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.

Friday, January 9, 2015

Books that I read which influences me - Rich Dad, Poor Dad

I will be introducing some books which I have read and it influences me to my current investment philosophy. So this is the first book which I believe quite a number of you have read. Rich Dad Poor Dad.

Rich Dad, Poor Dad taught me about (1) passive and (2) recurring income. Firstly, it has to be passive i.e. you don't have to work hard for money. Even though I still have a day job (my wife is working too.) which is able to feed my family, it is a dream to have recurring income which is able to supplement my household expenses. Some of you may ask whether I am going to business. Honestly, I don't think I am ready for that yet. But at least I am able to invest and generate a steady stream of income from here. However, it needs a large sum of capital.

If you have not read it, it is a good book to start to get you thinking and be passionate about taking control of your financial security. If you wish to buy this book from Amazon, the link can be found in the sidebar.

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