(08-12-2016, 06:34 PM)BlueKelah Wrote: [ -> ]Looks. Very. REIT heavy. Good luck
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Hi BlueKelah.....
REITs form around 58% of my overall portfolio. I believe REITs are still a good source of investment income provided we pick the quality ones by using a bottom-up approach in our analysis.
(09-12-2016, 08:19 PM)vingaard Wrote: [ -> ]The dividend yield of about 4% seems rather low for a portfolio so heavily invested in REITs. Were many of the holdings recently added?
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Hi Vingaard...
Most of my REIT holdings were initiated during the taper tantrums back in 2013...
(10-12-2016, 11:17 AM)corydorus Wrote: [ -> ]Yield can be measured on Cost of Stocks and on Price (Current Valuation)
I think is a big mistake if one use just yield as a benchmark to setup their portfolio.
Hi cory...
Yield is definitely never the first metric I look at when I analyse REITs.....
I adopt a bottom-up approach. As we move towards an increasing interest rate environment in 2017, I look at healthy gearing, well spread-out debt maturity, low all-in debt costs, high percentage of total borrowings hedged on fixed rates, high interest coverage ratio. Of course, having a strong backing from a sponsor is a bonus....such as Maplatree, CapitaLand etc etc
hi dividend knight, have not read your updates for very long.
any update for us?