Hi readers,
Another word of thanks to my readers who have come forward to advise on the risky move that I have made. I have since made adjustments to my portfolio.
I have sold Accordia Golf Trust and Croesus Retail Trust and use it to pay off the loan I got. Thus this is the current portfolio I have.
Global Investment Limited => 595,411 shares worth $88,000
Viva Industrial Trust => 60,000 shares worth $49,200
Others shares worth $3,000
Cash => $20,000
No loan :-)
I am opening a YieldMax Account with UOB KH so will wait for it to be open before making the next move.
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.
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.
Will this be temporary or are you going to do the same once you have opened the uob acct?
ReplyDeleteGood question! I have not decided yet. As the account offers only 3.5% interest, I might consider but not borrowing so much... Still deciding as I need to watch cashflow as well.
ReplyDeleteany reason for selling crouses and accordia? esp when accordia is releasing dividend real soon.
ReplyDelete