Never too late to start your FI Journey

Met a colleague from another worksite for breakfast last Thursday. We have not met each other for years already. He contacted me earlier when he learned that my days in the company are numbered. It was a very nice gesture from him which I appreciated greatly. One of the things that we spoke about was … Continue reading Never too late to start your FI Journey

SPH Reit Yield is Back

SPH Reit released their full year results yesterday and its DPU performance is BACK ! It announced a DPU of 1.58 cents for their last quarter before closing their book. This is a 14% increase from the DPU from the previous quarter. Their full year DPU also raised 98% year-on-year to 5.8 cents. This translates … Continue reading SPH Reit Yield is Back

Awful Sep but good days ahead likely in Oct, Nov, Dec and Jan

Sep has been an awful month. Major stock markets around the world declined significantly. Even the US markets which have been on a phenomenal and relentless upward climb also crumbled. S&P dropped almost 5% in Sep alone. In the other two markets that I am vested in - HK and SG, they were no exceptions. … Continue reading Awful Sep but good days ahead likely in Oct, Nov, Dec and Jan

I am even more cautious with AA Reit now

The deal looks done - AIMS APAC Reit announced that it had entered into a contract for sale agreement to acquire Woolworths Headquarters. The purchase consideration was S$454 mil and the site is fully leased to Woolworths Group Limited. The Initial Net Property Income (NPI) yield is 5.17%. I spoke about this possible acquisition in … Continue reading I am even more cautious with AA Reit now