General S-REITs Discussion Thread

[yumsang]

I won’t be surprise SG will make up of 90% China in 20 years time

this is the C’s ultimate plan?

the replacement or replenishment depends on SG birth rate? and there is "quota" .....

 

[luckyplate]

That is good too. But during my times no ETF only the individual REIT get listed so only can buy them individual. Now got ETF it may not be a bad idea but the common argument is what if the ETF include some lousy REIT in it and you have to take it all. A price to pay for everything I guess.

The good part is you don't have to take care of rights issues. ..just enjoy the ride ..

 

[limster]

The good part is you don't have to take care of rights issues. ..just enjoy the ride ..

I like to apply for excess rights which is essentially free money since it is usually heavily discounted - cant do that with ETF.

And the problem with the ETF market is that there are so many obviously bad REITs that end up in the ETF.

Recently homer123 posted the list of 10 top REIT and 10 worst REIT for 1H23. I am glad to say that of the 10 worst REIT, I owned zero. If I buy REIT ETF, I may be 'forced' to own them.

This week I decided to buy more Frasers Logistics Trust. I think there is a good reason why it is DW's no.1 holding.

 

[Dividends Warrior]

This week I decided to buy more Frasers Logistics Trust. I think there is a good reason why it is DW's no.1 holding.

Nicely done! 2022-2023 had been a great time to add reits. Beautiful rally for reits today.

 

[DevilPlate]

Nicely done! 2022-2023 had been a great time to add reits. Beautiful rally for reits today.

3% CPI report Huat ar

 

[yumsang]

FLCT moves like tortoise but bo bian slowly wait

 

[iduncheckmail]

I like to apply for excess rights which is essentially free money since it is usually heavily discounted - cant do that with ETF.

And the problem with the ETF market is that there are so many obviously bad REITs that end up in the ETF.

Recently homer123 posted the list of 10 top REIT and 10 worst REIT for 1H23. I am glad to say that of the 10 worst REIT, I owned zero. If I buy REIT ETF, I may be 'forced' to own them.

This week I decided to buy more Frasers Logistics Trust. I think there is a good reason why it is DW's no.1 holding.

can very easily tell you don’t know much at all.

Rights issue is priced cheaper becoz it is essentially increasing the share base there by diluting all your existing shares.

the ETF manager will also get the rights issue, and he will secure to ensure the proper balancing of the constituent shares . It’s not like ETF doesn’t get it .
facepalm

lastly , DO NOT blindly follow what others do, that’s the worst investment strategy of all time.

not smart best not to act smart , u making things worse for yourself .

 

[limster]

can very easily tell you don’t know much at all.

Rights issue is priced cheaper becoz it is essentially increasing the share base there by diluting all your existing shares.

the ETF manager will also get the rights issue, and he will secure to ensure the proper balancing of the constituent shares . It’s not like ETF doesn’t get it .
facepalm

lastly , DO NOT blindly follow what others do, that’s the worst investment strategy of all time.

not smart best not to act smart , u making things worse for yourself .

There is no evidence in the annual report that REIT ETF manager subscribes to excess rights for the benefit of the etf. Subscribing to excess rights is active trading and not a passive strategy. (ETF must stick to the component weights of the index)

I am happy to subscribe for excess rights if the price is right... more importantly I hold the higher quality REITs, so I am happy to buy more to hold for long term.

For low quality REITs, I won't even buy their share, no need to talk about subscribe for rights

 

[Autoluna]

Now u buy the second table reite
few years down the road, it become your top performance liao
hehehe

 

[sohguanh]

Now u buy the second table reite
few years down the road, it become your top performance liao
hehehe

I think reits is just like stock will have their ups and downs. What is top now may be bottom in future and vice versa. If this forum is still around in 10 years time we can revisit this thread and check the table again.

 

[limster]

This week I decided to buy more Frasers Logistics Trust. I think there is a good reason why it is DW's no.1 holding.

FLCT price is slowly creeping up, managed to hit $1.30 today....

 

[DevilPlate]

Our AK Dividend Master said he divest a portion of reits into 3 local banks.

How big his portfolio now to generate 200k dividend pa.?
*his blog is extremely painful to navigate

 

[limster]

Our AK Dividend Master said he divest a portion of reits into 3 local banks.

How big his portfolio now to generate 200k dividend pa.?
*his blog is extremely painful to navigate

6 years ago his dividend income was $168k, :

so if it's now $200k, it means that even though he is not earning income, he is still managing to grow his dividends, despite being heavily vested in SG shares. Thats the power of dividends

agree his blog is quite messy. Since he FIRE maybe he should invest in a content creation course. this sort of blog won't be read by the younger generation.

Its important to learn new skills to remain relevant, even during FIRE.

 

[DevilPlate]

He lives simply and reinvest excess dividends collected back into the market and thus, growing his portfolio and dividend bigger and bigger

He should probably upgrade his lifestyle....200k already jiak bey liao haha (can afford to change car every year sia whahaha)

 

[limster]

He lives simply and reinvest excess dividends collected back into the market and thus, growing his portfolio and dividend bigger and bigger

He should probably upgrade his lifestyle....200k already jiak bey liao haha (can afford to change car every year sia whahaha)

not clear from his blog whether he is living simply. From what I can see from his blog he just seems to be addicted to computer games so maybe he doesn't need to spend much, though he also says he has car and condo.

 

[DevilPlate]

not clear from his blog whether he is living simply. From what I can see from his blog he just seems to be addicted to computer games so maybe he doesn't need to spend much, though he also says he has car and condo.

His latest blog saying how 5k salary is enough today.

 

[havetheveryfun]

agree his blog is quite messy. Since he FIRE maybe he should invest in a content creation course. this sort of blog won't be read by the younger generation.

Its important to learn new skills to remain relevant, even during FIRE.

well he did try those ai generated voice youtube videos..

at first thought its cos he dont want ppl to hear his voice.. but then he already appear on interview and ppl already know his voice.. so perhaps he can just make normal youtube videos with the real voice instead of the ai generated one..

 

[Nofear40]

Assuming 5% dividend yield, his capital is 4m..
He did not really say how he get that massive capital… I live simply too- no car and stay in HDB..he stays in condo & drive.. but don’t think I can reach his level.. not even close

 

[limster]

Assuming 5% dividend yield, his capital is 4m..
He did not really say how he get that massive capital… I live simply too- no car and stay in HDB..he stays in condo & drive.. but don’t think I can reach his level.. not even close

like others mentioned, his blog is very messy, but there is a post somewhere where he mentioned he was initially in property investment, he sold his investment properties and converted the sale proceeds into dividend stocks.

 

[Nofear40]

like others mentioned, his blog is very messy, but there is a post somewhere where he mentioned he was initially in property investment, he sold his investment property and converted the sale proceeds into dividend stocks.

Haha… cos he is “talking to himself”, not to us..
Thanks - so he got his capital from property in the old days … not so relevant now