Consolidation and review of dividends received from Jan 2025

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 Dear all, 

This is the second month which I am fully committed to the investment of Income funds. As a newbie, I am very confused over the way income was recognized. The key issue was due to the difference in the date between the dividend was declared vs the date the dividend reached the bank. It could take a week or even two weeks for these dividends to reach your bank account. 

I revised my dividend income amount for January 2025. Below is my dividend for both GreatLink Multi-Sector Income Fund and US Income Fund.

GreatLink Multi-Sector Income Fund

GreatLink US Income and Growth Fund 

On total, for the month of January, I received $1,038.87. It was a very decent turn. Since I do not need the dividend for the month, I will likely to reinvest these into the Income Funds again. What I am missing here is the dividend from SYFE Pimco Income Fund. The reason being that I had less than $5,000 in the account in the month of January and the only option was automatic reinvestment from SYFE. 

However, with the amount in SYFE Pimco Income Fund reached over $5,000, we will be able to see the total amount of cash dividend coming from this Income Fund. 

As a part of my further consolidation efforts, I withdraw all my investment from Stashaway. The growth was still good. I was lucky that I was able to get into the investment in 2017 where the boom started. I made decent profit when I exited from the Stashaway. 

As I am consolidating, I had yet to invest the weekly DCA amount into SYFE yet. I will do so once I completed my consolidation.

 P.s. Not a financial advice. Please treat this as the rambling of an middle age uncle.

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