2nd update on largest investments in 2018.

This blog is in response to some readers' requests for an update.

Not heavy on reasoning, I will be sharing more in my quarterly passive income updates for both REITs and non-REITs.

This would happen end of September or in early October.

Patience.





For many years, AIMS AMP Capital Industrial REIT was the biggest investment in my portfolio but it has been unseated.

It is pretty amazing as this did not take place within the same bracket either.

A new bracket has to be created for the largest investment in my portfolio by market value now.

$500,000 or more:
SingTel


Yes, SingTel and it should not come as a surprise to my regular readers.

Of course, this is the result of constant accumulation of shares in SingTel in recent months as I stick to my investment thesis and plan.





From $350,000 to $499,999:
AIMS AMP Cap. Ind. REIT

I haven't done anything to my investment in AIMS AMP Cap. Ind. REIT in a long time and it is unlikely that I would be doing anything to it soon.

I like sitting back and receiving quarterly income distributions.

The REIT is probably one of the better run REITs in Singapore and, over the years, it has been amply rewarding as an investment for income for me.

From keeping AIMS AMP Cap. Ind. REIT company, my investment in ComfortDelgro now keeps First REIT company as they are now in the same bracket.





From $200,000 to $349,999:
FIRST REIT
ComfortDelgro
WILMAR Int'l

Of course, regular readers know my investment in ComfortDelgro moved into this lower bracket because I booked a nice capital gain as its share price recovered pretty significantly and this was after receiving a very nice dividend as well.

Although reduced in size, I still have a relatively significant investment in ComfortDelgro.

Quite comfortable with staying invested in ComfortDelgro as my investment thesis remains intact.





Next is my investment in WILMAR Int'l which has joined this bracket as well but unlike my investment in ComfortDelgro, it moved up from a lower bracket.

I bought more shares in WILMAR Int'l, accumulating on price weakness in 3Q 2018.

I like the idea of being paid while waiting for the cyclical upturn to happen.

I don't know how long it is going to take but I am in no hurry.

All in good time, no doubt.





From $100,000 to $199,999:
ASCENDAS H-Trust
Centurion Corporation Ltd
ACCORDIA Golf Trust
Development Bank of Singapore

I have also been buying shares of Centurion Corporation Ltd and ACCORDIA Golf Trust in recent weeks but, even so, they have not crossed into the next bracket and are staying put in this bracket.

I had to check to see if DBS dropped out of the list as its share price declined recently.

DBS is staying.





Like I said, I will share more in my coming quarterly update which is likely to be quite massive.

Don't bombard me with more questions, please.

Why not watch this video instead?






Related post:
Largest investments updated (Early 2018).

Money from RHT Health Trust past and future. (We are responsible for our own financial future.)

I want to share an interesting video before starting on the blog proper.

There is a lot of wisdom in this 5 minutes video clip and, unless we are born with a spoon made of some precious metal in our mouth, everyone, especially the young, should watch it.

1. Delay gratification (i.e. discretionary consumption),

2. understand the danger of taking on too much debt,

3. save money (that is what 401K means in USA and, for us, it would be the CPF and SRS),

4. start investing early,

5. let time and compound interest work their magic!

We are responsible for our own financial future.






This blog is in response to a recent comment from a reader:

AK says...

Hi Ruby,

For RHT, I believe that it will become a shell company just like what happened to Saizen REIT after they sold their portfolio of assets, if you remember.

RHT's shareholders will receive the bulk of the proceeds from the sale of the Trust's assets but RHT would still be around.






In the case of Saizen REIT, it was finally liquidated and any remaining money was distributed to shareholders.

It could happen to RHT in future or it might not.

Just have to wait and see.

But this deal really helps to crystalise for RHT shareholders on what each unit in RHT is worth.

So, if readers bought into RHT like I did in more recent times at 72c per unit thereabouts, they will be OK.





We should also bear in mind that there is still residual value after the proposed special dividend to be paid to shareholders.

What about investors who got in earlier?

Well, I expect that their investment in RHT would have done quite well.

Of course, you would remember that I first bought into RHT at 88c a unit back in August 2015.






That earlier investment has received income distributions over the years and also a special dividend of about 25c per unit in 2016.

We booked a very nice capital gain back then.

This time, an estimated 76.6c per unit will be distributed.

If not for the rather weak Indian Rupee, the number would be higher.

Without taking into consideration the regular periodic income distributions received in the past, the two special distributions together amount to more than a dollar per unit.

Like before, there is capital gain for us in this proposed special distribution but it would also include the return of our investment capital.

The returns are not stellar like in the case of Saizen REIT or Croesus Retail Trust, but, the outcome is not a bad one.

Investing in good income generating assets is comforting because our investments should become safer over time.






Related post:
1. Increased investment in RHT (Early 2017).
2. Initiated position in RHT at 88c (2015).
See announcement by RHT:
Disposal of assets.