Building Wealth For Financial Independence and Retire Early
Total portfolio value for June 2024 includes cash after selling all MOT and MXT shares. Hopefully I can deploy most of it and start collecting dividends ASAP. The portfolio is starting to come along nicely and dividends picking pace to a meaningful amount. I added 1476 shares of Gryphon Capital Income Trust (GCI)Added 615 shares … Read more
Yep, i sold all my Metrics Income Opportunities Trust (MOT) and Metrics Master Income Trust (MXT) as the dividends just kept dropping. As can be seen in the table below Metrics Income Opportunities Trust dividends just kept dropping over a period of 8 months by 40% from peak while there’s been no change in interest … Read more
I am making some changes in my dividend portfolio and starting to refocus it on private credit stocks that pay monthly. A new stock added this month KKR Credit Income Fund (KKC). A listed private credit company dealing internationally. I will still keep PL8, but not adding any more. I did add some more Cromwell … Read more
In April I added another high paying dividend stock to my income portfolio. This time it’s Gryphon Capital Income trust GCI that mainly buys real estate loans and RMBS.Another private credit company that pays monthly dividends. Bough back into MXT as well as more funds became available. And added quite a bit more QRI. Dividends … Read more
This sees a new dividend stock added to the portfolio.Qualitas Real Estate is an income fund that give exposure to loans secured by Australian real estate.And just like Metrics it’s in the private credit sector. Also added a little more MOT. Dividends received Mar 2024 MOT $405.32 PL8 $425.80 Tot $831 Total dividends for 2024 … Read more
Add some more Metrics Income Opportunities (MOT) during February and nothing else.Dividends are still high and I’m happy with the outcome so far. Dividends received for Feb 2024 MOT $420.52 PL8 $425.8 Tot $846 Total dividends for 2024 so far is $1527
More big changes to the stock portfolio.Plato PL8 did a share purchase plan for existing shareholders offering up to $30k in share at NAV which was around 10% less than the share price. After some hesitancy I decided it seemed like a good deal to me, so I bought the max 30k allowed more stock. … Read more
Dividends increased quite a bit for Nov 2023 after the big $45,000 investment in the monthly paying ASX listed stocks. Here’s the list and amounts. Total dividends received 530.97 As usual there are no Dividend Reinvestment Plans (DRPs) in place for these dividends.Therefore, all dividends will be manually reinvested. I have reached a first target … Read more
Big changes to the portfolio this month with the purchase of $45k in stocks that pay monthly dividends. After selling last year’s portfolio I had the funds in a savings account earning 5% as an introductory offer.After expiring it’s time to put the funds to work earning earning a little more. Sold down a few … Read more
I decided to take a plunge and buy a bit more stocks than I planned out this month October 2023. The funds were in a saving account earning 5% pa paid monthly which was a promotional rate and is now expired and reverted to 3.8%pa. What I bought is 4 stocks all paying monthly dividends. … Read more