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 $4,200/month.

Monday, May 11, 2015

Thank you readers...

Firstly, I want to thank all readers who read my post on decision to take more risk where I mention that I am taking 6.5% loan through margin account. Two things have transpired over this week.

1) Have I taken too much risk? Well to me, it is still worth it as I am expecting 0% capital appreciation over this period and to gain a regular income over this. I have even clarified with the broker on this issues. But there are readers who said that I have not followed my investment criteria. They are right. I took on more risks actually in exchange of higher yield. Thus, my margin of safety actually is much lower. Something which I got to think about.

2) One reader pointed to me UOB KH YieldMax Account. I went to the website and found that it is the exact account that I needed. Moreover, the interest is very low at 3.5%. I should have done my research well and not rush into implementing this plan.

Thus, I will be doing the messy business of open the UOB KH YieldMax Account as quickly as possible and transferring the holdings (including having to sell and re-buy if necessary and incur cost) as quickly as possible.

Thank you for all your contributions. Sometimes it is painful to hear them but I know you all meant well. :-)

2 comments:

  1. Hi, you may want to check out Maybank-KimEng's margin account too.
    Some of the shares like REITs are only 2.88% interest.

    ReplyDelete
    Replies
    1. Hi WBS,

      Many thanks! I will enquire KimEng as well. :-)

      Delete