Welcome to my investment blog where I share with you my analysis of REITs in Singapore.

I hope that my investment philosophy will bring me a steady stream of income apart from my job. I am aiming for at least $3,000 per month which can sustain the current expenses of myself and my family.

Do enjoy reading my blog and post any comments that you have. I welcome them because it is a time to learn from each other.

When I am looking at investing in REIT, here are some of the guidelines that I am looking at. Feel free to comment on it. I am willing to listen to ideas.

-> at least 8% yield.
-> Price that is lower than its NAV.
-> Low gearing (if possible)
-> High secured NAV.

Current Dividend income is $3,800/month.

Saturday, March 10, 2012

Roundup of First Quarter

It is time I should round up and review the first quarter performance of my portfolio.

  • Distribution for 1st Q Year 2012 = $1750 
  • Current Market Value = $102,289
  • Market Value-to-book Ratio = 0.7119
  • Gearing of Portfolio = 37.14%
Distribution is $450 lower than expected because of the dilution effect of both LMIR and K-REIT which has not been factored in. Since it is a one-off event, I am still expecting $2200 distribution for the coming quarter.

This two months is also exceptional because my portfolio has appreciated 12% in line with the increase in ST Index. Combining with the dividends, my portfolio has went up by 13.81% which I think is very impressive. I consider myself lucky that I manage to catch the bull run since the start of this year and now enjoying the increase in portfolio size. As usual, every appreciation in portfolio is a bonus to me.

Traditionally, Jan and Feb are months which I don't invest as I will be keeping some cash for insurance premiums which are due in June. When my bonus comes in March, that is when I will have some cash to look into increasing my portfolio. Looking at the market closely now to see which is the best REIT to invest.

1 comment:

  1. LippoMall is doing well currently. My analysis http://mystocksinvesting.com/singapore-stocks/lippo-malls-reit/lippo-malls-indonesia-retail-trust-lmir-undervalue-reit-for-dividend-investing/