STI broke it's August low in September to test 2740 level and subsequently rebounded. I took the opportunity during market panic to add First REIT into my low cost portfolio. At my buying price of $1.205 per share, yield on cost was a decent 6.8%.
Loss YTD increased to -5.08% or -11.55% on a weighted annualized basis. No dividend received in September. I added $3,000.00 of fresh fund into the portfolio in September. As my portfolio allocation had achieved the targeted allocation of 60% equity and 40% bond, I planned to sit tight and only increase equity allocation if STI dropped to between 1500-2500......