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1Q 2017 passive income from non-REITs.

Sunday, April 2, 2017


Japan is rising from recession. Produced by NHK Int'l.

In my last blog, we saw that I made some changes in my S-REITs portfolio in 1Q 2017. Regular readers might recall that the quarter also saw some changes in my non-REITs portfolio.

I made the following changes to my non-REITs portfolio:

1. Increased my investment in APTT and then sold it within 2 months.

See: Sold APTT at higher price.

2. Increased my investment in QAF Limited.


See: What is QAF really worth?

3. Invested in Kingsmen Creatives.

See: Kingsmen Creatives Limited.

4. Increased my investment in Religare Health Trust.


See: Increased investment in RHT.

5. Invested in Centurion.

See: Centurion Corporation Limited.

6. Invested in Guocoland.


See: Guocoland and Mr Quek.


Eco World, GuocoLand to hold 27% stake each.


Quite a few changes, I must say, and, naturally, my cash position is very much lower now. Off the top of my head, cash is probably at less than 20%.

More than 80% invested is a big deal to me. It is probably a big deal for any regular retail investor who believes in always having a war chest ready.

Unless Mr. Market should throw me prices much lower than the current levels, all else remaining equal, I really wouldn't be adding. 






I received income from the following non-REITs in 1Q 2017:

1. Singtel
2. Tai Sin
3. APTT 
4. APSF
5. Croesus

Total income received from non-REITs, with Croesus Retail Trust being the biggest contributor, in 1Q 2016 is:

$13,543.31

This gives me about $4,514 a month.

Together with income received from S-REITs, I suppose 1Q 2017 turned out pretty well.







I get enough to cover all my expenses and more. So, I am able to do voluntary contribution to my CPF account and also put some money in my war chest. Now, back to my game.

See: 
Make $1 million investing for income?
Related post:
1Q 2016 income from non-REITs.

8 comments:

H said...

Hi AK,

Can I ask why you decided to be 80% invested at this time? Anecdotally, a financial crisis appears every 7-10 years and we may be due for another since the global financial crisis. The S&P is hitting new highs, interest rates are rising and yields from Reits may be compressed. By being 80% invested, do you believe there will be stability for at least a few more years?

Would love to hear your thoughts!

AK71 said...

Hi H,

I don't know what Mr. Market is going to do in future.

I do know or at least I hope I know when a stock looks relatively attractive. Interest rate is just one of many considerations and I shared a video in my blog on 1Q 2017 income from S-REITs.

I know some people who keep saying that the next stock market crash is coming and some have been saying this for 3 or 4 years, holding on to cash.

I keep saying that we should not be overly pessimistic. Be pragmatic.

I said that again last year at an event:
http://singaporeanstocksinvestor.blogspot.sg/2016/07/talking-about-evening-with-ak-and.html

C2 said...

Hello AK,
I'm able to find the stocks under this post in Google except for APSF. Would you please kindly share the name of the stock for APSF? Thanks

C2 said...

Hello AK,
I'm new to stock investing and started following you recently. I'm able to locate the other stocks from above post "1Q 2017 passive income from non-REITs." except for APSF. Would you please kindly advise the full name of APSF? Thanks

AK71 said...

Hi C2,

Welcome to ASSI. :)

I blogged about it before:
APSF (formerly MPSF).

AK71 said...

Augustine Lim:
I guess my shi fu AK only half invested cos now not GFC.

Lee Jiahui:
I guess AK 40% vested nia.

AK:
You people memory all very bad.
The answer is in this blog. :p

AK71 said...

Reader says...
Hi ak,
Your thoughts on aptv please.
I remember that you were into it but cannot find anything about it now.
Thanks

AK says...
Probably because I sold it (APTT). ;p

WTK said...

Hi all,

My take is that it is better to stay invested at all times and reap the dividend at the same time. Having said that, it is not advisable to be 100% invested in the market. The percentage of market investment is entirely up to the individual's preference and risk appetites. I strongly advocate that one should leave a sustainable warchest to take advantage of the market downturn if arised.

My two cents of opinion.

Ben


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