Barely a week ago, we’ve shared with you the change in trend of the US market from the Technical perspective. This was followed by a bloodbath wiping out more than 15% off the market. Things aren’t looking rosy anymore. Read about The Significance of yesterday’s drop from Technical POV here.

We’re now looking at transferring  our money into safer counters. These counters should have limited exposure to the US economy, Asia focused and based in a stronger currency. Everything points to looking back at the SGX counters again.

Suntec REIT. Investment portfolio includes Park Mall, Chijmes, Suntec City, One Raffles Quay and MBFC properties. DPU has been about $0.025 per quarter or about 7% yield per annum. From the chart it seems like a decent time to enter now. Small position though, still too much uncertainty ahead.

Buy Suntec REIT @ $1.43.

The other counter we’re looking at ...