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 $3,800/month.

Thursday, August 24, 2017

Updating my Current Portfolio - Increasing Yield

Hi everyone,

Here are some of my updates on my portfolio since July.

Ascendas Hospitality Trust

With them trading at 10% discount and a low yield of 6.28%, I felt that it is time to let go (80,000 shares at $0.835) and enjoy the capital appreciation that I got as well as the previous dividends declared. This investment is about 7 months which is very short. Not good actually but with the recent run-up in price, there is a need to relook and see whether is it still worthwhile to hold on to it. For this investment, there is another opportunity so I jump at it.

Dasin Retail Trust

With the cash that I obtained, I bought 80,000 shares at $0.80 (14,400) and $0.81 (65,600) two weeks ago (when I posted my analysis). With a steep discount to NAV and high yield (with sponsor wavier), I think this is a good investment with a large margin of safety. I am just thankful that I bought it in time because it has run up to $0.84, giving me about $2,000 in capital appreciation. I shall hold on to it while enjoying the dividends. With this, I have also increased my monthly yield as well which is the original intent.

With that, here is my updated portfolio as of 23rd Aug 2017, giving me $4,400 passive income monthly which is fantastic. It is like having another person working at home.


2 comments:

  1. Hi,

    Could you share how you get the price value in your portfolio? i.e. do you manually compute it or is there a formula that extracts the data from any particular website?

    Thanks!

    ReplyDelete