Welcome

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 $3,300/month.

Friday, April 24, 2015

Ai Ya... I believe I was wrong in selling half of my holdings...

Ai ya! When I was thinking of the interest rates rise, I predicted that the market will fall. Therefore, I sold half of my holdings specially AIMSAMP and Viva Industrial Trust. Now I see that both have risen by a lot and I earned $2,500 less.

With Viva Industrial Trust presenting a stellar results, giving more than 9% yield (which was my prediction), I regret my decision to sell at such an early date. There was one reader who mention that he does not sell and does dollar cost averaging. Well, I ride though some of the worst scenarios and this one is probably not going to be the worst. Another reader mention that it is already priced in and I think he is right.

Well, it is a $2,500 lesson learnt for me. Expensive, and painful. And I am still sitting on $60,000 cash waiting to see which one to buy. I am just glad that I did not sell my anchor investment aka GlobalInv thus I still manage to enjoy a $4,000 appreciation.

2 comments:

  1. I just sold mine after capital gains worth 2 yr dividends. Dun worry after every up, will comedown.

    ReplyDelete
  2. i did the same here sold off my Mapletree Greater China and Fraserscenterpoint Trust and both shares rise and rise. Loss of 1K excluding the dividend i should collect in May (0.03 cents for each share)

    ReplyDelete