I am updating my investments on this blog which is quite sad for me because of one of the counters. Here it is.
I increased my shareholdings just before their announcement of their rights issue which is quite a surprise. I increased it from 41,000 to 101,000 at $0.515 which means currently I am staring at $10,000 paper loss. I am very sad because of the timing which is so bad which resulted in this paper loss here. Rights issue will help me with about $5,000 in paper gain but it is still not enough. Will be subscribing to it and applying for excess to minimise losses.
Accordia Golf Trust
I restarted my investments in Accordia Golf Trust, putting in 100,000 shares at average price of $0.6275 as their dividend yield is still relatively high at close to 10% and trading at discount to NAV. It is going to add to my passive income.
Well, since I have excess cash now and investing in them, here is the portfolio which I am having and the passive income which I am getting for me and my family.
This is another way of looking at my portfolio.
Total Assets held by my REITs and Business Trusts = $856,000
Total Liabilities held by my REITs, Business Trusts and my own Margin Account = $371,000
Net Asset Value = $487,000
Trading Value = $320,000
Passive Income = $2,800 per month
% Yield = 10.9%
It took years to grow into this and I am really thankful that it is now a significant source of income to my family.