General S-REITs Discussion Thread

[d5dude]

Those are index etf and not actively-managed etfs u know right?

And the index that these things are tracking are also cap weighted at 10% per holding, it suffers from the same issue.

 

[d5dude]

Its simple enough to buy my 10 favourite REITs.

REIT ETFs hold REITs that I have no interest in buying. Why pay the expense ratio for something I don't want?

Wouldnt be so bad if it wasnt cap weighted at 10%, at least the fund wouldnt be continually rebalancing into the losers, many of which have lost 50 - 100% of their value over the years.

 

[DevilPlate]

Its simple enough to buy my 10 favourite REITs.

REIT ETFs hold REITs that I have no interest in buying. Why pay the expense ratio for something I don't want?

I mentioned before it is not cost effective to dca into 10 reits periodically.
to optimise brokerage fees into CDP, need around 8k per reit each time u dca…..and u suppose to dca equal amt into all 10 reits each time which means 80k

so unless u do market timing and lump sum investing then make sense to buy individual reits….

*i Only want my sgx stocks to be held under CDP

 

[DevilPlate]

Wouldnt be so bad if it wasnt cap weighted at 10%, at least the fund wouldnt be continually rebalancing into the losers, many of which have lost 50 - 100% of their value over the years.

I guess it works both way….some criticise SPY is too concentrated right now

 

[d5dude]

I guess it works both way….some criticise SPY is too concentrated right now

SPX isn’t concentrated at all, not if you compare it to other indices outside the US anyway, some indices in developed markets have like 10 stocks making up 60% of the index.

It’s a bad idea to cap an index with an arbitrary weight, especially so if it’s a thematic or sector index. I wrote about this many times before, historically most of the long term returns in the stock market come from a very small number of stocks, most stocks simply aren’t worth investing in over the long run.


https://www.bloomberg.com/opinion/a...on-how-to-get-away-from-the-magnificent-seven

P.S, Use a paywall buster if you cant see the concentration chart in the article.

 

[stanlawj]

BoJ has pivoted! Hike rates from 0.1% to 0.25%!!!
BoJ pivot means FOMC pivot (rate cut) coming soon!!

SREITS bear market has ended!

https://www.cnbc.com/2024/07/31/boj...roadmap-for-trimming-bond-buying-program.html

Bank of Japan raises benchmark interest rate, outlines roadmap for trimming bond buying program​

 

[homer123]

S-reit still going nowhere with their dismal DPU reporting

 

[stanlawj]

S-reit still going nowhere with their dismal DPU reporting

That's what was being priced in the past year of bear market.

 

[TehSi99]

S-reit still going nowhere with their dismal DPU reporting

Many different factors affecting DPU.

 

[addict951]

Fellow reit vestors, y’all noticed this round of XD all the reits nv drop liao like storing energy for new burst of fire?

<edited> 11:05
Lai liao
Suntec XD-ed then now 1.19/1.2 and some others slowly moving up liao.
XD & moving up!

 

[limster]

prices seem ok, FLCT is currently $1.01 but need to take into account the recent $0.035 XD as well.
those who bought under $1 before XD should be making money already.

 

[DevilPlate]

prices seem ok, FLCT is currently $1.01 but need to take into account the recent $0.035 XD as well.
those who bought under $1 before XD should be making money already.

FLCT borrowing cost around 2.6% if im not wrong….high chance dpu continue to drop next 1-2years when more debts get refinanced at 4%

Not sure market price that in liao anot

Nonetheless i still hold and underwater

 

[addict951]

Maplelog break out!

 

[addict951]

MapleCom break out! BB pushed up 3c!
The uturn ish finally here!

 

[Dividends Warrior]

Fellow reit vestors, y’all noticed this round of XD all the reits nv drop liao like storing energy for new burst of fire?

My REIT-heavy portfolio is ready to fly!

https://dividendsrichwarrior.blogspot.com/2024/07/dividend-warrior-1h2024-portfolio.html

 

[limster]

FLCT borrowing cost around 2.6% if im not wrong….high chance dpu continue to drop next 1-2years when more debts get refinanced at 4%

Not sure market price that in liao anot

Nonetheless i still hold and underwater

maybe thats why all my Euro banks are doing well.... net interest margin is good.

 

[weng0202]

FLCT borrowing cost around 2.6% if im not wrong….high chance dpu continue to drop next 1-2years when more debts get refinanced at 4%

Not sure market price that in liao anot

Nonetheless i still hold and underwater

I think most of its debt is on fixed rates, right? So won't increase until so high, maybe 3+%. And with rates dropping soon, they will refinance at a lower rate than now I guess.

 

[TehSi99]

FLCT borrowing cost around 2.6% if im not wrong….high chance dpu continue to drop next 1-2years when more debts get refinanced at 4%

Not sure market price that in liao anot

Nonetheless i still hold and underwater

Same. I bought at a high.
The next refinancing doesnt looks good.

 

[iceiscold]

It could be the best years to DCA into reits etf for those accumulating wealth

Js remember your purpose of buying reits is to collect passive income.

Exactly. Don’t understand why people want buy banks don’t want buy REITs when interest rate is going to be cut.

 

[sohguanh]

Exactly. Don’t understand why people want buy banks don’t want buy REITs when interest rate is going to be cut.

Becuz local bank stocks can do capital gain as it rise and drop can be 10,20 etc cents kind but 100 units per trade need more monies.