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.

Thursday, September 10, 2015

Updates on J5Investment Fund - Using Passive Income to pay for daily necessities.

I have made some updates on my J5Investment Fund. And yes, I have used my margin account to purchase some investments as well. About $19,000 loan. It is a recent loan so I haven't repay it yet. This is more of temporary then leveraging on debt for long term as discussed earlier this year. I will be repaying this debt soon using dividends collected and savings from family accounts.



At present after the meltdown, I am sitting on a paper loss of about $3,000 even after inclusion of dividends which I have collected about $12,000. Well, there are good times and bad times and I am holding on to long term and gaining an average of $1,450 per month. It is a dream that is coming true to build a strong passive income which will supplement the livelihood of my family. This $1,450 per month is able to pay

1) for groceries which is about $800 per month
2) for eating out which is about $300 per month (both during work and weekends)
3) for Singapore Power bills which is about $120 per month
4) for Singtel bills which is $170 per month for my whole family
5) for S&CC charges which is $57 per month

Well, basic needs almost met. :-)

http://www.sreitinvestmentblog.sg/p/my-current-investment.html


3 comments:

  1. 6% for ocbc margin is high. Why not take 2.88% from maybank? I am also considering take margin from maybank to buy reit.

    ReplyDelete
    Replies
    1. I have taken a look at Maybank margin and it is only for selected stocks. Those which I invested are between 5 - 6%.

      Delete
  2. Yeah maybank ke 2.88 margin sounds good. Wonder if theres any lower rates going around. But the 2.88 is applicable for about 90 items listed on their list.

    ReplyDelete