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I have blogged about how Warren Buffet is a "know something" investor whereas I started out as a "know nothing" investor to being a "know a bit more" investor and, now, a "know a bit more than a bit" investor. Warren Buffet buys a lot of something which he thinks is a winner whereas for the rest of us it seems that diversification is the way to go. See: Excuse me, are you an investor?
Obviously, as is seen in my blog's header, I am more interested in building a reliable passive income stream than anything else. So, yield is a big thing for me and REITs naturally have a role to play in my strategy.
The meltdown in the global stock markets after the Lehman Brothers crisis shocked me out of complacency and into action, action which saw me beefing up my FA and picking up TA. I refused to be beaten and I was furiously reading and updating my knowledge, reviewing my past mistakes and planning for the future.
REITs are a big part of my portfolio and they gave me much angst during the crisis. I also blogged about the lessons learnt. See: High yields: Successes, failures and the in betweens.
I went on to accumulate more units in REITs which met my selection criteria and currently the top three holdings in my portfolio are REITs. They are Saizen REIT, AIMS AMP Capital Industrial REIT and LMIR. These are all trading at big discounts to their respective NAVs, they have low gearing (or in Saizen REIT's case, lowered gearing) and high yields (or in Saizen REIT's case, potential high yield).
I was not a unitholder of Saizen REIT when they recapitalised. I do not have any historical baggage. I only looked at the numbers in mid 2009 and decided that there was immense value and that there was potential for a very high yield when income distributions resume. Today, the fundamentals have improved and my opinion has not changed. Persistent insider buying suggests a high level of confidence that the REIT is undervalued and that income distribution will resume as promised. I also like the fact that Credit Suisse is now a major unitholder of the REIT. See: Saizen REIT: 3Q FY2010 results. Read more...[caption id="attachment_1338" align="alignright" width="150" caption="Photo by Refracted Moments™"][/caption]
I have blogged about how Warren Buffet is a "know something" investor whereas I started out as a "know nothing" investor to being a "know a bit more" investor and, now, a "know a bit more than a bit" investor. Warren Buffet buys a lot of something which he thinks is a winner whereas for the rest of us it seems that diversification is the way to go. See: Excuse me, are you an investor?
Obviously, as is seen in my blog's header, I am more interested in building a reliable passive income stream than anything else. So, yield is a big thing for me and REITs naturally have a role to play in my strategy.
The meltdown in the global stock markets after the Lehman Brothers crisis shocked me out of complacency and into action, action which saw me beefing up my FA and picking up TA. I refused to be beaten and I was furiously reading and updating my knowledge, reviewing my past mistakes and planning for the future.
REITs are a big part of my portfolio and they gave me much angst during the crisis. I also blogged about the lessons learnt. See: High yields: Successes, failures and the in betweens.
I went on to accumulate more units in REITs which met my selection criteria and currently the top three holdings in my portfolio are REITs. They are Saizen REIT, AIMS AMP Capital Industrial REIT and LMIR. These are all trading at big discounts to their respective NAVs, they have low gearing (or in Saizen REIT's case, lowered gearing) and high yields (or in Saizen REIT's case, potential high yield).
I was not a unitholder of Saizen REIT when they recapitalised. I do not have any historical baggage. I only looked at the numbers in mid 2009 and decided that there was immense value and that there was potential for a very high yield when income distributions resume. Today, the fundamentals have improved and my opinion has not changed. Persistent insider buying suggests a high level of confidence that the REIT is undervalued and that income distribution will resume as promised. I also like the fact that Credit Suisse is now a major unitholder of the REIT. See: Saizen REIT: 3Q FY2010 results. Read more...
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I have blogged about how Warren Buffet is a "know something" investor whereas I started out as a "know nothing" investor to being a "know a bit more" investor and, now, a "know a bit more than a bit" investor. Warren Buffet buys a lot of something which he thinks is a winner whereas for the rest of us it seems that diversification is the way to go. See: Excuse me, are you an investor?
Obviously, as is seen in my blog's header, I am more interested in building a reliable passive income stream than anything else. So, yield is a big thing for me and REITs naturally have a role to play in my strategy.
The meltdown in the global stock markets after the Lehman Brothers crisis shocked me out of complacency and into action, action which saw me beefing up my FA and picking up TA. I refused to be beaten and I was furiously reading and updating my knowledge, reviewing my past mistakes and planning for the future.
REITs are a big part of my portfolio and they gave me much angst during the crisis. I also blogged about the lessons learnt. See: High yields: Successes, failures and the in betweens.
I went on to accumulate more units in REITs which met my selection criteria and currently the top three holdings in my portfolio are REITs. They are Saizen REIT, AIMS AMP Capital Industrial REIT and LMIR. These are all trading at big discounts to their respective NAVs, they have low gearing (or in Saizen REIT's case, lowered gearing) and high yields (or in Saizen REIT's case, potential high yield).
I was not a unitholder of Saizen REIT when they recapitalised. I do not have any historical baggage. I only looked at the numbers in mid 2009 and decided that there was immense value and that there was potential for a very high yield when income distributions resume. Today, the fundamentals have improved and my opinion has not changed. Persistent insider buying suggests a high level of confidence that the REIT is undervalued and that income distribution will resume as promised. I also like the fact that Credit Suisse is now a major unitholder of the REIT. See: Saizen REIT: 3Q FY2010 results. Read more...
