Invest
Added Mapletree Logistics Trust in first investment of 2021
By Live Rich Life Free  •  March 9, 2021
I last nibbled 600 shares of Mapletree Logistics Trust (MLT) at $1.92 in Dec 2020 and gotten 2400 shares of MLT through application for the preferential offering shares of Mapletree Logistics Trust in Nov 2020 at $1.99 in Nov 2020. In total, I only owned 5,000 shares of MLT. The share price of MLT has weakened in recent weeks due to interest rate hikes speculation and more possibly cashing out of funds by institutional hedge funds into growth industries stocks which offer higher value. I am not too bothered by all the noises from the news and analysts. I believe that every crisis or dip present opportunities for building up passive income. Fundamentally, there is no change in the industrial Reits on my radar list i.e. Mapletree Industrial Trust, Ascendas Reit, Keppel DC Reit. MLT needs no further introduction as a resilient, high quality Logistics Reit thriving on the booming and growth of e-commerce and logistics needs in the APAC regions...
Read the full article
By Live Rich Life Free
The purpose of this blog is for me to share my reinventions of how life should be lived and journal my journey towards financial independence. I believe that life is a story book. Each chapter contains 10 years of our lives. I am moving on towards mid 30s in 2021. As a nobody but somebody, I am in Chapter 4 of my story book. I hope to influence my philosophy of living a rich life freely and healthily with all of you. Embrace the future and empower freedom!
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance