinvestment, which is a slight decrease of about 1.0%.  Total MY portfolio market value plunged to about MYR 33.0K, which is a significant decrease of about 6.2%.  Total overall portfolio is currently experiencing some volatility, especially in the MY markets.  However, as the MY Portfolio size is small, the impact is minimal.  Regardless, I am looking forward to the upcoming quarterly reporting, to continue to collect the dividends from my portfolio in the final quarter of 2026.  Hopefully my annual dividend target for 2026 can be achieved.  Barista FIRE, here I come...!

SG Dividends Portfolio

MY Dividends Portfolio

Total Portfolio Value: SGD 839,157.00 + MYR 32,991.00 

Comments

Post a Comment

Popular posts from this blog

Why I Finally Understand the Safe Withdrawal Rate, Yet Still Prefer Dividend Investing

-
Image
One of the longest-running debates in the investing world is whether retirees should live entirely on dividends or adopt the Safe Withdrawal Rate (SWR), where a small percentage of the investment portfolio is sold every year to fund retirement expenses. From a mathematical perspective, the Safe Withdrawal Rate is difficult to argue against.  For decades, researchers have studied historical market returns across different countries and time periods.  The conclusion has remained surprisingly consistent.  A diversified portfolio invested primarily in equities has historically been able to support annual withdrawals of around 4% over long retirement periods while maintaining a high probability that the portfolio continues growing over time. I understand the mathematics.  I accept the research.  In fact, I believe the Safe Withdrawal Rate is a perfectly valid retirement strategy.  Yet if I am being completely honest, I still find myself naturally gravitating t...
Read more

Portfolio Update Q4 2025

-
Image
This month marks the end of the 4th quarter of 2025.  Thus being the last post of 2025, it is definitely a good time for me to record the performance of my portfolio to track how it has been. To recap, I started my SG Dividends Portfolio in late 2017, and I began tracking the dividends and all reinvestment done starting 2018.  To date, my SG Dividends Portfolio consist of banks, REITs and defense technology.  On the other hand, I only started the US Growth Portfolio in late December 2021, but I have since liquidated my entire US Growth Portfolio in September 2025 to pay off my Malaysia mortgage loan.  Currently, my equities allocation is 100% in SG Dividend Portfolio. Being a relatively conservative investor, I prefer to dollar cost average (DCA) into the market to slowly build up my portfolio.  The latest FED meeting in December has announced another 25 basis point rate cut, and has further signaled that there will be fewer rate cuts in 2026 (dot plot signale...
Read more

My Second Trip To China With My Mum One Year Later

-
Image
This is my third trip travelling out of ASEAN region, where I have to plan every bit of the itinerary myself (the first was back in May 2024 where me and my mum travelled together to  Japan , and the second was back in November 2024 where me and my mum travelled together to Hangzhou and Suzhou in China ).  With the prior experience from the China trip, I am less concerned and worried about what to plan for our itinerary this time round, as I would have roughly known what my mum would like to experience, and hence what to include and what to exclude in the planning.  In addition, I have learnt how to use Alipay and Amap one year ago, so all in all, this trip is less intimidating for me.  However, as we are going to the mountainous region this time, what worries me more is the weather conditions and the temperature differences between the morning, noon and evening time.  Being unpredictable, I could only overpack, as it is better to be over-prepared than under....
Read more