Ok, here’s a quick personal update.
There is supposed a 100% probability that the Fed will raise interest rates before the close of the year. I think it’s already built into the REIT prices so even if it happens, a rally for REITs should be around the corner. More worrying is Singapore’s new found status as a sick man of the East. My position is that the downturn is built into the government goal to restructure the economy and not widen the rich-poor gap any further. If a recession is a deliberate strategy, then a more aggressive investment stance is justified.
Recently, most of us investors of Neratel got a massive pay-off in end November and the priority would be to diversify our portfolio’s further. Much of the concern now is whether Neratel without it’s payments business would continue to be a good dividend counter. The consensus from …