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.

Wednesday, March 20, 2013

S-REIT Investment Blog: Executing FCOT CPPU Strategy

S-REIT Investment Blog: Executing FCOT CPPU Strategy:

'via Blog this'

It has been a while since I updated my blog. A number of things happened which is quite significant but I haven't have time to update everyone. This is one of them.

I applied to convert my CPPUs to ordinary shares but did not expect the manager to exercise their rights as well. Thus, the final verdict is that I am one of the few who are still holding on to my CPPUs. To cut the long story short, it did not turn out well for me.

I am just glad that I am still holding on to my CPPUs and I have not made losses. In fact, I will be receiving coupons of 5.5% from them which is still not too bad. Just that during the next round, I will apply to convert it again. The manager may choose to redeem it as well and that is something which we can't control. Thus, I may end up holding on to this CPPU forever.

My response is that I will be going to apply to convert it once every three months and see what the manager will do. It is going to be a long battle between the remaining CPPU holders and the manager unless the manager propose something to us. If not, I will just take this as a 5.5% bond investment under my portfolio. Not bad still right? :-)

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