It is easy to make money in a bull market. I’m still safely in the green zone, largely due to beginner’s luck.
This year, the STI ETF has mostly raced ahead of REITs, but REITs have been making a sustained climb. In flat markets when the index has tended to moved sideways, dividends from REITs are a welcomed boost to returns.
I used to hold a few other REITs, but have since taken the chance to consolidate my holdings when StanChart implemented $10 bucks a trade. See my epic story here.
Among the counters I used to hold are Mapletree Commercial Trust, Saizen REIT and Parkway Life REIT. Other brokers are pretty aggressive, and I’m paying $10 a trade with DBS Vickers these days, plus I’ll receive an additional $5 rebate. (Valid till 31 December 2017)
Frasers Centrepoint Trust [2.14] :
Looks like the lemonade stand and the hotdog stand integration is almost complete. It is almost a small miracle that FCT’s record of consecutive years of DPU growth is going to remain intact.
Northpoint City (South Wing) will open by 4Q 2017. The existing Northpoint will be renamed as its North Wing. Better times are coming.
Capitaland Mall Trust [2.11] :
Apart from Fraser Centrepoint Trust ($1.90), I also bought Capitaland Mall Trust ($1.89) for my wife’s tiny portfolio.
AEI works for Bukit Panjang Plaza (completed) and Raffles City (1Q-2018) in the short-term. Funan Mall has closed for a year already, and it will be a while (4Q-2019) before it resumes significant contribution.
STI ETF [3.26] :
Last year, I tested out my plan of purchasing STI ETF using my CPF-OA money ($2.75) when the market is weak.
Unfortunately, the index didn’t drop any further to hit my thresholds for more purchases. It has been a good move, and I’ll do the same when history repeats itself.