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.

Saturday, August 8, 2015

Update on Rights Issue of OUE Commercial Trust and IREIT Global

Dear readers,

In the execution of the "excess rights strategy", I have managed to obtain an extra of about 1,000 shares of OUE Commercial Trust (at $0.555) and 450 shares of IREIT Global (at $0.468). Thus, the exercise helped me to earn about $120 in OUE Commercial Trust and about $100 in IREIT Global.

However, because of the recent drop in share price, I am actually sitting on a paper loss overall for both so quite sad though. Many REITs went down by about 5%. Is it a buying opportunity? I am not sure. The signal needs to be clearer only in September.

Ok. That's all for now. I have updated my J5Investment page to show you my current investment portfolio.

Anyway, Happy 50th Birthday Singapore! Wishing all Singaporeans (including myself) happy holidays and reflect on the journey that we have taken so far. :-)

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