Cory Diary : Mini-Repeat of Sell Down of Reits Stocks

Yesterday STI Index was up. Interestingly, many of the key Reits are down. This have some similarity whenever there is longer term view that interest rates have dropped enough especially when the trade deal could conclude positively.

As blogged earlier ( link ) , and the shift to Banking Sectors. This has acted as counter balance to the Reits. While Cory can never be sure they will always be on opposite polarity, it does put the portfolio at much lower risk which makes a lot of comfort sense.

Will this trend continue will be anyone guess. Hope that there is some attractive valuation for Cory to pick from the ground.

In the meantime, Cory steals some Astrea 3.85% lots before Ex-dividend. If calculation is correct still get roughly 3% yield. The funny thing is Cory sold some Frasers 3.65% Bond to the market to par down his 6 digits interests to 5. To shift some of 3.65% yield asset to 3% is something to wrap about. As long one is happy, who cares.

Cory also decided to expand a little more into AGT for the yield and of-course the bonus will be the buyout. Talking about Bonus, Year 2019 Bonus is quite cool. Looks like is good to work as long as possible. 😎

Anyone watched "The Mandalorian" ? Investment can be lonely ....

Cory
2019-1212

Cory Diary : Dividend Investing is Boring. Easy ?

Capitaland Mall Trust has been with Cory Portfolio for about 6 years ago.  It has been one of the key starter for Cory to learn about dividend investing. The yield is not so great, not bad, stable and well backed. This gives confidence to Cory to mend his ways in the early years of aimless speculative investing.

Below historical data of Cory's CMT Table.


As you can see, starts on Year 2014, took some breaks on Year 2015 and 2016 before it becomes Core Position in Portfolio in Year 2017, 2018 and 2019. Years where Cory P/L is positive is also years Cory holds for long time within the year.

Even on a not so great yield, Cory collected S$33K from it slowly. How much capital deployed ? In/Out trading on some and holding on mains maybe around $50K-$60K. Looks like quite profitable so far. Maybe is not that surprising as dividends act as a good buffer from market fluctuation to trade. To get to know more about CMT here's the chain articles on CMT.

Yes, Dividend investing can be boring. Maybe Year 2019 is different. Well, it is usually boring but often profitable from Cory experiences so far till it is not .... 😨. Investing maybe is that easy. I hope ! 


Cory
2019-12-08

Cory Diary : Sector View of Cory Portfolio

Sector tracker comparison for 2 month periods


Cory Top 7 Investments

1. Ascendas Reit

2. DBS

3. STI ETF

4. Frasers Bond

5. CapitaLand Mall Trust ( CMT )

6. VICOM

7. SPH Reit

Previous Investment as link.

Note: Netlink BNB Tr is classified under Telco

Main Key Change is the expansion move in Banking Segment which are relatively more attractive to position for Year 2020. This provide a more balance portfolio that is strong enough to match Reits exposure which has enjoyed significant run up this year. Chances are we are't going to see same scale in jump for Year 2020.

Cory
2019-1206