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.

Friday, May 6, 2016

Updates on my Current Holdings

Many things has happened where I have not updated my portfolio on this blog. Thus, here are all the updates.

I sold Saizen REIT earlier to raise funds to buy OUE Hospitality Trust to participate in their rights issue. It turns out that I regret it as I earn $1,000 lesser. However, it is compensated because after participating in their rights and subsequently subscribing to their excess rights, I earned about $600. Thus, I still earn something which I thought was nice.

Here is my portfolio which comprises of $215,000 worth of investments and $20,000 debt. It is giving me a net monthly income of $1,700 which is pretty good for me. Have been enjoying the dividends for quite some time now and it is really a strong passive income for my family.


14 comments:

  1. i would like to express my thanks

    i have been coming your blog every monthly by googling. i would say the format is very succinct - very effective.

    secondly I see you manage you reit portfolio like a reit manager, lol. thats very inspirational.

    finally, like you I am also building passive income for my family. good luck

    ReplyDelete
    Replies
    1. Hi Benedict,

      Many thanks. It is very encouraging to me.

      Happy investing.

      Delete
  2. Wow! $1.7 per month.....nice! Any plans to add healthcare REITs in the future?

    ReplyDelete
    Replies
    1. Dear Dividend Knight,

      I don't have plans to add healthcare REIT. Yes it is stable but the yield is not high enough.

      Delete
  3. Hi;
    Can you please share the spreadsheet, if you don't mind?

    ReplyDelete
  4. Hi,

    Thanks for sharing your spreadsheet, and for sharing your analysis too. I find it very useful. I noticed that your portfolio is heavily weighted in Industrial, which is facing a oversupply. Be careful on holding to these stocks

    ReplyDelete
    Replies
    1. Hi LJ,

      Thanks! And yes it is quite heavy on Industrial REITs, I am watching.

      Delete
  5. I holding 70k sabana reit at average price $0.92. Now it plunge to $0.55. Big loss to my principal value from current over supply to industrial rental.what can i do now? Would like to hear yr comment.

    ReplyDelete
  6. Hi jc,
    Holding S reit to earn passive monthly income can be even high risk investment. This is my 1st venture experience to share. I found that there is nothing i can do then hold on to it. Would like to hear yr comment on S reit investment experience. How to exit from it to lower my loss..

    ReplyDelete
  7. (1) Your very first stock invested is 70K sabana reit and no other stock in your portfolio?

    (2) Did you average down to 70K?

    ReplyDelete
  8. That value is average down price. Any good advice what to do next? Sabana reit is dropping at an alarm rate after s & p downgrade last week.

    ReplyDelete
  9. This comment has been removed by the author.

    ReplyDelete
    Replies
    1. Hi Alfred,

      You got to evaluate whether it is still a good buy (rather than sell) at this current price with this yield, NAV, credit rating etc. If you think that it is a good buy, then you may well just hold on. If you have something better which is more worthwhile to invest, then can change.

      As REIT investors, we are usually in for the long haul so usually should be able to endure the drop.

      Hope it helps.

      Delete
  10. In your reit experience so far. Did the reit recover over time happen in yr portfolio?

    ReplyDelete