High Dividend vs Growth Stocks

[momoeagle]

Set your criteria for buying. Once your criteria is there, it becomes almost automatic to know when to buy or sell.

Personally I will buy a REIT if it satisfies a few criteria.
1) financially strong sponsor.
2) proven management but this is hard to judge
3) price below NAV. But do consider that NAV changes along with valuations. Preferably more than 20% below NAV but not always.
4) good yield. This is relative, and depends on the type of REIT and the market conditions
5) gearing. High gearing is what makes me not buy keppel reit at the moment, though under consideration.
6) debt profile (my latest criteria)
Preferably spread over few years and on low interest rates bonds for interest stability. This makes CMT an attractive choice for me.


So far only CMT, CCT, starhill and aims almost meet these criteria for me.

My 2 cents.