Dear AK,
I just started following your blog this year. So many gems!
Thanks for resharing your Saizen REIT blog post from 2015 on Facebook. It just tells me how much more I have to read in your archives!
I might regret asking this but how much money did you make from your investment in Saizen REIT?
AK:
Don't worry, you can ask.
I won't bite your head off.
Whether I give you the desired answer or not is something else.
If I did not reveal the larger investments in my portfolio recently, I would probably have refused your request.
Now, I don't see any harm in sharing the numbers. :)
Income distributions plus capital gains (excluding return of capital) from the sale of all the REIT's assets, roughly,
$ 245,000
Almost a quarter of a million dollars.
The number shouldn't be surprising since Saizen REIT was one of my 3 largest investments in S-REITs and my entry prices were pretty low.
In terms of percentage, the return was probably around 20% per year, give or take a little.
If I did not reveal the larger investments in my portfolio recently, I would probably have refused your request.
Now, I don't see any harm in sharing the numbers. :)
Income distributions plus capital gains (excluding return of capital) from the sale of all the REIT's assets, roughly,
$ 245,000
Almost a quarter of a million dollars.
The number shouldn't be surprising since Saizen REIT was one of my 3 largest investments in S-REITs and my entry prices were pretty low.
In terms of percentage, the return was probably around 20% per year, give or take a little.
I am not crazy enough to calculate the exact numbers.
Of course, now, with news that Saizen REIT is to be liquidated, I should be seeing another few thousand dollars coming back but that is really a return of capital.
Related posts:
1. 2016 full year passive income.
2. Saizen REIT: Right prices and luck.
3. My investment porfolio.
See errata (19 Mar 17, 9.25pm):
Understated gains from Saizen REIT.
Of course, now, with news that Saizen REIT is to be liquidated, I should be seeing another few thousand dollars coming back but that is really a return of capital.
1. 2016 full year passive income.
2. Saizen REIT: Right prices and luck.
3. My investment porfolio.
See errata (19 Mar 17, 9.25pm):
Understated gains from Saizen REIT.
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