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By A Singaporean Stockmarket Investor (ASSI)  •  January 22, 2014
Regular readers know that First REIT is one of my oldest investments in my portfolio of S-REITs. One of my earliest blog posts said how this was an investment for keeps. That was in March 2010. Time really flies. It has been almost 4 years. See: First REIT: This one is for keeps. Over the last few years, I made use of opportunities to buy more units of First REIT's. These opportunities were in the form of a rights issue and market corrections. See: Bloodbath continues and AK71 went shopping! and First REIT: Rights issue.
I became an investor of First REIT's in 2007. The price was 75c a unit. During the Global Financial Crisis (GFC), I bought more at 42c a unit. When it had a rights issue at 50c a unit, I took up my allotment and even bought nil-paid rights from unit holders who didn't want to ......
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By A Singaporean Stockmarket Investor (ASSI)
Have a more secure financial future in an uncertain world by creating a stream of reliable passive income with high yields.
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