I have made some changes to my portfolio due to some adjustments to my life. Recently I bought a new car (and sold off my old one) so I have pulled out $24,000 from my investments to pay the first 30% of the car. I took a car loan for the rest in view that this money can be invested for better returns. Moreover, here is one movement that I have made.
Asian Pay Television Trust
While on vacation with my family, I bought APTT on the day of XD at $0.525 (50,000 shares) and $0.53 (50,000 shares) in view to use their dividends to pay off the interests of the car loan and the equity loan that I am taking to pay for my car. With this purchase, I currently has 200,000 shares which are currently valued at $113,000, providing me with $13,000 worth of dividends every year.
With all these changes, here is my current portfolio.
Therefore, this portfolio is providing me with $4,290 of passive income every month on average which can be used to pay my housing loan, my car loan with some to spare.
Hi J,
ReplyDeleteI wish to kick-off and start investing in REITS. However, I am totally new in this and hope to seek some advice from you. Are there any recommended reading materials that are useful for newbies like me? Appreciate, if you can guide me on what should be done before investing.
Thank You very much J!