Reader #1 says...
Do you feel that there’s a REIT in Singapore which we could buy and hold forever?
AK says...
I thought I could hold First REIT forever.
I changed my mind. 😜
Now, I wonder if I could hold AA REIT forever?
I think we have to be prepared for changes because they do happen.
Related post:
Largest investments updated (3Q 2019).
I noticed that you hardly talked about Forex Trading.
May I know if you could share your thoughts on it?
Actually I’m asking this because one of my friends is doing it and he advertised it on his Facebook recently
AK says...
FOREX trading.
Hmm.
I dunno anything about trading in currencies.
It isn't something I can value.
I made a mention of this in my blogs on Bitcoin.
Bad AK! Bad AK! 😛
Related post:
My final word on Bitcoin and friends.
Reader #3 says...
Now lippo seems to hv "fixed" the mess.
U think for ppl like me who never get (First REIT), can consider?
Can heal?
AK says...
Bandaged :p
You see my blog on why I sold and you decide for yourself. 😉
Related post:
Sold First REIT.
Reader #4 says...
AK, I want to show my friend your $1m CPF meme but the link is gone.
Send it to me ok?
AK says...
Sure.
Hope you song song gao Jurong. ;p
See:
This guy has $800K in his CPF (AK responds to HWZ forum).
Been a while since I took a photo of my breakfast.
Two hard boiled eggs eaten with a sprinkling of salt and black pepper.
A glass of warm water infused with ginseng roots.
New readers might want to read:
You are not successful in Singapore unless you do this!
5 comments:
Hi AK,
Thank you for posting again. Healthy looking breakfast you've got.. yummy :)
Hope Mr market goes down more for opportunity to reload. Waiting patiently..
Hi Invest Sg,
Actually, I am not as strict as I was with my diet but I still like to keep things simple.
As for Mr. Market, he will do what he will do. ;)
Hi AK,
Should one subscribe the CapRetCh Tr Pref Shares?
Would you talk to yourself, pls? thks
Rgds,
Dom
Hi Dom,
Apologies for this tardy reply which is not going to help.
However, I did take part in the rights issue.
See:
3Q 2019 passive income.
First Real Estate Investment Trust (First Reit) fell after its former parent company Lippo Karawaci announced it will start discussions to restructure its leases as the Covid-19 pandemic renders its rental subsidies to the Reit "unsustainable".
Units of First Reit dropped 11.3 per cent or 10 Singapore cents to 78.5 cents as at 11.46am on Monday before it called for a trading halt. About 6.6 million units changed hands.
This marks the lowest price for the counter in nearly two months. First Reit units traded at 74.5 cents on April 9.
Reference:
https://www.businesstimes.com.sg/companies-markets/hot-stock-first-reit-units-sink-11-after-news-of-lippo-karawaci-rental
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