Here are some of my updates on my portfolio since July.
Much earlier this year aka in January, I have increased my holdings in ESR REIT by 55,000 shares. Thus, I was holding to about 113,000 shares. Then, I have subscribed to their rights issue and applied for excess rights issue which I am surprised that I am being allocated to all that I have applied. Thus, it seems that I am overweight on ESR REIT with 190,000 shares with an annual yield of $7,600 (about $635 monthly)
Global Investment Limited
Not much movement for this except that I have subscribed to dividends in scrip which pushes my holdings to 1,100,000 shares, giving a yield of $13,362 (about $1,113 monthly)
With that, here is my updated portfolio as of 29th March 2018, giving me $4,900 passive income monthly which is fantastic. It is like having another person working at home. (There are some purchases which I have made with 0% credit card instalment and I have placed them here as well.)
I would like to ask one question. Why do you decided to put all the money in reits? Or this is just part of your entire portfolio? And why not invest some equity and bond?
Thanks a lot.
I started with REITs because it is a business which a novice investor can understand. In my opinion, it is much easier to understand than other businesses. I haven't have time to look at other sectors so I am still in REITs only. :-)
Thanks for your reply.Delete
more accurately is REITS, Business Trusts and high yield Singapore shares. I also sama samaReplyDelete
Reits like lippo malls, asian pay....have been dropped a lot....high yield now but im afriad there would be dividend cuts....ReplyDelete
Recently Lippo mall drops a lot due to the new tax imposed by the gov…..even its yield is getting high, but my concern is if it will cut the coming dividend, still hold it or sell it?
Hello :) I’m also starting to concentrate my portfolio on reits, saw your eat and clear table, you don’t have a column to see if the unit price falls?ReplyDelete
Hi could you add a column showing the current market value of these holdings please?ReplyDelete
Bro, i not quite understand this statment in the GIV latest QR, can explain your view?ReplyDelete
With effect from 1 January 2018, the Company and its subsidiaries (the Group) has adopted IFRS 9.
the interim div for 2018 is 0.5cent, whole year likely 1 cent, which give only ~7% DY at current price.ReplyDelete